China Financial News
28.07 / 22:23
Pool
Cycling
show
canoeing
mountaineering
freestyle
Olympics 2024 schedule for Monday, July 29: How to watch Team USA, China's medal events in Paris
Olympics 2024 schedule for July 29, Monday has been unveiled. The roster shows that there will be multiple Gold medal matches and medal events for archery, artistic gymnastics, canoe slalom, cycling mountain bike, diving, equestrian, fencing, and other sports.
28.07 / 12:02
UPS
Racing
Freedom
reports
testing
China’s ‘socialist’ AI chatbots: Is this a doomed project?
Beijing’s rigorous push for chatbots with core socialist values is the latest roadblock in its effort to catch up with the US in a race for artificial intelligence (AI) supremacy. It’s also a timely reminder for the world that a chatbot cannot have its own political beliefs, the same way it cannot make human decisions. It’s easy for finger-wagging Western observers to jump on recent reporting that China is forcing companies to undergo intensive political tests as more evidence that AI development will be knee-capped by the government’s censorship regime.
28.07 / 11:25
UPS
Man
Mobile
Myanmar
country
Inside
mountaineering
Posing as ‘Alicia,’ this man scammed hundreds online. He was also a victim.
MAE SOT, Thailand—In late December, Guracha Belachew Bersha helped lead a small but brazen rebellion. He’d been enslaved for 16 months in a twisted new criminal empire in which Chinese gangsters traffic people from around the world, often to remote and lawless parts of Southeast Asia, and force them to sit at computers all day scamming strangers online. The cyber frauds they’re forced to commit are called pig butchering, named for the way the perpetrators fatten up their victims by gaining their trust before taking their money and cutting them loose.
28.07 / 09:59
COST
UPS
Target
security
President
War
Win or lose, the Trump-Vance candidacy will impact the global order
Even as the US Democratic Party works to secure a formal nomination for Kamala Harris after President Joe Biden’s decision to bow out of the electoral process, the Republican National Convention earlier this month put its stamp on former president Donald Trump’s candidacy for the White House. Trump also announced the junior senator from Ohio since 2023, J.D.
28.07 / 09:36
markets
Provident
Manufacturing
performer
country
cover
Updates
Market bull run keeps India at top among its peers in June: Mint’s EM tracker
Mint's emerging markets (EM) tracker for a seventh straight month, thanks to a stellar performance by the stock market, whose average monthly capitalization rose by 5.3%, the best among all other emerging market peers in the league table. Apart from India, Malaysia was the only other country to witness a rise in its stock market capitalization during the month. Strong GDP growth and Purchasing Managers’ Index manufacturing also played a role in keeping India on top.
28.07 / 09:13
markets
UPS
Manufacturing
Strategy
Mobile
Trade
country
Need to take nuanced approach for FDI from China: Official
foreign direct investments from China, and the government can consider FDI applications from Beijing in sectors involving high-end technologies like electric vehicles and batteries, which are not available in other nations, an official said. China has some modern capital equipment of different types, which can be important for India.
28.07 / 08:34
UPS
Trade
country
electronic
information
reports
WTO accepts India, Taipei's request to delay adoption of ICT import duty dispute ruling till Oct
WTO's dispute settlement body has accepted a request from India and Chinese Taipei not to adopt the ruling against New Delhi's import duties on certain information and technology products till October-end, as both sides are engaged in resolving the matter mutually, an official said. The issue came up during a meeting of the dispute settlement body (DSB) in Geneva on July 26.
28.07 / 08:28
Citi
Digital
Man
Death
reports
mountaineering
At least 12 killed by mudslide in China as heavy rains from tropical storm Gaemi drench region
mudslide hit a homestay house in a tourist area in southeastern China on Sunday as heavy rains from what remained of a tropical storm drenched the region, state media said.
