Like hundreds of millions of other workers in China, Hao Zeyu, an algorithm engineer at an electric vehicle maker, is getting five days off this week for the Labor Day holiday. But he’s in no…
Monthly Archives For May 2024
China Has a Controversial Plan for Brain-Computer Interfaces
China’s brain-computer interface technology is catching up to the US. But it envisions a very different use case: cognitive enhancement.
China’s Crypto Caution Casts Shadow On Hong Kong ETF Enthusiasm
The cautious crypto stance from the Chinese regulators has cast a shadow amid the optimism surrounding Hong Kong’s ETF launch, raising regulatory concerns in the market.
HSBC CEO To Step Down After Almost Five Years at the Helm of the Banking Giant
HSBC Holdings’ (HSBC) shares rose Tuesday after the London-based bank surprised the market and said its group chief executive (CEO), Noel Quinn, was stepping down after nearly five years at the helm.
Top Chinese COVID-19 scientist protests lab eviction
The Chinese scientist widely credited with being the first to sequence the COVID-19 virus’s genome claimed to have been “evicted” from his Shanghai lab.
China’s exports to Mexico are getting heavier tariffs – is it a sign of more to come?
With new tariffs being imposed by Mexico on most Chinese imports, observers and analysts disagree on whether stricter measures are being considered – but most say pressure from the US is at play.
Founder of Binance, World’s Largest Crypto Firm, Sentenced to Four Months
SEATTLE—Billionaire Changpeng Zhao, founder of Binance, the world’s biggest crypto exchange, was sentenced Tuesday to four months in prison, a lighter punishment than requested by prosecutors who hoped to send a message about crime in…
Judge Sentences Founder of Binance, the Largest Crypto Firm, to Four Months in Jail
S EATTLE—Billionaire Changpeng Zhao, founder of the world’s biggest crypto exchange, was sentenced Tuesday in a Seattle federal court to four months in jail. “You had a responsibility to comply with United States regulations. Not…
KFC, Pizza Hut’s China owner plans stores in country’s ‘untapped’ smaller cities as consumers tighten belts amid slowing economy
Yum China Holdings, which owns the KFC and Pizza Hut restaurant chains in mainland China, plans to open more stores in ‘untapped’ parts of the country where it hopes its low-price strategy will appeal to…
TikTok, Tesla Show US-China Battle Over Data Is Just Beginning
The US push to ban TikTok marks a new phase in its approach to data security that could eventually impact everything from electric vehicles to health care, reshaping trade relations between the world’s biggest economies.
Shenzhou XVII astronauts arrive in Beijing
On Tuesday, Shenzhou XVII’s return capsule, carrying astronauts Tang Hongbo, Tang Shengjie and Jiang Xinlin, touched down at the Dongfeng landing site in north China’s Inner Mongolia Autonomous Region …
In message to China, G7 urges others to help climate finance: ‘join us in this direction’
G7 ministers said on Tuesday that efforts to raise money to help poorer countries adapt to climate change should include countries “capable of contributing”, in a message aimed at China.
US labor official calls on companies to exit China’s Xinjiang
International companies cannot responsibly operate in Xinjiang and should leave the western Chinese region due to forced labor concerns, a U.S. Labor Department official said on Tuesday. The U.S.
ADVERTISEMENT
