Elon Musk, the billionaire tasked with slashing U.S. federal government spending, took to the stage at a conservative conference outside Washington on Thursday with a gift from Argentina’s libertarian …
NEWS
China’s Self-Defeating Strategy
China’s armed forces are changing quickly. Over the last 15 years, Beijing has devoted significant resources to developing a military that can project power abroad. It now has three aircraft carriers …
Exclusive: Abrdn to launch China asset management venture with Citic unit, sources say
Abrdn is in advanced talks with Citic Bank to launch an asset management joint venture in China, two people with knowledge of the matter said, as the British firm looks to bolster its presence in…
China backs Trump’s Ukraine peace bid at G20 as US allies rally behind Zelenskiy
China came out in support of U.S. President Donald Trump’s bid to strike a deal with Russia to end the war in Ukraine, at a G20 meeting in South Africa on Thursday, while U.S. allies…
China’s CATL to deepen battery R&D cooperation with Volkswagen
CATL has signed a strategic cooperation MOU with Volkswagen to deepen partnership in battery R&D, new materials application and components development, the Chinese electric vehicle battery giant said …
Shenzhen Futian launches its first cohort of 70 DeepSeek-powered AI ‘employees’
Following the launch of DeepSeek, the Futian District Government in Shenzhen, China, has pioneered the deployment of its first cohort of 70 AI digital ‘employees’ to assist with administrative tasks …
Huawei founder told Xi China’s concerns about lack of chips have eased, state media says
Huawei’s founder told Xi Jinping at a meeting the Chinese president held with private sector entrepreneurs that concerns China had about a lack of homegrown chips or operating systems had eased, …
Chinese team finds new bat coronavirus that could infect humans via same route as Covid
Research was led by Shi Zhengli, a virologist known as the ‘batwoman’, who is best known for her work on coronaviruses at a lab in Wuhan.
Businesses weigh the cost of moving supply chains out of China as Trump’s new tariff takes effect
The Trump administration’s tariffs on goods imported from China have left businesses wondering if they should move their supply chains elsewhere.
China backs ‘recent consensus’ reached by US, Russia on Ukraine war, minister says
Chinese Foreign Minister Wang Yi on Thursday told a Group of 20 meeting in South Africa that “China supports all efforts conducive to peace (in Ukraine), including the recent consensus achieved by the …
Hasbro says it’s taking steps to offset China tariff effects
Hasbro Chief Financial Officer Gina Goetter said on the company’s fourth-quarter earnings call that the toymaker’s 2025 guidance—which includes adjusted EBITDA of $1.1 billion t …
AI job boom in China after DeepSeek’s success, but not enough skilled talent to fill demand
By 2030, China’s demand for AI professionals is expected to reach six million but the domestic pool can provide only one-third of the necessary talent, leaving a shortage of about four million workers …
In China, Financial Stress Stalks Hospitals and Bankruptcies Soar
Still recovering from heavy spending during the pandemic, hospitals are squeezed by a slumping economy and government efforts to curb health care spending.
