The People’s Bank of China has changed the way commercial lenders set interest rates they charge on loans. That move is expected to make borrowing costs cheaper at a time when the Chinese economy ……
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‘You prepare for war’: how one U.S. firm tried escaping Trump’s China tariffs
HONG KONG (Reuters) – When Larry Sloven heard last year that U.S. tariffs threatened his China electronics business, he knew that setting up shop elsewhere would be a slog rather than an adventure. ( read…
Trump acknowledges China polices may mean US economic pain
WASHINGTON – President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they’re needed for more important long-term benefits. He … ( read original story …)
In accusing China of disinformation, Twitter and Facebook take on a role they’ve long rejected
China has enjoyed virtually unassailable control on social … “And it’s exporting both the technology and ideas information control to authoritarian regimes around the world.” The fake posts pushed … ( read original story …)
Don’t (But Sometimes Do) Underestimate China
But Shuli says China’s banks are too dysfunctional for collusion to work. Technology and media companies are setting truckloads of cash on fire to reshape in-home entertainment and (eventually, they … ( read original story…
Recycling ‘crisis’ leaves Cosmo Industries in the red after China’s crackdown on foreign waste
While China builds its own domestic market, foreign shippers are suffering financially without the return they used to rely on. “It’s an unprecedented attack on recycling,” said Ken Gryschuck, manager … ( read original story…
Goldman Sachs, China’s Ping An back artificial intelligence firm H20.ai
NEW YORK (Reuters) – Goldman Sachs Group Inc, China’s Ping An Global Voyager Fund and others have invested $72.5 million in H20.ai, a rapidly growing artificial intelligence startup, the … ( read original story …)
A worker at Britain’s consulate in Hong Kong went missing in China, and his girlfriend is blaming Beijing
Simon Cheng, an employee at the British consulate in Hong Kong, went missing during a business trip to mainland China. ( read original story …)
After Twitter and Facebook blame China for Hong Kong disinformation, government defends its right to online speech
China has enjoyed virtually unassailable control on social … as Chinese companies have become major domestic and global players in social media and other areas of advanced technology. For some … ( read original story…
The Technology 202: Facebook and Twitter’s action on accounts tied to China show disinformation is going global
Facebook and Twitter’s decision to crack down on fake accounts tied to China underscores how Silicon Valley’s disinformation challenges have gone global. It’s just the latest sign that more countries … ( read original story…
China Unicom releases 5G data package, the world’s cheapest
A customer uses her mobile phone outside an outlet of China Unicom in Yuncheng, Shanxi province. [Photo/Xinhua] China Unicom recently said in a press conference its 5G data packages will cost a … ( read…
No, China Isn’t Easing. It Just Has a New Benchmark
(Bloomberg Opinion) — As the financial world’s movers and shakers hunker down at Jackson Hole this weekend, one pressing question will be who’s next to cut interest rates. The People’s Bank of China … (…
China cries foul over Facebook, Twitter block of fake accounts
BEIJING (Reuters) – China said on Tuesday it had a right to put out its own views after Twitter and Facebook said they had dismantled a state-backed social media campaign originating in mainland … (…
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