<b>China's Xi Jinping meets with U.S. national security advisor Jake Sullivan</b>
China's Xi Jinping meets with U.S. national security advisor Jake Sullivan
BEIJING — U.S. national security advisor Jake Sullivan said he raised concerns about the country's focus on economic security in meetings with Chinese President Xi Jinping and other officials this week. Just as the U.S. has cited national...
2024-09-12 16:15:23
Alibaba shares jump as it completes three-year regulatory overhaul
Alibaba shares jump as it completes three-year regulatory overhaul
has completed a three-year regulatory "rectification" process following an antitrust fine it received on charges of monopolistic practices in 2021, China's market regulator said on Friday. Shares of Alibaba rose nearly 3% in Friday's tradin...
2024-09-12 16:15:13
China's property woes and U.S. sanctions have hit some cities hard
China's property woes and U.S. sanctions have hit some cities hard
BEIJING — China's property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from Beijing's tech push, Milken Institute's best performing cities China index showed Tuesday. Since 2015, the...
2024-09-12 16:14:54
<b>China's Xi pledges over $50 billion in financial aid to Africa to deepen ties </b>
China's Xi pledges over $50 billion in financial aid to Africa to deepen ties
Chinese President Xi Jinping said Thursday that China will provide 360 billion yuan (more than $50 billion) in financial support to Africa over the next three years. Xi spoke on the second day of the ninth Forum on China-Africa Cooperation...
2024-09-12 16:14:46
<b>China's wealthy are looking overseas for business investment</b>
China's wealthy are looking overseas for business investment
BEIJING — China's wealthy are increasingly looking for ways to move capital outside the mainland to pursue business opportunities, rather than just chasing investment returns, according to asset managers and consultants. This year, there'...
2024-09-12 16:14:37
U.S. rolls out new chip-related export controls as China makes industry advances
U.S. rolls out new chip-related export controls as China makes industry advances
The Biden administration is rolling out new export controls on critical technologies, including quantum computing and semiconductor goods, as China makes advances in the global chips industry. Released by the U.S. Department of Commerce on...
2024-09-12 16:14:28
Ex-PBoC head: China should focus on fighting deflationary pressure
Ex-PBoC head: China should focus on fighting deflationary pressure
SHANGHAI — China's policymakers need to focus on boosting domestic demand, Yi Gang, former head of the said Friday at the Bund Summit in Shanghai. "I think right now they should focus on fighting the deflationary pressure," Yi said, addin...
2024-09-12 16:14:20
Yellen says U.S. economy remains solid, heading toward 'soft landing'
Yellen says U.S. economy remains solid, heading toward 'soft landing'
Treasury Secretary sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string of weak job reports that have rattled investors and weighed on the stock market. "We're seeing less frenzy in terms of hirin...
2024-09-12 16:14:12
China CPI up by less-than-expected 0.6% as transport, home goods prices fall
China CPI up by less-than-expected 0.6% as transport, home goods prices fall
BEIJING — China on Monday reported its r in August, missing expectations as transportation and home goods prices, as well as rents declined. The CPI was estimated to have climbed 0.7% year on year in August, according to a Reuters poll. F...
2024-09-12 16:13:55
Huawei's tri-fold phone gets 2.7 million pre-orders before iPhone 16 launch
Huawei's tri-fold phone gets 2.7 million pre-orders before iPhone 16 launch
BEIJING — Huawei has received more than 2.7 million pre-orders for its trifold smartphone, . The Chinese company began pre-orders for its Mate XT midday on Saturday. That was more than two days ahead of planned iPhone 16 launch early morn...
2024-09-12 16:13:47
European businesses in China at 'tipping point' on whether to invest
European businesses in China at 'tipping point' on whether to invest
BEIJING — European businesses in China have grown so discouraged with the outlook for operating in the country that Beijing must act if the companies are to invest further, according to the EU Chamber of Commerce in China. Growth in China...
2024-09-12 16:13:36
Harris vs. Trump on China: Debate highlights on trade and tariffs
Harris vs. Trump on China: Debate highlights on trade and tariffs
Donald Trump and Kamala Harris clashed on China policy during the presidential debate hosted by ABC News on Tuesday night stateside. In her first statements, Harris took aim at Trump's tariff policy and his vows to pass blanket duties of 10...
2024-09-12 16:13:27
China's AI models lag their U.S. counterparts by 6 to 9 months, says former head
China's AI models lag their U.S. counterparts by 6 to 9 months, says former head
BEIJING — Chinese artificial intelligence models may be at least half a year behind those developed in the U.S., but Chinese AI apps will likely take off much faster, said Kai-Fu Lee, former head of Google China. He was referring to large...
2024-09-12 16:13:18
China tech companies AI models vs OpenAI, Google, Meta
China tech companies AI models vs OpenAI, Google, Meta
Global attention around generative artificial intelligence has been focused on big U.S. companies like OpenAI, 's Google and . But some of China's giants, from to have launched their own AI models over the past 18 months, looking to capital...
2024-09-12 16:13:09
China threatens to retaliate over U.S. bill that could shutter Hong Kong trade offices
China threatens to retaliate over U.S. bill that could shutter Hong Kong trade offices
American lawmakers have passed a bipartisan bill that could eventually lead to the shuttering of Hong Kong's U.S.-based trade offices, drawing strong condemnation from the Chinese-ruled city and Beijing. The legislation, the Hong Kong Econo...
2024-09-12 16:13:01