Chinese artificial intelligence startup SenseTime Group postponed its US$767 million Hong Kong initial public offering (IPO) on Monday (Dec 13) after being placed on a US investment blacklist. SenseTi …
Monthly Archives For December 2021
China detects first case of Omicron COVID-19 variant
China on Monday detected its first case of the Omicron variant of COVID-19, local media reported. Taking to Twitter, the Chinese state-affiliated media CGTN informed that the first Omicron case was …
Muddled Priorities and Monetary Policy in Beijing
China has significant scope to fight off a deepening economic slowdown—if it is willing to be realistic about what is needed.
Beijing 2022 hold two tests at Yanqing Olympic and Paralympic Village
Beijing 2022 has said two days of tests have been conducted at. Organisers said nearly 1,500 people participated in the tests, which concluded yesterday (December 12). Around 70 tests were reportedly …
China’s Quest for Space Power Starts With Moon Dust
The country’s lunar program is a key step toward Beijing’s vision of achieving territorial power in space, and scientists think lunar material could one day provide safer nuclear energy in a fusion …
Premier Li Keqiang: China to prioritize stability in next year’s economic work
China’s economic work for next year will prioritize stability while pursuing progress in its economic growth in the face of renewed downward pressure on the country’s economy, Chinese Premier Li …
Big decline in China’s BRI investments, cash grants to Africa: Report
Investments in China’s much-touted Belt and Road Initiative (BRI) have fallen by 54 per cent since 2019 and Beijing is no longer doling out hard cash for projects in Africa, amid criticism over …
The China effect: Sounding the death knell of many domestic industries
Subsidised and dumped Chinese imports have decimated many industries and will continue to do so unless effective action is initiated.
Beijing firmly opposes the G7 interfering in China’s internal affairs and harming China’s interests
A Chinese spokesperson on Monday firmly opposed the Group of Seven (G7) countries interfering with China’s internal affairs. The remarks came in response to a recent statement by the G7 foreign …
The US cut a Taiwanese minister from a video feed after she displayed a map showing her country as separate from China
Reuters reported that US officials told producers at Biden’s democracy summit to cut the feed after Audrey Tang’s presentation. The State Dept denied.
China’s semiconductor self-reliance path faces US roadblocks
Well before the current chip supply chain crunch, Beijing has been trying to build out a local supply chain for semiconductors—its biggest import item. Tens of billions of dollars of government …
2021 China Digital Economy Report Recognizes Moviebook as a Leader in Merchandizing AI Science and Technology
Leading AI-powered infrastructure and service provider of intelligent video production, Moviebook, has recently been recognized in the …
France, China pork trade to continue despite ASF
France has signed an agreement with China to ensure pork trade continues even if outbreaks of African swine fever occurs.