Country Garden Holdings and Logan Group also made sharp gains, following the former’s $22.5 million bond coupon payments made Tuesday.
Monthly Archives For September 2023
Harris slams China’s new map as ‘a violation of the law’
Vice President Kamala Harris slammed China’s new national map that lays claim to most of the South China Sea, calling it a “violation of the law.”
Buy ‘BAT’ – CLSA gives three stocks to bet on China in the global AI race
CLSA thinks China could emerge as the second-largest artificial intelligence market, and the firm is eyeing a tranche of stocks to play the growth. In a Tuesday research note, CLSA analysts led by managing director…
The Download: how to talk to kids about AI, and China’s emotional chatbots
In a knee-jerk reaction, some schools banned the technology—only to cancel the ban months later. Now that many adults have caught up with what ChatGPT is, schools have started exploring ways to use AI systems…
Arm Holdings IPO: SoftBank’s Chip Maker Could Go Public As Soon As Next Week
With concerns about the smartphone market and its exposure to China, Arm has a potential uphill battle to achieve its valuation.
What’s going on with China’s shadow banking system?
A version of this story first appeared in CNN Business’ Before the Bell newsletter … They’re only lightly regulated and are a hugely important part of the financial sector in China. These …
China’s ‘father of EVs’ urges cooperation to scale up
China’s industrial policy adviser and ‘father of EVs’ Wan Gang said efficient batteries, better EV architectures and intelligent driving systems were key to scaling up EVs, calling for international collaboration on research and standards.
CIFTIS: Beijing targets higher-level opening-up in industries, factors of production
After years of efforts to advance trade in services and develop its free trade zone, Beijing municipal authorities are now making greater strides to boost openness in various industries, streamline …
Why China’s slowdown is a ‘top risk’ for the US economy
EY’s team of economists also acknowledge that the US economy’s direct trade exposure to China is “rather small.” But “a potential tightening in global financial conditions associated with a ‘China …
iPhones banned for China government officials at work
China has prohibited the use of Apple’s iPhone for officials at work, mirroring the US’ banning of Chinese-owned TikTik on government devices.
Video captures China-linked California biolab’s major safety issues: Dirt, bugs, dried blood and more
A Chinese-linked biolab in California was shown to have unsanitary conditions throughout the warehouse including bugs, stains, and other poor conditions. See video here.
China completely bans use of iPhone for government business
In a move made ostensibly for security reasons, China has mandated that central government office workers not use the iPhone for work, nor bring it into the building at all.
Analysis: For foreign envoys in China, Xi’s G20 absence confirms worrying trend
For several foreign diplomats based in China, the news that President Xi Jinping will not attend the G20 summit in India this week has confirmed a worrying trend: Beijing is shutting off to the West…