Tech giant Baidu has received Beijing’s first licenses to test self-driving vehicles on the capital city’s roads. The cars, which are permitted to travel on 33 roads spanning 105 kilometers (65 miles), took their first…
Monthly Archives For March 2018
China may hike tariffs on US pork, aluminum, other goods
China announced a list of U.S. goods including pork … On Tuesday, the Chinese premier promised at a news conference that Beijing will “open even wider” to imports and investment as part of efforts to…
China says it may hike tariffs on U.S. pork, other goods
China has announced a list of U.S. goods including pork and aluminum pipe it says may be hit by higher tariffs in response to President Donald Trump’s higher import duties on steel and aluminum. The…
China’s Baidu gets green light for self-driving vehicle tests in Beijing
SHANGHAI (Reuters) – China’s capital city has given the green light to tech giant Baidu Inc to test self-driving cars on city streets, an important step as the country looks to bolster its position in…
Beijing to ease policies, create special fund to attract overseas talent
The Beijing government plans to ease visa policies and establish a special fund to attract outstanding overseas talent. Potential talent will be offered up to one million yuan ($158,300) in incentives once they’ve made great…
Beg, Borrow or Steal: How Trump Says China Takes Technology
Arranged marriages. Whispered warnings. Outright theft. For years, American companies have complained that the Chinese government finds ways to get them to hand over their most valuable trade secrets. Those companies — which usually complain…
Baidu Receives First Batch of Licenses to Conduct Road Tests for Autonomous Cars in Beijing
BEIJING, March 22, 2018 (GLOBE NEWSWIRE) — Baidu, Inc. (NASDAQ:BIDU) today announced that the company has received Beijing’s first batch of licenses to conduct open road tests for its autonomous driving vehicles in designated areas…
No sign of Adolf Hitler analogies when Boris Johnson flew the flag for Beijing
Boris Johnson has compared Russia’s World Cup to the 1936 Berlin Olympics, with Vladimir Putin glorying in the event and manipulating it to sanitise his regime as Adolf Hitler did. Well, as a flag-waving veteran…
Dow tumbles more than 700 points after Trump’s China tariff push
China blamed U.S. export restrictions for its record trade … Those jitters, plus weaker than expected German business confidence data, caused European shares to fall 1.6 per cent. U.S. Federal Reserve nudges up interest rates…
Trump threatens new tariffs on China if trade deficit not reduced
China will also have space to respond to Trump’s actions, reducing the risk of immediate dramatic retaliation from Beijing, and Trump struck an emollient tone as he started speaking, saying “I view them as a…
Will China and the U.S. Start a Trade War? Beijing Lashes Out Against Trump’s Technology Tariffs
President Donald Trump’s decision to hit China with billions of dollars of tariffs has angered Beijing, with Chinese officials pledging to retaliate when the U.S. moves forward with the policy. Trump announced a new set…
President Trump announces new round of tariffs, investment restrictions against China
An administration official told Fox News the tariffs, which could amount to $30 billion or more, are not meant to “punish” China, but rather designed to “recover damages” from China’s unfair trade practices. The investment…
China’s premier urges US to ‘act rationally’ over trade
BEIJING — Chinese Premier Li Keqiang appealed to Washington … duties by appointing himself to lead ruling party bodies that oversee economic reform and finance policy. ( read original story …)
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