Nov. 21, 2024, 4:18 a.m.

China and Vietnam will sign new agreements to boost rail links and agricultural trade

China and Vietnam are expected to sign agreements to boost rail links and agricultural trade during Chinese Premier Li Qiang's visit to Hanoi this weekend, according to two people with knowledge of the plans.

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Academic bars have sprung up in many places in China

In a nondescript street bar in Shanghai's Wutong district, a lecture is taking place. There are no empty seats in the 30 square meter space, some people take out laptops, and some people make notes on paper.

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China has reportedly ordered companies to buy local chips to reduce their reliance on Nvidia

Beijing has reportedly ordered Chinese companies to buy local artificial intelligence chips and reduce purchases of products from US chipmaker Nvidia in response to possible US sanctions.

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Huawei's first three-fold phone, the Mate XT, has seen prices tumble

Huawei's latest launch of the first triple foldable screen phone Mate XT extraordinary Master premium plummeted, in a few days, the phone scalpers from the price of nearly 100,000 yuan plunged to only a few thousand yuan.

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Ant Group has reportedly raised $6.5 billion in loans to expand its global business

Chinese fintech giant Ant Group has reportedly raised $6.5 billion in loans to refinance an offshore credit line of the same size to further expand its global business.

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Spanish and Norwegian prime minister's visit to China is expected to boost China-Eu relations

​ It is hoped that Spain will continue to play a constructive role in this regard.

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China has provided 360 billion yuan to Africa to enhance its relations with Africa

In the next three years, China will provide 360 billion yuan to promote the implementation of the "Ten partnership actions" for modernization, including building a platform for the exchange of governance experience between China and Africa, providing military assistance, and creating at least one million jobs.

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China and South Africa have agreed to boost trade balance and encourage more two-way investment

China and South Africa on Tuesday (September 3) issued a joint statement elevating their relationship to a "comprehensive strategic cooperative partnership in a new era", in which the two sides will promote trade balance and encourage their respective business communities to increase two-way investment.

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With the loss of the yen carry trade, the yuan carry trade is favored

Market participants believe that despite the recent loss of the yen carry trade, the yuan carry trade may be a better defense against currency fluctuations and become an effective strategy.

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Canada plans to impose 100% tariffs on electric vehicles imported from China

Canadian Prime Minister Justin Trudeau said Monday that Canada will impose a 100 percent tariff on electric vehicles imported from China.

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