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SHANGHAI -- Chinese semiconductor equipment maker Advanced Micro-Fabrication Equipment (AMEC) on Friday announced it has filed a lawsuit in an American court against the U.S. Department of Defense for adding it to a blacklist.
SHANGHAI -- The major Chinese city of Shenzhen has launched a campaign to snap up unsold homes with the aim of turning them into affordable housing, under a nationwide scheme to reverse the relentless property market downturn.
SHANGHAI -- China needs to shift its economic policy implementation toward boosting consumption, the country's top leadership said on Tuesday in a closely watched meeting, amid rising expectations for more stimulus measures to spur sluggish growth.
SHANGHAI -- The top executive of Hesai Technology, a leading producer of laser sensors used in driverless cars, told Nikkei Asia that the U.S. government's accusation that the Chinese company has military ties is baseless, and that a second Donald Trump presidency could have more of a "business rationale."
SHANGHAI -- Chinese state-owned enterprises will invest 3 trillion yuan ($413.8 billion) over the next five years to upgrade their equipment, the government's supervisor for state assets said on Friday, as the country races to bolster its industrial supply chain as laid out in a key economic blueprint.
SHANGHAI -- The Chinese Communist Party released on Sunday a lengthy long-term policy blueprint adopted at a meeting of high-level members last week. The closely watched meeting, known as the third plenum, came against the backdrop of slowing economic growth exacerbated by a major downturn in the property sector as well as rising trade tensions with the U.S. and other countries. Here are five takeaways from the plenum.
SHANGHAI -- The Chinese Communist Party on Sunday released a blueprint for long-term development, laying out the most comprehensive signals yet of how President Xi Jinping plans to reform the country as it faces slowing economic growth.
SHANGHAI -- The Chinese Communist Party pledged on Thursday to better manage the market economy through reforms but offered no clear bombshells and few details, after a highly anticipated four-day leadership meeting chaired by President Xi Jinping in Beijing.