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Dec 10 2024BUSINESS

China's Economic Plan: Boosting Consumption with Fiscal and Monetary Easing

China's government is planning to take a more active role in boosting the economy next year. They've announced they'll use fiscal measures and make monetary policy a bit looser. This comes from a recent high-level meeting led by President Xi Jinping. The goal is to increase how much people spend wit

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Dec 09 2024POLITICS

China vs USA: The AI Chip Battle Heats Up

China has started an investigation into Nvidia, a big American company that makes chips used in AI. This is the latest move in a fight between China and the US over who will be the leader in AI technology. Both countries think AI is really important for their safety. Some people think Nvidia might

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Dec 09 2024ENVIRONMENT

Urban Wastewater: A Greener Approach from China

China is facing a double whammy: water scarcity and excess greenhouse gases. Guess who’s a major culprit? Wastewater treatment plants (WWTPs)! They guzzle up water and belch out greenhouse gases. The tricky part? These two are connected, like a vicious cycle. Scientists in China’s Yellow River Basin

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Dec 08 2024POLITICS

Weapons Deal: China Displeased, U. S. Stands Firm

China’s not happy, and they’re showing it. Recently, they imposed sanctions on 13 U. S. companies. Why? The U. S. just sold $385 million worth of weapons to Taiwan. These aren’t any regular weapons—they’re upgrades for Taiwan’s F-16 jets and their communication systems. China’s upset because they be

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Dec 06 2024ENVIRONMENT

China's PHEV Push: A Quick Eco Win, But Is It Enough?

China has been on a mission to get more plug-in hybrid electric vehicles (PHEVs) on its roads. The idea is to cut down on carbon dioxide (CO2) emissions by using electricity instead of gas. But does this plan really work? Researchers looked into this from 2016 to 2020. They found that swapping a reg

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Nov 28 2024HEALTH

Improving Mental Health Services: A Closer Look at China's Schizophrenia Patients

China's community mental health services, spearheaded by the Management and Treatment Services for Psychosis (MTSP), cater to over 4 million long-term schizophrenia patients. Despite the large number of people served, the day-to-day abilities and challenges faced by these patients are often overlook

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Nov 25 2024FINANCE

China Stands Firm: No Changes in Loan Rate Despite Yuan Pressure

China's central bank, known as the People's Bank of China (PBOC), has decided to keep the medium-term loan rate frozen at 2. 0%. This comes at a time when the yuan, the country's currency, is feeling some heat. The PBOC handed out loans worth 900 billion yuan (that's about $124. 26 billion) to some

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Nov 25 2024POLITICS

China's Military Moves: A Closer Look at the Taiwan Strait

China has been sending a clear message to Taiwan with recent military exercises. These aren't just shows of force; they're part of China's strategy to claim Taiwan as its own. The Chinese Coast Guard, now acting like a military unit, has been patrolling waters around Taiwan. This is a big deal becau

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Nov 25 2024FINANCE

China's Bond Move: A Subtle Warning?

China recently did something unusual. They sold $2 billion worth of bonds in Saudi Arabia. These bonds are special because they’re paid back in U. S. dollars. This seems like a simple financial move, but analysts think there might be more to it. First, let’s talk about interest rates. China got rat

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Nov 22 2024BUSINESS

How China's Overconfident Bosses Boost Digital Changes

China's digital evolution has been significantly impacted by an unusual trait in its managers: overconfidence. During 2011-2022, researchers noticed that top managers who were a bit too sure of themselves actually drove deeper digital transformations within their companies. The key? They invested mo

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