Tag: china
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China’s super-rich ‘in shock’ and hunting for cash as Beijing issues surprise tax on offshore trusts
Beijing’s move to tax offshore trusts, long used by China’s ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.
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How the ‘Baby iPhone’ and an Apple supplier leak explain China’s recent supply chain moves
In China’s biggest electronics marketplace, Huaqiangbei, technicians don’t have the parts to make exact copies of Apple’s latest phones.
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China draws up safety rules for autonomous vehicles
BEIJING: China has drawn up new safety rules for the growing number of autonomous vehicles on its roads, including a mandatory deactivation override, the government said Tuesday (Aug 4).The standards taking effect Jul 1, 2027, will cover autonomous vehicles that require a human back-up driver, as well as inde
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China cues start of leaders’ secretive Beidaihe summer retreat
While the retreat has historically provided an opportunity for serving and retired leaders to hold informal discussions and negotiate over policy and personnel, the “scope for genuine bargaining has narrowed”, says an analyst.
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CNBC’s The China Connection newsletter: AI wins come with an old investor risk
From a surprise yuan devaluation in 2015 to crackdowns in recent years, many of Beijing’s policy moves appear abrupt to outsiders.
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Commentary: The global oil cushion isn’t really hitting ‘tank bottoms’
As with every financial narrative, the story of the impending oil crisis contains a grain of truth – and ample hogwash, says Javier Blas for Bloomberg Opinion.
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Hugging Face CEO says China is winning the AI race and dominating on open models
Hugging Face CEO Clément Delangue said Chinese AI models could catch up to the U.S. as soon as this year.
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China’s gray zone warfare in the Pacific
China is escalating across the South China Sea and beyond, sending coast guard ships to enforce its laws east of Taiwan. Can anyone stop Beijing?
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China steps up protection for chip designs in revised regulations
The tightened standards reflect the greater strategic importance Beijing is assigning to technology developed by Chinese companies.
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Tourism price wars threaten to dim a rare bright spot in China’s consumer spending
China’s domestic tourism is underperforming, with hotel revenues falling as soft demand pressures room rates.
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