South Korean soccer star Son Jun-ho, who was detained in China for allegedly accepting bribes, has recently returned home, the country’s Ministry of Foreign Affairs said in a statement on Monday.
Monthly Archives For March 2024
China bans Intel, AMD, and Microsoft purchases for government PCs
Microsoft is predicted to see a minimal hit in response to this news (the Chinese government unveiled an official home-grown Linux variant last year), but China drives tens of billions in sales for …
China’s economy shows no signs of recovery – IMF has a suggestion
The economic engine of China, once roaring, seems to be sputtering these days. The International Monetary Fund (IMF) chief, Kristalina Georgieva, threw down …
China officials are reportedly pushing banks to rush loans to to cash-strapped real estate developers
Cash-strapped property developers may be getting a lifeline from banks as they approve loans faster, Reuters reported.
Britain blames China for cyberattacks on election commission, politicians
British Deputy Prime Minister Oliver Dowden will tell MPs on Monday that entities linked to the Chinese government were behind the alleged accessing of the personal details of 40 million U.K. voters.
Ant Pairs with Bank of Beijing to Reinforce Cooperation in AI, Big Data
Ant Group announced a strategic cooperation agreement with Bank of Beijing (601169.SH), under which the two companies will strengthen cooperation in the areas of artificial intelli… Ant Group …
Catch up on Asia’s top crypto stories of the week
Asia’s crypto scene has been buzzing with activity, packed with a mixture of warnings, regulatory shifts, and market dynamics that could give any crypto enthusiast a run for their money. This week, we …
China downplays risks ahead of Yellen visit
giving Beijing a chance to parse economic disputes with the United States as China looks to allay concerns from Western business groups over the country’s regulatory environment. — Republican Chair …
China’s brutal EV war forces BYD to cut starting price for its flagship Tesla Model 3 competitor
Despite speculation China’s price war is easing, Tesla’s troubles only grow as the Model 3 faces heightened pressure from a key rival.
Chinese FM says China imports zero soybeans from Paraguay; urges S.American nation to stand on right side of history
The Chinese Foreign Ministry on Monday refuted Paraguayan President Santiago Pena’s statement claiming that the country continues to export soybeans to China despite relations between Paraguay and the …
Wall Street Set To Open Weak Lower As Tech Feels China Chill: Analyst Says Stay Bullish ‘If And Until This Changes’
Major U.S. index futures edged lower on Monday, reflecting the cautious mood from last week’s close. The tech sector could face additional pressure due to China’s plan to phase out U.S. chipmakers …
Spotlight on Asia’s billions-dollar crypto market in latest report
The latest Chainanalysis crypto report is a wealth of information on crypto gainers in 2023 – especially on Asia.
China Deals Blow to US Tech Giants
China is set to implement a ban on United States-made microprocessors … The list of approved companies includes 18 processor manufacturers. These processor manufacturers utilize a mix of …
