One expert said it was “naïve American diplomacy” to think something fundamental between China and Russia had changed.
Recent Posts
China’s Central Bank Cuts Two Key Policy Rates
China’s central bank cut two key policy rates, signaling that the country’s benchmark lending rates will fall later this month.
PBOC Adviser Says China Urgently Needs to Boost Consumption
An adviser to China’s central bank says the top priority of policymakers needs to be stimulating household consumption, comments that come as an economic recovery falters.
Shenzhen hopes for hit with ‘electronic music bus’
In a bid to attract tourists and showcase its vibrant music scene, Shenzhen in Guangdong province will unveil its “electronic music bus” to the public next week.
China central bank cuts rates for second time in three months to support economy
China’s central bank unexpectedly cut key policy rates for the second time in three months on Tuesday, in a fresh sign that the authorities are ramping up monetary easing efforts to boost a sputtering economic…
China’s Livestreaming Attracts Young Hopefuls as Competition Grows
Despite the demanding schedule, Zhang is one of millions of young Chinese people, who are facing record youth unemployment of more than 21%, attempting to forge livestream sales success stories on platforms such as Alibaba’s…
New US China tech ban is not only about technology
Outbound capital heading east is the target of a White House executive order, along with expertise, as the US casts a wide net to protect national security.
Top Chinese EV maker BYD opts out of deal to use Baidu’s autonomous driving technology, sources say
BYD, the world’s largest EV maker, is looking to develop its own driver-assist technology, sources say While the Apollo self-driving unit remains a priority for Baidu, CEO Robin Li has shifted his …
China’s gold prices rising higher than rest of world due to import curbs
The swing to a premium is being driven by tighter supply in China, the World Gold Council said in a report last week.
A Crypto Mystery: Who Controls This Fast-Growing Stablecoin?
A $3 billion mystery is gripping the crypto market. TrueUSD is one of the fastest-growing stablecoins—cryptocurrencies pegged to real-world money such as the U.S. dollar that investors use to trade in …
‘China has disappointed’: These are the top markets and stocks to invest in, according to the pros
Investors have been fleeing China markets in favor of others for much of this year, fearing its weak economic recovery. CNBC takes a look at the alternatives.
Beijing Tries to Regulate China’s AI Sector Without Crushing It
Beijing is poised to implement sweeping new regulations for artificial intelligence services this week, trying to balance state control of the technology with enough support that its companies can …
Ramaswamy vows to defend Taiwan from China until US has ‘semiconductor independence’ in 2028
GOP hopeful Vivek Ramaswamy laid out his terms and conditions for the U.S. to defend Taiwan from China if elected president in 2024, something based on Taiwanese-made semiconductors.