Reports in China on the opening of a series of joint task forces between police and tax authorities have rattled already weak business confidence amid concerns over the economic outlook.
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China’s public sector accelerates AI adoption in 2024 as Zhipu and iFlyTek emerge as winners
Large Chinese firms have accelerated their pace of adopting artificial intelligence (AI) this year, with the number of related contracts surging in the first half, government data show. The number of …
China’s yuan eases to 7-month low on PBOC’s weak guidance
China’s yuan eases to a seven-month low against the dollar, set for a sixth straight monthly decline in June. The central bank guides official fixing weaker amid capital outflows and speculation of …
China Hi-Tech Fair Gearing up for Its 26th Edition on November 14 in Shenzhen
The 26th China Hi-Tech Fair will kick off on Nov. 14-16, 2024 in Shenzhen under the theme “Technology Leads Development, Industry Integrates Fusion”.
China May Be the Ukraine War’s Big Winner
Putin’s invasion of Ukraine has given Xi Jinping a way to stir trouble for the West and make Moscow dependent on Beijing.
China’s faltering tech giants pushing workers to the limit
“I only care about results.“ After Qu’s short videos went viral in China, Baidu let her go and said her views did not represent the company’s culture. But tech workers who spoke with the Financial…
China contemplates ‘countermeasures’ after US takes steps to curb outbound tech, AI investment
China’s Ministry of Commerce had harsh words for the United States on Monday after the latter country announced it would proceed with curbs against hi-tech investments destined for the East Asian …
China contemplates ‘countermeasures’ after US takes steps to curb outbound tech, AI investment
China’s Ministry of Commerce had harsh words for the United States on Monday after the latter country announced it would proceed with curbs against hi-tech investments destined for the East Asian …
China ‘taking advantage’: Freeland announces hurried EV tariff consult over summer
Finance Minister Chrystia Freeland said goal is to ‘protect … The government will also seek perspectives on China’s labour and environmental standards. China has emerged as the largest manufacturer …
China’s national pension insurer introduces foreign investor as financial opening-up picks up speed
Analysts said that foreign financial institutions and patient capital continue to hike investment in China’s pension finance market, indicating their confidence in the country’s long-term economic …
China, EU agree to hold talks on EV tariffs
China and the European Union have agreed to discuss tariffs on electric vehicles (EVs). The EU previously threatened tariffs of up to 38% on Chinese EV imports. Yahoo Finance Pras Subramanian joins …
UBS to sell 36% stake in securities venture to Beijing state asset manager
BEIJING/HONG KONG (Reuters) — UBS is selling a partial stake in one of its securities joint ventures to Beijing State-owned Asset Management (BSAM), a key step for the Swiss bank as it consolidates …
China Prepares Unpleasant Banking Surprise For Russia
Bank of China, the Russian subsidiary of the Bank of China, has suspended all operations with Russian banks that have fallen under US sanctions since June 24. The decision is related to fears of …
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