SINGAPORE – November’s COP29 United Nations climate talks in Azerbaijan must have a new global agreement on climate finance or risk setting back the green transition, China’s top climate official said …
Monthly Archives For June 2024
Xi’s Bet on Manufacturing Capacity Can Still Pay Off for China
President Xi Jinping is doubling down on China’s manufacturing capacity to enhance its global power, at the expense of needed reforms. The post Xi’s Bet on Manufacturing Capacity Can Still Pay Off for …
China welcomes US dairy firms expanding in the country, vice minister says
China welcomes dairy companies from all countries, including the U.S., to expand their business in the Chinese market, Vice Minister of Commerce Wang Shouwen said on Tuesday. Wang made the remarks when meeting with U.
Indian steel exports struggle against China’s ultra-cheap shipments
According to a report by BigMint, export prices of hot-rolled coil coming from China have fallen to $520 per tonne from $525 per tonne within a week, piling pressure on global steel prices. Indian export…
China Brand Fair 2024 kicks off in Budapest
The China Brand Fair 2024 recently kicked off in Budapest, capital of Hungary, which aims to help Chinese brands better expand into Central and Eastern Europe. Conforming to the Belt and Road …
US probing China Telecom, China Mobile over internet, cloud risks
The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns the firms could exploit access to American data through their U.S. cloud and internet businesses by …
White House concerned that personal data of US citizens could be passed to China
The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns the firms could exploit access to American data through their U.S. cloud and internet businesses by providing it to Beijing, three…
Beijing’s envoy calls on South Korea to protect its workers after fire kills 17 Chinese
China’s ambassador to South Korea has asked for a thorough investigation and urged businesses to “safeguard the lives and health” of Chinese citizens after a factory fire on Monday killed 17 Chinese …
Russia Dealt Payments Blow by Top China Bank
One of China’s top lenders has dealt Russia’s economy a significant blow by suspending transactions with Russian banks sanctioned by the U.S. over the invasion of Ukraine, according to Russian media.
China’s ‘combat’ tax operations rattle firms already under pressure amid economic slowdown
Reports in China on the opening of a series of joint task forces between police and tax authorities have rattled already weak business confidence amid concerns over the economic outlook.
China’s public sector accelerates AI adoption in 2024 as Zhipu and iFlyTek emerge as winners
Large Chinese firms have accelerated their pace of adopting artificial intelligence (AI) this year, with the number of related contracts surging in the first half, government data show. The number of …
OpenAI to block access to AI technology for China and other regions
ChatGPT maker OpenAI plans to block access to the technology used to build artificial intelligence products for entities in China and several other countries.
US envoy lashes out at China in rare move, says Beijing not a ‘confident government’
China is actively undermining relations with the U.S. despite claiming to want normalized relations in meetings with President Biden, an ambassador said.
