Alliance for American Manufacturing President Scott Paul, who was a witness at the House hearing on China, joins Eamon Javers and the ‘CNBC Special: Taking Stock’ to discuss what it would take for the …
Monthly Archives For March 2023
Proposed China property ban softened as bill is decried at Capitol
The vast majority of more than 100 people testifying at a public hearing Monday were Asian-American Texans opposing the bill. No action was taken on …
China warns ‘hedonistic’ bankers to toe the line
Bankers in China are being told to rectify their mindsets, clean up their “hedonistic” lifestyles and stop copying Western ways.
High industry expectations from new Digital China blueprint
Industry and capital markets have high expectations after the national-level Digital China blueprint was released this week to guide China’s development of the digital economy in terms of data, …
Bank of America loves this under-the-radar streaming stock out of China, sees 30% gain
With its in-house content strategy, iQIYI is differentiating itself from peers such as Tencent Video and Youku Video, the firm said.
Beijing Letter: More protests are a bridge too far as China prepares for Two Sessions
Beijing has more uniforms than Vienna in the last days of the Hapsburg empire, and they reflect the changing of the seasons like the leaves on the trees. When I arrived last October, the sentries…
US Expects Calls, Engagements With China in Coming Weeks
Speaking at a regular briefing, Ned Price said he expected there would be “additional calls and engagements” with China in the coming weeks. “But we had just taken advantage of one opportunity a …
US nominee to head World Bank, Ajay Banga, to visit China, other countries
US President Joe Biden’s nominee to lead the World Bank, ex-Mastercard Chief Executive Officer Ajay Banga, said he plans to meet with government officials in Europe, Asia, Africa and potentially Latin …
Chinese brands gain Russian turf after Western brands withdraw
While many Western automakers and other companies withdrew from Russia after the country invaded Ukraine, following swift economic sanctions and consumer pressure, many Chinese companies continue to …
China’s legacy automakers scramble to catch up with market shift to smart EVs
The Chinese market’s rapid shift to electrified vehicles, especially EVs featuring rich digital devices and assisted driving, has caught a wide range of automakers off guard. They include most …
Shenzhen pioneers data exchange management regulations amid China’s effort to push digital development
Shenzhen in South China’s Guangdong Province on Thursday released trial data exchange management regulations at the city level, in what experts called a pioneering move to standardize the data …
If China’s Push On Somaliland Works, Who Might Be Beijing’s Next Target?
Somaliland’s eastern city of las anod has experienced an outbreak of violence that is approaching its second month. far from spontaneous , the fight …
As America obsesses over ChatGPT, it’s losing the race with China on tech in 37 out of 44 key areas, study funded by the State Department says
Western democracies are losing the global technological competition,” an Australian think tank found, with China’s lead “sometimes stunning.” …