Tag Archives: China

Amazon loophole allows China to access high-end U.S. AI, chips

August 23, 2024 Amazon loophole allows China to access high-end U.S. AI, chips China is bypassing sanctions by using Amazon Web Services to access advanced American computing power. BY Reuters State-linked Chinese entities are using cloud services provided by Amazon or its rivals to access advanced U.S. chips and artificial intelligence capabilities that they cannot acquire … Continue reading Amazon loophole allows China to access high-end U.S. AI, chips

Baijiu makes its way West, heating up a spirits turf war with China

June 26, 2024 Baijiu makes its way West, heating up a spirits turf war with China Chinese companies’ moves to push baijiu outside of China come as Western drinks like Pernod Ricard and Diageo muscle in on Chinese liquor makers’ turf, tempting China’s twenty- and thirtysomethings with Irish and Scotch whiskies in particular. BY Reuters Makers … Continue reading Baijiu makes its way West, heating up a spirits turf war with China

China is using TikTok to ‘spy on’ Americans, say 46% of people polled

May 01, 2024 China is using TikTok to ‘spy on’ Americans, say 46% of people polled The Reuters/Ipsos poll showed that Republicans were more likely than Democrats to think China was using the app to sway U.S. opinions. BY Reuters A majority of Americans believe that China uses TikTok to shape U.S. public opinion, according to … Continue reading China is using TikTok to ‘spy on’ Americans, say 46% of people polled

Apple revenue jumps 2%, but sliding iPhone sales in China worry investors

  By Reuters February 01, 2024 Apple on Thursday reported sales and profit that beat Wall Street estimates, powered by growth in its iPhone business. But China sales missed analysts’ targets. Apple shares were down 1.7% in after-hours trading. The 2% rise in overall fiscal first-quarter sales for the company ended four straight quarters of … Continue reading Apple revenue jumps 2%, but sliding iPhone sales in China worry investors

Ant Group, Jack Ma-founded fintech giant, gets fined almost $1 billion by China regulators

  By Associated Press July 07, 2023 Chinese regulators are fining Ant Group 7.123 billion yuan ($985 million), claiming the financial technology provider violated laws related to corporate governance and consumer rights. The People’s Bank of China imposed the fine on Friday. “We will comply with the terms of the penalty in all earnestness and … Continue reading Ant Group, Jack Ma-founded fintech giant, gets fined almost $1 billion by China regulators

Alibaba Releases Chatbot As China Proposes Measures For Online Ads, AI

Alibaba Releases Chatbot As China Proposes Measures For Online Ads, AI by Laurie Sullivan  @lauriesullivan, April 11, 2023 As China publishes proposed rules around advertising and artificial intelligence (AI), one of the country’s largest and most successful tech giants and marketplaces on Tuesday unveiled Tongyi Qianwen, the company’s artificial intelligence-based chatbot rival to ChatGPT. Alibaba’s … Continue reading Alibaba Releases Chatbot As China Proposes Measures For Online Ads, AI

Run Rabbit Run: What One Analyst In China Predicts

Run Rabbit Run: What One Analyst In China Predicts by Laurie Sullivan  @lauriesullivan, January 29, 2023 Alaris Consulting Group in Shanghai published a report Sunday predicting trends and outcomes in business and geopolitics in China for this Year of the Rabbit. “This year we hope to see increased diplomatic efforts that implement protocols and procedures that … Continue reading Run Rabbit Run: What One Analyst In China Predicts

China, U.S. Tech Stocks Climb Throughout The Week On Different Drivers

China, U.S. Tech Stocks Climb Throughout The Week On Different Drivers ValueWalk / 30 Aug 2022   Tech stocks in China and the U.S. are popping, although for different reasons. In China, an agreement between Washington and Beijing over their long-running audit disagreement triggered gains in Chinese tech stocks because their U.S. listings appear to be protected. … Continue reading China, U.S. Tech Stocks Climb Throughout The Week On Different Drivers