China’s leadership has been cracking down on the powerful IT sector for years. A meeting in Beijing indicates a shift — but not for everyone.
FINANCE
Xi Jinping seizes DeepSeek moment to restore China tech chiefs to spotlight
State media on Monday showed the Chinese president warmly greeting Liang Wenfeng, the youthful chief of artificial intelligence start-up DeepSeek, and shaking hands with Jack Ma, the Alibaba founder …
China’s Sany Heavy Industry aims to raise up to $1.5 billion in planned Hong Kong listing, sources say
By Kane Wu HONG KONG (Reuters) -Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to $1.5 billion, two people familiar with the matter said on Tuesday.
Stock market today: Asia stocks mostly up as China’s technology stocks rally
Shares in Asia were mostly up Tuesday, with Chinese technology stocks surging after Chinese President Xi Jinping met with entrepreneurs this week in what is seen as a show of support to the technology …
BHP sees ‘early signs’ of China recovery as falling commodity prices hit revenue
BHP demand is lifted by “early signs of recovery in China, resilient economic performance in the U.S. and strong growth in India,” said CEO Mike Henry.
China May Delay Tesla Full Self-Driving Approval In Latest Fallout From Musk-Trump Ties
China may use Tesla FSD approval as a bargaining chip amid President Trump’s trade war, the Financial Times reported. EV rivals are stepping up their driver-assist systems.
China May Delay Tesla Full Self-Driving Approval As Trump Trade War Bargaining Chip
China may use Tesla FSD approval as a bargaining chip amid President Trump’s trade war, the Financial Times reported. EV rivals are stepping up their driver-assist systems.
Could Musk’s ties to President Trump be delaying Tesla’s FSD approval in China?
Tesla is facing potential delays in securing regulatory approval for its Full Self-Driving (FSD) technology in China, as the company gets caught in the escalating US-China trade war. Despite earlier …
China May Delay Tesla Full Self-Driving Approval Amid Trump Trade War
China may use Tesla FSD approval as a bargaining chip amid President Trump’s trade war, the Financial Times reported. EV rivals are stepping up their driver-assist systems.
China says U.S. has ‘gravely backpedaled’ on Taiwan by cutting anti-independence statement
Taiwan and China split in 1949 during the civil war that brought the communists to power in China. Taiwan has its own government and military but has never declared formal independence from China.
China’s Xi meets with business leaders, including Alibaba co-founder Jack Ma, to boost economy
China’s President Xi Jinping met with private sector business leaders on Monday, state media reported, as government officials work to revive an economy disrupted by a pandemic, regulatory crackdowns …
Beijing steps up financial ‘master plan’ with major asset reshuffle
China is moving to create a group of world-class investment banks through a round of industry consolidation, analysts say.
China’s central bank says the yuan could save global economy
China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s Bank of China (PBOC) Governor Pan Gongsheng told global leaders at the AlUla …
