The technology war between the United States and China, with the Netherlands and Japan involved, is set to intensify further. We will know which are the 8 companies on S&P 500 that would be hurt…
Monthly Archives For October 2023
EU opens anti-subsidy probe into Chinese electric car imports
The European Commission said it has gathered ‘sufficient evidence’ that imports of Chinese electric vehicles (EV) posed an economic threat to the bloc.
Hongqi H5 Is China’s BMW 5 Series Competitor Based On Mazda6 Platform
China’s automotive industry has matured significantly since the years when it was only producing cheap copycats of vehicles from foreign manufacturers to the present day. There are genuinely good …
The decentralised social media ‘super app’ of Elon Musk’s dreams already exists, with growing interest in China
An enthusiastic group of pro bono programmers strewn across the globe, including in Hong Kong, are building the open source, crypto-focused super app of Elon Musk’s dreams – but without the app. For …
Youngkin takes $2M from TikTok investor despite app ban, China warnings
Ron DeSantis. Along with banning that app and China-linked WeChat, Youngkin opposed other Chinese-related business deals ranging from a Ford plant to farmland sales. In a news release, House Minority …
China’s property crisis: Evergrande’s woes threaten recovery
China’s second-largest real estate developer is close to bankruptcy, leaving millions of property investors nursing heavy losses. A day earlier, news agency Bloomberg reported that the company’s CEO, …
Hong Kong crypto VC opens $100M fund for Asian blockchain startups
The crypto fund, named Titan Fund … Jebsen Capital and Animoca Brands founder Yat Siu, the South China Morning Post reported. Titan Fund will concentrate on investments in three key areas namely …
Beijing Fourth Paradigm to price Hong Kong IPO at low end of range, source says
SYDNEY, Sept 21 (Reuters) – Chinese artificial intelligence startup Beijing Fourth Paradigm is set to price its … Fourth Paradigm is selling 18.4 million shares in the IPO and had flagged a price …
The U.S. Isn’t Ready for the New Age of AI-Fueled Disinformation—But China Is
Thanks to generative AI, the impact of China’s social media manipulation will be both greater in volume and more convincing …
Asia’s edge isn’t just cheap labor, whether it’s China, India or Japan, KKR says
That investment conclusion comes after a trip to the region by New York-based Henry H. McVey, KKR’s head of global macro and asset allocation.
Why China’s young people are quitting their jobs and throwing ‘resignation parties’
Liang resigned from his banking job in China’s Zhejiang province, his friends threw a party and congratulated him by beating gongs and drums, in an echo of traditional marriage rituals.
China’s Real Estate Crisis Has No Easy Fix—Just Ask Chinese Soccer Fans
China’s soccer ambitions were built on the same real-estate bubble that 30% of the national GDP and four-fifths of household wealth are invested in.
China’s telecom sector posts stable growth in Jan-Aug
China’s telecommunication industry saw steady expansion from January to August, driven by emerging businesses, according to official data. This was reported by The Xinhua News Agency. The combined …