Alibaba announces that Joseph C. Tsai, a co-founder of the Chinese e-commerce giant and current executive vice chairman, will take over as chairman.
Monthly Archives For June 2023
Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking
The risk-off mood is probably the market’s way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.
Blinken says he failed to revive military-to-military talks with China
U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military communication with China, despite hopes of reopening it.
‘Hell of a job’: Biden’s reaction and 5 other takeaways from Blinken’s trip to China
The U.S. president’s comments came after Blinken’s high-profile two-day mission to China, aimed at soothing strained ties with China.
Blinken Visit Reveals Chasm in How U.S. and China Perceive Rivalry
Xi Jinping and nationalistic Chinese see recent U.S. actions as an effort to contain another superpower rather than compete with it — and they’re pushing back.
Alibaba Cloud founder Wang Jian tells Hong Kong to aim for the skies in moonshot project with China’s space telescope, aspire to be world’s first digital city
Tech mogul suggests concept of ‘city brains’ – using technology to sustainably power a metropolis and digitalise it He says a ‘sky cloud’ project tied to China’s space mission could spawn other new technologies Hong…
Across China: 5G technology arrives in time for Tibetan antelopes’ breeding season in Hoh Xil
Situated at an average altitude of over 4,600 meters in the Sanjiangyuan National Park, the Hoh Xil Nature Reserve had long suffered from a lack of communication signals, except for the route along the Qinghai-Tibet…
Netherlands to soon roll out semiconductor export control measures to keep sensitive technology away from China: Report
As per VOA, the measures are likely to further restrict sales to China by Netherlands-based ASML, maker of the world’s most advanced chip-printing machines, which last year disclosed the “unauthorized misappropriation of data” by a…
The U.S.’s top diplomat follows Elon Musk, Jamie Dimon, and Bill Gates to Beijing
Beijing, meanwhile, seemed to have a different rationale for re-engaging with the U.S.: the need to steady its faltering post-COVID economic and address youth unemployment that’svover 20%. (Xi even …
China’s Premier Li Qiang will attend Paris Finance Summit – Foreign Ministry
China’s Premier Li Qiang will attend the Summit for a New Global Financing Pact in Paris, Mao Ning, a foreign ministry spokesperson, said at a regular press conference in Beijing on Tuesday.
Ex-China central bank deputy head arrested for suspected bribery
A former deputy governor of China’s central bank, Fan Yifei, has been arrested for suspected bribery, China’s top prosecutor said on Tuesday. Fan, 59, is the highest-ranking official at the People’s …
‘China’s party-state wants to silence any voice announcing bad financial news’
OP-ED. The Chinese authorities are tightening controls on financial reporting and trying to conceal local authorities’ colossal debts, notes legal expert Isabelle Feng.
China Imports Of Russian Oil Highest Since Ukraine Invasion: Data
Chinese imports of Russian oil last month hit their highest level since Moscow’s February 2022 invasion of Ukraine, Beijing’s customs data showed Tuesday.
