The public release of a handful of AI video generators from big companies and start-ups aims to show how the country is narrowing the gap with the US when it comes to the technology. But…
Monthly Archives For August 2024
California Democrats fear US tech firm ‘death spiral’ with more China curbs
WASHINGTON, Aug 14 (Reuters) – California Democrats are calling on the Biden administration to freeze reported plans to impose fresh restrictions on U.S. technology exports to China, arguing …
What is behind China’s perplexing bond-market intervention?
M any governments live in fear of bond-market “vigilantes”, investors who punish errant policies by aggressively selling the sovereign’s debt, driving down its price and thereby pushing up its yield.
Fort Campbell soldier accused of selling US military information to China
This defendant sold national defense information to a foreign actor and conspired to corrupt other members of our military,” said U.S. Attorney Henry C. Leventis.
The US should beware of regulation as retribution
While the US will not become China, there is a real risk that what legal scholar Angela Zhang calls “Chinese antitrust exceptionalism” — where fear of antitrust retribution and state media shaming …
‘Ghost’ railway stations prompt questions on China’s rapid expansion of high-speed network
There are 26 decommissioned high-speed stations scattered across China, abandoned due to their remote locations and low passenger volume.
China’s latest blockbuster casts rare, harsh light on gig economy
One of the biggest movies to hit China’s cinemas this summer tackles several of its biggest economic pain points: an uncertain job market, downward mobility and the hardscrabble life of millions …
China’s steel industry in trouble as property market woes hit demand
Areas like consumer appliances and shipbuilding are expanding but are relatively too small to offset the impact of the property market on China’s economy.(Vivek Prakash/Bloomberg) China’s steel …
China’s population decline is having a big impact as marriages, diamond sales, and retail spending drop
Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what was recorded a decade ago, government data shows.
China changes tariff rules for Kazakh wheat, causing an export halt
Wheat woes will hit Kazakhstan during the second half of 2024. A projected overabundance of the country’s chief agricultural export commodity is expected to keep prices down. Compounding the …
Trump Criticizes US Bitcoin Sales, Calls For National Cryptocurrency Stockpile: ‘If We Don’t Do It, China’s Doing It’
Trump supports crypto, criticizes US gov’t for selling Bitcoin. Believes US should build reserves to compete with China and stabilize debt. Former President Donald Trump has once again voiced his …
Carlsberg focused on “affordable premium” beers in China to address weak consumer sentiment, says CEO
Carlsberg’s CEO said the group is honing in on more “affordable premium” beer brands in China to help consumers “trade down a bit”.
China’s Neighbor Cracks Down on Flood of Cheap Imports
Thailand is taking another step to protect its entrepreneurs after complaints of illegal trade practices by foreign businesses.
