By Nicoco Chan SHANGHAI (Reuters) – Victor Li is determined to get married soon, but like many other young Chinese grappling with an uncertain economic outlook, the well-heeled Shanghai entrepreneur isn’t sure he can afford to. “It’s very expensive for us to get married, especially in a big city like Shanghai,” the 32-year-old said, as […]
BANGKOK (AP) — Shares fell Tuesday in Asia, with Hong Kong’s benchmark down nearly 2%, as jitters over Chinese markets dimmed confidence across the region. U.S. markets were closed Monday, leaving investors without cues from overnight trading. Early Tuesday, the future for the S&P 500 was 0.4% lower, and that for the Dow Jones Industrial […]
A Chinese court’s decision recognising the copyright of an image generated via artificial intelligence (AI) aims to encourage such creations and provide a boost to this nascent industry, according to the judge who made the landmark ruling. In the first judgment of its kind in mainland China, the Beijing Internet Court last November ruled that […]
Investing.com– Hong Kong shares of Baidu Inc (NASDAQ:BIDU) slid as much as 10% on Monday after the South China Morning Post reported that the technology giant’s flagship Ernie artificial intelligence was used in testing by the People’s Liberation Army. Baidu’s shares (HK:9888) fell 7.9% to HK$104.60 by 21:18 ET (02:18 GMT), after falling as far […]
Taiwan has condemned what it said were “fallacious comments” by China following the self-governing island’s presidential and parliamentary election on Saturday. The verbal sparring did not bode well for the future of Taiwan’s relations with China under the winner, president-elect Lai Ching-te, also known as William Lai, or for China’s relations with the United States. […]
Major companies including BYD, SAIC and Geely are scrambling for shipping capacity – AFP/Getty Images A global shortage of specialist transport ships has put the brakes on the Chinese electric car invasion of Britain. One in three electric cars sold in Britain last year, or 32.7pc, were manufactured in China, according to figures published by […]
WASHINGTON (AP) — Secretary of State Antony Blinken stressed the importance of peace and stability in the Taiwan Strait during a meeting with a senior Chinese diplomat on Friday, as the Biden administration seeks to mitigate tensions over Taiwan while the island holds its presidential election. Blinken sat down with Liu Jianchao, the Chinese Communist […]
Chinese automobile exports surged by 63.7% in 2023, according to data from the China Association of Automobile Manufacturers (CAAM), the news agency Interfax-Ukraine reported on Jan. 12. Much of the increase can be attributed to the emergence of Russia as a crucial foreign market for Chinese auto manufacturers who delivered 840,000 vehicles, including trucks and buses, to Russia in the first 11 months of 2023. This growth has […]
WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken will meet senior Chinese official Liu Jianchao in Washington on Friday, the State Department said in his official schedule, the talks coming just a day ahead of elections in Taiwan that will test efforts to ease U.S.-China tensions. The Jan. 13 presidential and parliamentary contests in […]
BEIJING (AP) — China’s auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said Thursday. The surge in exports, to 4.1 million according to the China Association of Automobile Manufacturers, may propel China past Japan as the world’s number one exporter of cars. Japan exported 3.6 […]
By Anne Kauranen and Liz Lee HELSINKI/BEIJING (Reuters) -Finland’s President Sauli Niinisto said on Wednesday he had held constructive talks with China’s President Xi Jinping over the damage inflicted last year to the Balticconnector gas pipeline linking Finland and Estonia. Finnish police have named the Hong Kong-flagged NewNew Polar Bear container ship as the prime […]
(Bloomberg) — A Chinese national who made his fortune from online gaming has emerged as one of the most significant non-American holders of land in the US. Most Read from Bloomberg Chen Tianqiao owns 198,000 acres (80,127 hectares) of Oregon timberland, making him the country’s 82nd-largest property owner, according to the Land Report’s latest ranking. […]