A U.S. official had told ABC News that Musk was expected to attend a meeting with the Joint Chiefs of Staff that, among its topics, would touch on China.
Monthly Archives For March 2025
China Misses Deadline for Update on Plane-Crash Probe
Delays in investigation of what led to 2022 China Eastern disaster have frustrated families.
Canadian arm of China’s largest bank repeatedly broke money-laundering rules despite multiple warnings from regulators
Confidential documents show Industrial and Commercial Bank of China (Canada) failed to fix problems with its anti-money laundering and anti-terrorist financing controls despite successive orders from …
China’s banks cautiously adopt AI as state pushes DeepSeek rollout
While it has not been pushed as hard as in other industries, bank adoption of DeepSeek has begun, with Chinese media reporting as many as 20 banks using the AI. These include state-owned banks giants…
Musk has ‘no business’ in Pentagon, Dems say amid report he’d get top secret China briefing
While the New York Times reported that Musk was set to receive details about a potential China conflict, the Pentagon and White House pushed back and said Musk’s briefing wouldn’t cover China.
Tech war: Huawei-related chip equipment maker to debut products at Shanghai trade show
SiCarrier, a chip tool maker backed by the Shenzhen government, will launch new products at the three-day Semicon China exhibition.
Elon and Trump debunk NYT story about DOGE strategizing on war with China, promise prosecutions
Donald Trump and Elon Musk both went off on Thursday night after The New York Times published a story claiming Elon was heading to the Pentagon for a classified meeting about war with China.
Trump sharply denies Musk China briefing, citing business conflicts
President Trump on Friday denied that his administration would show billionaire Elon Musk details of the Pentagon’s planning for a potential war with China, citing Musk’s various business dealings …
AstraZeneca to build $2.5B research hub in Beijing
AstraZeneca plans to build a $2.5 billion research and development center in Beijing, the Britain-based multinational pharmaceutical announced Friday.
China’s central bank says to guide financial institutions to increase credit supply
BEIJING, March 21 (Xinhua) — The People’s Bank of China (PBOC) said Friday it would maintain ample liquidity in the financial system while guiding financial institutions to increase credit supply, …
Eyeing China threat, Trump announces Boeing wins contract for secretive future fighter jet
WASHINGTON (AP) — President Donald Trump announced Friday that Boeing will build the Air Force’s future fighter jet, which the Pentagon says will have stealth and penetration capabilities that far exceed those of its current…
Meituan joins China’s AI spending race, says investing ‘billions’ in chips
Wang Xing, CEO of China’s largest food delivery firm Meituan , said on Friday in a post-earnings call that the company is pouring “billions” into chips used to train AI models, with more investment planned…
China’s central bank says it will boost forex market resilience
China’s central bank will cut banks’ reserve requirement ratio and interest rates at the “appropriate time” and strengthen the resilience of its forex market, it said on Friday during a quarterly …
