China Financial News

Subscribe to enjoy similar stories. The deal President Donald Trump and Ukrainian President Volodymyr Zelensky are expected to sign Friday hinges on a bullish view of Ukraine’s critical mineral wealth. Both parties have reason to project optimism.

Subscribe to enjoy similar stories. President Trump’s tariffs on top U.S. trading partners are set to take effect in coming days.

Subscribe to enjoy similar stories. It sells ice cream and sugary drinks for under $1. Its mascot looks like the love child of Frosty the Snowman and the Michelin Man.

Subscribe to enjoy similar stories. “The golden age of America begins right now." So declared Donald Trump on January 20th in his inaugural address. In the six weeks since that chilly day, investors and economists have started to grapple with a less upbeat possibility: that his arrival in the White House is both causing and coinciding with a period of weakness for America’s economy.

Subscribe to enjoy similar stories. The Nifty 50, India's benchmark index, declined by 420 points after US President Donald Trump announced an additional 10% tariff on China and a 25% duty on Canada and Mexico, triggering global trade war concerns among investors. After trading within a narrow range of 22,500–22,800 during a holiday-shortened week, the index fell sharply on Friday, closing around 22,125.

perinatal care hospital chain reported good performance in the December 2024 quarter with 18% and 11% year-on-year growth in revenue and PAT respectively. The numbers surpassed Reuters-Refinitiv estimates by 3% and 6% respectively. While revenue growth was supported by increased patient volumes and average revenue per patient (ARPP), a significant jump in other income aided the bottom line. Operational efficiencies aided EBITDA,which grew by 14% year-on-year while the overall occupancy also improved. However, average revenue per occupied bed (ARPOB) declined amid an increase in average length of stay (ALOS) and new bed additions. The company operates 19 hospitals (and five outpatient clinics) across six cities. It has a bed capacity of 1,935 with over 835 doctors. It is benefitting from the growing paediatric healthcare market. Also, India’s low spending on childcare products and services, high birth rate compared to China and the United States, increasing maternity age, increased focus on preventive healthcare, and expansion of medical tourism are some of the tailwinds. Rainbow is distinctive from its peers as it offers the highest number of beds in paediatric intensive care units and neonatal intensive care units. It operates on a hub-and-spoke model (the central hospital delivers comprehensive outpatient and inpatient care whereas the satellite facilities provide emergency care) that helps in lowering costs.

Subscribe to enjoy similar stories. On 25 February, the Avishkar Hyperloop student team from IIT-Madras and the railway ministry along with ArcelorMittal, Hindalco and Larsen & Toubro unveiled the Hyperloop test track. Once commissioned, it could cut Delhi-Jaipur travel (250km) to 30 minutes compared with 1 hour by air and 4–5 hours by road.

Subscribe to enjoy similar stories. Luxury watchmakers are keeping a close eye on India as demand for premium timepieces rises, with several global watch company heads doing the rounds of the country in the past year or so. From Panerai to Rado to Hublot, India is becoming the new playground for luxury brands, driven by a rising class of affluent consumers.

In this article

NBC News, new satellite imagery from China’s Dalian shipbuilding facility suggests that the country is developing a massive nuclear-powered aircraft carrier that could rival the United States’ largest vessels. Analysts, after reviewing images provided by Maxar Technologies, noted that this new ship will feature a design unlike any currently in China’s fleet, potentially signalling a major shift in the balance of naval power. A leap in carrier technology

Subscribe to enjoy similar stories. TAIPEI—In an era of brutal great-power politics, how do lesser powers get by? For this embattled Pacific island, a lifeline comes from landlocked Slavs half a world away. Taiwan and the Czech Republic, living in the shadow of China and Russia, have found common cause when small powers worry about being trampled by bigger rivals.

Niti Aayog CEO Amitabh Kant has said that Indians must work hard to reach the ambitious goal of making India a USD 30 trillion economy by 2047. Speaking on the ongoing debate about work hours, he pointed out that countries like Japan, South Korea, and China achieved economic success through a strong work ethic. He suggested that India must adopt a similar mindset to build a world-class economy. “I strongly believe in hard work. Indians must work hard, whether it’s 80 hours or 90 hours a week. If your ambition is to move from a USD 4 trillion to a USD 30 trillion economy, you can’t do it through entertainment or by following the views of some film stars,” Kant said at Business Standard’s Manthan summit. Currently, India’s economy stands at around USD 4 trillion. Kant also said that India must focus on delivering projects ahead of time, maintaining world-class standards, and avoiding time and cost overruns.

