Microsoft is asking about 700 to 800 people in its China-based cloud-computing and artificial-intelligence operations to consider transferring outside the country, the Wall Street Journal reported on Thursday.
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Microsoft asks hundreds of China staff to relocate, WSJ reports
Taiwan’s Incoming President Faces Angry China, Fractured Parliament
Lai Ching-te takes office as Taiwan’s president on Monday, facing a China that calls him a “dangerous separatist” and has ramped up military drills, as well as a fractured parliament at home where no party…
China Property Stocks Gauge Jumps on Proposal for Home Purchases
The shares of Chinese developers jumped on optimism that Beijing will provide policy support for the purchase of unsold homes from distressed builders.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptS&P 500 Tops…
China’s technology companies provide aerial vehicle products, solutions for many industries
This photo taken on May 15, 2024 shows an Xpeng T1 flying car during a static display at the headquarters of Xpeng Aeroht in Panyu District of Guangzhou, south China’s Guangdong Province. The …
Beijing China-Germany Forum for Industrial Cooperation and Development–China-Germany (China-Europe) Hidden Champions Forum 2024 Opened
(Bloomberg) — Hedge funds continued to lean into the biggest technology companies leading the way in artificial intelligence as the hype propelled the US stock market higher in the first quarter of …
Why is the US uneasy about China’s troubled US$3.6 billion port project in Peru?
Unprecedented logistics centre in Latin America financed by Beijing’s Belt and Road Initiative is locked in a legal battle over its operation.
Why Biden’s monster EV tariffs could inflame a Europe-China trade war
US President Joe Biden has quadrupled tariffs on electric vehicles from China to 100%, effectively sealing off one of the world’s biggest passenger car markets to the largest global producer of EVs.
For China, Russia Is Both a Partner and a Predicament
On his trip to Beijing, Russian President Vladimir Putin will be seeking more support from Chinese leader Xi Jinping to resist Western efforts to isolate Moscow.
Shein suppliers work 75-hour weeks, report claims as Chinese fast-fashion giant looks to IPO
A new report suggests that workers at some of its suppliers are still clocking 75 hours a week, despite assurances the company would improve labor standards.
China’s Nio aims to launch one new car model per year under Onvo brand
Chinese electric vehicle maker Nio said on Thursday it would launch one new model per year under its lower-priced Onvo brand and price them similarly to gasoline vehicles, as the firm expands its lineups to…
Russian President Vladimir Putin arrives in Beijing for state visit to China
Russia’s President Vladimir Putin landed on Thursday in Beijing for a two-day state visit to China. The Kremlin said this will be Putin’s first foreign trip since he was sworn in as president and began…
China’s Shenzhen metropolis sees fastest growth in millionaires globally
Shenzhen recorded 140% growth in millionaire count over the past decade, according to the report from New World Wealth and investment migration advisors Henley & Partners. Just in 2023 alone, Shenzhen saw a 10% growth…
US will send an unofficial delegation as Taiwan’s president is sworn in. It’ll test ties with China
The Biden administration says the White House is sending an unofficial delegation to Taiwan this weekend for the inauguration of the island’s democratically elected president.