China’s government has announced the world’s most far-reaching strictures to date governing artificial intelligence.
Tag: China
Post
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
China’s manufacturing sector contracted again in July for the fourth straight month.
The country’s official purchasing managers index (PMI) registered 49.3 last month, after notching 49.0 in June, May and 49.2 in April, the National Bureau of Statistics (NBS) reported. Ratings below 50 indicate shrinking economic activity.
Post
JAPAN SAYS MILITARY RUSSIA/CHINA IS A THREAT
Japan has identified China’s expanding military activity in the region as its biggest threat with a special focus on Beijing’s growing relationship with Russia, according to its newly approved 2023 defense white paper.
Post
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
Despite vowing policy support to jolt China’s economy back to life, the country’s leaders have done little other than make promises, global investors have said as they scaled back their expectations for China’s economic growth this year.
Post
CHINA’S ECONOMIC WEAKNESS LEAKS ONTO WALL STREET
Stock-watchers expect a raft of disappointing second-quarter earnings reports from tech firms, luxury retailers, and other companies dependent on China, according to Reuters.
Post
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
The value of exports from China fell 12.4 percent in June, year over year, to $285 billion after declining 7.5 percent in May, The Wall Street Journal reported.
Post
CHINA HITS U.S. OVER LATEST WEAPONS SALE TO TAIWAN
The American effort to turn Taiwan into a “porcupine” continued last week after the announcement of the latest sale of $440 million in military equipment to the island—which drew a swift rebuke from China.
Post
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
China’s factory activity continued weak in June, although less so than in April and May, government figures showed. Exports shrank in May at an annual rate of 7.5 percent.
Post
U.S. CONTINUES TO PROVOKE CHINA, SENDS ITS BIGGEST SUB TO SOUTH KOREA
The USS Michigan, a nuclear-powered submarine, visited the Korean Peninsula as tensions between Seoul and Pyongyang remain high—but is also likely to be seen as a clear indicator to Beijing about the U.S.’s growing presence in the region.
Post
EU LOSES CONFIDENCE IN CHINA’S ECONOMIC POWER
European businesses are less confident in China’s economy now that its expected post-COVD economic boom has busted and its relations with Europe and the U.S. are deteriorating, according to a survey by the European Union Chamber of Commerce in China.