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BEIJING CAPITAL EXPENDITURE
India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
China's chipmakers emerge as rising force in AI memory market: ReportThe report highlighted that China's leading NAND flash maker, Yangtze Memory Technologies Corp (YMTC), and top DRAM producer, ChangXin Memo...
India to surpass China in share of global GDP by 2060: ReportIndia is set to overtake China in global economic power by 2060. A new report indicates China's GDP share will decline in the latter half o...
TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
ByteDance targets 25% rise in AI infrastructure spendingByteDance has significantly increased its AI infrastructure spending by 25% to 200 billion yuan ($29.4 billion) this year, driven by rising...
Meta lifts capital expenditure forecast, doubling down on AI pushMeta Platforms is significantly increasing its capital expenditure forecast to between $125 billion and $145 billion by 2026, doubling down...
Electronics industry urges govt to persist with supportive policy as US-China ties easeIndia's electronics sector fears losing export edge as US-China trade relations ease. Tariffs on Chinese goods were halved, narrowing India...
India faces challenges in local rare earth production amidst China's export restrictionsIndia's ambitious Rs 7,300 crore plan to boost local rare earth magnet production faces a significant challenge. China, the global leader, ...
Magnet scheme to offer ₹7,300 cr incentivesA ₹7,300 crore government scheme has been approved to boost domestic production of rare earth magnets, crucial for electric vehicles and wi...
DeepSeek facing tough competition? Big Tech plans $325-billion AI investment in 2025Alphabet CFO Anat Ashkenazi says AI demand outpaces supply, driving massive investments in data centres and advanced GPUs to power next-gen...
China chipmaker Hua Hong records modest gains in Shanghai debutHua Hong raised $3 billion in China's biggest public offering this year, joining a long queue of local chipmakers to tap the stock market t...
Budget will have to find a balance between capital spending and borrowingThe big question facing policymakers is how to equitably distribute expenditure — given that Covid-19 has disproportionately affected the m...
China’s $856 billion startup juggernaut gets stuckThis year, Chinese investors are involved in over $90 billion worth of deals, second only to the U.S. and up from only $11.5 billion five y...
10% boost in China’s defence budget gives India jittersIndian defence officials say China's actual defence spends are almost 60% higher than their declared official budget.
- Mauritius to finalise tax treaty by Dec
After tightening of tax residency certificate norms, Mauritius may put in place more such procedures by December to address India’s concern...
- Drowning in cash, but China won’t spend
The economics are compelling and so is the political rationale, so why isn’t Beijing doing much, much more to improve China’s stunted publi...
- Indian Hotels plans 3 more properties in Delhi & NCR
Hospitality major IHCL, which owns the Taj chain of hotels, plans to build three new properties in Delhi & NCR region targeting the ’10 Com...