China Evergrande New Energy Vehicle Group's stock price doubled when trading restarted on Monday, May 27.
Tags: China
North Korea's Rare Critique of China Signals Discord Over Nuclear Weapons
North Korea's criticism of China's involvement in discussions on the Korean Peninsula's denuclearization highlights a divergence in views between the two countries.
US-China Tech Rivalry Intensifies: Chinese Expert Predicts Rapid Catch-Up in Supercomputing
A Chinese expert predicts that despite current technological disparities and US efforts to curb its progress, China will soon catch up to American chipmakers in the race to build the world's most powerful computers.
Russian Firms Turn to Cryptocurrency for Cross-Border Transactions with China Amid Sanctions
Russian firms increasingly use cryptocurrencies, such as Tether's USDT stablecoin, for cross-border transactions with Chinese partners to circumvent financial difficulties stemming from international sanctions.
China Creates $47.5 Billion Chip Fund Amid Semiconductor Battle With Joe Biden
China has launched its largest semiconductor investment fund to date to boost its domestic chip industry.
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South Korean President Yoon Suk-Yeol, Japanese Prime Minister Fumio Kishida, and Chinese Premier Li Qiang are to hold a trilateral summit in Seoul which would focus on resuming talks on a free trade agreement, among other matters.
French Finance Minister Bruno Le Maire told Bloomberg that the G7 has an issue with China’s economic model, where the country produces more and more cheaper industrial devices, which he claimed could pose a threat to the global market.
Chinese Premier Li Qiang welcomed Samsung's investment in China before a historic summit involving South Korea and Japan.
ASML and TSMC, leading chipmakers, have installed a "kill switch" feature to remotely disable advanced chipmaking machines in the event of a Chinese invasion of Taiwan.
Self-exiled Chinese billionaire Miles Guo Wengui faced court over his fraud charges, with prosecutors alleging him of financing his luxurious lifestyle.
China has recently cracked down on "bad behavior" content, suspending super-wealthy social media influencers to discourage extravagance and materialism.
The Singapore Food Agency (SFA) recalled two walnut products from China over prohibited sweetener content, urging caution while conducting proactive testing.
Hong Kong-listed shares of Alibaba dropped more than 5% on Thursday after news broke that the Chinese e-commerce giant was considering issuing convertible notes to get $5 billion.
JPMorgan Asia Pacific CEO Sjoerd Leenart says China has a major role in driving the global economy, asserting that doing business in China is important.
