In comparison, government credits for new EVs in China averaged $13,860 in 2018 and just under $4,800 in 2023. Though this is less than the current $7,500 under the IRA, the lesser amount reflects the…
Monthly Archives For July 2024
Covid-19 still kills 1,700 people each week, says WHO
Four years since the start of the pandemic, the virus mostly affects at-risk groups like health workers and people over 60.
Beijing to keep close watch on tariffs from Jakarta
Beijing said on Thursday it will closely follow potential safeguard duties that Jakarta might impose on specific products, adding that it will work with Jakarta to uphold a free and open international trade order.
Japan warns of rising tension over China’s military drills near Taiwan
Japan warned on Friday that China risked escalating tension with Taiwan with an increase in military exercises that appeared aimed in part at readying Beijing’s forces for a possible invasion of the democratically governed island.
US lawmakers raise worries about China in Microsoft deal with Emirati AI firm
Republican lawmakers asked the Biden administration for an intelligence assessment of Microsoft’s $1.5 billion investment in UAE-based artificial intelligence firm G42 over concerns about transfer of sensitive technology and G42’s historic ties to China.
L&P Cosmetic eyes renewed IPO push: chairman
L&P Cosmetic will decide whether to revive its efforts for an initial public offering (IPO) around the end of 2025, nearly a decade after halting its previous plan due to the unexpected ‘China shock,’ …
China ramps up opening up efforts to attract foreign firms
China has recently ramped up efforts to attract foreign investment, underscoring its commitment to opening up its vast market to global companies. WOOING FOREIGN INVESTMENT. The g …
China cracks down on short sales, quants
China took some of its most extreme steps yet to restrict short selling and quantitative trading strategies, seeking to support the nation’s sliding stock market as a closely-watched economic policy …
Beijing slams Biden for extending US’ ‘emergency status’ of Hong Kong
Under terms of the order, Hong Kong no longer receives special economic treatment, nor can sensitive technology be exported to the city.
China says NATO poses ‘enormous danger’ after alliance labels it an ‘enabler’ of Russia’s war
After it was labeled a “decisive enabler” of the war in Ukraine, China accused NATO of posing an “enormous danger” as divisions between the West and authoritarian regimes mount.
Kansas researcher wins reversal of conviction in Trump-era China probe
A U.S. appeals court on Thursday tossed a University of Kansas professor’s conviction for making a false statement related to work he was doing in China, marking the latest setback for the U.S.
US has ‘persecutory delusion,’ Beijing says after Joe Biden renews ’emergency status’ for Hong Kong
Beijing’s foreign ministry office in Hong Kong has accused the US of “persecutory delusion” after Washington extended the city’s “emergency status,” citing “recent actions” taken by China. The Commissioner’s Office of China’s Foreign Ministry in…
China files the most GenAI patents; India has highest average filing growth rate
The top 10 GenAI patent applicants are: Tencent (2,074 inventions), Ping An Insurance (1,564 inventions), Baidu (1,234 inventions), Chinese Academy of Sciences (607), IBM (601), Alibaba Group (571), Samsung Electronics (468), Alphabet (443), ByteDance (418),…
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