Business

Tesla recalls over 400,000 vehicles in China for rear light issue

Electric carmaker Tesla will recall 435,132 vehicles in China as a software glitch may cause tail lights to fail to illuminate, China's top quality watchdog said. The recall involves 142,277 Model 3 vehicles manufactured between Dec. 27, 2020 and Nov. 7, 2022, and nearly 300,000 Model Y vehicles...

Business

ABB’s largest robotics factory starts operation in Shanghai

Swiss tech giant ABB on Friday officially opened its largest and fully automated robotics factory in Shanghai where "robots make robots."The mega factory in the Pudong New Area is the largest robotics research and development, manufacturing, and application base of ABB worldwide, the compa...

World

UN says $51.5b aid campaign hopes to help 222m hungry people

UN humanitarians on Thursday said 222 million hungry people top the target list the 51.5 billion U.S. dollar aid campaign for 2023 aims to help.The 2023 Global Humanitarian Overview (GHO), launched by the United Nations in partnership with nongovernmental organizations and other partners, paints a s...

World

Former Chinese President Jiang Zemin dead

Jiang Zemin passed away due to leukemia and multiple organ failure in Shanghai at 12:13 p.m. on Nov. 30, 2022, at the age of 96, it was announced on Wednesday.The announcement was made by the Central Committee of the Communist Party of China (CPC), the Standing Committee of the National People's...

Business

Innovation of Chinese brands sets new consumption trends

Ever bought your cat food made from squab? Or tried a lollipop that can sing? These are just some of the innovative Chinese products that may blow your mind.Thanks to the continued upgrading of the manufacturing sector and an outburst of innovative ideas, many Chinese products have, in recent years,...

Business

Cross-border e-commerce brings opportunities to inland China city

Every day, Yan Xinhua sees off dozens of containers to the port of Tianjin, some 1,200 km away, where the goods are directly shipped to overseas markets.The goods are cleared by the customs authorities in Yinchuan, the capital of northwest China's Ningxia Hui Autonomous Region, and then loaded i...

World

57pc of Gaza population suffers from food insecurity due to Israeli blockade

Palestinian authorities said Monday that 57 percent of the Gaza Strip population suffers from food insecurity due to an Israeli blockade imposed on the coastal enclave for 16 years.Poverty rates in the enclave has climbed to 64 percent, said the Palestinian Council for International Relations in a r...

Business

Marine economy expo highlights industry trends

Requiring only four staffers to breed millions of fish, "Jinghai 001," a large deep-sea intelligent cage, became a hot star at the 2022 China Marine Economy Expo (CMEE) which concluded Saturday in the southern Chinese city of Shenzhen.Equipped with intelligent monitoring, automatic feeding...

Business

China’s BRI contributes enormously to Cambodia’s economic growth: Advisor

China-proposed Belt and Road Initiative (BRI) has contributed enormously to Cambodia's economic growth, the Cambodian government's senior advisor Sok Siphana said on Wednesday.Speaking at the second China-Cambodia Economic and Trade Cooperation Forum via video link, Siphana said Cambodia has...

Business

Oil prices drop as demand worries linger

Oil prices fell on Friday as concerns over a deteriorating demand outlook continued to weigh on the market.The West Texas Intermediate (WTI) for January delivery decreased 1.66 U.S. dollars, or 2.13 percent, to settle at 76.28 dollars a barrel on the New York Mercantile Exchange. Brent crude fo...

World,Front Page

Biden renews call to ban assault weapons

US President Joe Biden renewed his call to ban assault weapons on Thursday."I'm going to try to get rid of assault weapons," Biden told reporters during a visit to firefighters in Nantucket, Massachusetts.The remarks came on the heels of a pair of high-profile mass shootings ...

Business

Booming audio industry spices up life for Chinese

As Chinese people's quest for spiritual nourishment and diverse lifestyles continues and expands, so the audio industry is booming with more and more users engaging not just as listeners, but also as creators.Li Ruo, one of 690 million audio users in China in 2022 -- as estimated by research fir...

Business

Saudi Arabia denies discussion on oil output increase

Saudi Arabian Energy Minister Abdulaziz bin Salman on Monday denied media reports that his country is mulling an oil output increase."The current cut of 2 million barrels per day by OPEC+ continues until the end of 2023 and if there is a need to take further measures by reducing production to b...

Business

OPEC further cuts global oil demand forecasts for 2022, 2023

The Organization of the Petroleum Exporting Countries (OPEC) on Monday further revised down its forecasts for global oil demand in 2022 and 2023, citing economic challenges and geopolitical uncertainties.The latest forecasts were released in OPEC's monthly report. The oil-producer alliance had a...

World,Front Page

China, US need to set right course for ties: Xi

Chinese President Xi Jinping on Monday said during a meeting with his US counterpart Joe Biden that as leaders of two major countries, they need to set the right course for bilateral ties.From the initial contact and the establishment of diplomatic relations to today, China and the United States hav...

Business

ASEAN Global Dialogue focuses on post-pandemic economic recovery

The second ASEAN Global Dialogue kicked off here in the capital of Cambodia on Sunday, focusing on sustainable post-COVID-19 pandemic economic recovery.   Addressing the forum, Cambodian Prime Minister Samdech Techo Hun Sen said this high-level dialogue was designed to promote regional and...

Business

Industrial, energy internet expo kicks off in east China

The 2022 World Industrial and Energy Internet Expo kicked off Friday in Changzhou City of east China's Jiangsu Province.Agreements on 21 key projects have been signed at the expo with a total investment of 47 billion yuan (about 6.6 billion U.S. dollars), mostly covering new energy, industrial a...

World

Half million more Britons not working due to long-term illness since 2019: ONS

The number of working-age adults in the UK who are currently unemployed has increased by half a million since 2019, the latest data from the Office for National Statistics (ONS) shows. This has mainly been caused by the onset of the COVID-19 pandemic in 2020.Around 2.5 million people were economical...

Business

Fiscal capital earmarked for water conservancy, rural revitalisation

China has allocated part of next year's fiscal capital in advance to support water conservancy projects and the rural revitalization campaign.The Ministry of Finance has allocated 94.1 billion yuan (about 13.04 billion U.S. dollars) to help local governments finance projects related with water c...

Business

ASEAN’s economic development benefits from BRI projects: officials, experts

China's Belt and Road Initiative (BRI) projects have played an important role in helping ASEAN countries broaden their development road and grow their economy, according to ASEAN officials and experts.Kao Kim Hourn, a minister attached to the prime minister of Cambodia, said BRI is one of the im...