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China To Reform Shanghai's Nasdaq-Style Star Market To Align More With Xi Jinping's 'New Productive Force' Initiative: Securities Watchdog
Wednesday, June 19, 2024 - 10:20am | 627In a bid to bolster the appeal of Shanghai’s Nasdaq-style tech board, the Star Market, China has introduced a series of reforms. These measures are aimed at improving the quality of listed companies and promoting technological innovation. What Happened: The China Securities Regulatory...
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Xi Jinping Says US Trying To Trick China Into Invading Taiwan: 'They Are Having A Pipe Dream And Would Shoot Themselves In The Foot' (UPDATED)
Wednesday, June 19, 2024 - 4:13am | 631Editor's note: This story has been updated with a comment from a spokesperson of the European Commission. In a recent development, China’s President Xi Jinping has reportedly accused the U.S. of attempting to provoke China into invading Taiwan, in a conversation with European Commission...
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Chinese Central Bank Governor Dismisses Bond Trading As Monetary Easing Tool, Economists Note It Is A More Frequent Necessity
Wednesday, June 19, 2024 - 2:51am | 619Pan Gongsheng, governor of the Chinese central bank, People’s Bank of China, dismissed the idea that its bond trading is a form of massive monetary easing. What Happened: Gongsheng clarified that the bond trading would be a liquidity management tool involving both buying and selling, the Wall...
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China Urges US Reconsider Nuclear Stance Following Washington's Comments on Increasing Warheads
Monday, June 10, 2024 - 6:14am | 570China has asked the United States to reconsider its nuclear stance and reduce its arsenal following comments from a senior U.S. official about potentially increasing warheads. What Happened: Pranay Vaddi, senior director for arms control disarmament and non-proliferation at the National Security...
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Xi Jinping's China Wants To 'Delete' America After Nvidia, Others Forced To Curb High-End Chip Exports To Beijing, But Are Biden Administration's Policies Waking Up A 'Sleeping Lion'
Monday, June 3, 2024 - 10:39pm | 760China’s Semiconductor Manufacturing International Corp. has reportedly been ramping up its chip production with domestic tools, a move that could potentially counteract U.S. export restrictions. What Happened: SMIC, China’s leading chip manufacturer, is incorporating homegrown...
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Xi Jinping's Representative Calls It 'Unfair To Place Responsibility' Of Resolving Russia-Ukraine War On China
Friday, May 31, 2024 - 10:02am | 512China’s special envoy for European affairs, Wu Hongbo, defended China’s strong ties with Russia and refuted Western allegations of its involvement in the Ukraine crisis. What Happened: Wu, in an interview with The Paper, a state-owned news outlet in Shanghai, asserted that it was unjust...
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Beijing Urges US To Refrain From 'Dangerous And Destabilizing Actions' Amid South China Sea Dispute
Tuesday, May 28, 2024 - 6:53am | 541Beijing has called on Washington to stop meddling in China’s maritime disputes with its neighbors. What Happened: Hong Liang, the Chinese foreign ministry's director general for boundary and ocean affairs, and Mark Lambert, the U.S. State Department's China coordinator, held a virtual meeting...
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Senior US Lawmaker Confirms Taiwan's Ordered Weapons Are On Their Way As China Escalates Military Tensions: 'I'd Like To See It Faster'
Monday, May 27, 2024 - 6:38am | 548A senior U.S. lawmaker has confirmed that the weapons Taiwan ordered are en route. This announcement comes in the wake of China’s recent military exercises, which have been described as “intimidating.” What Happened: Rep. Michael McCaul (R-Texas), revealed on Monday that the...
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China Launches $47.5B State Fund To Bolster Semiconductor Industry Amid Global Chip War
Monday, May 27, 2024 - 2:59am | 441In a bid to strengthen its semiconductor sector, China has established a third state-backed investment fund, injecting a whopping $47.5 billion into the industry. What Happened: The fund, officially known as the China Integrated Circuit Industry Investment Fund, was registered with a capital of 344...
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ChatGPT, Meet XiGPT: China Unveils New AI Model That Speaks Xi Jinping's Thoughts, Spouts Official Party Line
Wednesday, May 22, 2024 - 2:30am | 706OpenAI‘s AI-powered chatbot, ChatGPT, which is currently unavailable in China, appears to have a new rival in the Asian country. China’s top internet regulator has introduced a large language model based on President Xi Jinping‘s political philosophy. What Happened: The LLM, which...
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Xi Jinping's Anti-Corruption Campaign On A Roll: Third Ministerial Dismissal Looms
Monday, May 20, 2024 - 4:57am | 568The Chinese government, under the leadership of President Xi Jinping, is undergoing a significant shakeup with the investigation of Agriculture Minister Tang Renjian for suspected legal and disciplinary violations. What Happened: The Central Commission for Discipline Inspection, China’s anti...
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Russian President, Xi Jinping Pledge To 'Rejuvenate' China-Russia Ties Amid Ukraine Crisis: 'Not Directed Against Anyone'
Thursday, May 16, 2024 - 4:23am | 598Chinese President Xi Jinping and Russian President Vladimir Putin have pledged to strengthen their countries’ relationship, with a focus on resolving the Ukraine crisis. What Happened: The two leaders met in Beijing on Thursday to discuss a range of topics, including the Ukraine conflict,...
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Xi Jinping's Mouthpiece Trolls US After China Vows 'Resolute Measures' Against Biden's Tariff Hike: 'What Doesn't Kill You Makes You Stronger'
Wednesday, May 15, 2024 - 8:16am | 645The Chinese government has strongly condemned the Biden administration for increasing tariffs on a range of Chinese imports, vowing to retaliate, although specific measures have not yet been disclosed. What Happened: China has criticized the additional tariffs as “political manipulation,...
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JPMorgan's Jamie Dimon Urges 'Full Engagement' With China Amid Biden's New Tariffs, But Says 'America Has The Right To Do Things To Protect Itself'
Wednesday, May 15, 2024 - 6:54am | 733Jamie Dimon, the CEO of JPMorgan Chase & Co, emphasized the need for “full engagement” with China, despite its competitive stance against the West. What Happened: Dimon, during an interview with Sky News in London, acknowledged the challenging competition posed by China but...
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Russian President Backs China's Ukraine Peace Plan: 'They Truly Understand Its Root Causes'
Wednesday, May 15, 2024 - 5:11am | 564In a recent interview, Russian President Vladimir Putin expressed his support for China’s proposed resolution to the Ukraine crisis, citing Beijing’s comprehensive understanding of the conflict’s underlying causes. What Happened: Putin, in an interview with China’s Xinhua...