The Department of Defense’s new report on China’s military posture examines the country’s escalating coercion campaign against Taiwan in recent years, taking the form of military drills, including a simulated blockade, ballistic missile overflights, and…
Monthly Archives For October 2023
China’s tech titans race to invest $340M in OpenAI challenger
It’s become increasingly evident that two parallel AI universes are forming between the U.S. and China. While the U.S. has spawned notable players like OpenAI and Anthropic, China has its own emerging …
Analysis: US chip curbs give Huawei a chance to fill the Nvidia void in China
U.S. measures to limit the export of advanced artificial intelligence (AI) chips to China may create an opening for Huawei Technologies [RIC:RIC:HWT.UL] to expand in its $7 billion home market as the …
China’s Sept soybean imports from Brazil rise 23% from a year ago
BEIJING, Oct 20 (Reuters) – China’s soybean imports from Brazil rose in September by 23% from a year earlier, data showed on Friday, after a huge crop produced by the South American nation this year…
Metro Brands to copy Fila’s success model in China to rebuild the brand
The company said that this was an important step in building the brand image as it believed the existing inventory did not serve the taste of the brand image. Footwear retailer, Metro Brands said that…
Alibaba, Tencent among investors in China’s rival to OpenAI with $341 million funding
Zhipu’s statement about its investors comes at a time when the technology battle between the U.S. and China continues to ramp up with artificial intelligence front and center.
China says US accusation of ‘risky’ aerial intercepts politically motivated
China’s defence ministry said on Friday that a U.S. Department of Defense statement accusing its military of “risky and coercive” aerial intercepts was a premeditated smear on China with ulterior political motives.
Bitmain’s revenge, Hong Kong’s crypto rollercoaster: Asia Express
Retribution is swift as Bitmain fires employees for speaking out against salary cuts. Meanwhile, the crypto landscape in Hong Kong is worsening.
China’s birth rate crisis is so intense that Nestlé is closing a baby formula plant due to dwindling demand
Nestlé’s operations in Askeaton, Ireland, will be moved to China and Switzerland, as falling births in China dent baby formula demand.
China’s bank assets surge
Assets of China’s banking institutions surged 9.5 percent year-on-year to reach 409.8 trillion yuan ($56.01 trillion) as of the end of September, the National Financial Regulatory Administration said …
China’s Belt And Road Rescue Lending Soars [Infographic]
China’s development loans have less favorable conditions than those of other available sources, for example the IMF, the World Bank or Paris Club countries. This includes higher interest rates and …
ASML CEO: one more tool hit by US export rules, China demand seen strong
The chief executive of Dutch semiconductor equipment maker ASML Holding NV said on Wednesday one more of its products falls under new export restrictions rules announced by the U.S. this week. At a press conference…
Necessary China chip restrictions won’t overly hurt US firms
The Biden administration has announced new regulations on trade in the most advanced semiconductor technologies.
