AIIB loans $250m for Beijing coal-to-gas conversion

The Asian Infrastructure Investment Bank (AIIB) announced a significant milestone with the approval of a $250 million loan for a natural gas project in Beijing, marking its inaugural direct investment…

Asian Development Bank Commits $6.17 Billion for 31 Projects in China (2018-2020) with Strategic Shift to Environment and Social Sectors

The Asian Development Bank (ADB), a pivotal international development finance institution headquartered in Manila, the Philippines, has unveiled an ambitious plan to invest a substantial $6.17 billion in China through…

China Flash Flood Death Toll Rises to 25 Amid Escalating Extreme Weather Events, Prompting National Investigation

The death toll from a devastating flash flood that swept through the Shuangshimen Scenic Area in northwest China’s Gansu province has tragically climbed to 25, with 23 individuals reported injured,…

Oldest Nanjing Massacre survivor dies at 100

The somber announcement on Monday from the Memorial Hall of the Victims in the Nanjing Massacre confirmed the passing of Guan Guangjing at the age of 100. His death, just…

China Poly Group Corp Charts Ambitious Global Expansion with Dual Market Focus and Strategic Diversification

Beijing-headquartered conglomerate China Poly Group Corp (Poly Group) has articulated an assertive strategy for sustained global expansion, committing to deepen its commercial footprint across both established developed economies and the…

Typhoon Dolphin Batters Eastern China with Torrential Rain, Disrupting Travel and Raising Flood Concerns

Typhoon Dolphin, having weakened after making landfall, continued to unleash torrential rain across eastern China on Monday, leading to widespread flight cancellations and disruptions to public transportation. While some cities…

The Global AI Arena: US and Chinese Giants Clash in an Escalating Price War as Users Seek Value and Open-Source Alternatives

The global landscape of artificial intelligence is experiencing a seismic shift, as users increasingly shop around for AI solutions, driven by fierce competition that sees US tech behemoths grappling with…

Water diversion project drives environmental improvements and provides new jobs for locals

Tuesday, December 12, 2017, marked a significant milestone for China’s ambitious South-to-North Water Diversion Project (SNWDP), as its central route celebrated three years of continuous operation. This monumental infrastructure initiative,…

Unitree Robotics Makes Historic Debut on STAR Market, Marking China’s First Humanoid Robot IPO

Unitree Robotics, a trailblazer in advanced robotics, commenced its online subscription for an Initial Public Offering (IPO) on the Shanghai Stock Exchange’s STAR Market on August 10, a momentous event…

Beijing Condemns New US Tariffs on China and 59 Nations Over Alleged Forced Labor, Warns Against Renewed Trade War

Beijing has issued a stern condemnation of fresh US tariffs imposed on China and 59 other countries, citing alleged forced labor concerns, and delivered a stark warning to Washington against…