Population decline is not unique to China, East Asian countries such as Japan and South Korea, have also experienced decreases in birth rates
To avoid the stigma of unemployment, individuals in China are renting fake office spaces for around $4 a day, enabling them to maintain appearances with family and friends
China successfully launched a Pakistani satellite into space from the Jiuquan Satellite Launch Center on Friday. The satellite, named PRSC-EO1, was launched at 12:07 p.m. (Beijing Time) by a Long March-2D carrier rocket and entered its planned orbit successfully, state-run Xinhua news agency reported. The rocket also carried two other satellites - Tianlu-1 and Lantan-1. This launch marked the 556th flight mission involving the Long March carrier rocket series. China has been launching satellites for Pakistan in the last few years broadening their all-weather alliance into the space arena. Last year, China launched a multi-mission communication satellite for Pakistan. In 2018, China sent two Pakistan satellites into orbit. The PRSS-1, Pakistan's first optical remote sensing satellite, and the PakTES-1A, a smaller observation craft.
Beijing rolled out a slew of measures in the second half of last year to stabilise the real estate market, including cutting mortgage rates and allowing local governments to buy unsold housing units
China's economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing's target of around 5% growth, helped by strong exports and recent stimulus measures. In quarterly terms, the economy grew 5.4% in October-December, the government reported Friday. Exports accelerated as companies and consumers rushed to beat potential tariff hikes incoming President-elect Donald Trump may impose on Chinese goods. The national economy was generally stable with steady progress and new achievements were made in high-quality development, according to the report by the National Bureau of Statistics on Friday. Particularly, with a package of incremental policies being timely rolled out, the social confidence was effectively bolstered and the economy recovered remarkably, it said. Manufacturing was a strong engine for growth last year, with industrial output jumping 5.8% from a year earlier. Total retail sales of consumer goods grew 3.5% at an annual rate. Exports
During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a 'severe recession'
'Significant stepping stone for India's ambitious space missions,' says Prime Minister Modi
The Commerce Ministry didn't name any company, but several US firms including Texas Instruments Inc. and Analog Devices Inc. rank among the leaders in lower-end products such as power and analog chip
China has offered to invest USD 3.7 billion in Sri Lanka, stated to be the biggest-ever foreign investment in the island nation, to build a state-of-the-art oil refinery as the two countries signed a new plan to upgrade BRI cooperation during Sri Lankan President Anura Kumara Dissanayake's state visit here. On Thursday, Dissanayake met Chinese Premier Li Qiang and Chairman of the Standing Committee of the National People's Congress Zhao Leji and pitched for more Chinese investment in his address to Chinese firms. A day earlier, Dissanayake held talks with his Chinese counterpart Xi Jinping following which the two sides signed 15 agreements. According to a press release by the Sri Lankan President's media division, his visit marked a significant milestone by securing the largest foreign direct investment to date of USD 3.7 billion Chinese investment to build a state-of-the-art oil refinery at Hambantota. This significant achievement was formalised this morning with the signing of an
Chinese Foreign Ministry spokesperson Guo Jiakun said Thursday that Beijing welcomes the Israel-Hamas ceasefire deal and hopes it can be "effectively implemented so a comprehensive and permanent ceasefire in Gaza can be achieved". China will continue to provide humanitarian assistance to Gaza and make "positive efforts" for post-war reconstruction, he added. "We also sincerely hope that the relevant parties will take the Gaza ceasefire as an opportunity to promote the easing of local tensions. China is willing to work with the international community to make unremitting efforts to promote peace and stability in the Middle East," Guo said.
Boosting Europe's economic competitiveness is a priority for the 27-nation bloc as it struggles in the race for new, climate-friendly technologies against China and the United States
The influx of more than 700,000 new users has been driven by a looming US ban on TikTok, used by 170 million Americans, on national security concerns
COMAC has been eyeing Vietnam as a potential market for some time, and conducted a southeast Asia marketing tour last February, during which it flew two demonstration planes to the country
The council emphasised that shifting global policies have created new opportunities for Taiwan to expand its international presence
In recent weeks, China has been visibly boosting its ability to invade Taiwanese beaches with innovative new naval equipment
China places Sri Lanka on top of its neighbourhood diplomacy and supports it in safeguarding its sovereignty, President Xi Jinping told his Sri Lankan counterpart Anura Kumara Dissanayake during their meeting here on Wednesday. After their meeting, the two countries signed several agreements to boost bilateral ties, an official statement here said. Xi expressed China's readiness to usher in a new era of development in bilateral ties and called on the two countries to have a keen grasp of their relations from a strategic perspective and jointly build a China-Sri Lanka community with a shared future, it said. Dissanayake, who arrived here on Tuesday on a four-day visit a month after travelling to India on his first overseas trip since assuming office in September, was given a ceremonial welcome at the Great Hall of People, following which both the Presidents held talks. After the talks, the two leaders witnessed the signing of several bilateral documents on the cooperation plan for .
President Xi Jinping Wednesday expressed Beijing's readiness to usher in a new era of development in China-Sri Lanka ties as he met Sri Lankan counterpart Anura Kumara Dissanayake here following which both countries signed several agreements to boost bilateral relations. Dissanayake, who arrived here on Tuesday on a four-day visit a month after travelling to India on his first overseas trip since assuming office in September, was given a ceremonial welcome at the Great Hall of People following which both the Presidents held talks. Xi emphasised China's readiness to work closely with Sri Lanka in ushering in a new era of development, a press release issued by the Sri Lankan President's Media Division in Colombo said. Xi also recalled the longstanding relationship between the two countries, highlighting the close friendship that has existed for decades. President Xi reiterated China's commitment to continuing its cooperation with Sri Lanka in the future, the release said. Following
TikTok has been given a deadline to sell the operations to the US or face a ban. Amid ban concerns, American users are moving to an alternative, Xiaohongshu, also known as RedNote
Tianmen, with 1 million residents, saw 1,050 more babies in 2024, defying China's declining births and ageing population, key challenges to the nation's economic sustainability
Trump, who has threatened to slap tariffs of 10 per cent to 60 per cent on goods from China, takes office on January 20