At a study session of the Politburo five years ago, President Xi Jinping said artificial intelligence (AI) was a strategic priority and that China must occupy the “commanding heights” in core AI …
Monthly Archives For December 2023
Arthur Cyr: President Biden’s sensible step regarding China
Washington should overtly emulate that style, especially after the disruptive, erratic character of U.S. foreign relations during the rocky Trump regime.
‘China’s economic recovery is still at a critical stage,’ says President Xi Jinping
“At present, the country’s economic recovery is still at a critical stage,” Xi said at a meeting of China’s Communist Party Politburo
China Can’t Shake Deflation
The weak inflation figures add to a run of signals suggesting that China’s economy is losing momentum again after modest interest-rate cuts and other small stimulus steps drove a pickup in growth in …
China LandSpace’s methane-powered rocket sends satellites into orbit
A rocket developed by LandSpace Technology on Saturday launched three satellites into orbit, a milestone in the Chinese private rocket startup’s mission to test whether its vehicle using methane and …
Canada Expands Probe of Asia Multilateral Bank
The AIIB was launched in 2016 to counter Western dominance of the World Bank and the International Monetary Fund …
Weekends in Shenzhen: Hong Kong economy hit by neighbor’s growing allure
SHENZHEN, China — Residents of Hong Kong are flocking to the neighboring mainland city of Shenzhen to shop, dine and spend their weekends, posing a new challenge for their own city’s economic …
China’s consumer prices fall fastest in 3 years, factory-gate deflation deepens
China’s consumer prices fell the fastest in three years in November, while factory-gate deflation deepened, suggesting heightening deflationary pressure as weak domestic demand casts doubts over the economic recovery.
China makes rare nighttime show of force near Taiwan
Tensions between the US and China are rising in the South China Sea as Taiwan looks on at the latest regional stand off. CNN’s Will Ripley reports.
US bars imports from 3 more Chinese companies over Uyghur forced labor
The United States restricted imports from three more Chinese companies, including COFCO Sugar Holding, over forced labor practices involving Uyghurs and other minorities in China, the U.S. government …
China LandSpace’s methane-powered rocket sends satellites into orbit -state media
A rocket developed by LandSpace Technology on Saturday launched three satellites into orbit, state media said, a milestone in the Chinese private rocket startup’s mission to test whether its vehicle …
New Singapore-China visa-free travel agreement draws mixed reactions; experts don’t foresee influx of Chinese tourists
Travelling to visit his family back in Dalian and Hainan in China during the throes of Covid-19 restrictions in 2020 and 2021 was a “massive hassle to deal with”, said 27-year-old Xu Yuchuan.
‘Full Banking Collapse’: China Worries Pile Up As Hedge Funder Sounds Alarm
One hedge funder, Kyle Bass, said China was experiencing a “full banking system collapse” in a recent post on X. Bass, who is the CIO of Hayman Capital Management, linked to a recent Reuters article…