WASHINGTON - Once again, China tops a new list of the world's fastest supercomputers, not only taking the first two places, but also pulling ahead of the United States in the sheer number of systems being used.
The nation's new loans and the broad measure of money supply or M2 fell to a record-low in October as lenders tightened mortgage lending and corporates stayed away from bank loans, amid an overall clampdown on shadow lending activities.
China's crude oil imports from Russia are expected to double from next year with necessary infrastructure work on the second Sino-Russian crude oil transmission pipeline being completed on Sunday.
The country may be starting to beef up. By the end of September, US beef exports to China reached about a thousand metric tons for a total of $12.5 million since the export ban was lifted in May, according to the US Meat Export Federation.
Automotive giant Zhejiang Geely Holding Group said on Monday that it will roll out its first flying car in 2019 in the US after the Chinese company decided to buy Massachusetts-based startup Terrafugia, which is pioneering such vehicles.
Changan Automobile Co has started testing its autonomous driving technologies in California, the United States, and hopes to market its mass-produced autonomous cars by 2020.
China's natural gas consumption will increase this year on the back of continued policy backing from Beijing, as part of a broader clean-energy drive to replace coal with natural gas and other efforts to reduce chronic air pollution.
French tire manufacturer Michelin Group is banking on huge growth in China thanks to the growing demand for mobility and improved life style solutions, a top company official said.
In October 2016, Shanghai resident Song Yujiao, 34, a procurement manager at a pharmaceutical company and mother of You Zhenyu, 4, decided to do what millions of others of her ilk have been doing of late - she booked an expensive cross-border online education course for her brat.
VIPkid (pronounced V.I.P.-kid), a four-year-old Beijing-based Chinese startup that provides online English-language courses for children globally, said it will increase investments, introduce more teachers from North America and use artificial intelligence or AI to exploit the huge potential for growth.
Handwriting, which has evolved over aeons, is receiving a tech edge in China from the boom in artificial intelligence or AI-enabled educational services.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
