China Financial News

30.12 / 13:45

Fighting security Trade War country Interviews International Fear that China rules the waves jolts US to pursue maritime revival

Subscribe to enjoy similar stories. Rising tensions with China are prompting Washington to revisit America’s roots as a trading nation of the seas. Protecting merchant sailors and their cargo was what compelled Congress to commission the U.S.

30.12 / 12:51

cryptocurrency regulations Bitcoin production Trump's 'Made in USA' Bitcoin is a promise impossible to keep

Trump made the pledge in a post on his Truth Social account in June after meeting at Mar-a-Lago with a group of executives from crypto miners, the companies whose massive, high-tech data centers do the work that facilitates transactions on the blockchain in exchange for compensation paid in Bitcoin or other cryptocurrencies. The gathering was a key juncture in Trump's transformation from a crypto skeptic to one of the industry's strongest allies. «It is a Trump-like comment but it is definitely not in reality,» said Ethan Vera, chief operating officer at Seattle-based Luxor Technology, which provides software and services to miners.

30.12 / 05:17

markets Manufacturing security economy performer country prevention India retains second spot among emerging markets in November, trails China: Mint tracker

Subscribe to enjoy similar stories. India retained its second rank among emerging market peers in November, driven by a modest depreciation in the rupee, robust manufacturing activity, and steady GDP growth, according to Mint's Emerging Markets Tracker. However, a weaker stock market performance, a decline in exports, and an unfavourable inflation reading prevented India from clinching the top spot.

30.12 / 00:43

markets Citi Manufacturing performer reports Colleges The Year of the Snake to bring a balance in job market

Subscribe to enjoy similar stories. Mumbai: The Chinese zodiac says 2025 will be the Year of the Snake--associated with flexibility, growth and change.

29.12 / 18:29

markets UPS Digital Strategy Mobile PAM JSW group in talks with Chinese biggies to charge up its EV drive

29.12 / 16:57

markets Gap economy President students Celebrity country Mint Primer: How H-1B visas got caught in the MAGA debate

Subscribe to enjoy similar stories. It allows companies to hire foreign workers for specialized roles in the US. America’s tech industry heavily relies on engineers and professionals from countries like India, with over 70% of H-1B visa holders being Indian, highlighting their role in the US tech economy.

29.12 / 16:03

markets Citi country reports testing travelers International China unveils world's fastest high-speed train prototype, to travel at 450 kmph

high-speed bullet train which its manufacturer claims reached speeds of 450 kmph during the test runs, making it the world's fastest high-speed train. According to the China State Railway Group Co (China Railway), the new model, known as the CR450 prototype, will further shorten travel time and improve connectivity, making travel more convenient and efficient for the country's vast passengers.

29.12 / 16:03

markets Strategy country reports testing travelers International World's fastest train: China launches rail model prototype which hits highest speed of 450 kmph

29.12 / 15:17

markets Provident Digital Strategy Experts PAM ISRO to demonstrate docking of satellites in space in January, launch on Monday

ISRO is set to launch two satellites on Monday night from the Sriharikota spaceport to demonstrate docking and undocking of spacecraft in orbit, which will make India the fourth country in the world to achieve the feat. The Indian Space Research Organisation's (ISRO) warhorse rocket Polar Satellite Launch Vehicle (PSLV) will place the two satellites — SDX01 and SDX02 — in a 476-km circular orbit and attempt the Space Docking Experiment (SpaDEx) in the first week of January, the space agency officials said.

29.12 / 09:07

markets COST Digital Waters Strategy Experts PAM Siang project not just for generating power but mitigating flood risks posed by China: Arunachal CM

Arunachal Pradesh Chief Minister Pema Khandu said the Siang Upper Multipurpose Project (SUMP), estimated to cost Rs 1.13 lakh crore, was being planned by the Centre not just for generating electricity but to maintain the natural flow of the river all year round and mitigate risks of flooding if China released excess water. Khandu's remarks came in the wake of China approving the construction of the world's largest dam, at a cost of USD 137 billion, on the Brahmaputra river in Tibet close to the Indian border. The dam is to be built at a huge gorge in the Himalayan reaches where the Brahmaputra river makes a huge U-turn to flow into Arunachal Pradesh and then to Bangladesh.

