Profits at China’s industrial firms shrank by 18.8% year-on-year in the first five months of 2023, official data showed on Wednesday, as companies wrestled with margin squeezes from softening demand amid a stumbling post-COVID economic…
Monthly Archives For June 2023
Biden urged not to renew US-China tech, science cooperation over spy balloon
WASHINGTON – Members of the House Select Committee on the Chinese Communist Party have implored the White House not to renew a US-China science and technology cooperation agreement that they say Beijing has put to…
Haley: Trump ‘showed moral weakness’ in dealings with China’s Xi
GOP presidential candidate Nikki Haley on Tuesday attacked former President Trump over his policy on China, saying he “showed moral weakness” during meetings with Chinese leader Xi Jinping. In a
U.S. Considers New Curbs on AI Chip Exports to China
Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon-development and hacking.
Nikki Haley torches Trump, Biden on China response, deems Beijing ‘most dangerous foreign threat’ since WWII
Republican presidential candidate Nikki Haley said President Biden continues to “dither” on the Chinese threat, calling it the greatest to the United States since World War II.
US considering new restrictions on AI chip exports to China – WSJ
The United States is considering new restrictions on exports of artificial intelligence chips to China, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares of Nvidia and Advanced Micro Devices…
‘What’s A Uyghur?’: GOP Presidential Candidate Unaware Of Tortured Ethnic Group In China
Miami Mayor Francis Suarez asked conservative radio host Hugh Hewitt if he was talking about “a Weeble,” a children’s roly-poly toy.
Haley’s Rx on China, why Assange must be freed and other commentary
The hour is late,” but “if we rally now, the Chinese Communist Party will end up on the ash-heap of history, like the Soviet Communist Party before it,” Nikki Haley writes.
Tech war: strong demand in China for advanced chips used on AI projects creates growing market for smuggled Nvidia GPUs, despite US ban
The high demand for smuggled graphics processing units underscores how China lacks strong alternative suppliers that can deliver products to rival those from Nvidia.
China’s local governments inflated revenue by $12 billion through phony property sales
Dozens of regions sold state-owned assets and land to themselves last year, according to an audit by the central government.
What Does the Palestinians’ Pivot to China Mean for the U.S. and Israel? | Opinion
The cold reception of U.S. Secretary of State Anthony Blinken in China this month contrasted sharply with the warm embrace received by Palestinian leader Mahmoud Abbas only a few days earlier.
Nikki Haley takes aim at Trump’s record on China in foreign policy speech
Former South Carolina Gov. Nikki Haley said that the Chinese military was “stronger” at the end of Donald Trump’s presidency and accused the former president of being “singularly focused” on trade …
AiXin Life International Seeks $7 Million U.S. IPO
Summary AiXin Life International has filed proposed terms for a $7 million U.S. IPO.The firm sells vitamins and other supplements for the Chinese market.AIXN has produced uneven results, has …
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