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China's industrial profits down 4 percent in 2022

Industrial firms with annual main business revenue of at least 20 million yuan saw their combined profits reach about 8.4 trillion yuan in the period.

January 31, 2023

IMF projects China's economic growth to reach 5.2% in 2023

Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024, according to the IMF.

January 31, 2023

Xpeng gains green light for X2 flying car

Xpeng Aeroht, electric vehicle maker Xpeng's flying car unit, said on Monday its X2, a two-seater EV, has received a special flight permit.

January 31, 2023

Chinese shares open lower Tuesday

Chinese stocks opened lower on Tuesday, with the benchmark Shanghai Composite Index down 0.10 percent to open at 3,266.14 points.

January 31, 2023