China’s AI industry is advancing at an unprecedented pace as the government, private sector, and research institutions align under a single goal, achieving technological self-reliance and global competitiveness. The country’s AI strategy, updated for 2025, places innovation at the heart of economic modernization,
China has announced a temporary suspension of port fees on ships linked to the United States, a move seen as a gesture aimed at easing trade tensions and fostering greater maritime cooperation between the world’s two largest economies. The one-year suspension, which takes
Japan has lodged a formal protest against China after remarks made by a Chinese diplomat that Tokyo described as “extremely inappropriate.” The controversy centres on the Sanae Takaichi government, which suggested that if Beijing launched a military attack on Taiwan, such a scenario
Luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE has reiterated its long-term commitment to China, signaling continued confidence in the country’s vast consumer market despite a slowdown in global luxury spending. Speaking at the China International Import Expo (CIIE) in Shanghai on Wednesday,
China has achieved a significant technological breakthrough in nuclear energy with the successful operation of a thorium-based molten salt reactor, a next-generation nuclear system that promises greater efficiency and safety. The Shanghai Institute of Applied Physics announced on November 2 that it had
China’s exports unexpectedly fell in October, marking the first contraction since February and highlighting renewed challenges for the world’s second-largest economy as global demand softens. The slowdown raises concerns about the durability of China’s trade recovery, which had shown signs of stabilization earlier
The potential for economic collaboration between Israel and China remains largely untapped, according to Ravit Baer, Israel’s Consul General in Shanghai. Speaking on Thursday at the China International Import Expo (CIIE), Baer expressed optimism about the growing opportunities for trade and innovation between
China’s exports unexpectedly fell in October, marking the first monthly contraction since March and underscoring the uneven nature of the country’s post-pandemic trade recovery. Data released by the General Administration of Customs on November 7 showed that exports, measured in U.S. dollar terms,
A sign of relief is emerging for the global semiconductor industry as the Netherlands’ economy minister announced that chip supplies from Nexperia’s Chinese factories are expected to resume soon. The statement suggests a possible easing of tensions in a dispute that has disrupted
A renewed sense of optimism is emerging in China–Canada business relations as recent high-level meetings between leaders of both nations signal the easing of years of diplomatic strain. Economic cooperation, particularly in energy and agri-food, is showing tangible signs of revival, with trade
