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 …
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‘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 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.
In China ride-hailing work is a last resort for rural labourers
Since then people from the interior have poured in to work in factories, wash dishes and drive taxis. But Shenzhen is reaching its limits. Its city government declared for the first time on May 30th…
Taiwan vows to expel Chinese vessels after Beijing claims jurisdiction over eastern waters
China, which claims democratically governed Taiwan as its own territory, was angered after Japan and the Philippines said last month they would begin formal talks on their maritime boundaries.
Rand Paul releases details on Fauci swaying intelligence community on COVID-19 origins
New documents released on Thursday by Sen. Rand Paul (R-KY) reveal that Dr. Anthony Fauci used deep connections to the intelligence community to influence key national security agencies in the debate …
Can Hong Kong’s upgraded Shenzhen crossing really cut clearance to just 5 minutes?
New Huanggang crossing will feature joint clearance with 134 automated channels, cutting immigration process by 25 minutes, authorities say.
China Resources New Energy seeks $3.6 billion in IPO, set to be Shenzhen’s largest
By Yantoultra Ngui SINGAPORE, June 11 (Reuters) – China Resources New Energy, the renewable unit of China Resources Power, aims to raise about 24.5 billion yuan ($3.62 billion) from a Shenzhen initial …
Why It’s Nearly Impossible to Build a Robot Without China
Building on the country’s electric vehicle industry, Chinese companies are making robot parts at a scale and price point others can’t match.
Beijing’s investment clampdown clouds outlook for Hong Kong banks and insurers
Analysts and financial executives say China’s crackdown could in the near term weigh on money flows to Hong Kong due to concerns about greater scrutiny of capital outflows.
Chinese energy official meets with Saudi Aramco executive in Beijing
The deputy head of China’s National Energy Administration met with an executive of Saudi Aramco in Beijing on Tuesday, the administration said in a statement on Thursday.
