China relaxed rules governing cross-border data flows, addressing a key concern of foreign businesses that had complained previous regulations were disrupting their operations.
BUSINESS
Dutch PM to Meet China’s Xi as Chip Export Policy Strains Ties
AMSTERDAM (Reuters) – The Dutch prime minister will travel to Beijing next week for a meeting with Chinese President Xi Jinping on “economic ties”, the Dutch government said on Friday, a meeting …
Exclusive: China’s Leapmotor to start production of small EV in Polish Stellantis plant
China’s Leapmotor will start producing small electric cars at a Stellantis plant in Poland as part of a joint venture between the two carmakers, two people close to the matter told Reuters on Friday.
Apple held talks with China’s Baidu over AI for its devices, WSJ reports
Crypto exchange FTX said it expects to negotiate U.S. government claims in its bankruptcy down to $3 billion to $5 billion, leaving no money for shareholders and contradicting a “reckless and false” …
U.S. Falling Behind China in AI for Defense Logistics, Urgent Action Needed
U.S. military lags behind China in AI for defense logistics, risking national security. China invests more in AI for military logistics, giving them a strategic edge. Urgent action is needed from …
Coinbase Revealed To Be Backing BlackRock’s ‘$5 Trillion By 2030’ Crypto Game-Changer After Bitcoin, Ethereum And XRP Price Pump
Opinions expressed by Forbes Contributors are their own. I write about how bitcoin, crypto and blockchain can change the world. Before the Fed’s closely-watched announcement triggered a bitcoin price …
China boosts crude oil stockpiling, but higher prices may see import pullback
China boosted inventories of crude oil in the first two months of the year, a move that gives refiners options to trim imports in coming months if they deem prices have risen too high.
Exclusive: UK’s Legal & General shelves China business licence plan, cuts headcount, sources say
British insurer and asset manager Legal & General has shelved a plan to obtain a China business licence and more than halved onshore headcount, two sources said, joining a list of global financial …
Top Crypto Gainers on 21 March – ONDO and FLOKI
Over the past day, significant developments have emerged across various projects, ranging from fund launches to platform rollouts.
China sees rise of humanoid robots as ‘disruptive innovation’ that will spur economic growth
Just months old, the Beijing Humanoid Robot Innovation Centre says it will release a humanoid robot body soon, but core components still appear out of reach amid its tech war with the US.
Record 77 IPO Applications Were Withdrew, Canceled This Year Amid Tighter Regulatory Review
Moreover, the number of approved IPO applications fell this year. Since the beginning of January, only 26 companies completed their listings, down 50 percent from a year earlier, Wind data showed.
The Tea Shops Bubbling Up Hong Kong’s Anemic IPO Market
Hong Kong’s IPO market was once the biggest in the world. Now, its great hope is bubble tea with at least four Chinese stores that sell bubble tea preparing to go public in the city,…
Exclusive-UK’s Legal & General shelves China business license plan, cuts headcount, sources say
British insurer and asset manager Legal & General has shelved a plan to obtain a China business license and more than halved onshore headcount, two sources said, joining a list of global financial …
