Major strikes in US indicate big setback for ‘Bidenomics’
While the Biden administration is trying to bring manufacturing prosperity back to the US, the irony is that the country is in a storm of de-industrialization, as a convergence of…
Syrian president’s visit to boost infrastructure cooperation, yuan settlement: experts
Syrian President Bashar al-Assad is making a visit to China accompanied by a political and economic delegation. Experts believe that this visit will further strengthen bilateral economic and trade ties…
Govt sees need to invest USD 46 billion in energy sector within 12 years
Ramesh Lamsal Kathmandu, Sept 22: The Government of Nepal has prepared ambitious and comprehensive action-plans including investing USD 46 billion for the overall development of country's energy sector by 2035.…
Washington eyes tighter chip ban on China in ‘self-destructive’ move
Chinese telecom giant Huawei Technologies' debut of the latest advanced smartphone series Mate 60 pro continues to generate shockwaves in the US, where radical US lawmakers are pushing to step…
Why can’t EU offer China’s EV companies fair treatment?
An anti-subsidy probe by the EU has raised the biggest ever uncertainties regarding EU-China electric vehicle (EV) industry cooperation. What will happen to healthy competition and industrial cooperation if the…
China cuts US Treasury holdings in July to 14-year low amid growing uncertainty of US economy
China, the second-largest holder of US Treasury bonds, cut its holdings for a fourth consecutive month in July to $821.8 billion, a 14-year low, data from the US Treasury Department…
China offers more tax benefits for high-tech innovation by semiconductor, mother-machine makers
A new tax policy announced by four Chinese government ministries aims to support research and development and innovation by semiconductor and industrial mother-machine enterprises. The policy will encourage high-quality development,…
China, South Korea see sharp decline in imports of Japanese seafood
Imports of Japanese aquatic products by China and South Korea plunged in August as a result of Japan's dumping of nuclear-contaminated wastewater, according to customs data. The decline will intensify…
Chinese new energy vehicle technology rapidly integrating into ASEAN
Electric vehicles have become an important area of cooperation between China and ASEAN under the framework of the Belt and Road Initiative (BRI). At the ASEAN Summit held in Jakarta,…
Fresh Cambodian coconuts, Venezuelan avocados approved to enter China
Chinese customs authorized imports of fresh coconuts from Cambodia and fresh avocados from Venezuela starting on Monday, according to a notice by China's General Administration of Customs (GAC). The moves…