Unregulated Drone Activity and Beijing’s Tightening Low-Altitude Airspace Controls Recent reports of unauthorized aerial incidents in Beijing have accelerated the Chinese government’s push to formalize low-altitude airspace management. While rumors …
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CN
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China’s residential real estate market continues to face significant downward pressure, with resale home prices in major cities falling at an accelerated pace throughout mid-2024. According to data from the …
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PBOC Debuts Overnight Reverse Repo Rate at 1.25% to Fine-Tune Liquidity The People’s Bank of China (PBOC) launched a new overnight reverse repo facility with an initial rate of 1.25%, …
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Business
Solar Power Boom Sparks as Philippines and Thailand Rush to Renewable Energy Amid Global Shift
Rising Energy Costs Drive Solar Adoption Across Southeast Asia The Philippines and Thailand are experiencing a significant surge in rooftop solar installations as households and businesses seek to mitigate the …
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China to Increase Refined Fuel Export Quotas for State-Owned Refiners in July China will raise the refined fuel export quota for its state-owned refiners in July, according to three industry …
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China’s Space and Defense Chief Outlines Ambitious Plans for 2024 Bian Zhigang, deputy director of China’s National Space Administration (CNSA) and the State Administration of Science, Technology and Industry for …
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European Commission Proposes Countervailing Duties on Chinese Hybrid Cars, Says Report The European Commission is considering imposing countervailing duties on Chinese hybrid vehicles, according to a report by German newspaper …
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Crude Oil Prices Retreat as Geopolitical Risk Premium Eases Global oil prices declined by approximately 1% on Monday as market participants reassessed supply risks following reports of unimpeded tanker traffic …
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US Strike in Hormuz Kills Three Indian Nationals, Sparks Diplomatic Tensions Three Indian sailors were killed in a U.S. military strike near the Strait of Hormuz on January 8, 2020, …
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Japan’s Nikkei 225 Performance and Market Volatility The Nikkei 225 index remains a primary barometer for the Japanese economy, reflecting shifts in monetary policy, currency valuations, and global investor sentiment. …
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