Tag: #china

Beijing Court Orders Liquidation of Zhongzhi Group and 316 Affiliates; Creditors Must File Claims by June 10

Beijing court orders substantive consolidation and liquidation of Zhongzhi Enterprise Group and 316 affiliates; creditors must file claims by June 10.

#china, #bankruptcy, #shadowbanking, #finance

China’s Wang Yi to Visit Pyongyang on April 9–10, Signaling Warming Ties Ahead of Xi–Trump Summit

Chinese foreign minister Wang Yi will visit Pyongyang on April 9–10, a high‑level trip that highlights warming ties just weeks before Xi meets Trump.

#china, #northkorea, #diplomacy, #wangyi

Nike’s sales held steady this winter, but profits fell 35% as tariffs and China weakness squeezed margins

Nike posted flat quarterly revenue but a 35% profit drop, citing higher tariffs, weaker China demand and a shift back toward wholesale sales.

#nike, #earnings, #tariffs, #china, #retail

China Sets Lowest Growth Target in Decades, Plans Record Bond Issuance to Steady Economy

Beijing targets 4.5%–5% GDP growth for 2026 and unveils record bond sales and spending, signaling slower, state-managed expansion.

#china, #gdp, #bonds, #fiscalpolicy, #centralbank

NIO Posts First-Ever Quarterly Profit as China’s EV Price War Intensifies

NIO reports its first quarterly net profit, driven by higher deliveries, richer mix and cost cuts—though full-year losses and a strained balance sheet persist.

#nio, #electricvehicles, #china, #earnings, #stocks

China Sets Modest 2026 Growth Target as Beijing Doubles Down on AI-Driven Industrial Policy

Premier Li set a 4.5%–5% 2026 growth goal while unveiling bigger AI, advanced manufacturing and green-tech bets backed by bonds and state investment.

#china, #ai, #industrialpolicy, #growth, #manufacturing

China sets lowest growth target in more than 30 years, doubles down on deficit spending

Beijing targets 4.5%–5% growth for 2026 while keeping a record 4% deficit and ramping up bond sales to fund tech, welfare and local debt relief.

#china, #gdp, #fiscalpolicy, #nationalspeoplescongress, #bonds

China’s Wang calls 2026 a ‘big year’ for U.S. ties as Iran war looms over Trump-Xi summit

At China’s annual press conference, Wang Yi condemns the Iran strikes while casting Trump’s late-March Beijing visit as a chance to steady ties.

#china, #us-china, #trump, #iran, #diplomacy

Late-Season Winter Storm Hits Northern China and South Korea, Bringing Heavy Wet Snow

A sprawling storm dumps unusually heavy, wet March snow across Hebei and South Korea, threatening travel, power lines and fragile greenhouses.

#weather, #snowstorm, #southkorea, #china, #hebei

New ‘Spiny Dragon’ Fossil Preserves Dinosaur Skin Cells, Redrawing a Familiar Herbivore

A newly named iguanodontian from China preserves skin and hollow spikes in rare detail—down to cell-like structures—challenging views of dinosaur coverings.

#dinosaurs, #paleontology, #fossils, #china, #evolution

China’s clean-energy boom carried 2025 growth as property slump deepened, analysis finds

New research estimates clean energy made up 11.4% of China’s GDP in 2025 and drove 37% of growth, offsetting a sharp real-estate downturn.

#china, #cleanenergy, #electricvehicles, #solarpower, #tradewar

China steps up routine air-sea patrols near Taiwan, narrowing the Strait’s buffers

Taiwan tracks repeated Chinese air-sea patrols in January, with more aircraft crossing the median line and a drone entering airspace near Pratas.

#taiwan, #china, #pla, #taiwanstrait, #security

Six fleeting tracks confirm Migdal effect, bolstering light dark-matter searches

A China-led team reports the first five-sigma observation of the Migdal effect in neutron scattering, validating a key assumption in light dark-matter hunts.

#physics, #darkmatter, #quantum, #china, #neutrons

China Reports 5% Growth in 2025, Meeting Target as Exports Mask Weak Consumption and Property Slump

China says GDP grew 5% in 2025, meeting its goal, but growth leaned on exports as consumption stayed weak, property sank and surplus hit records.

#china, #gdp, #exports, #property, #trade