Day: May 19, 2025

China attracted a significant net capital inflow into its bond and equities markets in April despite US President Donald Trump’s tariff war and can expect more foreign investment in Chinese assets, analysts said. Advertisement This stands in contrast to market concerns over soaring Treasury yields and the wave of panic selling that followed Moody’s downgrade of the US sovereign credit rating last Friday. The contrasting signals from Washington and Beijing highlight changing global investment dynamics, as more investors continue to move away from US dollar assets since Trump launched his…

Chinese defence firms showcased AI’s potential to improve combat decisions at an annual military expo in the capital last week, giving a glimpse of what could be available to the armed forces. Advertisement Vendors at the China (Beijing) Military Intelligent Technology Expo also showed how artificial intelligence could be applied to daily training, intelligence gathering, and even physical training for soldiers. Among them was Beijing-based start-up EverReach AI, which presented an AI-assisted military training model with a flight map of an area near the Taiwan Strait as a “product case”.…

Advertisement Trading under the stock code 3750, CATL shares first changed hands on Tuesday at HK$296, or 12.5 per cent above the offer price of HK$263, in a stock offering that raised HK$35.7 billion (US$4.6 billion). The stock surged to HK$307.60 at the local noon trading break. In Shenzhen, CATL’s shares advanced 1.5 per cent to 263.96 yuan (HK$285.98). The company has a market capitalisation of US$339.3 billion based on current stock prices. The gain suggests strong but unfulfilled demand for the shares of the world’s largest maker of batteries…

China’s growth prospects face three major long-term threats – debt, decoupling and demographic challenges – and many observers are curious about how Beijing will respond to these issues. Advertisement After years of trial and adjustment, policymakers have settled on three key strategic directions – a decision that has been reinforced by US President Donald Trump’s tariff war and technology restrictions against China. First, China will not repeat its old playbook of unleashing massive stimulus and shoring up the property market. While some economists had forecast Beijing to boost fiscal spending…

Brazil’s first lady on Monday defended remarks she made about short-video app TikTok during a state dinner with Chinese President Xi Jinping in a move that departed from diplomatic convention and sparked furore in the South American country. Advertisement Acknowledging that she broke protocol during President Luiz Inácio Lula da Silva’s visit to Beijing last week, Rosangela “Janja” da Silva said she “will not be silenced” when the safety of children is at stake. The remarks she uttered in Beijing prompted an official response from TikTok, owned by Chinese tech…