High-level U.S. government envoys raised concerns over “the misuse of AI” by China and others in closed-door talks with Chinese officials in Geneva, the White House said Wednesday. China and the United States “exchanged perspectives…
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US cites ‘misuse’ of AI by China and others in closed-door bilateral talks
Across trade, tech and defence, the US-China conflict is back and here to stay
US President Biden imposes new tariffs on Chinese imports to counter unfair trade practices, protect American industry, and prepare for green tech sectors.
How might China retaliate against Biden admin. tariffs?
China is vowing to retaliate after President Joe Biden announced new tariffs on $18 billion worth of Chinese goods. These include a 100% tariff on electric vehicle imports, 50% on solar cells, and 25% on…
HTX affiliate Huobi Hong Kong withdraws crypto licence application for second time, must shut down by August
HBGL, which operates Huobi HK, has withdrawn the licence application for unspecified reasons, requiring it to close the crypto exchange under the city’s virtual asset regulations.
Jamie Dimon says China’s relationship with Russia will make it difficult for the US to fully engage with it
The US should embrace full engagement with China, but expect a hard time along the way, JPMorgan CEO Jamie Dimon told Sky News. This will remain difficult as long as China is close to Russia,…
Beijing Plans To “Digest” Excess Housing
Beijing’s has become fond of the word “digest” these days. China’s leaders use it to refer to their plans to rid China of an excess of apartments. The plan’s announcement, though far from enough, takes…
Biden sets huge new tariffs on electric vehicles, chips and other goods from China
The higher tariffs, which have already drawn criticism from China, come as Biden is courting support of working-class voters in the 2024 campaign.
JPMorgan CEO Dimon favors full engagement with China, Sky News reports
The U.S. government is doing the right thing by fully engaging with China, JPMorgan Chase CEO Jamie Dimon said in an interview with Sky News on Wednesday, adding that Beijing was a fierce competitor,
Burberry’s profit slumps by a third as sales in China plunge
British luxury brand Burberry has reported a 34% drop in annual profit after sales fell sharply in China — its biggest market — in the final three months of last year.
US to send an unofficial delegation as Taiwan’s president is sworn in. It will 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.
Biden’s new tariffs show he’s willing to play hardball as China ramps up exports, Nobel economist Paul Krugman says
“Biden’s moves are more than a symbolic gesture. They’re a shot across the bow,” Paul Krugman wrote about the new China tariffs.
War on Crypto Crime: Chinese Police Dismantle $1.9 Billion Underground Banking Ring
Chinese police dismantle a $1.9 billion illegal banking network using crypto, arresting 193 involved in the operation.
China Has Gotten the Trade War It Deserves
The Biden administration’s steep new tariffs are a rational response to Xi Jinping’s aggressive economic policies.
