At a landmark summit where China’s biggest artificial intelligence players gathered in Beijing, one question cut to the heart of the US-China race for tech supremacy: What are the chances of a Chinese …
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How Recent Developments Are Shaping The Luckin Coffee (OTCPK:LKNC.Y) Investment Story
The latest update on Luckin Coffee trims the fair value estimate from about US$50.10 to roughly US$48.60, even as one research house highlights a new US$55 price target that sits above that revised …
China’s Lunar New Year travel rush begins with record 9.5 billion trips expected
Liu Zhiquan was waiting for a 30-plus hour train journey to Chengdu, the capital of Sichuan province, some 1,242 miles (2,000 kilometers) from Beijing, where he works in construction. “The new year …
Xi visits people in Beijing ahead of Spring Festival
Xi Jinping, general secretary of the Communist Party of China Central Committee, visited primary-level officials and residents in Beijing on Tuesday morning, prior to the Spring Festival. Xi went to a …
US wins at Panama Canal—but China eyes more ports in Americas
The risk potential of five ports in Mexico and the Bahamas would increase if acquired by COSCO, analysts warn.
China to support ‘reunification forces’ in Taiwan, go after ‘separatists’
BEIJING, Feb 10 (Reuters) – China will offer firm support for “patriotic pro-reunification forces” in Taiwan and strike hard against “separatists”, the top Chinese official in charge of policy towards …
Jimmy Lai sentenced to 20 years in prison by Beijing-backed court
Hong Kong democracy advocate and former media tycoon Jimmy Lai, who is 78 years old, has been sentenced to 20 years in prison by a Beijing-backed court. It is the longest sentence handed down under…
Shenzhen leads major cities with 5.5% GDP growth on tech edge
With an R&D investment intensity of 6.67 percent, Shenzhen now ranks first among cities nationwide. According to the report, this figure is projected to rise to over 7 percent by the end of 2030.
The Panic That Built WeChat’s $700 Billion Super-App
Tencent had built its empire on QQ, a desktop messaging service with 600 million users. It was the connective tissue of Chinese internet life, sort of like the AOL Instant Messenger of the East.
China has reportedly told banks to scale back holdings of US government debt
A report on Monday said regulators told banks in China to dial back Treasury holdings. Bond yields edged higher and the dollar dropped.
China is waging war on stolen ideas
C hinese officials are at war with a fiendish little creature that stands about six inches tall and bears a striking resemblance to a Labubu doll, the sensational plush toy created by China’s Pop Mart…
Sentence for Hong Kong’s ex-publisher Jimmy Lai raises concerns as China defends it
The sentencing of Hong Kong’s onetime media magnate Jimmy Lai on Monday raised concerns from foreign governments and rights groups, but Chinese and Hong Kong authorities defended it, saying it …
Jimmy Lai: Lawmakers condemn China’s death sentence for UK citizen
The pro-democracy media mogul and eight co-defendants received lengthy sentences under Hong Kong’s National Security Law.
