By Colleen Howe HOHHOT, China, June 12 (Reuters) – China’s top coal-producing region plans to build the country’s largest base for turning coal into oil, gas and chemicals to help reduce reliance on …
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China arrests US scholar suspected of spying
China’s foreign ministry has confirmed the arrest of a US scholar, accusing him of spying and endangering Chinese national security. U Min Zin, a director at a think tank focused on Myanmar, was arrested in…
China’s EV boom is moving so fast BYD says demand is now running at twice its supply
Gas-car sales in China dropped 39% in May from a year earlier.
China’s real estate market faces regulatory scrutiny
WEI LIANG/CHINA NEWS SERVICE China’s real estate market will require close monitoring by policymakers, and if there is no marked improvement, stronger efforts to mitigate the credit risks of …
Ant Group to hike capital outlay for AI
A view of the booth of Ant Group during an expo in Beijing. HUANG YONG/FOR CHINA DAILY . Ant Group will step up investments in artificial intelligence and data elements in the nex …
Whose IPO strategy wins? Comparing blockbuster US IPOs like SpaceX to China’s ‘shotgun’ approach
Peter Alexander, Founder and Managing Director at Z-Ben Advisors, discusses the contrasting IPO strategies of the U.S. and China, whereby the former relies on massive IPOs like SpaceX for wealth …
China bars Teodoro, kin from entry, biz dealings
MANILA, Philippines — China on Thursday barred Defense Secretary Gilberto “Gibo” Teodoro Jr. and his immediate family from entering mainland China, Hong Kong and Macao and prohibiting Chinese entities …
China’s WuXi sues US over allegations it supports Beijing’s military
By Nikita Maria Jino, Kumar Tanishk and Jonathan Stempel June 11 (Reuters) – A Chinese biotechnology company sued the U.S. government on Thursday over being placed on a list of businesses from China …
‘Chip War’ Author Chris Miller Says China Has Been ‘Underspending’ On AI For Four Years: Beijing ‘Just Doesn’t Believe’ It Matters
Chris Miller, author of “Chip War,” says China’s spending on semiconductors and AI infrastructure suggests Beijing does not share the same sense of urgency around artificial general intelligence, or …
Beijing escalating AI espionage to catch up with the U.S. on tech, cybersecurity firm says
U.S. cybersecurity giant CrowdStrike said China-based entities made over half of state-sponsored cyberattacks on tech firms for artificial intelligence assets.
‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight
China has ramped up its space initiatives to compete with SpaceX’s ascent in the last three years, with some commercial space firms eying similar satellite and rocket launch goals.
China is quietly keeping world oil prices lower
China has quietly become a brake on global oil prices—by not buying as much of the stuff. With the Iran war disrupting flows through the Strait of Hormuz, many expected crude to rocket to $150…
U.S. monitoring Chinese activity in South China Sea around disputed shoal
Analysts are scrutinizing recent Chinese maritime operations near Scarborough Shoal, an uninhabited but strategically located atoll near the Philippine island of Luzon, U.S. officials said.