russian energy – Charm

China opposes US sanctions bill targeting Russian energy buyers

2 months ago03 mins

Chinese foreign ministry spokesperson Lin Jian speaks during a press conference in Beijing. (EPA Images pic) BEIJING: China said on Wednesday it “firmly opposes” a sanctions bill proposed by US senators and supported by President Donald Trump that targets countries buying Russian energy. The bipartisan legislation could potentially clear the way for the US to…

China’s AI Bets Pivot to Power, Metals as Tech Bubble Fears

Cs news10 months ago07 mins

(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…