The 2023 legislation plan of the State Council, China’s cabinet, includes the submission of a draft AI law, among more than 50 measures up for review The National People’s Congress Standing Committee …
Monthly Archives For June 2023
Senators to introduce a bipartisan AI bill aimed at keeping up with China
The Global Technology Leadership Act comes as Senate Majority Leader Chuck Schumer and other members of Congress have made addressing artificial intelligence a key target.
China’s exports disappoint as economic reopening remains sluggish
China’s sluggish reopening woes continue, as its export sector struggles. Why it matters: The world’s second-largest economy is struggling to shake off the lingering effects of the pandemic and the harsh lockdowns it imposed in…
US stocks are in the firing line if China’s economy stalls further
China, home to more than 1.4 billion people … He was knighted in January by King Charles III for services to Business and to Equality. Prior to his illness, he was expected to retire at…
Forbes Global 2000: China’s Ranks Thin As Real Estate Woes Persist
Despite weakness among real estate developers, China has the second largest number of companies among the world’s 2,000 biggest publicly traded firms on the new Forbes list.
Action for Cleaner Oceans: Corona Teams Up with Partners to Recycle 279 Tons of Plastic in 2023
To walk the talk, Corona has partnered with HEMA to introduce an innovative consumer activation called Plastic Pay, kicking off on World Oceans Day at HEMA in Shenzhen. This aims to effectively …
China and the West Are Coming Apart. Can China’s Economy Continue to Rise?
The world’s two leading powers have come to see their economic links to each other as risky, but disentanglement will come at a cost.
Analysis: There is now some public evidence that China viewed TikTok data
US officials have long insisted the Chinese government may be able to view the personal information of TikTok users — but that claim was purely speculative. Until now.
Behind a Rare Clash, a Fight Over Faith in China
China is destroying Arab-style architectural features of mosques, such as domes and minarets. The tightened control on religion has been met with rare resistance.
China’s securities regulator touts long-term value investing to soothe investors amid pessimistic yuan-share outlook
At a forum in Shanghai, CSRC Chairman Yi Huiman also pledges to crack down on malfeasance to protect China’s 218 million investors CSRC will also continue to encourage sales of stock-focused funds, …
South Korea vows support for its chip sector amid China-US tensions
South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol describing competition in the industry as an “all-out war” amid heightened U.S.-China tensions.
China int’l fees could increase fivefold, Xi calls for “world-class” universities
A study from the Beijing Institute of Technology said international tuition fees could be increased by up to five times the existing price to help universities compete with other institutions around …
China’s Big Banks Cut Deposit Rates. Lending Rates Could be Next.
China’s largest state-owned commercial banks cut some of their deposit rates on Thursday, the latest in a series of similar cuts this year. The move will help these banks improve their net i …
