Browsing: Chinas

For decades, China’s spectacular economic growth was powered by land finance, a fiscal model whereby local governments relied on selling land-use rights and land-backed borrowing as a major source of revenue. To fund development, localities created special-purpose entities, called local government financing vehicles (LGFVs), to borrow off-the-books from banks and bond markets for infrastructure financing…

CHINA / SOCIETY China’s cybersecurity police crack down on 10 online rumor cases related to mudslide hitting Xizang region

In January 2025, ChineseAI company DeepSeek caused the biggest single-day destruction of corporate value in Wall Street history. Its low-cost model prompted investors to question whether the AI boom really required so many expensive chips, wiping $593bn (£441bn) from Nvidia’s market value.

In 2024, the global economic landscape is undergoing profound adjustments, and the pattern of the global industrial chain is also changing drastically. Under the continuous influence of environmental changes, China’s venture capital sector and even the entire financial market are in a lengthy adjustment period.

China’s embodied intelligence is endeavoring to develop itself from lab concepts to genuine driver of productivity that can enter production lines and create real value.

The robotics firm behind China’s famously backflipping humanoids leapt to a remarkable stock market debut on Wednesday, with Unitree’s shares closing up 460% as investors rally behind homegrown beneficiaries of the A.I. boom

E-commerce platforms have become a new class of intermediaries, displacing traditional wholesalers and distributors while gaining greater influence over merchants through algorithm-driven systems, Zhong, founder of beverage giant Nongfu Spring, said earlier this month on state broadcaster CCTV’s Dialogue program.