China developer Vanke sees pressure on profit amid market downturn
HONG KONG Chinese state-backed property developer China Vanke said its profit would be under pressure in the short
2023-08-31 19:27
Inside the downfall of embattled property developer China Evergrande
(changes digital headline only) By Engen Tham, Julie Zhu, Clare Jim SHANGHAI/HONG KONG -In the beginning, Hui Ka Yan followed
2023-08-31 19:20
Why the UK is talking to China
Foreign Secretary James Cleverly has been criticised for visiting China. This is why he went.
2023-08-31 17:49
Exclusive-Chinese exporters using currency swaps to retain dollars as yuan sags
SHANGHAI/SINGAPORE Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan
2023-08-31 17:18
China is still suffering from declining factory output. Demand for services is also slowing
Factory activity in China contracted for a fifth straight month in August, adding pressure on Beijing to roll out more stimulus measures to bolster the faltering economy.
2023-08-31 15:59
Baidu and SenseTime launch ChatGPT-style AI bots to the public
Chinese tech firms Baidu and SenseTime launched their ChatGPT-style AI bots to the public on Thursday, marking a new milestone in the global AI race.
2023-08-31 13:48
Country Garden: Debt crisis-hit China property giant in record loss
Country Garden reported a record $6.7bn loss for the first six months of the year.
2023-08-31 11:29
Country Garden faces key test as onshore bondholders set to vote on extension
HONG KONG Embattled Chinese property developer Country Garden faces a critical test of investor confidence on Thursday, with
2023-08-31 10:27
China's factory activity shrinks for 5th month, maintains pressure for policy support
BEIJING (Reuters) -China's manufacturing activity contracted for a fifth straight month in August, but at a slower than expected pace,
2023-08-31 09:50
China's Baichuan, Zhipu AI launch AI models after receiving approval
SHANGHAI Chinese artificial intelligence (AI) firms Baichuan Intelligent Technology and Zhipu AI on Thursday opened their AI large
2023-08-31 09:46
Is China's economy 'a ticking time bomb'?
The world's second largest economy faces deep-rooted challenges in the years ahead.
2023-08-31 05:47
Putin to visit China for first time since ICC’s international arrest warrant was issued
Vladimir Putin will leave Russia and travel the farthest distance from his home country for the first time since an arrest warrant was issued against him by the International Criminal Court (ICC), according to a report. Mr Putin has reportedly accepted an invitation by Xi Jinping to visit China and the Kremlin is gearing up for his attendance at the Belt and Road Forum in October, three people familiar with the matter told Bloomberg. News of the visit comes after Mr Putin declined an invitation by India to attend G20 summit next week. The Kremlin said the Russian leader has a “busy schedule” while his main focus at the moment is Russia’s invasion of Ukraine. Russia will be instead be represented by its foreign minister Sergey Lavrov. Moscow is an ally to Delhi and Beijing, both of whom are regional rivals and share strained diplomatic ties with each other. Both countries are not signatories to the ICC either. The Russian leader has, ever since the warrant was issued, travelled only to Russian-occupied areas in Ukraine. Before the warrant, he had visited Iran last year. On Tuesday, the Kremlin said a schedule for bilateral Russian-Chinese contacts was being worked out, when asked about the reported visit. “The schedule of bilateral Russian-Chinese contacts at various levels, including at the highest level, is being coordinated,” Kremlin spokesman Dmitry Peskov said. “We will inform you about specific events and deadlines in a timely manner.” Mr Putin and Mr Xi have declared a “no limits” partnership between their countries. China has refused to condemn Russia’s actions in Ukraine directly while emphasing the importance of upholding Kyiv’s territorial integrity. In March, an arrest warrant was issued against Mr Putin and Russia’s commissioner for children’s rights, Maria Alekseyevna Lvova-Belova, for alleged war crimes committed by deporting Ukrainian children into Russia during the conflict. Human rights groups have estimated that more than 19,000 children were deported and placed with Russian families. Russian officials have claimed the children were taken in as a war-time humanitarian gesture. The Kremlin has rejected the war crime accusations. The Russian leader had earlier avoided going to South Africa, which is an ICC signatory, to attend the Brics summit last week. Turkish president Tayyip Erdogan also invited Mr Putin to visit Ankara for talks on a Black Sea grain deal, but he is now said to be considering traveling to Moscow himself. Turkey is not an ICC signatory. The flurry of announcements about the diplomatic visits come as British foreign minister James Cleverly visited China in the first such visit by a UK diplomat in five years. Mr Cleverly said he will urge China to fulfil its international commitments and show responsibility on the world stage on the Ukraine invasion. On Mr Putin’s purpoted visit to Beijing, he said, “Russia’s brutal invasion of Ukraine cannot be justified by Moscow or indeed anywhere else”. Read More India protests China's land claim ahead of the G20 summit President Xi Jinping is expected to attend Russia earns less from oil and spends more on war. So far, sanctions are working like a slow poison Vladimir Putin ‘too busy’ to face world leaders at G20 The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary
2023-08-30 20:55