Yuecai Holdings announced the fund, which will have a 17-year term and invest in auto chips and equipment for microchips, at an event on Tuesday, the Securities Times said
The world’s auto executives will be in Shanghai this week for the city’s auto show with Chinese car firms now enjoying unprecedented dominance
"Anything that happens in (the) Taiwan Strait will mean a lot to us," EU High Representative Josep Borrell said in an address to the G7 foreign ministers' meeting
The balloon could generate up to 10,000 watts of solar power, more than enough to operate a radar that can return images at night and penetrate clouds and thin materials such as tarps
"This year will be the hardest for us," said one of the exporters at the trade event, expressing concerns about the weak global economy hurting business
Major Chinese cities have seen a rebound in home sales over the past month, as pent-up demand was unleashed after the roll back of stringent Covid curbs
News that global development banks and creditors like China have agreed to speed up sovereign debt restructurings is seen as a possible breakthrough, but doubts remain amid geopolitical tensions
To support the growth, policymakers will rely on a mix of modest monetary easing and infrastructure spending, alongside efforts to bolster the property sector
China agreed to provide “lethal aid” to Russia for its war in Ukraine, according to a document on the Discord app, that may have come from US spying on Russian intelligence
The ‘Didi Neuron’, revealed at a live-streamed event, boasts robotic arms that can help passengers pick up their bags
The city is set to host 100 crypto-related conferences and lavish parties through April, with backing from top government officials, including chief executive John Lee
“Intel is welcome to stand committed to the Chinese market and contribute to promoting China-US economic and trade cooperation,” China's vice president said