Nifty 50 extending its longest monthly losing streak since 1996 amid growing concerns over domestic market conditions. The benchmark BSE Sensex lost 1414.33 points or 1.90% to close at 73,198.10, while the broader Nifty 50 index closed at 22,124.70, lower by 420.35 points or 1.86%.

Subscribe to enjoy similar stories. SOON AFTER he took power in 2012, Xi Jinping urged caution about China’s prospects. “The further our cause advances," he told fellow leaders, “the more new situations and problems will arise, the more risks and challenges we will face and the more unforeseen events we will encounter." As China’s economy flounders and social tensions increase—and with Donald Trump about to enter the White House—the coming year will be full of the kind of difficulties Mr Xi feared.

Delhi and Udaipur. This being part of the ‘Golden Triangle’, the plane usually had a fair number of tourists, many from France. Seated somewhere near on the plane, I would hear them catalog the ways in which “this could be such a great place if only…”. In French, of course, oblivious to the possibility that anyone around would understand. While I seethed, my nationalist instincts primed. I wanted to ask them how much they paid for their room in a haveli near the lake, and three square meals among the bougainvilleas? Where else could they buy so much beauty so cheap? All that came back to me with the recent stories in the Economist and Le Monde on why India does so badly on tourism: India gets about 10 million foreign tourists a year, while France, a tenth in area and less than a twentieth in population, gets 100 million. France has the Mona Lisa, but we have the Taj Mahal. France is easy for European tourists but we are next to China, the biggest spender in the world on international tourism.

Subscribe to enjoy similar stories. Four years ago, Xiaomi was a successful smartphone business and its car business consisted of nothing more than a plan approved by the board and a vow by billionaire founder Lei Jun to make it work. This year, the company’s assembly lines are set to turn out 300,000 vehicles, and it has already shipped more than 135,000 in less than a year on the market.

Subscribe to enjoy similar stories. BEIJING—President Trump wants to slap an additional 10% tariff on imports from China over its role in the fentanyl trade, arguing that Beijing could help fix America’s drug crisis if only it stopped dragging its feet. If cutting off the production and export of chemicals used to make fentanyl could get Beijing in Trump’s good books and prevent a new trade war, then why wouldn’t China do it? The answer cuts to the heart of why the war against fentanyl has been so intractable, owing to a lack of trust between the U.S.

Taiwan's Ministry of National Defence (MND) has detected 11 Chinese aircraft, 6 naval vessels and 3 official ships operating around the island as of 6 am (UTC+8) on Sunday. Among them, five aircraft crossed the median line and entered Taiwan's central, southwestern and southeastern Air Defense Identification Zone (ADIZ). Sharing a post on X, MND wrote, «11 PLA aircraft, 6 PLAN vessels and 3 official ships operating around Taiwan were detected up until 6 a.m. (UTC+8) today. 5 sorties crossed the median line and entered Taiwan's central, southwestern and southeastern ADIZ. We have monitored the situation and responded accordingly.»

AI startup DeepSeek on Saturday disclosed some cost and revenue data related to its hit V3 and R1 models, claiming a theoretical cost-profit ratio of up to 545% per day, though it cautioned that actual revenue would be significantly lower. This marks the first time the Hangzhou-based company has revealed any information about its profit margins from less computationally intensive «inference» tasks, the stage after training that involves trained AI models making predictions or performing tasks, such as through chatbots. The revelation could further rattle AI stocks outside China that plunged in January after web and app chatbots powered by its R1 and V3 models surged in popularity worldwide.

Subscribe to enjoy similar stories. FOR TWO years the war in Ukraine has been fought metre by blood-soaked metre. Suddenly, dramatic change is at hand.

The federal government says the owner of a North Carolina company has pleaded guilty to trying to sell electronic devices that have military applications to China without a required exporting license