Gov. Glenn Youngkin on Tuesday issued Executive Order 46, banning the use of China’s DeepSeek AI on state devices and state-run networks.
Monthly Archives For February 2025
From Alibaba to BYD: DeepSeek breakthrough fuels a tech stock rally in China
Chinese technology stocks have entered a bull market, with the Hang Seng Tech index surging more than 25% from its January low. The sharp rally follows a renewed wave of investor optimism, driven in …
Analysis-Is China’s state-funded stock revival plan pie in the sky?
As China directs its large financial institutions to help revive and rebalance a struggling stock market, analysts see merit in the plan but are sceptical it will stimulate a recovery. Beijing has …
China considers plan to help Vanke repay $6.8 billion debt, Bloomberg News reports
Chinese authorities are considering a plan to assist China Vanke in covering a funding shortfall of about 50 billion yuan ($6.84 billion) this year, enabling the property developer to repay its public …
Trump wants China to play a role in peace in Ukraine. Is Xi Jinping willing to help?
As the war in Ukraine grinds toward its fourth year, US President Donald Trump has made clear which world leader he thinks can help America end the conflict: Vladimir Putin’s ally Xi Jinping.
Exclusive-China’s record mergers in $8 trillion small banking sector raise future risks
(Reuters) -China oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but analysts say Beijing’s efforts to tackle risks in the small banking sector …
China’s Central Bank Buys More Gold as Prices Hit Record
China’s central bank expanded its gold reserves for a third month in January, even as the precious metal kept rallying to a record high.
China mulls $6.8 billion funding plan to help Vanke repay debt, Bloomberg News reports
Chinese authorities are working on a proposal to help China Vanke plug a funding gap of about 50 billion yuan ($6.84 billion) this year, Bloomberg reported on Wednesday, citing people familiar with …
China Says Wuhan Institute Was Not Involved in Creating COVID-19 Virus
BEIJING (Reuters) – The Wuhan Institute of Virology was not involved in the creation or leakage of the COVID-19 virus, a spokesperson of China’s foreign ministry said during a regular press conference …
{Hot Stocks}CHINA UNICOM(00762) quoted at HK$7.88, up 3%
ET Net News Agency, 12 February 2025] CHINA UNICOM (00762) rose 3% to HK$7.88. It hits an intra-day high of HK$7.88, and an intra-day low of HK$7.54. The total shares traded was 32.81 million, with…
Public outrage as highway workers cook, eat dog that escapes from pet boarding centre
Surveillance footage shows 2 highway patrol officers taking dog to office kitchen, where it was cooked, shared among 8 workers.
Trump wants China to play a role in peace in Ukraine. Is Beijing willing to help?
As the war in Ukraine grinds toward its fourth year, US President Donald Trump has made clear which world leader he thinks can help America end the conflict: Vladimir Putin’s ally Xi Jinping.
China’s purchases of chipmaking equipment to decline in 2025, consultancy says
China’s purchases of chipmaking equipment are set to decline this year after three years of growth, as the industry grapples with overcapacity and faces greater constraints from U.S. sanctions, a …
