The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking back up by the afternoon.
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Beijing launches drone buyback in crackdown after Citic Tower crash
China says AI CEOs’ call for a slowdown is ‘fear mongering’
Beijing hits back at Anthropic CEO’s call to curb China’s AI development
Explainer-How China Is Preparing for the Risk of AI Escaping Human Control
China’s intelligence chief just gave a revealing glimpse into what Beijing fears most about AI
Can the US and China stop AI from killing us all?
Trump won’t put the brakes on AI because he wants to beat China. How big a threat is Beijing?
Recent Posts
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
EXCLUSIVE: RéVive Skincare Acquired By China-based Conglomerate S’Young Group
The brand, founded by Dr. Gregory Brown in 1997, has changed hands seven years after Tengram Capital Partners acquired it from Shiseido.
China Issues Nuclear Weapons Statement on Anniversary of Atomic Bomb Test
Mao’s remark is the second nuclear statement issued by China in this month. On October 10, Sun Xiaobo, director general of the Department of Arms Control under the Chinese Foreign Ministry, urged …
Trade War with China Would Hurt US Farmers: Report
A new study highlights the risks to American farmers if a United States-China trade war reignites, showing that tariffs would harm U.S. corn and soy producers while benefiting South American …
China’s Xi Makes Rare Visit to Taiwan-Facing Province
China’s leader did not comment on the recent military exercises during his visit to the region, according to the Xinhua News Agency.
Pandover complete: China’s furry envoys arrive in D.C. for a 10-year mission
A pair of giant pandas left China on Monday for the National Zoo, taking up residence in the nation’s capital weeks before the U.S. presidential election.
IPO-bound Waaree Energies flags export challenges to US amid scrutiny over Chinese forced labour concerns
Waaree currently exports 44 percent of its manufactured modules and the US is one of its key markets. The company is planning to set up a 1.6 gigawatt module facility in Houston.
China’s $6.5 Trillion Stock Plunge Nightmare Isn’t Over Yet
If you think Jerome Powell and Kazuo Ueda are having a rough 2024, consider the plight of their central banking counterpart in Beijing.
China Mobile speeds up AI integration in financial firms
China Mobile, one of China’s three major telecom operators, vows to accelerate the deep integration of artificial intelligence (AI) into all production and operational processes of the financial …
China’s $6.5 Trillion Stock Plunge Nightmare Isn’t Over Yet
If you think Jerome Powell and Kazuo Ueda are having a rough 2024, consider the plight of their central banking counterpart in Beijing.
China Market Update: US Pessimism Vs. Hong Kong Optimism, China’s “There Is No Alternative” (TINA) Moment
Asian equities were largely lower, as Taiwan underperformed following ASML’s earnings miss yesterday, while Thailand and Indonesia managed to outperform.
CR Beverage to use US$640 million IPO to fund expansion, supply chain efficiency
It may increase the size of the IPO by 52.2 million shares to meet excess demand if necessary. Assuming an offer price of HK$14, CR Beverage will generate net proceeds of HK$4.72 billion after underwriting…
China to post slowest quarterly growth
China’s economy likely expanded at its slowest pace this year, according to an Agence France-Presse (AFP) survey ahead of data on Friday, as authorities struggle to reignite consumption amid a chronic …