US Treasury Secretary Janet Yellen is wrapping up her China visit by repeating her warning about overcapacity, especially in sectors including EVs and lithium batteries. Bloomberg Opinion columnist …
TECHNOLOGY
China’s schools use AI. Why don’t ours?
Artificial intelligence isn’t designed to replace humans, it’s supposed to augment them and give them new tools. It’s how the US will stay competitive with China — through education.
Analyst revises Nvidia stock price target on China update
The analysts said positive implications include supply chain feedback for Nvidia’s GB200 computer systems for networking. GB200 systems with average selling prices of $1.5 million to $2 million are …
Yellen Junks 200 Years of Economics to Block China Clean Tech
The Treasury secretary’s plan is a protectionist disaster that will impede the path to net zero.
China EV price war: Tesla rival Li Auto says cheapest model yet to ‘bring you happiness’, will launch next week
all of which use extended-range battery technology, have been well received by wealthy mainland families. The L7, currently Li Auto’s cheapest model, starts at 301,800 yuan. 03:11 Cheap EV alternative …
Politics Of Technology Between China And The West
For Beijing, technological innovation in new productive forces is necessary as the US de-risking policy aims to cut China out of its technology transfer. The US accuses China of serious intellectual …
The U.S.-China Trade Fight: Will We Be Flooded With Cheap EVs and Green Tech?
China’s burgeoning production of electric cars and other green … are building up a lot of capacity in many industries across the board, including these new technology sectors and if domestic demand …
Opinion • China is the new technology power. We should learn to just deal with it
Western governments are increasingly discussing banning Chinese technology and products to counter concerns over espionage. However, a general ban would run counter to Western economic principles.
China Allows 100% Financing Loans for Fuel, Electric Autos; Local Carmakers’ Shares Rise
Financial institutions can decide the loan ratio for self-use fuel and new energy cars based on borrowers’ credit and repayment ability, with the maximum ratio rising to up to 100 percent from 80 and …
Hong Kong’s HashKey crypto exchange launches global platform with aim of overtaking Coinbase in 5 years
Hong Kong’s biggest licensed cryptocurrency exchange operator has launched a global trading platform, but it is not available in the US or China.
Donald Trump’s China Tariff Push Could Slow Down Economy And Fuel Inflation, Goldman Sachs Cautions
Goldman Sachs has cautioned that presidential candidate Donald Trump‘s proposed China tariff plan could potentially impede U.S. economic growth and fuel inflation. What Happened: Goldman Sachs …
China’s Central Bank to Relend USD69.1 Billion for Technological Innovation, Technical Reform, Gear Renewal
A reloan with such an interest rate provides financial institutions with low-cost and steady funds and will guide them to issue more loans to innovative high-tech companies, Dong Ximiao, chief …
US treasury secretary Yellen warns China on military and economic fronts
The central purpose of the visit was to demand that China not use its capacities in the production of green technology products to undercut US corporations.
