China News
China’s $1.3 trillion sovereign wealth fund spent years as one of the most sought-after investors in the world. It owned massive stakes in Blackstone Inc. and Morgan Stanley, struck deals with Goldman Sachs Group Inc. and plowed tens of billions of dollars into funds across Wall Street. Source link
WASHINGTON — A bipartisan group of lawmakers on Wednesday vowed to keep Chinese artificial intelligence systems out of federal agencies while pledging to ensure the U.S. will prevail against China in the global AI competition. “We are in a new Cold War, and AI is the strategic technology at the center,” Rep. John Moolenaar, the…
The White House and automakers are scrambling to adjust to China’s tightening of restrictions on rare earth elements — a growing choke point in President Donald Trump’s trade war. In what’s emerging as a cautionary tale, carmakers like Ford have found themselves socked by supply disruptions of the elements, which are crucial components in electric…
Taiwan’s decision to impose export restrictions on hundreds of Chinese companies, including Huawei and SMIC, has triggered a strong backlash from Beijing, which has vowed to respond in a bid to ‘defend its economic and technological interests,’ reports Bloomberg. “Such despicable acts are utterly contemptible,” said Zhu Fenglian, spokesperson for the Taiwan Affairs Office of…
Chinese military analysts have closely followed Saturday’s US strikes on Iranian facilities, especially the bombs used – the GBU-57, a powerful “bunker buster” designed to penetrate deeply buried targets. While praising the success of the B-2 stealth bombers’ long-range delivery and the bunker busters’ performance, they also pointed out the limitations the bomb’s effectiveness, especially…
Russian President Vladimir Putin and Chinese President Xi Jinping will not attend the BRICS Summit in Brazil scheduled for early next month. Although there is no official announcement yet, media reports suggested that Xi plans to skip the BRICS Summit, which, if confirmed, will be his first-ever absence from the meeting of the bloc in…
June 25 2025 | Industry News From recovery to boom: The latest China Trading Desk survey outlines how China’s travel surge is redefining global tourism As China progresses through mid-2025, the outbound travel market continues to chart a strong recovery trajectory, evolving with renewed confidence and discernible shifts in consumer priorities. That is according to…
BEIJING – There are limits to cutting strategic rivals off from access to critical technologies and materials, as such leverage does not last, said Singapore Prime Minister Lawrence Wong. Speaking to the Singapore media in Beijing on June 25 as he wrapped up a five-day official visit to China, he pointed out how, sometimes, the…
China has criticised the United States’ Central Intelligence Agency (CIA) over its recent social media campaign aimed at recruiting Chinese nationals, calling the effort “absurd” and a sign of American “paranoia.” The Ministry of State Security (MSS), China’s top intelligence agency, issued a strongly worded statement on Wednesday, June 25, ridiculing the CIA’s attempt to…
Aurora Mobile (JG), a Nasdaq-listed marketing technology provider, is the latest publicly traded company to plan a treasury strategy that includes cryptocurrency investments. The Shenzhen, China-based company’s board approved an initiative to convert up to 20% its cash and cash equivalents into BTC and other digital assets. The investments may include bitcoin , ether ,…