A Chinese model for currency internationalisation is taking shape
Manufacturing strength and growing overseas investment are giving Beijing a path different from the United States. The dollar’s rise has long suggested a familiar path to currency internationalisation: run trade…
Chinese state-owned capital operation firms announce share purchase plans amid confidence in China’s capital market
China Reform Holdings Corporation Ltd. and China Chengtong Holdings Group Ltd., two central state-owned investment firms, announced on Sunday that they remain firmly confident in the prospects of China’s capital…
Pakistan’s Big Bird secures major export contract, eyes to dominate the global halal market
Big Bird Foods Limited (BBFL), a Pakistani poultry processing unit, has secured a major contract to export poultry products to a Gulf-based halal food company. The listed company shared the…
China’s intelligent computing capacity reaches 2,185 EFLOPS: official data
BEIJING, July 20 (Xinhua) — China’s intelligent computing capacity reached 2,185 EFLOPS by the end of June this year, reflecting the country’s rapid expansion of artificial intelligence infrastructure, official data…
Auto financing surges 38% to Rs. 382 billion
Housing loans also show significant growth of 29%, reaching Rs267b KARACHI: Bank lending to the automobile sector, housing finance, personal loans and private-sector credit exhibited a strong year-on-year growth in…
China leads global humanoid robot development with over 400 complete robot products
BEIJING, July 20 (Xinhua) — China has developed more than 400 complete humanoid robot products, accounting for over half of the world’s total, highlighting the country’s rapidly expanding presence in…