China Financial News

Subscribe to enjoy similar stories. A movie set belongs to a director. Hundreds of people come together to make a film, all of them trying to execute the director’s vision.

Data reveals a clear preference among these women for Western partners. In South Korea, 28% of international marriages in 2023 involved American men, followed by 18% with Chinese men. Marriages to men from other Western countries, including France, Italy, Germany, the UK, Canada, Australia, and New Zealand, accounted for approximately 17%. A similar trend appears in Japan, where American men were the top choice among foreign grooms for Japanese women. Japanese men seeking foreign brides, however, primarily choose women from China and the Philippines.

bank kept policy rates unchanged but cut banks' cash reserve ratio, effectively easing monetary conditions amid slowing economic growth. The rupee closed at 84.6875 against the U.S. dollar, up from its close at 84.7325 in the previous session. The currency logged fifth consecutive weekly fall, declining 0.2%.

Redmi Note 14 5G on the platform. The listing showcases a design consistent with the Chinese version and confirms two striking colour options for the Indian market—black and white, both featuring a marbled finish.

clean technology funding in recent months, as efforts to boost domestic green manufacturing help attract investors. Deals worth about $2.4 billion were completed in the third quarter, more than four times the value of those in China and the second-highest total globally behind the US, data compiled by BloombergNEF show. The momentum is being driven by India’s push to build out local clean energy capacity to limit reliance on China, and the prospects of becoming an exporter of the technologies, said Raj Pai, founding partner of GEF Capital Partners, a climate-focused private equity fund.

U.S. lawmakers and experts warn that the U.S. severely lags behind China in shipbuilding capacity and urge action to build up the country’s ability to develop and produce weapons and other defense supplies to avoid war with China

SW Retail Advisors founder Stacey Widlitz breaks down the latest news from the retail sector as companies prepare for the holiday season.

In an interactive session at industry chamber ASSOCHAM, Jaishankar, at the same time, said he was not asking the Indian industry to not do business with that country. To a question on evolving relations with China, he said with that country accounting for 32-33 percent of global manufacturing, it is logical that several supply chains will have to go through China.

IPO) in 2024, venture capitalists are betting big on the growing Indian ecosystem. Karnataka’s Vision Group chair and cofounder of Accel Partners India, Prashanth Prakash, said that while there is a need for unicorns and soonicorns, there is also an equal opportunity for small startups that are leading the intellectual property (IP)-driven growth for deep tech. «There was a time when, if you were not a large enough startup, you had no value. But I think that is changing. Startups going IPO today will buy smaller companies to expand their scope. It’s not bad anymore to build small,» Prakash said while speaking at Ramaiah Institute of Technology during the Ramaiah Evoluate Incubator's startup awards on Thursday. He added that India is moving beyond a focus on consumer startups and easy opportunities to deep technology, manufacturing, and engineering-led ventures. «By 2025, we could see another 30 to 40 companies from India going public, reflecting the maturing of our startup ecosystem,» the Co-founder of Accel claimed, adding that India stands to gain from the China Plus One strategy.

Subscribe to enjoy similar stories. More than a decade ago, the off-road vehicle maker Polaris surrendered its status as a 100% made-in-America company, gambling that it could add a Mexican factory without alienating customers. The move paid off handsomely.

FBI is warning people against texting between iPhones and Androids due to ongoing cyberattacks. The agency says messages sent from iPhone to Android and vice versa can be intercepted by hackers, the Mirror reported. The warning came days after reports of a large-scale Chinese espionage campaign in which phone data of over million Americans are said to have been scooped up by the hackers including that of a cabinet secretary and a White House Homeland Security Adviser. Hackers have reportedly accessed call and text metadata, and in some cases, message content too.

A week before Donald Trump fired off yet another tariff threat on his neighbours, Justin Trudeau and Claudia Sheinbaum had a chance to confer in person about how to tackle that very scenario. Would they join forces against their errant trading partner or was it going to be a case of every person for themselves?

The OPEC+ alliance of oil exporting countries is deciding on whether to produce more crude as members face sluggish demand and competing production from non-allied countries, factors that could keep oil prices stagnant into next year

A top White House official says at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaign

Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and Trade

finished steel imports from China reached an all-time high during the first seven months of the current financial year from April, according to provisional government data reviewed by Reuters, rattling hundreds of small Indian steel producers. China, the world's biggest steel producer, shipped 1.7 million metric tons of finished steel to India during April-October, a 35.4% increase year-on-year, the data showed. This has exacerbated the deteriorating financial health of Indian steel producers struggling with cheap Chinese imports and falling domestic prices despite robust demand driven by rapid economic growth and rising infrastructure spending in the world's fastest growing major economy.

Subscribe to enjoy similar stories. China is the handmaiden to the globe’s energy transition—and will continue to be so once an anti-transition president occupies the White House again next month. As if to advertise that, Beijing announced that, in response to US export controls on advanced chips, it was banning exports to the US of several critical minerals and tightening restrictions on sales of another, graphite.

Subscribe to enjoy similar stories. The 19 amendments to banking laws that were passed by the Lok Sabha on Tuesday remove various niggles in extant provisions, straighten out some others and make life easier for bank customers, especially a tweak that allows four nominees per account. Under the present system of a single nominee, couples tend to nominate each other; should they both pass away together, say, in a road accident, their heirs would have a tough time accessing their inheritance.

China's latest efforts to kickstart growth haven't had a broad impact yet, data and company earnings show, indicating the world's second-largest economy won't be roaring back soon.

Swiss billionaire is commissioning the construction of the world's longest gigayacht which is named as Ulyssia and which will surpass the Titanic in size at an impressive 1,050 feet, reported The US Sun. According to The US Sun, this luxury vessel is designed to accommodate 133 apartments which will be including 10 penthouses and 22 guest suites with living spaces ranging from 1,184 to over 10,258 square feet. At the same time, each apartment will be featuring some high-end amenities akin to a five-star hotel while including open-plan kitchens and large windows for stunning views. Also Read: China's new invention in space arena: Here's what the country plans to do to colonize the moon

According to Express US, Ding Lieyun who is the project leader actually explained that the double-layered dome design allows for partitioned living and working spaces and these habitats could be built using robots and 3D printing technology. Also Read: Yellowstone Season 5: All we know about Episode 13 release date, time, upcoming episode schedule and where to watch