CHINA News  

April 22, 2025
Trade War Hits UK's Mineral Imports
The impact of trade restrictions has seen a sharp decline in export of essential minerals from China, leaving the British technology industry in a precarious position.
April 22, 2025
Robotics Giant Unitree's Exciting Expansion
Unitree, a trailblazer in the field of robotics, has proudly inaugurated a massive 10,000-square-metre production facility this year. Conveniently situated a mere 15 minutes from its main headquarters, this marks a significant milestone in the company's growth amidst the booming humanoid robotics industry.
April 22, 2025
UK Enthusiasts Eye Chinese Business Boom
China has witnessed a noteworthy surge in its private sector, with almost 2 million firms cropping up in the initial quarter of the year. The country's leading market regulator reveals that a significant 40% of these new business registrations were concentrated in emerging sectors and advanced technologies. This trend comes amidst increasing calls for support.
April 21, 2025
Yuan Gains Momentum Amid US Market Unrest
The Chinese yuan is enjoying a surge in payment popularity as the US Treasury market experiences unprecedented fluctuations. Experts believe that Washington's strategies could pave the way for a more internationally recognised yuan, subtly challenging but not entirely eradicating the global supremacy of the US dollar in trade.
April 21, 2025
UK's Interest in China's Robot Revolution
Six Chinese humanoid robot manufacturers, including prominent names such as Unitree and AgiBot, are gearing up to mass-produce over 1,000 units by 2025. This surge in production is set to skyrocket China's domestic market value to a whopping US$616 million within the year.
April 21, 2025
UK Interest in Sino-US Economic Clash
Academics from China are confronting an adviser of President Trump who supports a tariff war as the opening act to a financial overhaul. The viewpoint of Chairman Stephen Miran of the Council of Economic Advisers has been compared to 'demanding protection money on the streets'.
April 21, 2025
AI Integration Boosted by Chinese Tech
Tech behemoths in China are in a fierce competition to enlarge the AI services market, employing the increasingly adopted model context protocol. This protocol has emerged as an unspoken standard for integrating AI.
April 21, 2025
Food Delivery Giants Clash
In an open letter, JD.com pointed fingers at a 'competing platform' for barring delivery drivers from working across various platforms. This same accusation led to Meituan being penalized in 2021.
April 21, 2025
Food Delivery Giants Clash in UK
JD.com, in a public statement, has pointed fingers at a 'competitor platform' accused of stopping delivery riders from working across multiple platforms, an offence for which Meituan faced penalties in 2021.
April 21, 2025
End of US Soybean Era in China?
The era of China's dependency on American soybeans might be drawing to a close as projected by the agriculture ministry's decade-long foresight report emphasizing self-sufficiency. This evolution could potentially impact US farmers.
April 21, 2025
Moody's Unleashes AI Power in Finance
According to Moody's, injecting capital into GenAI can unlock the 'co-working' capability in the financial sector. Moody's has successfully created 35 AI-powered agents, each with unique instructions, personalities, and access to a wealth of data and research for diverse tasks.
April 20, 2025
China's Hidden Arsenal in Trade Battles
Inspired by Russia's strategy, China could potentially compel 'unfriendly' nations such as the US to trade using their own currency, the renminbi, as a secret weapon in the ongoing trade wars.