Internal ICBC documents show the Chinese financial giant wrote loss-making or marginal loans to major Australian miners as a way of deepening the relationship.
Posts By admin
China rejects AI slowdown calls as Trump dismisses guardrails
Despite echoing calls for regulation from AI industry leaders, Trump has said the U.S. must prioritize winning the global AI race.
China pushes back on calls for an AI slowdown as Trump-Xi meeting looms
Beijing’s foreign ministry and state security chief rejected calls by U.S. tech executives to slow AI development, saying the proposals aimed to harm China.
China also thinks AI could kill us. But first, it wants to match the US
Beijing sees a battle with America for technology supremacy.
China bristles at Anthropic CEO’s ‘fearmongering’ about its AI development
China’s Ministry of Foreign Affairs on Monday hit back at a call from the head of Anthropic for the U.S. to curb China’s artificial intelligence capabilities, which he issued as he argued for a global…
China’s DeepSeek hires dealmaker as CFO ahead of possible IPO
Sept 14 (Reuters) – DeepSeek plans to hire Yan Wentao, a partner at venture-capital firm GL Ventures, as its first chief financial officer, two people with knowledge of the matter said, as the Chinese …
China’s tutoring crackdown has created a new black market
For this had been a raid on a most dangerous scourge: an after-school tutoring centre. Heaven forfend children study even more maths! Across China, authorities have staged similar raids. Inspection teams in Inner Mongolia and…
China first half apparel sales – behind the growth, a sharper bifurcation
China’s listed apparel companies are revealing a market increasingly divided between brands with pricing power and those still fighting for relevance. Growth is concentrating, margins are diverging …
Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave
Supply chain stress and transit detours boost China’s shipbuilding orders, setting stage for Cosco Shipping Heavy Industry’s listing.
Beijing hits back at calls to curb China’s AI development
China’s Ministry of Foreign Affairs has hit back at a call from the head of Anthropic for the U.S. to curb China’s artificial intelligence capabilities
China to impose no-fly zone over Beijing after light aircraft crashed into city’s tallest tower
BEIJING, Sept 14 (Reuters) – China will impose a no-fly zone over its capital and tighten a citywide drone ban, state media reports showed, months after a small aircraft crashed into Beijing’s tallest building in…
China dismisses AI slowdown calls and blasts ‘fearmongering’ from US tech leaders
Urgent calls for a slowdown in the development of artificial intelligence may cite a grave threat to humanity, but China says the warnings are instead aimed at slowing its progress as America’s rival …
Tourism and technology may hold key to boosting China’s public image in the US
Survey by Sun Yat-sen University team also concludes that many people believe the country has played a positive role on the world stage China could improve its image in the United States by …