Some say Beijing’s move is aimed at reducing dependence on a Western-dominated global payments system. Read more at straitstimes.com. Read more at straitstimes.com.
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From lottery draws to fiscal spending, China broadens digital yuan footprint
Hegseth tones down warnings about China but says US remains committed to Pacific security
SINGAPORE (AP) — U.S. Defense Secretary Pete Hegseth assured Pacific allies on Saturday that Washington remained committed to the region, but toned down previous comments calling China a threat.
Former California mayor admits secretly working for China, spreading Beijing propaganda in US
Former Southern California mayor Eileen Li Wang pleaded guilty to acting as an unregistered agent of China’s government, facing 10 years in prison.
China property crisis: Chinese mega cities loosen homebuying rules as aid spreads
(Bloomberg) — Three of China’s biggest cities have rolled out major easing for homebuyers, as local authorities follow through on the central government’s aid for the embattled property sector. Three …
China deal ignites Boeing’s financial afterburners
Key Points Interested in The Boeing Company? Here are five stocks we like better. Federal regulators have authorized Boeing to increase its jet production, validating the company’s operational and …
China’s new LLM-powered ‘AI brain’ automates satellite surveillance
Chinese aerospace researchers have introduced a new system that leverages Large Language Models (LLMs), …
BYD unveils chip for autonomous-driving technology
The Chinese automaker unveiled an autonomous-driving chip, as the company known for its wide range of competitively priced electric vehicles seeks a new growth driver in technology.
China’s ByteDance Developing New AI Chips Like Those from Nvidia Partner Groq
TikTok owner ByteDance is developing a new chip to run artificial intelligence models as part of an aggressive expansion of its homegrown AI infrastructure. The new AI chip is intended to have a …
Once, I was proud of the Shenzhen miracle. Now I’m not so sure
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In Beijing, Trump faced America’s equal | Opinion
China’s message during the summit was unmistakable: It no longer seeks admission into an American-led order. It seeks acknowledgment as an equal.
Exclusive-from lottery draws to fiscal spending, China broadens digital yuan footprint
May 30 (Reuters) – China’s central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different – and potentially…
China appoints top regulatory official as financial clean-up drive continues
Ding Xiangqun takes up key role at the National Financial Regulatory Administration, one month after her predecessor was removed China has appointed a new Party chief of the National Financial …
US and China trade journalist expulsions in tit-for-tat moves
The Trump administration has revoked the visa of a Chinese national working for the state news agency Xinhua in the U.S.
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