A top Chinese official tried to reassure Taiwanese business executives that they are welcome across the strait just as the People’s Liberation Army ended military drills around the island.Most Read fr …
Monthly Archives For April 2023
US, Philippines begin drills after China exercises
T he US and the Philippines are holding their largest-ever joint military drills a day after China concluded its large-scale exercises around Taiwan. Beijing staged three days of drills simulating blockades of Taiwan in response…
China’s IC Standardization Committee marks the latest effort to counter US sanctions
China’s “National Integrated Circuit Standardization Technical Committee” (hereinafter referred to as the IC Standardization Committee) was established in Beijing.
IPO system reaches big milestone
The adoption of the new IPO system across the entire A-share market is a significant milestone, and is expected to facilitate the high-quality development of the Chinese capital market, said experts.
China’s consumer inflation hits 18-month low amid uneven recovery
The government has set a target for average consumer prices in 2023 to be about 3%. Prices rose 2% on year in 2022.
Micron Probe May Hurt China’s Efforts To Attract Foreign Investment
Diplomatic pressure on Taiwan may also backfire, Foreign Policy Research Institute Senior Fellow Terry Cooke says …
Elon Musk’s big bet on China: Tesla building Megapack battery plant in Shanghai
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Sen.
Elon Musk Looks Past Geopolitical Risks, Announces a Second Tesla Factory in China
In a time when American companies are eager to diversify away from China, Elon Musk is looking past geopolitical risks and unpleasant zero-Covid memories and doubling down on Tesla ’s manufacturing …
Sandstorms, dangerous pollution return to Beijing
Thick sandstorms will hit Beijing and several provinces through Wednesday, and Chinese forecasters have advised citizens of respiratory dangers and very low visibility while travelling, state media reported.
Sand, dust hit Beijing, raising blue alert
Under the effect of cold air and the Mongolian cyclone, sand and dust weather and gales affecting the Chinese capital will last until Tuesday evening, with weather authorities issuing blue alerts. Starting from early Monday…
Navy conducts warship passage in S. China Sea amid Beijing tensions
A U.S. Navy guided-missile destroyer sailed through a disputed area of South China Sea on Monday, pushing back against territorial claims by China amid rising bilateral tensions, the Seventh Fleet said in a statement.
China-Taiwan: Aircraft carrier ‘seals off’ island on third day of drills
China said it was simulating “sealing off” Taiwan in a third day of drills as it appeared to use an aircraft carrier to launch jets towards the island. Taiwan said it had detected jets to…
Shares of China’s SenseTime Set to Rise 8.7% After It Unveils New AI Products
HONG KONG (Reuters) – Shares of Chinese artificial intelligence (AI) company SenseTime were set to jump 8.7% on Tuesday, a day after it unveiled a series of new AI-powered (AI) products as it joins a…