Keywords: China
Global central banks are expected to significantly expand their gold purchases throughout 2026, reinforcing a long-term shift in reserve management strategies. A new outlook from Goldman Sachs projects average monthly acquisitions of around 60 tons, even as gold prices have recently retreated from record......
Xiaomi president Lu Weibing warned Friday that premium smartphones in China could surpass 10,000 yuan, or roughly $1,400 to $1,500, by the second half of 2026 as memory chip shortages continue driving manufacturing costs sharply higher across the industry. The warning came during a livestream event......
China’s economy lost significant momentum in April as consumer spending nearly stalled and major industrial indicators missed expectations, reinforcing concerns over weakening domestic demand and rising economic pressure. Official data released Monday showed retail sales rose just 0.2% year on......
China is preparing to launch a new crewed space mission in the coming days, marking another step in its expanding space exploration program. According to the China Manned Space Agency, the Shenzhou-23 spacecraft, carried by a Long March 2F rocket, has been moved to the launch tower at the Jiuquan Satellite......
Dongfeng has opened a new showroom in Casablanca as part of its strategy to strengthen its position in the Moroccan automotive market. The facility is located on Boulevard Moulay Slimane and represents a step in the company’s effort to expand its commercial footprint in North Africa. The move comes......
Global equity markets fell on Friday as a sharp rise in oil prices and higher bond yields reignited concerns that central banks may be forced to tighten monetary policy again. Investors reversed recent optimism over potential interest rate cuts, shifting toward expectations of prolonged monetary pressure......
Chinese investors seeking to bet against the country’s hottest artificial intelligence stocks are facing a severe shortage of shares available for borrowing. The problem centers on MiniMax and Knowledge Atlas Technology, two generative AI firms that debuted on the Hong Kong Stock Exchange in January......
A team of scientists in China has developed a programmable quantum computing prototype that manipulates thousands of photons at once, marking a major milestone in optical quantum information processing. The system, called Jiuzhang 4.0, was created by researchers at the University of Science and Technology......
Senior American and Chinese officials are discussing the creation of a new bilateral Trade Council and a separate Investment Council as President Donald Trump opened high-level talks with Chinese President Xi Jinping in Beijing. The proposals, confirmed Thursday by Treasury Secretary Scott Bessent, signal......
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