29.12 / 09:07

markets Strategy Trade PAM country recommendations Commerce Ministry seeks anti-dumping duties on PVC paste resin imports from China, 5 others

anti-dumping duty of up to USD 707 per tonne on imports of PVC paste resin, used to make artificial leather and other technical textiles' products, from six countries, including China, for five years, with an aim to guard domestic producers.

29.12 / 08:33

country social innovations shock rights inequality India must go beyond economic efforts to dodge a middle-income trap

Subscribe to enjoy similar stories. As we come to the end of the year, I want to draw attention to a debate that ought to have received greater attention. In August, Indermit Gill, World Bank’s chief economist, shocked everyone by arguing that on current trends, it would take India 75 years to achieve a quarter of the United States’ per capita gross domestic product (GDP).

29.12 / 08:21

markets Twitter Action Strategy pandemic War PAM ‘Living Nostradamus’ predicts that 'the worst is yet to come”, warns of several major global security threats

Athos Salomé, known to his followers as the "Living Nostradamus," has issued a stark warning about the impending risk of World War III. Salomé, who has gained notoriety for predicting events like the coronavirus pandemic, Elon Musk’s acquisition of Twitter, and the passing of Queen Elizabeth II, believes cyber warfare and advanced technology will drive the next major conflict.

29.12 / 02:17

markets Target security Strategy PAM social Chinese Salt Typhoon cyberespionage targets AT&T, but networks secure, carrier says

29.12 / 01:41

markets UPS FIVE Strategy social reports Taiwan reports 5 Chinese aircraft breaching median line, 5 naval vessels operating nearby

29.12 / 01:41

markets Digital Strategy Experts PAM social chess Koneru Humpy grabs historic World Rapid Chess Championship title

Koneru Humpy bagged an epochal second World Rapid Chess Championship title, beating Irene Sukandar of Indonesia here on Sunday. Humpy had won the event back in 2019 at Georgia and the Indian No 1 is only the second player after China's Ju Wenjun to clinch the title more than once.

29.12 / 01:05

markets UPS Digital Manufacturing Strategy Apple country Towering ambitions: Foxconn's expanding footprint in India

iPhone or very soon even the Google Pixel that amps up your swag quotient might owe its existence to a Foxconn shopfloor. And yet, the story began rather modestly in India, 18 years ago. But lately, as India climbs the affordability and style quotient ladder, the Taiwanese major is pumping in billions to expand its manufacturing footprint in the country.

28.12 / 21:07

markets Digital Strategy Experts PAM social testing Has the Chinese startup DeepSeek outsmarted Meta and OpenAI? Here's all about its AI platform that was trained on a joke of a budget

large language model, DeepSeek V3. The model, boasting 671 billion parameters, outperformed prominent AI models like Meta’s Llama 3.1 and OpenAI’s GPT-4o in benchmark tests evaluating text understanding, coding, and problem-solving. This achievement is a major step for China's AI industry.

28.12 / 19:57

markets Digital Strategy Experts PAM social reports Heartbreaking Tale of a 67-Year-Old Woman Scammed by a Fake 'Keanu Reeves' – A Stark Warning About Online Romance Fraud

28.12 / 19:57

markets Digital Strategy Bitcoin PAM social A crash course to 2025? Hardselling Bitcoins while the Sun still shines

Robert Kiyosaki has predicted a stock market crash and suggested that people buy gold, silver and bitcoin. 'Global crash has started. Europe, China. USA going down. Depression ahead? Please be smarter with your money. Hang on to your job and your money,' he posted on X last week.

28.12 / 18:21

markets Strategy War PAM social reports World War III imminent, says Living Nostradamus Athos Salomé; highlights these flash points where battle could start; here's what you need to take note

Living Nostradamus Athos Salome has recently taken the world by storm by stating that a World War III is imminent, and could bring in mass destruction across the globe, based on various flash points from where thigs could worsen. The psychic and seer has also claimed that cyber threats are the biggest troublesome scenarios for the world, and could be one of the most used warfare methods if World War III were to occur.

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