China's National Development and Reform Commission announced a reduction in retail prices of gasoline and diesel starting this Wednesday. This measure is taken in response to recent changes in oil prices on the international market.
According to the country's top economic regulator, gasoline prices…
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China
China offers the fastest Internet in the world
Citizens of China enjoy the fastest Internet connection in the world, with a speed of 1.2 terabits per second.
The Asian nation has made profound progress, particularly in the use of fiber optics through a network of more than 3,000…
New fuel transportation units are assigned by PDVSA to the regions
As a result of the reception of the first 100 tankers that arrived in the country as a result of the alliance between the government of Venezuela and the People's Republic of China to strengthen fuel distribution plans, this Thursday…
Petro vindicates the “essential” relationship with China after meeting with Xi Jinping
The President of China, Xi Jinping, received this Wednesday in Beijing his Colombian counterpart, Gustavo Petro, who described the relationship between both countries as "essential" after a symbolic ceremony in which a dozen cooperation…
The US reinforces restrictions on the sale of AI chips to China
The Bureau of Industry and Security (BIS) of the United States Department of Commerce announced the expansion of existing restrictions on the export of artificial intelligence (AI) chips to China.
The BIS has explained that these new…
China inaugurated the first industrial park dedicated to the digital yuan
In a significant development, China opened a pioneering industrial park aimed at developing the digital yuan ecosystem, which is also known as the central bank digital currency (CBDC), according to Chinese press reports.
This innovative…
China and EU discuss electric cars issues
In a momentous meeting, Valdis Dombrovskis, Vice President of the European Commission and in charge of Trade, will hold a high-level economic dialogue with He Lifeng, Chinese Vice Premier. This long-awaited event will take place amid…
G20 GDP had a slowdown in growth during the second quarter of the year
The G20 Gross Domestic Product (GDP) experienced a slowdown in the second quarter, registering growth of 0.7 %, three tenths less than in the previous quarter. China played a significant role in this phenomenon, although most of the world's…
The United States and Vietnam sign strategic partnership agreement
The President of the United States, Joe Biden, and Nguyen Phu Trong, the highest Vietnamese authority, have formalized a historic agreement that elevates the bilateral relationship to the category of strategic partnership.
This step…
China restricts the use of the iPhone to its officials
China recently ordered its central government officials to stop using Apple's iPhone and other foreign-brand mobile devices in their work, The Wall Street Journal reported.
Instructions to stop using these devices have been disseminated…
Chinese factory activity falls for the fifth consecutive month
China's manufacturing activity contracted again during the month of August, as reflected by the PMI manufacturing index, which stood at 49.7 points from 49.3 the previous month, thus accumulating five consecutive months below the stability…
China cut tax on stock transactions
In an effort to reinvigorate confidence in its stock market, China took a bold step by announcing a drastic measure. The Asian country has cut the tax on stock transactions in half, marking the first change of its kind since 2008. The…