28.07 / 07:17
markets
Digital
CEO
Action
information
reports
Updates
Cipla expects to commence supplies to US from China plant later this year
Cipla expects to commence supplies to the US market from its China facility in the second half of the current fiscal after getting approval from the American health regulator, according to its MD and global CEO Umag Vohra. Addressing shareholders in the company's Annual Report for 2023-24, he noted that the company is working with the USFDA to resolve issues with its various domestic plants.
28.07 / 07:15
UPS
MET
Progressive
Strategy
WhatsApp
Jaishankar, Blinken discuss regional, global issues during meeting in Tokyo
Jaishankar on Sunday met US Secretary of State Antony Blinken and held a wide-ranging discussion on bilateral ties and regional and global issues. The two leaders met on the sidelines of the Quad Foreign Ministers' meeting in Tokyo.
28.07 / 04:49
Citi
Southern
country
reports
evacuation
Schools
Remnants of Typhoon Gaemi trigger flash floods in northeast China
Tropical Storm Gaemi triggered flash floods in northeast China on the border with North Korea and brought railway disruptions and landslides to other parts of the country, state media reported on Sunday.
28.07 / 04:49
UPS
Digital
Election
Trade
President
Bitcoin
country
Trump cites China competition in vowing to create bitcoin 'stockpile'
Trump told a bitcoin conference on Saturday that the U.S. must dominate the sector or China would, his latest move to court advocates of cryptocurrency, which Beijing has restricted and which he once dismissed as a «scam.» Speaking at the Bitcoin 2024 convention in Nashville, Trump positioned himself as the pro-cryptocurrency candidate ahead of the Nov. 5 presidential election, saying he would make the U.S. the world's cryptocurrency leader and embrace friendlier regulations than likely Democratic nominee Vice President Kamala Harris.
28.07 / 02:35
28.07 / 02:06
Target
Google
WhatsApp
Experts
Olympics
Schools
Cyber
Olympics’s cyber team braces for onslaught from hackers
Paris Summer Olympics expect a flurry of cyberattacks, and with good reason. Russia is shut out of the Games; geopolitical tensions in the Middle East and the South China Sea are running high; cybercriminals continue to bombard computer networks with hacking attempts.
27.07 / 20:06
Action
Matthews
Simulation
President
War
Department
US hails 'productive' meeting between Blinken and China FM
United States hailed «open and productive» discussions between China's foreign minister and Secretary of State Antony Blinken in Laos on Saturday in which Blinken raised US concerns over Beijing's «provocative actions» around Taiwan.
27.07 / 12:57
FIVE
HANS
country
diving
One down, seven to go: China wins first diving gold as it pursues unprecedented sweep of all eight
China won its first gold medal in diving on Saturday on the first full day of competition in the Paris Olympics, a perfect start for the team of Chang Yani and Chen Yiwen. China has ruled diving for decades, and three years ago in Tokyo, it won seven of eight gold medals. But, it's never pulled off the elusive gold sweep. That's the goal this time.
27.07 / 12:36
markets
COST
UPS
reports
International
Pakistan jittery as suspense continues on energy sector loan from China
China linked to the ambitious China-Pakistan Economic Corridor. Muhammad Aurangzeb, Pakistan's Minister for Finance and Revenue, and Sardar Awais Ahmad Khan Laghari, the Minister for Energy (Power Division) are both in Beijing for the last three days, media reports said here on Saturday.
27.07 / 08:09
27.07 / 06:28
security
Myanmar
country
peace
Grappling with maritime disputes and Myanmar crisis, ASEAN top diplomat meetings joined by US, China
South China Sea, escalating fighting in Myanmar, and regional rivalry. Meetings on Saturday will bring together in the same room allies of the Association of Southeast Asian Nations — including the United States, China, Russia, Japan, India and Australia — to bolster their relationships and discuss key security issues and other regional affairs.
27.07 / 05:57
UPS
BLOCK
Strategy
Trade
President
International
US spars with China over who subsidises its industries the most
China sparred over industrial subsidies at the World Trade Organization on Friday, with Beijing asking to set up a dispute panel to review the Inflation Reduction Act’s tax credits and Washington responding by accusing China of hypocrisy.
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