Dramatic footage has emerged showing the moment a man slipped and fell down a steep mountain while hiking in China’s eastern Anhui province on Monday. The 42-year-old man, named Yang Meng, was hiking in the Fanzengjian mountains when he slipped and fell, capturing the moment on a 360-degree camera. WATCH THE VIDEO ABOVE: Hiker escapes … Read more
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve delivered an outsized interest rate cut earlier this week. However, market watchers widely believe further stimulus will be rolled out to prop up an ailing economy, as the Fed’s … Read more
A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on December 9, 2021 in Sunland Park, New Mexico. Patrick T. Fallon | AFP | Getty Images New data shows a surge in trade between China and Mexico at a time of tough … Read more
A zoo in China has admitted its star attraction, two so-called pandas, are just painted dogs. The fluffy Chow Chow dogs painted to resemble the country’s beloved national animal were seen in a video shot by a visitor to the zoo in southern Guangdong province. The video, posted on Monday on Douyin, China’s version of … Read more
People look at a BYD Dolphin electric subcompact during the 2023 Shenyang International Auto Show on May 3, 2023 in Shenyang, Liaoning Province of China. Vcg | Visual China Group | Getty Images Chinese electric vehicles will remain competitive in Europe despite the EU’s additional tariffs on autos made in the country, particularly after they … Read more
BEIJING: Chinese policymakers will likely step up measures to at least help the economy meet an increasingly challenging growth target for 2024, analysts and policy advisers say, with a sharper focus on boosting demand to fight persistent deflationary pressures. Official data showed the world’s second-largest economy slowed broadly in August, fuelling expectations for more stimulus. … Read more
A United Nations report released today proposes having the international body oversee the first truly global effort for monitoring and governing artificial intelligence. The report, produced by the UN secretary general’s High Level Advisory Body on AI, recommends the creation of a body similar to the Intergovernmental Panel on Climate Change to gather up-to-date information … Read more
The flags of China and the USA are being displayed on a smartphone, with an NVIDIA chip visible in the background. Raa | Nurphoto | Getty Images Chinese companies are ramping up efforts to produce a viable alternative to Nvidia’s chips that power artificial intelligence as Beijing continues its efforts to wean itself off American … Read more
Canada’s ambassador to China says Ottawa’s “complex” relationship with Beijing means some facets of the relationship are speeding along while others are in reverse — but notes China is not viewed as an adversary. “The analogy I constantly use while advising Canadian companies looking to do business in China is that of the yellow light,” … Read more
The Federal Reserve’s interest rate decisions can influence the trajectory of the U.S. economy. “The U.S. economy’s stature is one of the key drivers of the importance of the Fed,” said Gregory Daco, chief economist at EY-Parthenon. “The [U.S.] economy remains one of the largest economies in the world, and certainly of late, one of … Read more
