China is ready to “promote the safe development of AI … including social media and video game companies as well as universities and telecommunications providers Get U-T Business in your inbox on Mondays Get ready…
Monthly Archives For November 2023
Russia, Iran, China likely to engage in new election interference efforts, Microsoft analysis finds
The analysis found Russia remains “the most committed and capable threat” to the upcoming 2024 American federal elections.
Stock market today: Asian shares mostly slip ahead of China-US meeting
Asian shares are mostly lower in muted trading as attention focuses on prospects for improved China-U.S. relations from meetings next week on the sidelines of a Pacific Rim summit.
Exclusive: China authorities ask Ping An to take controlling stake in Country Garden, sources say
Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden , the nation’s biggest private property developer, four people familiar with the plan said.
China’s ‘silver-haired’ investors exit the game with no one waiting in the wings
Though they look back fondly on the wild, rowdy early years of China’s retail investment, the country’s first-generation stock traders are leaving the market in droves with no one to replace them.
China’s truck industry is buying more driver-assist technology
China’s truck industry is finding more reasons to buy vehicles with assisted-driving technology. One broad transformation is that the trucking industry in China is changing from one in which …
US plans to build a $553 million terminal at Sri Lanka’s Colombo port in rivalry with China
The U.S. announced a $553- million project Wednesday to build a new, deep-water shipping container terminal in the Port of Colombo as it competes with China in international development financing. The …
China’s AECC Commercial Aircraft Engine may hold IPO under ownership reforms -media
China’s AECC Commercial Aircraft Engine is seeking to undergo mixed ownership reforms and will launch an initial public offering (IPO) in the future, state-backed Shanghai Securities News said on Wednesday,
China debt crisis: 8 cases of financial misconduct flagged as Beijing names and shames regions, banks
Local-level governments have amassed ‘hidden debt’ estimated at well over half of China’s annual GDP, and those that run afoul of rules are being called out Ministry of Finance says audits show state-owned banks also…
China Is Becoming a Problem for Investors
China has long been a source of stock-market optimism. Now it is turning into a reason for worry.
UPDATE 1-China warns against maritime ‘camp’ confrontations but stops short of naming US
China’s foreign minister, Wang Yi, said maritime disputes should be resolved through talks and warned against “camp” confrontations, but stopped short of naming the United States, days before an expected meeting between the countries’ leaders.
China expected to achieve 2023 GDP growth target -c.bank governor
China is scrambling to revive growth after a brief post-COVID-19 bounce faltered amid a protracted property market slump and local government debt risks. Economic indicators released on Tuesday showed …
Global asset managers bullish on China after policy shift
Economic policy shift in China and the investment opportunities it is creating are drivers for long-term bets in the country by global asset managers, top executives said on Wednesday. “China is the …