The Chinese government “has never and will never” require companies or individuals to collect data for or provide data to it in a way that violates the law, China’s foreign ministry said on Friday.
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China denies requiring companies, individuals to give data in unlawful manner
PBOC and BOE Governors Discuss Financial Cooperation in Beijing
Pan Gongsheng, Governor of the People’s Bank of China (PBOC), met with Andrew Bailey, Governor of the Bank of England (BOE), in Beijing. The discussions focused on financial stability and cooperation …
NVIDIA’s new GeForce RTX 5090D for China has restricted AI, crypto-mining perforrmance
China GeForce RTX 5090D graphics card has multiple new restrictions: stops AI use and cryptomining, RTX 5090D a dead end in China.
Morgan Lewis Closes Shenzhen Office Less Than Two Years After Launch
Morgan Lewis & Bockius’ Shenzhen office, launched less than two years ago, has ceased operations. The firm’s former Shenzhen head and intellectual property partner, Shaobin Zhu, left in November to join DLA Piper in the…
China’s fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.
China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
China has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting Beijing’s target of “around 5%” growth …
China’s thermal power rises in 2024, defying expectations of coal peaking
China’s mostly coal-powered thermal generation ticked up 1.5% in 2024, official data showed on Friday, defying expectations that coal generation was peaking, although growth slowed to the lowest in …
China’s economy meets official growth ambitions, but many feel a downturn
China’s economy grew 5% last year, matching the government’s target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its …
China’s economy meets official growth target, but many feel a downturn
China’s economy matched the government’s ambitions for 5% growth last year, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to…
China’s steep barriers for IPOs come with serious economic costs
Within days of its $4.4 billion IPO on the New York Stock Exchange last June, the Chinese ride-hailing giant Didi Global got sideswiped. Regulators in Beijing forced the firm to remove its apps from …
China Vanke CEO’s reported detention intensifies property sector woe
Concern over China’s embattled property sector has deepened after state media reported the detention of China Vanke’s chief executive and said authorities are overseeing operations, sending the …
China economy expands 5.4% y/y in Q4, beating market forecast
China’s economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt confidence…
China says its vice president Han Zheng will be attending Trump’s inauguration
Han’s attendance marks a first for the two countries. Foreign heads of state usually do not attend US presidential inaugurations.
