News
Faced with the dual challenges of an aging population and a sluggish economy, China has decided to undertake a significant reform, announcing the first increase in the retirement age since the 1950s. The new policy raises the retirement age for men to 63, while for women, it will be adjusted to betw...
Insights
Weekly Market Review: Last week, a rebound in technology stocks propelled the S&P 500 to a 4% gain, positioning it to once again challenge historical highs. U.S. 2-year and 10-year Treasury yields continued to decline, reflecting expectations of Federal Reserve rate cuts, and the spread between...
News
According to a Bloomberg report on September 12, the Chinese government is encouraging local carmakers to export knock-down kits to their overseas factories, where key car components are produced in China and then shipped to the destination markets for final assembly. This strategy aims to avoid pun...
News
In recent years, the U.S., Japan and the Netherlands, have increasingly expanding restrictions on China in semiconductor technology. South Korea, on the other hand, has been cautiously responding to U.S. demands due to its significant dependence on the Chinese market. Yet, according to a report b...
News
With AI giants in the Western world, such as OpenAI, Google and Meta, stealing the spotlight by their development of generative AI, some big names in China have introduced their AI models over the past 18 months, according to a latest report by CNBC. Though trying to keep a low profile, five tech...