Tencent Holdings Ltd. chief exploration officer David Wallerstein is leaving his management role, the company said, as the company struggles with China’s ongoing efforts to curb technology, …
Monthly Archives For December 2023
China’s BYD overtakes Tesla as world’s most popular electric vehicle maker
China’s BYD bills itself as the biggest car brand you’ve never heard of. It might need a different tagline soon.The automaker is poised to surpass …
China names new defense minister months after removing predecessor without explanation
China has named former naval commander Dong Jun as its new defense minister, two months after removing his predecessor Li Shangfu from the role without explanation following Li’s extended absence from …
China’s Stock Market Hit With Massive 87% Drop In Foreign Investment Amid Fears Of Slow Economic Growth, Says Report
China’s stock market recorded a staggering 87% fall in foreign investment in 2023, casting doubts on Beijing’s promise of rejuvenating the slow-paced growth. What Happened: A recent report from the …
China to focus on finance, tech and farms in 12-sector digital push for real economy by 2026
Aims set out in National Data Administration’s draft three-year plan include more than 20 per cent annual growth for the data industry and the doubling of data transactions by 2026.
China to improve fiscal policy effectiveness: officials
China will moderately expand fiscal spending while improving the efficiency and effectiveness of fiscal funds to boost domestic demand and economic development, the Ministry of Finance officials said.
Video Shows China’s Space Startup Testing Powerful New Rocket Engine
iSpace demonstrated its Hyperbola-2Y rocket in a launch and landing “hop test” on December 10 at the Jiuquan Satellite Launch Center in the deserts of China’s northern Inner Mongolia region. The test …
China Names Navy Veteran as Defense Minister After Ousting Li
China named navy veteran Dong Jun as its new defense minister, a move that could help restart top-level military talks with the US that had been restrained by Beijing’s delay in filling the post.Most …
Nvidia to launch slower version of its gaming chip in China to comply with U.S. export controls
Nvidia is set to launch a slower version of its RTX 4090 gaming processor in China in order to comply with U.S. export restrictions.
China fires back at U.S. sanctions
Beijing’s latest round of restrictions targets U.S.-based firms that gather open source data about business links to Xinjiang.
China ups the ante in bid to rival SpaceX’s Starlink as G60 megaconstellation satellite rolls off the production line in Shanghai
G60 Starlink project, along with the 13,000-satellite Guo Wang national network currently under construction, is widely seen as China’s answer to Elon Musk’s Starlink.
Inside the terrifying AI tech China is using to hunt for American spies in ‘new Cold War’
“For China in particular, exploiting the existing technology or trade secrets of others has become a popular shortcut encouraged by the government”, an expert said.
REFILE-China’s yuan leaps to seven-month high, but set for second yearly drop
China’s trade-weighted yuan basket index rose to 97.42 on Friday … We’ve Officially Entered the ‘Lunar Anthropocene’ ‘Always the BMWs’: This personal finance YouTuber can’t believe people go into …