Category: M1
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Rapid Increase in China Innovation Index
An indicator revealed that China’s innovation increased rapidly in the previous year as new growth drivers gained traction and provided a boost for high-quality development. [more…]
China to Shrink US Treasury Holdings
As part of China’s increased efforts to diversify its foreign exchange reserves, due to the global liquidity and safety risks, the country may keep cutting [more…]
PBOC Makes Largest Cash Injection in Three Years
China’s central bank has increased liquidity support to the banking system by conducting medium-term lending facility (MLF) operations worth 789 billion yuan ($107.96 billion) to [more…]
Xiaomi Announces HyperOS as MIUI Successor
Xiaomi is announcing a new operating system replacing MIUI, pulling a similar move to Huawei to bolster its ecosystem, much like how Huawei developed HarmonyOS [more…]
BRI is Celebrating its 10th Anniversary
On Tuesday, Chinese President Xi Jinping met with international leaders attending the third Belt and Road Forum (BRF) in Beijing. The forum, which is anticipated [more…]
China’s Foreign Trade Reaches High for 2023 in September
According to official data released on Friday, China’s foreign trade in September experienced month-over-month growth for the second consecutive month, with trade volume reaching a [more…]
China Saves Billions on Sanctioned Oil Imports
Based on data from traders and shiptrackers, estimations based on China’s strategic oil imports from nations under Western sanctions have unintentionally saved the country a [more…]
Sanctioned SMIC Made $1.5 billion in the US
Despite being placed on a US Commerce Department blacklist, Semiconductor Manufacturing International Corp (SMIC), the largest semiconductor manufacturer in China, made a record $1.5 billion [more…]
