China pledged to boost spending and drive research into cutting-edge chips and artificial intelligence in its latest five-year targets, laying out a technological blueprint to vie for global influence … ( read original story …)
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China to Pour Money Into Chips, AI and 5G in Push to Catch U.S.
China says 2021 outlook ‘quite grave’ for govt revenue, expenditure
The outlook for China’s government revenue and expenditure this year is “quite grave”, the finance ministry said on Friday in its annual budget report. ( read original story …)
China’s Defense Budget Climbs 6.8% as Economy Recovers
China projected defense spending growth of 6.8% this year, the largest increase in two years, amid tensions with the U.S. and key neighbors. ( read original story …)
China sets economic-growth target of 6%, aims to be more self-reliant on tech
China’s top economic official announced a healthy growth target for the nation and its plans to become a more self-reliant technology leader amid tension with Washington and Europe over trade, Hong … ( read original…
China sets GDP growth target of over 6% in 2021
Beijing is looking to rebound from the coronavirus pandemic after dropping growth targets last year. It plans to become more self-reliant in technology. ( read original story …)
Next China: How Beijing Plans to Win the Tech War
It’s been clear for some time that the U.S.-China rivalry will be in large part a contest over technology. What’s become more apparent recently is how each side thinks it can win. ( read original…
China restores GDP growth target after economic rebound
China on Friday set a modest annual economic growth target, at above 6%, and pledged to create more jobs in cities than last year, as the world’s second-biggest economy emerged from a year disrupted ……
From the cryptocurrency space to investing in China, J.P. Morgan’s Joyce Chang gives her outlook
J.P. Morgan’s chair of global research gives her perspective as the global economy tries to recover from the Covid-19 pandemic. ( read original story …)
China to steadily establish registration-based IPO system
China will steadily advance the reform to establish a registration-based IPO system, according to a government work report submitted Friday to the national legislature for deliberation. Enditem … ( read original story …)
China announces slight uptick in defense spending by 6.8% amid high government debt, coronavirus pandemic impact
China announces slight uptick in defense spending by 6.8% amid high government debt, coronavirus pandemic impact. ( read original story …)
Will buying India’s BrahMos missiles give the Philippines an edge in South China Sea dispute with Beijing?
Manila’s planned acquisition of the world’s fastest supersonic cruise missiles from India would boost the Philippine armed forces’ ability to defend coastal areas amid an ongoing dispute with Beijing … ( read original story …)
Ban Ki-moon asked to act on complaint against Beijing Games
Former U.N. Secretary-General Ban Ki-moon is being asked to rule on an ethics complaint filed against the International Olympic Committee by a human-rights group representing Uyghurs and … ( read original story …)
Two Sessions: China dodged a recession in 2020. Now it needs to pick up the pace of GDP growth
China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now it says it needs to pick up the pace this year. ( read original story…
