China has introduced guidelines that bar the the use of US processors from AMD and Intel in government computers and servers.
Monthly Archives For March 2024
China wants to ‘welcome’ Apple to invest more in the country
Tim Cook’s visit to China underlines Apple’s commitment amid declining sales. Strategic meetings with Chinese officials reinforce long-term investment …
China and foreign CEOs dance ever trickier tango
Beijing is awash with dance partners this week as CEOs of 100 or so multinational giants such as Apple and AMD gathered for the two-day China Development Forum. It’s being held, though, as both sides…
Has China Lost Its Taste for the iPhone?
Apple has deep ties in the country, its second-largest market. But there are signs that Chinese consumers are becoming a harder sell.
Philippines summons China envoy over standoff, dares Beijing to seek arbitration
The Philippines summoned China’s envoy on Monday to protest against “aggressive actions” in the South China Sea at the weekend, as Manila’s defence minister dared Beijing to bolster its vast …
PIMCO Says China’s Central Bank May Cut Interest Rates by Around 20 Bps in First Half
The People’s Bank of China will probably trim interest rates one or two times in the first six months, reducing them by about 20 basis points in total, as the country’s monetary policy remains …
China faces ‘fork in the road,’ IMF chief says, urging Beijing to embark on pro-market reforms
China’s economy can grow far faster if it adopts a comprehensive package of pro-market reforms, according to IMF Managing Director Kristalina Georgieva.
Former Taiwan president Ma to make second trip to China
Former Taiwan president Ma Ying-jeou will make his second trip to China next month, leading a group of students on an 11-day journey to visit locations including Beijing, his office said on Monday, at …
China’s construction for Indonesia’s new capital Nusantara to lead growing overseas city-building portfolio
“I’m not surprised that China will invest a lot in Indonesia, including [Nusantara], because the Indonesian minister of investment has said that doing business with China is easy and they are not …
China vows to treat foreign firms equally amid industrial upgrade push
China pledged on Monday to treat foreign companies the same way as domestic peers in a bid to attract more foreign investment, cooperation and expertise, as Asia’s largest economy moves to upgrade and …
How Guizhou’s computing power will drive fresh growth
The scale of China’s core computing power industry reached 1.8 trillion yuan ($250 billion) in 2022, said the China Academy of Information and Communications Technology, a think tank. Every yuan …
Yuan rebounds as China central bank sends strong message of support via fixing
Support for the yuan is vital for its stability this year with the Chinese economy still facing a slew of woes. Read more at straitstimes.com.
China’s finance minister sets 2024 priorities for high-quality development
China has set its deficit-to-GDP ratio at 3 percent for 2024, which means 4.06 trillion yuan (about $572 billion) in deficit, according to this year’s government work report. This figure is 180 …
