By Josh Ye and Urvi Manoj Dugar (Reuters) -At least three Chinese tech firms including Baidu, Baichuan Intelligent Technology and Zhipu AI are on Thursday launching artificial intelligence (AI) …
Monthly Archives For August 2023
China Central Bank Meets With Private Firms, Pledges Funding
The People’s Bank of China met with lenders and private businesses on Wednesday, pledging to improve their access to funding in an effort to boost economic growth. Most Read from BloombergUS Health Of …
Prime Minister Kishida vows support for fishers amid China’s seafood imports ban
Japan’s Prime Minister Kishida Fumio has visited a wholesale market in Tokyo and vowed to draw up support measures for those affected by China’s suspension of Japanese seafood imports.
Country Garden: Debt crisis-hit China property giant in record loss
Country Garden, one of China’s biggest property developers, has become the latest real estate giant to warn that it could default on its debts. This came as the crisis-hit company reported a record $6.7bn (£5.2bn)…
China’s Baidu rolls out ChatGPT rival to public
China’s Baidu rolled out its ChatGPT rival ERNIE Bot to the public on Thursday, in a major leap for the country’s tech sector as it aims to cash in on the global artificial intelligence gold…
China factory activity contracts for fifth straight month in August
China’s factory activity contracted for a fifth straight month in August, official data showed on Thursday, as pressure mounts on Beijing to offer more policy support to bolster its sluggish economy.The official manufacturing purchasing managers’…
China Drops COVID-19 Testing Policy for International Arrivals
China had one of the strictest COVID-19-related border policies in the world, only ending its strict “zero COVID” policy in December.
Laura: Biden administration and Beijing are BFFs
Laura Ingraham ripped into the Biden administration as it continues to show more deference to the CCP than the GOP, according to “The Ingraham Angle” host.
China’s New Map Claims Swathes of Neighboring Territory
As India prepares to host the G20 summit in New Delhi, China has published a new map that includes part of its territory from its neighbor
China’s factory activity shrinks for 5th month, maintains pressure for policy support
China’s manufacturing activity contracted for a fifth straight month in August, but at a slower than expected pace, an official factory survey showed on Thursday, maintaining pressure on Beijing to step up policy support for…
China Is Speeding Up Infrastructure Bond Sales to Boost Spending
China’s local governments are accelerating the pace of borrowing for infrastructure investment, a move that could help lift economic growth while also putting pressure on financial markets. Most Read …
Embattled Chinese real estate developer Country Garden warns of more bad news—a possible default—as China’s economy teeters on the brink
Country Garden posted a record first-half loss of almost $7 billion and warned it may default on its debt, underscoring how China’s deepening real estate slump has battered one of its former property …
Raimondo Revives China Business Talks But Delivers No Deals
US Commerce Secretary Gina Raimondo won a promise to revive business talks between Washington and Beijing, a key step as both sides look to ease tensions. But American firms were left wondering if …
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