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09.04.26 - 09:30
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China′s Unitree to debut cheapest humanoid robot globally on Alibaba site: sources (SCMP)
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Unitree Robotics, one of China's largest robot makers, will debut the R1, its cheapest humanoid model, on the international market via Alibaba Group Holding's AliExpress marketplace next week, according to two sources familiar with the matter on Thursday.
The launch would cover major overseas markets including North America, Europe, Japan and Singapore, one of the sources said. The product would later be available on other channels, the second person said.
The R1, launched in mainland China last......
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09.04.26 - 09:06
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More Chinese banks claw back bonuses, cut salaries despite mixed profit recovery (SCMP)
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Several major Chinese banks have clawed back staff bonuses or cut salaries amid a sluggish economic recovery and Beijing's ongoing scrutiny of the financial sector.
In their annual reports, an increasing number of lenders, ranging from state-owned institutions to commercial banks, are disclosing the amount of performance-based compensation reclaimed from their employees last year.
State-owned Bank of China recovered 47.18 million yuan (US$6.9 million) from 4,630 individuals in 2025, according to......
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09.04.26 - 06:18
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Taiwan Opposition Head Touts China Talks (Bloomberg)
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The leader of a party stalling Taiwan's $40 billion defense expansion is in China with a message: Diplomacy is as much a deterrent as American weapons. Yian Lee explains what's at stake for both China and Taiwan. (Source: Bloomberg)...
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09.04.26 - 06:00
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Volkswagen tests China′s appetite for locally developed EVs (SCMP)
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German automotive giant Volkswagen will launch three new electric vehicle (EV) models in mainland China over the next two weeks, developed using technology from Chinese firms.
The move comes at a time when international marques are struggling on the mainland amid fierce competition in the world's largest car market.
As the largest foreign carmaker in China, Volkswagen previously said that it would integrate Germany's high manufacturing standards with technology developed by Chinese firms.
“We......
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09.04.26 - 05:54
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China Has Done Its Best for Mideast Peace, Expert Says (Bloomberg)
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Wang Jin, a Chinese scholar specializing in the Middle East, says Beijing is not in a position to influence Iran's decisions or change its behavior, but that it has done it best to support the Middle East peace process. Speaking to Bloomberg's The China Show, he points out that China has maintained extensive communication with multiple parties in the region. (Source: Bloomberg)...
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09.04.26 - 04:48
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China Produces "Baby Shahed" Kamikaze Drones For $500 (ZeroHedge)
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China Produces "Baby Shahed" Kamikaze Drones For $500
China's manufacturing base is now churning out short-range, low-cost kamikaze drones priced at under $500 per unit, which X user PLA Military Updates has described as "Baby Shahed" drones.
According to the post, the so-called Baby Shahed costs around 3,000 yuan (about $450), has a range of 20 to 30 kilometers, flies at roughly 200 kilometers per hour, and can be launched by hand or from a rack. These drones could even be launched from a box truck or shipping containers.
??Chinese civilian drone company FLYControl recently develops a short-range, low cost “Baby Shahed” Drone.
The drone costs around $3000 RMB per unit, has a 20-30km range, flies at 200km/h, launched by hand or simple launch racks.
Chinese Production+Cost = GGs for Enemies. pic.twitter.com/JGIgAcZ9QK
— PLA Military Updates?? (@PLA_MilitaryUpd) April 7, 2026
PLA Military Updates said the Baby Shaheds are produced by the Chinese civilian d...
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09.04.26 - 03:24
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Higher Open Called For China Stock Market (AFX)
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BEIJING (dpa-AFX) - The China stock market has finished higher in back-to-back sessions, rallying more than 110 points or 2.8 percent in that span. The Shanghai Composite Index now sits just benea......
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09.04.26 - 02:36
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China biotech flow picks up as Everest seals US$250 million deal (SCMP)
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China's biopharmaceutical sector is seeing an uptick in deal-making, with sovereign wealth funds from Singapore and the United Arab Emirates joining Chinese state-backed investors to back next-generation drug developers.
Shanghai-based Everest Medicines agreed to spend US$250 million to acquire a Singapore company holding rights to 14 chronic-disease treatments across the Asia-Pacific region, according to a stock exchange filing on Wednesday.
Its Singapore unit will acquire 100 per cent of......
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