CHINA RELATIONS

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Oct 12 2024FINANCE

China's Finance Minister Hints at Future Economic Boosts

China's Finance Minister, Lan Fo'an, recently suggested that there's room for more economic stimulus, but he didn't reveal any specific plans. This could mean new steps to boost the economy in the future, but what those might be is still a mystery. China's economy hasn't been doing great even after

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Oct 12 2024BUSINESS

China's Economy: A Waiting Game for Stimulus

China's Finance Minister, Lan Fo’an, hinted at possible economic boosts on Saturday but didn't reveal any concrete plans. This comes after the economy's slow recovery from COVID-19 restrictions lifted in late 2022. Companies are cautious, cutting back on jobs and pay, while a struggling property mar

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Sep 30 2024BUSINESS

China's Economic Slowdown: The Real Story

China, the world's second-largest economy, is facing a prolonged economic slowdown. The country's factory activity has contracted for five straight months, with a purchasing managers' index (PMI) reading of 49.8 in September. While this is higher than expected, it still indicates a contraction in ma

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Sep 27 2024POLITICS

China's Submarine Snafu: A Wake-Up Call for Beijing's Defense Industry

China's defense industry has been on a mission to modernize its forces, but it seems a major setback has occurred. The newest nuclear-powered submarine, part of the country's ambitious Zhou-class line, has reportedly sunk pierside earlier this year. The incident has left many wondering about the Chi

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Sep 24 2024BUSINESS

China's Economic Engine Gears Up for Revamp

China's economy is getting a much-needed boost with a series of bold policy moves. The country's central bank has slashed the mortgage rate for existing homeowners, while also reducing the amount of cash commercial banks must hold in reserve. This means banks will have more money to lend to real est

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Sep 20 2024SCIENCE

China's Cosmic Quest: Unveiling a New Era in Space Exploration

China's space program is on the cusp of a major milestone, as the country prepares to unveil a long-term vision for space science. This ambitious plan aims to accelerate China's progress in the field, solidifying its role as a global leader in space exploration. The Chinese Academy of Sciences has o

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Sep 15 2024ENVIRONMENT

China's Clean Energy Revolution: A Game-Changer for the Planet?

China's incredible journey towards a cleaner energy future is nothing short of remarkable. The country is on track to meet its ambitious 2030 renewable energy target six years ahead of schedule, a feat that has left many in the industry reeling. But what's behind this remarkable achievement, and wha

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Sep 13 2024TECHNOLOGY

The Secretive Space Plane: China's Quest for Dominance in Orbit

China's secretive space plane, the "Shenlong" (meaning "Divine Dragon" in Mandarin), has landed back on Earth after spending over eight months in orbit. This latest development marks a significant milestone in China's quest to catch up with the United States in the realm of space technology. But wha

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Sep 12 2024TECHNOLOGY

China's AI Ambition: Can They Catch Up to the US?

China has been working hard to catch up with the US in the field of artificial intelligence (AI). Over the past 18 months, China's tech giants have launched their own AI models, looking to capitalize on the hype around AI. But can they really challenge the US in this area? Let's take a closer look a

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Sep 11 2024SPORTS

China's Soccer Scandal: A Crackdown on Corruption or a Cover-Up?

China's football association has banned 38 players and five officials for life after a two-year investigation into match-fixing and gambling. The investigation found that 120 matches had been fixed, with 41 clubs involved. Three former Chinese internationals, Jin Jingdao, Guo Tianyu, and Gu Chao, we

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