On the heels of TikTok’s looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called …
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Xiaohongshu (RedNote), China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown
China Dec new bank loans beat forecasts as government support kicks in
Chinese banks extended 990 billion yuan ($135 billion) in new yuan loans in December, up from November and outpacing analysts’ forecasts as government stimulus measures slowly spur credit demand.
China Battery Giant CATL’s Hong Kong Listing Plan Gathers Steam
Chinese electric vehicle battery giant CATL is pushing ahead with plans to list in Hong Kong, with banks reportedly vying for a deal expected to raise at least $5 billion.
Xiaohongshu, China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown
On the heels of TikTok’s looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called …
China’s Biggest Air Carrier Halts Flights to Moscow in Blow to Putin
China’s largest airline, China Southern Airlines, has suspended flights from Beijing to Moscow at the end of January, a surprise move that comes just ahead of the Chinese New Year. Newsweek reached …
China plans to build enormous solar array in space — and it could collect more energy in a year than ‘all the oil on Earth’
China has announced plans to build a giant solar power space station, which will be lifted into orbit piece by piece using the nation’s brand-new heavy lift rockets.
China’s SpacemiT develops 64-core RISC-V datacenter CPU — 12nm chip allegedly performs like a 10-year old Xen or Opteron but with higher core count
SpacemiT’s VitalStone V100 has 64-cores, but its single-thread performance is comparable to that of 2011 processors.
Philippines alarmed after China sends ‘monster ship’ to disputed shoal
The move comes against the backdrop of rising tension between the Philippines, a U.S. treaty ally, and Beijing.
China blacklists seven US firms for involvement in Taiwan arms sales
The Chinese commerce ministry said on Tuesday that it had added seven U.S. companies to its so-called “Unreliable Entity List” for their involvement in arms sales to Taiwan, which China regards as …
US must win AI race as China gains ground: ‘Lead is not as big as it once was,’ OpenAI exec warns
OpenAI Vice President of Global Affairs Chris Lehane stresses the importance of winning the A.I. race and describes how the U.S. can do so.
Beijing Promise, Bank of Japan Outlook Roil Asian Stock Markets
Asian stock markets were choppy on Tuesday, as traders weighed a promise from Beijing to assist equities, but also viewed odds for a rate hike from the Bank of Japan. Hong Kong and Shanghai gained,…
Telegram-linked TON blockchain to focus on US growth under Trump
Telegram-linked blockchain project, The Open Network (TON), is set to focus on growth in the United States under the incoming administration of US President-elect Donald Trump. The US is set to become …
Invest now in self-driving cars, AI and robotics — and avoid all crypto except bitcoin
For example, less U.S. immigration is a trend because that is clearly where the Trump administration will take the U.S. — even though immigration has been rising until now. My partner, Bryce Smith, …