China is facing a surge in consumer defaults that threatens to neutralize Beijing’s efforts to stimulate domestic spending. According to reporting from Reuters, rising debt burdens and a prolonged property …
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TOPIC:WORLD-CHINA-SLUG
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China Tightens Control Over AI Models as Tech Giants Halt Overseas Features China is reportedly considering restrictions on overseas access to its leading artificial intelligence (AI) models, according to multiple …
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China Promotes Senior Military Officers Amid Strategic Reorganization BEIJING, July 3 (Reuters) — Chinese President Xi Jinping promoted two senior military officers to the rank of general on Friday, according …
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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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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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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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Philippines Files Diplomatic Protests Against China Over South China Sea Presence The Philippine Department of Foreign Affairs (DFA) has formally lodged diplomatic protests against China, citing the “illegal presence” of …
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