China
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Study Reveals 45% of China's Major Cities Sinking, Putting Millions at Risk of Flooding
A new study published in the journal Science has revealed that nearly half of China's major cities are experiencing "moderate to severe" levels of subsidence, putting millions of people at risk of flooding, especially as sea levels continue to rise due to climate change. A new study published in the journal Science has revealed that nearly half of China's major cities are experiencing "moderate to severe" levels of subsidence, putting millions of people at risk of flooding, especially as sea levels continue to rise due to climate change. -
China Directs Telecom Giants to Replace Foreign Chips by 2027, Impacting U.S. Chipmakers Intel and AMD
China has dealt a fresh blow to U.S. chipmakers Intel and Advanced Micro Devices (AMD) by directing the country's largest telecom carriers to phase out foreign chips from their networks by 2027, according to a report by the Wall Street Journal on Friday. China has dealt a fresh blow to U.S. chipmakers Intel and Advanced Micro Devices (AMD) by directing the country's largest telecom carriers to phase out foreign chips from their networks by 2027, according to a report by the Wall Street Journal on Friday. -
China Faces Economic Pressure as CPI Cools and PPI Deflation Continues
The National Bureau of Statistics (NBS) reported a mere 0.1% increase in consumer prices from the previous year, a notable deceleration from February's 0.7% rise. This subdued inflation underscores the protracted property crisis's impact on consumer and business confidence. The National Bureau of Statistics (NBS) reported a mere 0.1% increase in consumer prices from the previous year, a notable deceleration from February's 0.7% rise. This subdued inflation underscores the protracted property crisis's impact on consumer and business confidence. -
China Slams US Trade Controls, Demands UN Membership for Palestine
China's top diplomat, Foreign Minister Wang Yi, has lashed out at the United States for its "bewildering" trade policy and accused Washington of "devising various tactics to suppress China" during a news conference on the sidelines of a political gathering in Beijing. Wang's comments come as China champions high-tech development in the face of mounting curbs from the US. China's top diplomat, Foreign Minister Wang Yi, has lashed out at the United States for its "bewildering" trade policy and accused Washington of "devising various tactics to suppress China" during a news conference on the sidelines of a political gathering in Beijing. Wang's comments come as China champions high-tech development in the face of mounting curbs from the US. -
China Sets Bold 2024 Goals Amid Global Scrutiny: High Stakes in Tech and Defense, But Where Are the Reforms?
In a pivotal address to the National People's Congress, Premier Li Qiang unveiled China's economic strategy for 2024, spotlighting technology advancements and a significant military budget hike. Despite setting a robust growth target of around 5%, the plan reveals a cautious approach towards the much-anticipated reforms sought by international investors and businesses. In a pivotal address to the National People's Congress, Premier Li Qiang unveiled China's economic strategy for 2024, spotlighting technology advancements and a significant military budget hike. Despite setting a robust growth target of around 5%, the plan reveals a cautious approach towards the much-anticipated reforms sought by international investors and businesses. -
China Cancels Decades-Old Premier Press Tradition
China's Premier Li Qiang will forego the annual press conference that traditionally follows the close of the National People's Congress (NPC) session. China's Premier Li Qiang will forego the annual press conference that traditionally follows the close of the National People's Congress (NPC) session. -
China Sets Stage for Economic Revival with Key Policy Meetings Ahead
As China gears up for its pivotal "Two Sessions" policy meetings, the global markets are on high alert for Beijing's strategy to rejuvenate the nation's faltering economy. Amid escalating economic challenges, including tightened consumer spending and the property sector's instability, the Chinese government has unveiled plans to stimulate investment and consumer spending through large-scale equipment upgrades and promoting the sale of consumer goods. As China gears up for its pivotal "Two Sessions" policy meetings, the global markets are on high alert for Beijing's strategy to rejuvenate the nation's faltering economy. Amid escalating economic challenges, including tightened consumer spending and the property sector's instability, the Chinese government has unveiled plans to stimulate investment and consumer spending through large-scale equipment upgrades and promoting the sale of consumer goods. -
China Intensifies Maritime Pressure on Taiwan with Coast Guard Inspection
The Chinese Coast Guard boarded a Taiwanese tourist boat, the King Xia, as it toured around the main island of Kinmen. The Chinese Coast Guard boarded a Taiwanese tourist boat, the King Xia, as it toured around the main island of Kinmen. -
China's Central Bank Initiates Monetary Easing to Revive Economy
China's central bank, the People's Bank of China (PBOC), announced a reduction in the reserve ratio requirements for banks by 50 basis points, effective February 5. This policy change is expected to release about 1 trillion yuan ($139.8 billion) in long-term capital into the economy. China's central bank, the People's Bank of China (PBOC), announced a reduction in the reserve ratio requirements for banks by 50 basis points, effective February 5. This policy change is expected to release about 1 trillion yuan ($139.8 billion) in long-term capital into the economy. -
Philippines Condemns Chinese Coast Guard's Actions Against Filipino Fishermen
The Philippine government has vehemently criticized the Chinese Coast Guard (CCG) for their recent actions against Filipino fishermen near the contested Scarborough Shoal, escalating tensions in the already volatile South China Sea region. The Philippine government has vehemently criticized the Chinese Coast Guard (CCG) for their recent actions against Filipino fishermen near the contested Scarborough Shoal, escalating tensions in the already volatile South China Sea region.