“Europe has a China problem.” These are not words you would have heard from a budding EU trade commissioner a decade ago, when cutting juicy deals with booming economies like China was the top line of the job description. But in 2024, this might be the kind of rhetoric needed if you want to be…
Baidu on Wednesday announced a rebranding of its flagship artificial intelligence (AI) app Ernie Bot, as the Chinese technology giant tries to distinguish itself in an increasingly crowded and competitive market. The Chinese renaming of Ernie Bot to “Wenxiaoyan” from “Wenxin Yiyan” reflects the tool’s positioning as a “new search” assistant, according to Xue Su,…
Legislators in the western Chinese region of Xinjiang say they will increase support for US-sanctioned enterprises, including via the legal system and overseas promotions. In a resolution released and taking effect on Monday, the regional legislature denounced US sanctions against Xinjiang enterprises over the alleged use of forced labour, calling for the creation of “a…
Lee said the visit fully reflected the importance and care the central government attached to Hong Kong and he hoped the delegation – fresh from winning 91 medals including 40 golds at the Paris Olympics – would feel at home during the trip. “The outstanding result at the Games was the embodiment of the progress…
China said it found evidence of dumping by European brandy makers in a preliminary probe but stopped short of levying tariffs, in a sign Beijing wants to negotiate with the European Union in managing various trade issues spanning electric cars to agriculture. Imported brandy from the European Union has been dumped into China, dealing material…
The Netherlands plans to limit ASML Holding NV’s ability to repair and maintain its semiconductor equipment in China, a potentially painful blow to Beijing’s efforts to develop a world-class chip industry. The government of Prime Minister Dick Schoof will likely not renew certain ASML licenses to service and provide spare parts in China when they…