Beijing unveiled an action plan to drive high-quality growth in the tourism industry on Thursday during a conference, aiming at building the capital into a world-class tourism city and a global …
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Beijing unveils tourism action plan
Huawei staff arrives at new mega-campus, hub of China’s tech drive
The sprawling research and development complex is set to play an important role in the nation’s push towards self-reliance Huawei Technologies has opened a massive campus in a suburb of Shanghai, which serves as a…
Biden makes clear AI can’t launch nukes as he looks to harness new technology’s power
President Joe Biden on Thursday ordered his national security agencies to harness new, powerful artificial intelligence technology in a bid to compete with rivals such as China while also applying guardrails to prevent its use…
Jaishankar stresses need to respect border agreements amid Beijing’s silence on LAC patrolling pact
Meanwhile, in Delhi, Defence Minister Rajnath Singh said broad consensus had been achieved following talks between the two countries to “restore the ground situation”, including patrolling and grazing …
Trump says China’s leader will bully Harris ‘like a baby’
Donald Trump has said China’s leader would handle Vice President Kamala Harris “like a baby” if she’s elected to the White House …
How China is trying to win back foreign tourists
The government is also trying to kick-start the economy—and wants foreign tourists to help. In 2019 their spending accounted for 0.5% of GDP in China, compared with 0.9% in Japan, 1.1% in America and …
China Fiscal Pack Insufficient to Curb Deflation Risks, IMF Says
China’s recent barrage of fiscal measures fall short of what’s needed to address deflationary risks plaguing the world’s second-largest economy, according to one senior International Monetary Fund …
Still cringing about your first internship? At least you didn’t try to sabotage an AI project from one of China’s biggest tech firms
You may have already heard a rumour-mill version of this story, something along the lines of, ‘intern injects malicious code into AI model, sabotaging 8000 GPUs and causing ByteDance to lose tens of …
HSBC splits up bank amid growing tensions between China and the West
HSBC has unveiled a sweeping overhaul of its bank separating its UK division from its Asia business amid growing geopolitical tensions between China and the West. The lender on Tuesday announced that …
China going after down-ballot races: report reveals which lawmakers are in their crosshairs
U.S. adversaries are ramping up their election interference efforts, and China is going after anti-CCP down-ballot Republicans, according to a new report by Microsoft.
Gold’s Future Depends Crucially on China
Gold prices are being driven by demand in Asia, and savers in East Asia are only too aware of risks stemming from the China-US economic war.
China Gold Imports Slump as New Tax Rule Looms
Gold traders divert shipments from China as proposed customs rule threatens hefty new taxes on imports. September volumes hit 6-month low. Peru copper supplies at risk …
$1.80 dinners and budget clothes? The spread of frugality is hurting China’s economy
“This is so economical,” she marveled over a $1.80 dinner. “They also included fried chicken.” Other accounts tout $8 gym memberships and the merits of waiting for sales at fast-fashion clothing …
