China President Xi Jinping’s ideal of equal wealth distribution is resulting in luxury influencers getting restricted or banned.
Monthly Archives For May 2024
Apple’s China iPhone Shipments Up 52% as Rebound Gains Steam
Apple Inc.’s iPhone staged a rebound in China last month with shipments rising 52% amid a flurry of discounts from retail partners.
This Chinese Island Reveals How Beijing Plans to Challenge the U.S. Navy
China is expanding its naval bases on the tropical island of Hainan in the South China Sea. Defense analysts say the upgrades point to Beijing’s preparations for a possible conflict over Taiwan. Photo …
China’s latest round of domestic chipmaking funding raises $47 billion
According to Reuters, the state-backed China Integrated Circuit Industry Investment Fund reported that it’s raised funding to the tune of 344 billion yuan ($47.5 billion), which will be used to drive …
Shein’s Bid to Capture America Encounters Hurdles Amid U.S.-China Tensions
With plans to go public in New York, Shein’s ambitions were sky-high, anticipating one of the most significant IPOs in recent memory. Donald Tang, the company’s U.S.-based executive chairman, …
Top AI Experts Depart ByteDance and Kuaishou for New Opportunities Amid China’s Unicorn Boom
China’s tech industry has witnessed a significant shift as key artificial intelligence (AI) experts from major firms like ByteDance and Kuaishou Technology are leaving to start their own ventures. This trend underscores a burgeoning interest…
China’s military shows off rifle-toting robot dogs
It looks like something out of the dystopian show “Black Mirror,” but it’s just the latest adaptation of robotics for the modern battlefield.
Post-COVID, China is back in Africa and doubling down on minerals
China’s flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus, according to a Reuters analysis of lending, investment and trade …
China, Japan, South Korea meet in first trilateral summit since 2019; here’s 5 things to know
The last trilateral summit was held in Chengdu, China in December 2019, post which COVID-19 struck and the meeting was stalled, which was supposed to be an annual event.
China cashes in banking chips for tech drive
China is roping in financial blue-chips in a renewed push to achieve technological self-sufficiency. Six of the country’s biggest lenders have invested in Beijing’s third and largest semiconductor …
Tariffs on China: Trump was Dumb, Biden is Dumber
Japan’s recovery from the devastation of World War II was assisted by another war. Japanese manufacturers and the service industries around military bases …
China Calls for Red Sea Attacks on Civilian Ships to End
BEIJING (Reuters) – China called for attacks on civilian ships in the Red Sea to end and for safe navigation there, when China Foreign Minister Wang Yi met his Yemen counterpart in Beijing on Tuesday.…
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China Crypto Illegal latest news, photos, videos, breaking news, special reports, blogs, and updates from Business Insider India …
