Reports in China on the opening of a series of joint task forces between police and tax authorities have rattled already weak business confidence amid concerns over the economic outlook.
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Recent Posts
China’s ‘combat’ tax operations rattle firms already under pressure amid economic slowdown
China’s public sector accelerates AI adoption in 2024 as Zhipu and iFlyTek emerge as winners
Large Chinese firms have accelerated their pace of adopting artificial intelligence (AI) this year, with the number of related contracts surging in the first half, government data show. The number of …
OpenAI to block access to AI technology for China and other regions
ChatGPT maker OpenAI plans to block access to the technology used to build artificial intelligence products for entities in China and several other countries.
US envoy lashes out at China in rare move, says Beijing not a ‘confident government’
China is actively undermining relations with the U.S. despite claiming to want normalized relations in meetings with President Biden, an ambassador said.
U.S. Imports From China Plunging; Mexico, Near-Shoring, Not Big Winner
market share since former President Donald Trump first starting putting tariffs on imports from China in 2018. Mexico is not the prime beneficiary of tumbling U.S. imports from China, the so-called …
China’s premier slams trade tensions as electric vehicle exports hit by tariffs
Open markets and green technologies are vital for stabilising global growth, China’s premier said on Tuesday, while criticising trade tensions as he opened a conference in north-eastern China.Li Qiang …
Beijing Suspends Reservation System for Most Tourist Sites This Summer
In order to help revive the tourism industry, which was hit hard by the pandemic, Beijing has put the reservation system the city implemented for many of its major tourist attractions on hold for the…
Roundup: Beijing hosts promotional event in New York to celebrate sister city relationship
Beijing the capital city of China hosted a promotional event here on Monday for the locals in celebration of the sister city relationship establishe …
China warns against ‘vicious cycle’ of decoupling from the West
Chinese Premier Li Qiang has warned against a “vicious cycle” of economic decoupling from the West, as Beijing struggles to contain rising global pushback over soaring electric vehicle (EV) exports.
Morning Bid: Nvidia’s half trillion hiccup; Bitcoin, China slide
Before the generative AI fizz emerged over a year ago, Nvidia had long been driven by the crypto boom and the two areas may still be joined at the hip to some degree.
US investigates China Mobile, China Telecom, and China Unicom over data misuse concerns
The latest action reflects the administration’s ongoing approach to regulating Chinese companies that access sensitive data for business operations in the US.
OpenAI to cut access to tools for developers in China and other regions, Chinese state media says
BEIJING, June 25 (Reuters) – ChatGPT maker OpenAI is planning to block access to technology used to build artificial intelligence products for entities in China and some other countries, a Chinese …
Cisco is ‘very optimistic’ about its expanding business with China EVs
Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, Cisco’s Greater China head Ming Wong told CNBC. Chinese electric car companies have …
