Chinese executives – Charm

Analysis-China’s independent oil firms elbow into Iraq’s majors-dominated market

Cs news8 months ago08 mins

By Chen Aizhu and Ahmed Rasheed SINGAPORE/BAGHDAD (Reuters) -China’s independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC’s number two producer even as some global majors have scaled back from a market dominated by Beijing’s big state-run firms. Drawn by more lucrative contract arrangements, smaller Chinese producers are on…

China Premier Warns of AI ‘Monopoly’ as US Effort Quickens

Cs news8 months ago06 mins

(Bloomberg) — China will spearhead the creation of an international organization to jointly develop AI, the country’s premier said, seeking to ensure that world-changing technology doesn’t become the province of just a few nations or companies. Most Read from Bloomberg Artificial intelligence harbors risks from widespread job losses to economic upheaval that require nations to…