China's central bank said on Friday it has decided to suspend treasury bond purchases temporarily due to short supply of the bonds, triggering a jump in yields across tenors. The People's Bank of China (PBOC) said in a statement it would resume bond buying depending on supply and demand in the government bond market.
Svolt Energy unveils the Fengxing Short Blade Battery, recharging 10-80 percent in 8.5 minutes with 6C tech and 185 Wh/kg energy density.
As China experiences a rise in respiratory infections this winter, one little-known virus has gotten a lot of attention – and some people may worry whether the rise in cases could be felt more broadly around the world.
China's bond yields have plunged to all-time lows in recent weeks, drawing parallels to Japan's "lost decades," a long period of economic stagnation.
It was almost a year before a handful of Chinese AI chatbots received government approval for public release. Some questioned whether China’s stance on censorship might hobble the country’s AI ambitions.
An “elimination round” is likely to cull weaker players in a market dominated by EVs and plug-in hybrids. Among the early losers are foreign brands.
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.
China's top economic planning body has said the schemes, which were launched in March, have already produced "visible effects". According to the country's Ministry of Commerce, the policies have boosted sales of big items items such as home appliances and cars.
China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump takes office.
China emitted 13 billion metric tons of climate-warming greenhouse gases in 2021, up 4.3% from a year earlier, it said in its latest official submission to the United Nations, published by state media on Friday.