Beijing’s efforts to rein in the bloody price war that has battered the country’s automakers in recent months showed some effect last month.
Tag: China
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AS FORECAST: CHINA HAVING TROUBLE RESPONDING TO CRYPTO INNOVATION
The Chinese regime’s penchant to control and surveil all mechanisms, in order to exert and maintain its political will, is facing greater challenges from crypto technology, now supercharged by the U.S. embrace of it.
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CHINA PROPOSES GLOBAL ORGANIZATION TO GUIDE AI
At its World Artificial Intelligence Conference in late July, China said it wanted to help create a worldwide organization to guide AI’s development, regulate it, and foster global cooperation in the AI revolution, officials said.
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BEIJING ALLEGES NVIDIA’S COMPUTER CHIPS ARE A SECURITY THREAT
China’s officials regulating artificial intelligence (AI) met with executives from Nvidia, the California-based maker of the world’s most powerful AI chips, and charged that its H20 chips designed for Chinese customers threaten the country’s national security.
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CHINA’S FACTORY ACTIVITY SLOWED AGAIN IN JULY
China’s manufacturing output contracted more than expected last month, according to the country’s official Manufacturing Purchasing Managers Index (PMI).
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EUROPE BRACES FOR FLOOD OF CHINESE IMPORTS
Chinese exports once destined for the U.S. might well be rerouted to Europe, which has not put up stiff tariffs as the U.S. has done to discourage the shipments.
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TOP TREND 2022, SELF-SUFFICIENT ECONOMIES: CHINA’S AI FIRMS FORM TWO CARTELS TO PROMOTE SELF-SUFFICIENCY
China's AI companies have announced two new alliances designed to create a domestic technological ecosystem for AI development and deployment to cut the country’s dependence on foreign suppliers.
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CHINA’S INDUSTRIAL SECTOR SAGS AGAIN IN JUNE
In China, manufacturers’ profits declined again in June as the country’s deflation continued and consumer demand remained feeble, the U.S.-China trade agreement remained unsettled, and the global economy remained generally uncertain, the country’s National Bureau of Statistics (NBS) reported.
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CHINA CLOSES THE AI GAP WITH THE WEST
China’s rise to become a contender as the global power in AI has been built on the same strategy that it has used to take the lead in solar panel technology and electric vehicles: strategically targeted government funding.
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SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
Forty-two percent of U.S. businesses operating in China are being impacted by overcapacity as China’s domestic economy continues to deflate amid ongoing price wars, a survey by the U.S.-China Business Council found.