Baidu, Inc BIDU bagged a license from regulators to offer driverless ride-hailing services in Shenzhen. Its fleet of robotaxis, under the brand Apollo Go, can operate across an area of 188 square …
Recent Posts
A bungled response to reports of a China spy station in Cuba signifies Biden’s failed Beijing policy
China’s espionage base in Cuba fits into Beijing’s overall wartime strategy, targeting America, and exposing the Biden administration’s ineptitude at dealing with the China threat.
A Bank China Built to Challenge the Dollar Now Needs the Dollar
How Russia’s war in Ukraine paralyzed the Brics’s New Development Bank.
Canada’s Knee-Jerk Retreat From China Bank Shows Divided World
A single Tweet alleging Communist Party interference was all it took for Canada to freeze ties with a China-led development bank this week. The question now is whether the US and other allies will …
House Republicans might try to stop Biden’s order on China investments
The Biden administration is still weighing an executive order on U.S. investment in China, but some key Republicans worry its approach may be too broad.
China’s non-financial ODI rises
China’s non-financial outbound direct investment continued to register double-digit growth in the first five months of the year, the Ministry of Commerce said on Thursday. Domestic investors made …
China condemns EU Parliament’s resolution on Hong Kong’s shrinking freedoms
China’s Foreign Ministry has condemned a resolution passed by the European Parliament concerning Hong Kong’s shrinking rights to free speech …
China’s financial regulator vows to cut ‘blind spots’ and ‘build an iron wall’ as new body takes shape
China’s new regulator will strive to oversee all types of financial activities and will seek to eliminate regulatory “blind spots” and “build up an iron wall of financial security”, its …
China’s Cabinet Passes Plans to Step up Financing for Tech Companies – State Media
BEIJING (Reuters) – China’s cabinet met on Friday to discuss policy measures to promote economic improvements, according to state media, passing plans to step up financing support for technology companies.
Biggest Crypto Stablecoin Was Once Backed by Chinese Securities
Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, the world’s largest, documents released by New York’s Attorney General show.
China’s Xi tells Bill Gates he hopes US-China friendship will continue
Xi Jinping called Bill Gates “an old friend” and said he hoped they could carry out activities together beneficial to both China and the United States, in the Chinese president’s first meeting with a foreign…
Biden wanted to speak with China’s Xi after U.S. shot down surveillance balloon
Top national security advisers talked the president out of making a call, arguing the Chinese leader was too angry and it could “look like Biden is pleading for talks.”
China’s top naval scientist proposes a Star Wars-style ‘supership’ to convert nuclear energy to kinetic force weapons
Breakthroughs in electromagnetic launch technology pave the way for a nuclear-powered warship to carry rail gun, laser and high-powered microwave: Ma Weiming Researchers do not say when the supership will be built,