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China

China to ease monetary policy in 2025

Next year, China will ease monetary policy to stimulate its economy. The measure has the support of President Xi Jinping. Currently, the Asian country, the second-largest economy in the world, is struggling to contain the slowdown in the…

Nokia cuts 2,000 jobs in China

Nokia Oyj in China cut 2,000 jobs as part of a restructuring and cost-cutting plan that began in 2023, when payroll at the end of that year was about 10,400. Like its Nordic rival Ericsson AB, Nokia has been announcing cost-cutting due to…

China hopes to land astronauts on the Moon in 2030

China has plans to land on the Moon in 2030, which would mark a milestone in the history of space travel through its China National Space Agency (CNSA). The astronauts of the Asian country already have the new suit, in red and white, that…