China has decided to infuse more than 1 trillion yuan or about $143 billion into its semiconductor industry to become self-sufficient in chips, and to counter the US going after China’s technological …
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Exclusive: China plans over $143 bln push to boost domestic chips, compete with U.S. -sources
China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major step towards self sufficiency in chips and to counter U.S.
China plans over $143 bn push to boost domestic chips, compete with US
Beijing plans to roll out one of its biggest fiscal incentive packages over five years, mainly as subsidies and tax credits to bolster semiconductor production …
American universities remain target for China’s infiltration: intel analyst
There is ‘intense pressure on Chinese students to enforce ideological conformity,’ the anti-CCP activist says.
China to set economic plans amid shift from Covid Zero to growth
CHINA’S abrupt ending of its Covid Zero policy injects more uncertainty into an already fragile economy, raising the prospect of looser fiscal and monetary policy and more easing in the property …
China’s new yuan loans at 1.21 trillion yuan in November
China’s new yuan-denominated loans totaled 1.21 trillion yuan (about 174 billion U.S. dollars) in November, central bank data showed Monday. The figure decreased by 59.6 billion yuan from the same …
China Will Further Relax Covid Measures, Beijing Envoy Says
China will continue to relax its strict Covid-19 measures and will welcome more international travelers in the “near future,” the country’s ambassador to the US said Monday, in the latest sign from …
Morning bid: China’s loan danger
As investors enter something of a holding pattern ahead of key central bank policy decisions this week, China’s markets are on the defensive after yet another indication that the country’s economic …
Beijing’s U.S. envoy expects further COVID relaxation, easier travel to China
China’s ambassador to the United States on Monday said he believes China’s COVID-19 measures will be further relaxed in the near future and international travel to the country will become easier.
China Is Setting the Standard for Deepfake Regulation, for Better or Worse
New rules set to take effect on January 10 will require individuals to obtain a person’s consent before using tech to edit their voice or image.
China Nov new bank loans jump to 1.21 trln yuan, below forecast
New bank lending in China rebounded less than expected in November from the previous month, as the central bank seeks to bolster slowing growth in the world’s second-biggest economy. Chinese banks …
China Nov new bank loans rise more slowly than expected
New bank lending in China rebounded less than expected in November from the previous month, as the central bank seeks to bolster slowing growth in the world’s second-biggest economy. Chinese banks …
Live news: FCA fines Metro Bank for misleading investors
The Financial Conduct Authority has fined Metro Bank £10mn and censured two of its former top executives for misleading investors on a key risk measure ahead of a 39 per cent collapse in the bank’s…