The serious breach of telecommunications companies has affected “probably now about 10 or 12” firms, two people familiar with the investigation said.
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White House forms emergency team to deal with China espionage hack
Hedge Fund Up 800% in Seven Years Buys Dip in China Tech Stocks
A top-performing Chinese hedge fund is buying the dip in Hong Kong-listed China technology stocks, saying valuations remain cheap even after their strong rally this year.
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Total computing power in China accounted for 26 per cent of the world’s total as of June, trailing only the US, but CPU usage rates are low China’s rush to build a nationwide network of…
Global tech cooperation key to tackling cross-border challenges: Josephine Teo in China
The minister was speaking at the Lianhe Zaobao Singapore-China Forum in Suzhou. Read more at straitstimes.com.
Catherine Thorbecke: China hasn’t destroyed its tech sector. It’s sharpened it
It’s easy for U.S. policymakers to see this with vindication and yet more evidence of a superior tech landscape at home. And from their vantage point, they are correct: President Xi Jinping strangled …
Turkey imposes duties on China, Russia, India, Japan steel imports
Turkey has imposed anti-dumping duties on some steel imports from China, Russia, India and Japan, according to a decision published in the Official Gazette on Friday, with the highest tariffs on Chinese imports.
Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement
Cryptocurrencies sharply rebounded on Friday from the previous day’s lows with bitcoin {{BTC}} retaking $63,000 as investors quickly shrugged off …
U.S. investigating China-backed hack of telecom companies. Here’s what to know.
Authorities are investigating a cyberattack linked to China-backed hackers that targeted major U.S. telecommunications companies and systems used for intelligence collection.
Are prospects for China’s exporters picking up on eve of Canton Fair?
Buyers from emerging markets are gradually becoming the main players at the Canton Fair, replacing those from Europe and the US. The share of exports to countries involved in China’s Belt and Road Initiative trade…
Europe’s EV Policy Toward China Might Backfire
Nonetheless, the move is a mistake, and not simply because EU exporters will suffer from China’s tit-for-tat response. The duties will make EVs less affordable, especially for low-income buyers, undermining the EU’s own decarbonization targets.…
Beijing has finally opened the chequebook to save China’s flagging economy. It may be too late
A fortnight ago, Beijing finally pulled out the bazooka with a plan to cut interest rates, bolster bank liquidity to inject more cash into the economy, and relax rules around property investment.
‘God Bless the USA Bible’, reportedly made in China, has become synonymous with Trump
Donald Trump has crticized trade arrangements with China, but Bibles he has promoted were made there. The Bibles were in Oklahoma controversy.
China Mengniu Dairy vice chair leaves business
Jeffrey Minfang Lu was CEO of Mengniu from 2016 up until March this year when he was succeeded by company executive Gao Fei.
