Increasing use of the Chinese currency is expected to slowly create an alternative payment system - one that avoids the risk of US sanctions
Building giant had liabilities of $274 billion at end of 2021 but it will need $36-43bn over three years if creditors agree to it resuming work; a verdict on its fate may come near year-end
The move comes amid repeated warnings from Chinese officials of a severe and complicated situation for foreign trade as export orders plunge
Pony.ai started driverless testing in Guangzhou in June 2021 and has accumulated nearly 200,000 fee-charging robotaxi orders globally as of this month
The probe suggests other companies or industries could be singled out by Beijing based on unclear suspicions, AmCham China said
Researchers in Britain say propaganda by authoritarian regimes in Russia, China and Iran have attracted more followers since Twitter dropped its labels on 'state-controlled media'
The development comes amid political and regulatory uncertainties in China that have pushed foreign businesses to move out of the country
A leaked US document shared online recently says China is looking to create cyber weapons to "hijack" enemy satellites, but the US is also developing defensive and offensive space weapons
The announcements follow new US sourcing requirements for EV battery components and critical minerals in order for car buyers to qualify for up to $7,500 in credits
The fully robotic rover has been in longer-than-expected hibernation since May 2022, when it entered a planned sleep mode
The “top secret project” is aimed at realising Beijing’s ambitions of becoming self-reliant in critical semiconductor technology
A robot tasked with making "lunar soil bricks" will also be launched during China's Chang'e 8 mission around 2028