Stocks climb on jobs data, debt deal Wynn soars on hopes for China stimulus Watch Apple 1. Stocks climb on jobs data, debt deal Equities rallied Friday morning on the back of a strong jobs…
Monthly Archives For June 2023
China Telecom plans huge computing centre in Shanghai’s hi-tech zone, helping to build computational power to support AI drive
Investment comes as development of AI technology, especially evident in the recent frenzy around ChatGPT-like services, is fuelling demand for computational power.
GOP Lawmakers Ramp Up Calls to Retaliate Over China’s Micron Ban
Two key Republican lawmakers are pressing the Biden administration to counter Beijing’s ban of US chipmaker Micron Technology Inc. by sanctioning a Chinese semiconductor company and ensuring that …
China Ukraine envoy urges allies to ‘stop sending weapons’ to Kyiv
China Ukraine envoy’s appeal comes as Washington and its European allies are ramping up supplies of missiles, tanks and other weapons to Ukrainian forces.
China releases its 1st blockchain regulation
ANKARA – China on Friday released the country’s first national regulation for blockchain technology, reported Anadolu. Quoting the country’s Ministry of Industry and Information Technology, state-run …
Elon Musk leaves China after whirlwind trip filled with praise and politics
Musk left Shanghai on Thursday, ending his first visit to China in three years as the country once again courts global business after the lifting of Covid-19 restrictions. He last visited Tesla’s …
CIA director made unannounced trip to Beijing last month
CIA director Bill Burns made an unannounced trip to China last month, a U.S. official confirmed to Axios. Why it matters: The trip to Beijing, which was first reported by the FT, was part of…
CIA Director William Burns met Chinese leaders in Beijing as Washington tries to thaw tensions
WASHINGTON — (AP) — CIA Director William Burns went to Beijing in May to meet with Chinese counterparts, a U.S. official said on Friday, in what is the highest level visit by a Biden administration…
CIA chief made secret visit to China in bid to thaw relations
“CIA directors have a long history of secret diplomacy. They are able to travel in complete secrecy and often have strong relationships with the host intelligence services built over time,” said Dennis Wilder, a former…
China hopes to boost economy with fresh support for the property market amid signs of renewed weakness
Chinese regulators may introduce new support policies to the ailing real-estate market, as home sales have slowed, Bloomberg reported.
Tesla treasure trove found in China after 13 years now worth a record $2 million
A bidder has offered $2 million for three new 2010 Tesla Roadsters that were discovered in shipping containers in China, where they had been for 13 years.
Fuzhou real estate body cancels commission-sharing plan for home purchases, apologises for ‘inaccurate grasp’ of Beijing policy
A real estate industry body in Fuzhou, in China’s Fujian province, retracted a suggestion that home sellers share half of commission costs, citing its ‘inaccurate grasp’ of a policy Beijing introduced …
China plans more measures to improve business environment
China will roll out more targeted and effective measures to improve its business environment at a faster pace in an effort to bolster the economic recovery, according to a State Council executive …
