China’s Social Credit System

Synopsis Tesla has seen a drop in sales in France and Germany as well. In California, the company recorded its fifth consecutive quarterly decline. Shares of Elon Musk’s Tesla fell 1.5 per cent in premarket trading after sales data from China revealed a 11.5 per cent drop in electric vehicle…

In the summer of 2023, Vasileios Tsianos, the vice president of corporate development at Neo Performance Materials, started getting calls from government officials on both sides of the Atlantic. Within the world of industrial material manufacturing, Neo is best known for making rare earth magnets, used in everything from home…

According to the recent Construction Pipeline Trend Report by Lodging Econometrics (LE), the Asia Pacific, excluding China (APEC), hotel construction pipeline hit an all-time high at the Q4 2024 close, climbing 5% year-over-year (YOY) to reach record counts of 2,085 projects/412,358 rooms. At the close of the quarter, projects under…

white house —  The White House on Thursday said it was monitoring a complaint by China to the World Trade Organization that accuses the United States of making “unfounded and false allegations” about China’s role in the fentanyl trade to justify tariffs on Chinese products. The complaint was made Wednesday,…

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Vietnam and China, the two largest markets for traditional medicine (TM) that uses wild plants and animals, announced a new partnership in January to adopt practices that protect wildlife while preserving the countries’ cultural heritage. The first-of-its-kind agreement involved leading TM associations from Vietnam and China — the Vietnam Oriental…

Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing . 1. China keeps yuan stable against US dollar: what it means for the trade war China’s central bank set a stronger-than-expected fixing…

DUBAI, United Arab Emirates (AP) — President Donald Trump’s proposal that the United States “take over” the Gaza Strip and permanently resettle its Palestinian residents was swiftly rejected and denounced on Wednesday by American allies and adversaries alike. Trump’s suggestion came at a White House news conference with Israeli Prime…

The Australian Dollar struggles as risk-off sentiment intensifies due to escalating US-China trade tensions. China's Services PMI dropped to 51.0 in January from 52.2 in December, falling short of the expected 52.3. Fed’s Daly stated that the central bank remains in a wait-and-see stance, emphasizing the impact of economic data…

SYDNEY: Australia has banned DeepSeek from all government devices on the advice of security agencies, a top official said on Wednesday (Feb 5), citing privacy and malware risks posed by China's breakout AI programme. The DeepSeek chatbot - developed by a China-based startup - has astounded industry insiders and upended…