Category: China
US exporters snub de-risking to give China another shot – but they’re finding a new obstacle
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Some US firms cannot resist China’s huge market despite the trade war, curbs on technology transfers, coronavirus lockdowns and calls for decoupling supply chains, but others are faced with hot competition from Chinese companies.…
Read MoreUS-China economic rivalry not ‘winner-take-all’, US Treasury Secretary Janet Yellen says
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. US Treasury Secretary Janet Yellen met Premier Li Qiang, central bank governor Yi Gang and former economic tsar Liu He on Friday, and also got some face time with American businesses in Beijing on…
Read MoreMeta’s Twitter rival Threads tops China’s App Store despite Great Firewall censorship
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Meta’s new Twitter rival, Threads, is topping China’s iOS app charts, despite Western social media apps like Instagram and Facebook being banned in the country by its “Great Firewall”. https://www.scmp.com/tech/big-tech/article/3226962/metas-twitter-rival-threads-tops-chinas-app-store-despite-great-firewall-censorship?utm_source=rss_feed
Read MoreAmid clouds of economic uncertainty, China welcomes US treasury secretary with hope – and a rainbow
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Chinese, US officials point to good omen in the sky as they welcome Janet Yellen to Beijing. https://www.scmp.com/news/china/diplomacy/article/3226975/amid-clouds-economic-uncertainty-china-welcomes-us-treasury-secretary-hope-and-rainbow?utm_source=rss_feed
Read MoreChina imposes US$984 million fine on Ant Group, ending years-long overhaul of world’s largest fintech group
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Analysts believe the 7.123 billion yuan (US$984.33 million) fine puts to an end the saga of the regulatory crackdown on the fintech giant that operates the popular payment app Alipay. https://www.scmp.com/business/article/3226964/china-imposes-us98433-million-fine-ant-group-paving-way-new-business-and-potential-revival-ipo?utm_source=rss_feed
Read MoreChina to create and implement national standard for large language models in move to regulate AI, while using its power to transform industries
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The China Electronic Standardisation Institute has enlisted Baidu, Huawei, 360 Security and Alibaba to lead a special task force that will draw up a national standard for large language models. https://www.scmp.com/tech/policy/article/3226942/china-create-and-implement-national-standard-large-language-models-move-regulate-ai-while-using-its?utm_source=rss_feed
Read MoreChina’s Premier Li eyes ‘combination of punches’ during critical economic juncture
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. At a symposium with experts, Chinese Premier Li Qiang reiterates Beijing’s determination to shore up the nation’s economy with effective policies. https://www.scmp.com/economy/china-economy/article/3226947/chinas-premier-li-eyes-combination-punches-during-critical-economic-juncture?utm_source=rss_feed
Read MoreChina’s frenzy over ChatGPT-style services on full display at AI show despite Beijing’s caution
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China’s ChatGPT-frenzy was on full display at the country’s largest AI fair in Shanghai this week, despite US sanctions on chips and Beijing’s cautious attitude towards generative AI. https://www.scmp.com/tech/big-tech/article/3226926/chinas-frenzy-over-chatgpt-style-services-full-display-ai-show-despite-beijings-caution?utm_source=rss_feed
Read MoreSanctioned former Xinjiang governor attends international parliamentary event
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Now a vice-chairman of the national legislature, Shohrat Zakir addressed the opening session of an event for parliamentarians from the developing world. https://www.scmp.com/news/china/diplomacy/article/3226928/sanctioned-former-xinjiang-governor-attends-international-parliamentary-event?utm_source=rss_feed
Read MoreUS tech war: China’s Xi Jinping urges ‘solid path of innovation’ as he tours semiconductor firms
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Tour of semiconductor and hi-tech companies in eastern province underlines drive to boost high-end manufacturing to counter US-led tech containment. https://www.scmp.com/news/china/politics/article/3226920/us-tech-war-chinas-xi-jinping-urges-solid-path-innovation-he-tours-semiconductor-firms?utm_source=rss_feed
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