Beijing may allow foreign financial firms to list in China: Ex-Finance Minister

Beijing may allow foreign financial firms to list in China: Ex-Finance Minister

A man wearing a protective mask is seen inside the Shanghai Stock Exchange building. | Photo Credit: Reuters China will encourage foreign capital to participate in its financial markets and may allow foreign-funded financial institutions to go public in the country when “conditions are ripe”, local media quoted a former Finance Minister as saying on […]

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China sets economic growth target of ‘around 5%’ for 2023, lowest in decades

China sets economic growth target of ‘around 5%’ for 2023, lowest in decades

Image used for representational purpose only. | Photo Credit: AFP China on Sunday set an economic growth target of “around 5%” for 2023, one of the lowest in decades, as its annual National People’s Congress opened in Beijing. The target was announced in a work report delivered by outgoing Premier Li Keqiang as the rubber-stamp […]

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Unemployment, poor economy: Here’s why rural Indian students investing more to study abroad

Unemployment, poor economy: Here’s why rural Indian students investing more to study abroad

When 19-year-old Sachin failed to score the grades he needed to get into a good Indian college, his father, a small shopkeeper, took a loan and dug deep into the family savings to help him secure a Canadian student visa. The 2 million rupees ($25,035) they scraped together covered the fees for English language tuition provided […]

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Taiwan says it has not been informed of ‘Chip 4’ meeting involving U.S., Japan, and South Korea

Taiwan says it has not been informed of ‘Chip 4’ meeting involving U.S., Japan, and South Korea

Taiwan is a major semiconductor producer and home to the world’s largest contract chip maker, Taiwan Semiconductor Manufacturing Co Ltd Taiwan is a major semiconductor producer and home to the world’s largest contract chip maker, Taiwan Semiconductor Manufacturing Co Ltd Taiwan said on Friday it has not been informed about a so-called ‘Chip 4’ meeting […]

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Baidu bags China’s first fully driverless robotaxi licenses

Baidu bags China’s first fully driverless robotaxi licenses

Baidu will deploy a batch of five fee-charging robotaxis in specific zones of Chongqing and Wuhan Baidu will deploy a batch of five fee-charging robotaxis in specific zones of Chongqing and Wuhan China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from […]

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Alibaba to seek primary listing in Hong Kong, adding to its New York Stock Exchange listing

Alibaba to seek primary listing in Hong Kong, adding to its New York Stock Exchange listing

Alibaba, China’s biggest e-commerce platform, aims to be a dual-primary listed company on NYSE and HKSE Alibaba, China’s biggest e-commerce platform, aims to be a dual-primary listed company on NYSE and HKSE Alibaba, China’s biggest e-commerce company, said Tuesday that it would apply for a primary listing in Hong Kong. (Sign up to our Technology […]

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Baidu plans to use detachable steering for ‘robotaxis’ in China

Baidu plans to use detachable steering for ‘robotaxis’ in China

China’s search engine giant Baidu Inc. on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with plans to put it to use for its robotaxi service in China next year China’s search engine giant Baidu Inc. on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with plans […]

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