CNBC: China’s tech sector may see fewer regulatory surprises — not zero, says S&P Global Ratings
China’s internet sector may have seen its worst days over, but it doesn’t mean that regulations from the Chinese government will be easing, said S&P... MORE
CNBC: China’s exports plunge by 7.5% in May, far more than expected
Exports fell 7.5% in May from a year ago, far worse than the 0.4% decline predicted by a Reuters poll.
CNBC: Goldman Sachs says jobs mismatch drove up China’s youth unemployment
Goldman Sachs analysts found a sharp increase in Chinese people studying fields such as education, where hiring demand dropped due to regulation.
CNBC: China’s internet giants bet big on A.I. as Beijing looks to rival U.S. on tech ‘paradigm shift’
On their March quarter earnings calls, Chinese tech giants Baidu, Alibaba and Tencent outlined the progress they’re making with the development of generative AI.
CNBC: Oil dips as weaker China economic data offsets IEA demand forecast
Oil futures edged lower on Tuesday as weaker-than-expected economic data in China offset a forecast of higher global demand from the International Energy Agency (IEA).
CNBC: These maps show how far China’s freight railways are stretching across Asia
It’s all part of Beijing’s Belt and Road initiative, a complex network of infrastructure projects connecting China to its trading partners.
CNBC: Italy signed up to China’s Belt and Road Initiative. Now it’s having second thoughts
Italy has previously been described as a “middle-power” bridge used by Beijing and Moscow.
CNBC: U.S. stops granting export licenses for China’s Huawei, sources say
The Biden administration has stopped approving licenses for U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter.
CNBC: Lawmakers meet with Apple, Disney CEOs as part of talks on competition with China
High-profile tech and media executives shared their experiences of working in and competing with China with lawmakers who visited California this week.
CNBC: After a more than $1 trillion rout, Beijing appears to be warming to Chinese tech giants
Alibaba’s major reorganization is viewed as a sign that the Chinese government could be relaxing its intense scrutiny of the domestic technology sector.
