Gas-car sales in China dropped 39% in May from a year earlier.
Featured Posts Title
Beijing expands funding tools to support food security, rural modernization
Speech in China is in the deep freeze
China says it will pump $54 billion into banks and insurers — but their stocks still fell
Asia-Pacific Media Forum opens in Shenzhen, building a bridge of understanding and coexistence through media
Rare Beijing spy series highlights real-life intelligence drama with Taiwan
Ahead of Xi’s US visit, China’s soybean crushers face high costs, weak margins
China just pumped $54 billion into banks and insurers — but their stocks still fell
Recent Posts
China’s EV boom is moving so fast BYD says demand is now running at twice its supply
China’s real estate market faces regulatory scrutiny
WEI LIANG/CHINA NEWS SERVICE China’s real estate market will require close monitoring by policymakers, and if there is no marked improvement, stronger efforts to mitigate the credit risks of …
Ant Group to hike capital outlay for AI
A view of the booth of Ant Group during an expo in Beijing. HUANG YONG/FOR CHINA DAILY . Ant Group will step up investments in artificial intelligence and data elements in the nex …
Whose IPO strategy wins? Comparing blockbuster US IPOs like SpaceX to China’s ‘shotgun’ approach
Peter Alexander, Founder and Managing Director at Z-Ben Advisors, discusses the contrasting IPO strategies of the U.S. and China, whereby the former relies on massive IPOs like SpaceX for wealth …
China plans $295B investment in data center network to enhance AI capabilities
China plans to invest $295B over five years in a national AI data center network, requiring 80% domestic sourcing including Huawei chips amid US tech …
China Asks Big Banks to Curb Interbank Lending to Ease Cash Glut
China told big state-owned banks to reduce their lending in the interbank market, according to people familiar with the matter, in an effort to prevent borrowing costs from drifting too far below the …
China bars Teodoro, kin from entry, biz dealings
MANILA, Philippines — China on Thursday barred Defense Secretary Gilberto “Gibo” Teodoro Jr. and his immediate family from entering mainland China, Hong Kong and Macao and prohibiting Chinese entities …
Technology Becomes Most Targeted Industry as China-Nexus Adversaries Hunt AI
CrowdStrike says China-nexus hackers hit tech firms hardest to steal AI capabilities and close its innovation gap.
Beijing’s investment clampdown clouds outlook for Hong Kong banks, insurers
June 11 (Reuters) – China’s crackdown on cross-border investments is set to weigh on the lucrative businesses of banks, insurers and wealth managers in Hong Kong that tap into the riches of mainland …
China’s WuXi sues US over allegations it supports Beijing’s military
By Nikita Maria Jino, Kumar Tanishk and Jonathan Stempel June 11 (Reuters) – A Chinese biotechnology company sued the U.S. government on Thursday over being placed on a list of businesses from China …
‘Chip War’ Author Chris Miller Says China Has Been ‘Underspending’ On AI For Four Years: Beijing ‘Just Doesn’t Believe’ It Matters
Chris Miller, author of “Chip War,” says China’s spending on semiconductors and AI infrastructure suggests Beijing does not share the same sense of urgency around artificial general intelligence, or …
Beijing escalating AI espionage to catch up with the U.S. on tech, cybersecurity firm says
U.S. cybersecurity giant CrowdStrike said China-based entities made over half of state-sponsored cyberattacks on tech firms for artificial intelligence assets.
‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight
China has ramped up its space initiatives to compete with SpaceX’s ascent in the last three years, with some commercial space firms eying similar satellite and rocket launch goals.
