The Biden administration is poised to announce a raft of new export controls aimed at slowing China’s development of advanced AI technologies.
Monthly Archives For October 2023
Lessons in live commerce: Getting started as a foreign brand in China
Jack Porteous of Samarkand Global and Jessie Han of Temple Spa shared their experiences with live commerce and tips for success at Ecommerce Expo 2023.
China’s Security Crackdown Forces Foreign Firms to Leave Hong Kong
Foreign companies exit China and Hong Kong due to security laws, resulting in a significant drop in employees.
ATIF Holdings Limited client Global Mofy Metaverse Limited, announces the pricing of IPO and Nasdaq listing
Global Mofy Metaverse Limited, has successfully listed on NASDAQ, which is the first Chinese company to be successfully listed on Nasdaq after the implementation of the China Securities Regulatory …
Biden to cut China off from more Nvidia chips, expand curbs to more countries
The Biden administration said on Tuesday it plans to halt shipments to China of more advanced artificial intelligence chips designed by Nvidia and others, part of a suite of measures aimed at stopping Beijing from…
Biden administration announces new restrictions on exporting AI chips to China
In August, Biden signed an executive order to impose restrictions on outbound investments into China’s semiconductor, artificial intelligence and quantum computing industry with the goal of preventing …
Binance CEO Reveals When Next Crypto Price Bull Run Could Hit After $27 Trillion Bitcoin, Ethereum, BNB And XRP Bombshell – Forbes
Bitcoin BTC , ethereum and other major cryptocurrencies, including BNB and XRP XRP , have been turbo-charged by $27 trillion worth of surprise Wall Street …
Matthew Lau: The numbers don’t lie — China’s crackdown is killing Hong Kong’s economy
Jimmy Lai, a renowned businessman and publisher, recently marked his 1,000th day as a political prisoner in a Hong Kong jail. A new survey by global recruiting firm Robert Walters finds that about …
China’s Belt and Road Initiative to get a hi-tech boost, with ‘wealth of opportunities’ promised for partners
Addressing hundreds of business representatives on Tuesday, Vice-Premier He Lifeng calls for greater investments in big data, AI, e-commerce and new energy Speaking at 10-year anniversary of the belt …
Corona man sentenced for scamming COVID unemployment benefits system
A Corona man was sentenced to six years in prison for running … but he has released on a $100,000 bond while he waited for his case to be completed. How China’s Belt and Road…
Exclusive-China tells banks to roll over local government debts as risks mount – sources
BEIJING (Reuters) -China has told state-owned banks to roll over existing local government debt with longer-term loans at lower interest rates, two sources with knowledge of the matter said, as part …
As Tensions Rise, U.S. Imports From China Shrink: The Kiplinger Letter
China now accounts for less than 13.5% of American imports from abroad. You hear a lot about “de-China-ization” — the push by U.S. businesses and by Washington, D.C. to rely less on China as tensions…
Wine o’ clock: Fast-paced Italian vibes with Shenzhen
Alessandro Mugnano bought 14th floor of an office building in Shenzhen as the venue for his company that imports Italian wine to China. It’s not because the number 14 carries any significance to him, …