China Financial News
11.08 / 02:15
UPS
Provident
Lowe's
Target
love
show
copper
Gold sees little love after CPI reading, copper hit by China fears
Investing.com-- Gold prices steadied at one-month lows on Friday as recent data provided somewhat mixed cues on U.S. inflation, while copper prices were nursing steep losses for the week amid growing concerns over top importer China.
11.08 / 02:11
Waters
Racing
Bloomer
show
electronic
rock
Moon
A rocket with a lunar landing craft blasts off on Russia's first moon mission in nearly 50 years
lunar landing craft blasted off Friday on Russia's first moon mission in nearly 50 years, racing to land on Earth's satellite ahead of an Indian spacecraft. The launch from Russia's Vostochny spaceport in the Far East of the Luna-25 craft to the moon is Russia's first since 1976 when it was part of the Soviet Union. The Russian lunar lander is expected to reach the moon on Aug.
11.08 / 01:01
Adoption
white house
Military
generative AI
Pentagon forms ‘Task Force Lima’ to map generative AI for US defense
The United States Pentagon has launched a new task force to look into how generative artificial intelligence can be used for the nation’s defense.
10.08 / 21:01
10.08 / 19:21
10.08 / 19:13
COST
Manufacturing
show
country
social
Data recap: High dividends, laptop curbs, CSR spends
₹4 trillion in the last fiscal year, registering a 28% rise. From 1 November, India will restrict the import of laptops and computers in a bid to boost domestic manufacturing. Meanwhile, Indian companies' spending on corporate social responsibility (CSR) remained flat in 2021-22.
10.08 / 19:13
UPS
Lowe's
Enterprise
‘China dumping fibre ahead of upcoming quality control order’
textile industry is concerned that Chinese exporters are dumping cheap fibre and polyester in India ahead of the implementation of a quality control order (QCO) on a range of textile input materials, Brij Mohan Sharma, joint managing director, Rajasthan Spinning & Weaving Mills said. While bigger players have welcomed the QCO, micro, small and medium enterprises that lack a resilient supply chain are heavily dependent on imported raw material and are facing the double whammy of slowing exports and a raft of standards imposed on the industry. “Cheap quality imports from China are being dumped into India.
10.08 / 19:13
Aware
Manufacturing
Strategy
Pool
cover
electronic
India may ink mobility, migration agreementwith Taiwan
NEW DELHI: : India and Taiwan are working on a migration and mobility agreement for greater collaboration and movement of skilled professionals between their technology industries, a person aware of the matter said. An agreement may also cover sectors like agriculture and manufacturing. Taiwan’s skills in semiconductor manufacturing and advanced technologies could fit well with India’s large pool of technology talent.
10.08 / 17:39
10.08 / 17:09
business
Blockchain
Cybersecurity
Cybercrime
Chinese police to crackdown on crypto and deepfake AI
After a surge in personal identity thefts and digital financial crimes, Chinese police are taking closer scrutiny at the Web3 sector.
10.08 / 16:39
COST
BLOCK
Manufacturing
show
country
Indian
China slips into deflation. How will this affect Indian economy?
Covid-19 pandemic induced lockdown. According to reports, the official consumer price index, a measure of inflation, fell by 0.3% last month from a year earlier. On Tuesday, official figures showed that China's exports fell by 14.5% in July compared with a year earlier, while imports dropped 12.4%.
10.08 / 16:37
FIVE
Progressive
Manufacturing
Action
Mobile
Fallout
electronic
Import licensing for e-devices wields neither carrot nor stick
₹41,000 crore was earmarked for the sector over five years. At least 32 applicants were approved and local manufacturing continued its upward trajectory. A revised version of the programme is aimed at reprising that for computers.
10.08 / 16:28
10.08 / 15:43
UPS
Reuters
Ant
Ant group quarterly profit rises nearly 18% on year to 13 billion yuan
China's Ant Group made net profit of 13.37 billion yuan ($1.85 billion) in the three months to March 31, up 17.5% from a year earlier, according to Reuters calculations from Alibaba Group Holding's earnings report released Thursday. The e-commerce giant reports profit from Ant one quarter in arrears.
10.08 / 15:43
FIVE
BLOCK
Citizens
country
A global law firm separates from its Chinese partner, citing cybersecurity and data rules
The decision by Dentons follows warnings by business groups that global companies are postponing or shifting investment away from China due to concern about an expanded anti-espionage law, tighter controls on business, a data security crackdown and raids on foreign consulting firms. Dentons said it was separating from Beijing Dacheng Law Offices due to changes in cybersecurity and data protection but gave no details. Dentons said in a statement Dacheng will be a «separate, standalone firm» that is its «preferred law firm» for clients with needs in China.
10.08 / 15:43
Provident
Target
MET
Extreme
Action
country
Developed nations overconsuming carbon budget; very little left for countries like India: Govt
carbon budget, leaving countries like India with very little carbon space for the future, the government said on Thursday. Responding to a question by BJP MP CM Ramesh, Minister of State for Environment Ashwini Kumar Choubey told the Rajya Sabha that India is doing far more than its fair share to combat climate change.
10.08 / 15:37
Provident
Citizens
Aviat
Action
Dreams
performer
We should take a holistic look at transportation safety
Vande Bharat Express trains symbolize the fulfilment of growing aspirations, whereas expressways being constructed by the government are transforming road connectivity. We now have the world’s second biggest road network, having overtaken China’s (as with population) but not America’s. As for aviation, India’s “Hawaai chappal mein hawaai yatra" (air travel in modest slippers) slogan was coined to capture and fulfil the dream of modestly-earning citizens to travel by air, like their better-off counterparts.
10.08 / 14:35
Technology
regulation
U.S.
US and China AI-tech standoff shows signs of spreading to other countries
The emergence of high-level artificial intelligence (AI) technology has caused the United States and China to safeguard their resources in a race to develop the most powerful systems.
10.08 / 14:05
Provident
Strategy
SPY
cover
To Battle New Threats, Spy Agencies to Share More Intelligence With Pvt Sector
Covid-19 pandemic and Russia’s invasion of Ukraine. “There’s so much that’s changed in the threat landscape, and in the world that we’re operating in today," Director of National Intelligence Avril Haines said in an interview. She sketched out a broader, more institutionalized information exchange on a wider array of topics with the private sector, ranging from academia to local governments.
10.08 / 14:05
Cooper
Manufacturing
Racing
SpaceX
Pride
stage
country
Russia Aims to Restore Prestige in Race to Moon’s South Pole
NASA, the National Aeronautics and Space Administration, plans a human spaceflight around the moon in late 2024 on a mission that would take people deep into space for the first time in decades and set the stage for a landing the agency would like to conduct with the American spacecraft manufacturer SpaceX in 2025. The stakes of the Luna-25 mission are especially high for Russia and President Vladimir Putin. The sanctions imposed since the war in Ukraine halted much of its collaboration with the U.S.
10.08 / 14:05
Citizens
VISA
Airlines
country
boost
China Lifts Ban on Group Tours to U.S. and Other Countries, in Boost to Global Travel Industry
HONG KONG—China lifted restrictions on group tours to the U.S., Australia, South Korea and Japan on Thursday, a move that is set to boost global tourism after three years of pandemic restrictions. China’s Ministry of Culture and Tourism added almost 80 new destinations to a list of countries approved for group travel on Thursday, with immediate effect. The countries were the third batch of places that group tours led by travel operators can now visit, including some in East Asia that are among the most popular destinations for Chinese holiday makers.
what's happening in China
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