(Reuters) – The Cyberspace Administration of China aims to create a system that will force companies to gain a licence before they can release generative artificial intelligence systems, the Financial …
Monthly Archives For July 2023
DOJ indicts missing man who claims to have provided FBI with info on Biden family’s China business dealings
Gal Luft, who claims to have provided the FBI and DOJ with information on the Biden family’s business dealings in China, has been charged with failing to register as a foreign agent.
Biden Bets High-Level Diplomacy Can Cool Fiery Relations With China
President Biden hopes the diplomatic trips this summer by his aides lead to frank talks with Xi Jinping and other Chinese officials before the 2024 U.S. elections.
Stress Is Building in China’s $12 Trillion Onshore Credit Market
The chairman of the country’s second-largest builder, China Vanke Co., called the housing market “worse than expected” as he joined a chorus of voices darkening on the sector. June sales among the 100 …
China inflation: 3 takeaways as deflation risk rose in June
China’s consumer price index (CPI) hit its lowest growth reading since February 2021 in June, while the producer price index (PPI) reached its lowest point since December 2015, data released on Monday …
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again.
Solomon Islands leader visits Beijing, highlighting the U.S.-China rivalry in South Pacific
The Solomon Islands has been China’s biggest success in a campaign to expand its presence in the South Pacific.
China has a new foreign relations law. Here’s what it means for business
Two new laws, one on espionage and the other on foreign relations, took effect July 1. In strictly legal terms, the legislative changes don’t increase the risk for foreign businesses in China, said …
Jim Cramer says investors should focus less on how China affects American stocks
CNBC’s Jim Cramer said investors should not invest in American companies based solely on their business in China.
China is making brain weapons to use on world leaders, entire populations: Report
China is reportedly designing advanced weaponry capable of disrupting brain function to influence government leaders.
China car sales shrink 2.9 percent in June as big-ticket spending falters
China’s passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on Monday, as a stumbling economic recovery made consumers more cautious about big-ticket …
GM cuts Lyriq EV price in China by 14% as market pressures intensify
General Motors Co on Monday cut the starting price for the Cadillac Lyriq in China by almost 14%, joining Volkswagen in a new round of electric vehicle price reductions in a market where global …
GM cuts Lyriq EV price in China by 14% after VW discounts
The Lyriq, a luxury crossover based on GM’s Ultium EV architecture, is now priced from 379,700 yuan ($52,466) from 439,700 yuan ($60,784) previously.
