China’s Financial Regulators Emphasize Proactive Risk Prevention Amid Accelerating Money Supply and Loan Growth

China’s financial landscape in November presented a nuanced picture, characterized by an accelerated expansion in money supply and a surge in new yuan-denominated loans, signaling robust support for economic growth.…

BAIC Group to Phase Out Conventional Fuel Vehicles Under Its Own Brand by 2025, Accelerating NEV Transition

Beijing Automotive Group Co (BAIC Group), one of China’s prominent state-owned automakers, has declared an ambitious strategic shift towards electrification, committing to phase out the production and sale of conventional…

DeepSeek Prepares for Major Mainland IPO, Targeting 2027 Debut Amidst Accelerating AI Race

Hangzhou-based artificial intelligence model developer, DeepSeek, has initiated preparations for a significant initial public offering (IPO) on a mainland Chinese exchange, with plans to potentially file its listing application as…