Tag: China

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Now, the most-capable executive after Musk is Tesla’s Chinese boss

Tom Zhu, the head of China for Tesla Inc. (TSLA.O), has been elevated to oversee directly both the company's North American and European sales...

Large no-game pledges are a tricky card for Macau casinos to play

The question of whether Macau's casinos will be able to properly comply with a government decree to diversify aside from their cash cow: gaming,...

China’s December production shrank significantly while COVID rose

In December, China's manufacturing activity decreased for the third consecutive month and at its fastest rate in almost 3 years as COVID outbreaks spread...

Faced with U.S. sanctions, China is preparing a $143 billion plan for its chip companies

Three sources claimed that China is putting up a $143 billion support plan for its semiconductor industry as part of a major effort to...

U.S. lawmakers reduce proposed restrictions on Chinese semiconductors

According to a recent draught, U.S. senators have backed down from a proposal that would have imposed new restrictions on the use of Chinese...

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Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

A coalition of 21 financial institutions, including Goldman Sachs,...

China Deploys Traffic Robots to Handle Routine Police Duties

China is testing humanoid robots for traffic-control work, assigning...

Pentagon Push for Faster AI Development Drives Smack Technologies’ $61 Million Funding Round

Smack Technologies, a defense technology startup developing artificial intelligence...

General Atlantic’s IPO Plans Revived With JPMorgan as Lead Bank

Investment firm General Atlantic is moving ahead with plans...

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