Last week I noted that the world’s two big AI superpowers seem to be running the global AI arms race in opposite directions. U.S. lawmakers have balked at imposing even the most minimal restrictions on…
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How Shenzhen’s 12 million residents live in a tech powerhouse
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The U.S. and China are running the AI arms race in opposite directions
Beijing Signals That It Has No Idea What To Do About Its Economy
Grand setting in Beijing for yet another CCP meeting. AFP PHOTO/LIU Jin (Photo by LIU JIN / AFP) … [+] (Photo by LIU JIN/AFP via ) AFP via . Politburo me
UK Woman Jailed for Laundering Crypto Tied to $5.6 Billion Fraud
A woman was sentenced to six years and eight months in jail for laundering massive amounts of Bitcoin linked to a $5.6 billion investment fraud in China. Jian Wen, a former fast food worker who…
China’s Cheap EVs Aren’t a Threat to Tesla, Ford, and GM. Here’s What Is.
B YD’s Seagull doesn’t look all that threatening. It’s a cute little four-door hatchback that’s three feet shorter than Tesla’s Model Y. With its bright yellow paint job, the Seagull looks a little …
Safety comes 1st for Artemis moon missions despite ‘space race’ with China, NASA chief says
NASA administrator Bill Nelson, while mindful of what he calls a “space race” with China to establish a sustained presence on the moon, said Thursday (May 23) he will only commit to the current Artemis…
Taiwan Semi Supplier Applied Materials Under Scrutiny, Gets Subpoenas For Potential Violation Of Export Restrictions to China
China geopolitical tensions gained traction, with Applied Materials Inc (NASDAQ:AMAT) receiving another subpoena from the U.S. Department of Commerce in May seeking more information on China shipments …
Weighing Biden’s China Tariffs
It is hard to exaggerate the significance of President Joe Biden’s May 14 announcement of tariff increases on a range of imports from China. The move opens a new front in the Biden administration’s China…
‘Crucial’ Biden And Fed Flip Predicted To Trigger A $20 Trillion Bitcoin Price Earthquake That Boosts Ethereum, XRP And Crypto
Bitcoin and crypto have rocketed higher over the last year, powered by Wall Street’s arrival, a “seismic shift” in Washington and expectations of a China bombshell.
The Business Ties That Bind the U.S. and China Are Strong but Fraying
Mr. Copeland is the author of “A World Safe for Commerce: American Foreign Policy From the Revolution to the Rise of China.” “History shows that when a major power cuts off business and resources …
China back at Cannes with women’s rights blockbuster
One of China’s biggest-ever productions … Lockdown drama – Cannes has seen a return of Chinese cinema this year after a notable absence caused by the Covid-19 pandemic and the country’s stringent lockdown. The heavy-handed…
Crackdowns in Beijing’s Yanqing decreases telecom fraud
Thanks to intensive crackdowns on telecom scammers, the number of such cases in Beijing’s Yanqing district has dropped 43.1 percent year-on-year since the beginning of this year, according to the …
Exclusive: China state stockpiler aims to buy up to 15,000 T of cobalt, sources say
China plans to buy up to 15,000 metric tons of cobalt metal from local Chinese producers over the next few months for domestic stockpiles, three sources familiar with the matter told Reuters, adding …
China’s Currency Plans May Make Donald Trump’s Head Explode
The plot surrounding China’s currency thickened this week as the nation’s central bank loosened its grip on the yuan.