Think tank warns that US pre-emptive actions are not enough to combat China’s chipmaking tools, AI processors, and quantum tech investment.
Monthly Archives For February 2024
China’s whitelist strategy unlocks billions in loans for residential development
Over 8,200 housing initiatives have received development loan matches from five national Chinese banks through a “whitelist” strategy designed to inject liquidity into the beleaguered property market, …
China Is Munching Toward a Fast Food Revolution
Millions of Chinese are increasingly echewing Western chains for local ones that serve Xinzhongshi, or “New Chinese Style.” …
China Evergrande’s liquidators prepare to sue PwC over audits, FT reports
The liquidators of property developer China Evergrande are preparing for a potential lawsuit against its auditor PricewaterhouseCoopers (PwC), the Financial Times reported on Saturday, citing people …
China’s rate cuts hold key to recovery —experts
China needs further monetary accommodation to reinforce the recent signs of a recovery in demand, with more interest rate cuts needed in order to ease corporate financing burdens and household …
China’s Wang Yi held ‘constructive’ talks with Blinken in Munich – Chinese foreign ministry
China’s Foreign Minister Wang Yi discussed lifting sanctions against Chinese companies and individuals in a meeting with U.S. Secretary of State Antony Blinken at the Munich Security Conference, the …
Taiwanese AI Expert Warns of China’s Dominance in Information Warfare While U.S. Lags Behind
A prominent Taiwanese AI expert, Ethan Tu, has sounded the alarm on China’s burgeoning prowess in information warfare, claiming it is shaping American public opinion online while the U.S. fails to …
China Development Bank issues over 40 bln yuan of mid, long-term loans for logistics sector in 2023
China Development Bank (CDB) said it had issued over 40 billion yuan (about 5.63 billion U.S. dollars) of medium and long-term loans in 2023 for the logistics sector. These funds are mainly aimed at …
Can the Greater Bay Area lure foreign investors? Beijing wants Hong Kong to draw international capital into region, but global firms still hazy about benefits
Capital has been flowing into the bay area, but questions linger about its appeal to investors Geopolitics, tensions between the West and China have affected the bay area’s ability to perform better …
Mexico: Has It Displaced China As The New Star Of Offshoring?
Mexico has overtaken China as the top exporter to the U.S In the face of U.S. regulatory hostility and unreliable Chinese policies, exporters are spreading their bets.
Chinese start-up EmdoorVR counts on Apple Vision Pro lookalike to break into consumer headset market
The Vision SE, launched by Chinese headset maker EmdoorVR and nicknamed ‘Huaqiangbei Vision Pro’ on social media, sells for US$280 Established in 2015 as a contract manufacturer, EmdoorVR is breaking …
Researchers Must Be Wise to China’s Exploitation of Data, US Official Says
A Congressional hearing sought answers on the Biden administration’s efforts to protect American research from Chinese government agents.
China rolled out a new measure of youth unemployment. It shows the nation’s labor market is still a mess, think tank says
China released a revised youth unemployment figure after not publishing data since June 2023. The new metric excludes students. December’s youth unemployment stood at 14.9%. But this is still above …