A popular medical monitor is the latest device produced in China to receive scrutiny for its potential cyber risks. However, it is not the only health device we should be concerned about. Experts say the proliferation of Chinese health-care devices in the U.S. medical system is a cause for concern across the entire ecosystem. The Contec … Read more
Investors may want to reduce their exposure to the world’s largest emerging market. Perth Tolle, who’s the founder of Life + Liberty Indexes, warns China’s capitalism model is unsustainable. “I think the thinking used to be that their capitalism would lead to democracy,” she told CNBC’s “ETF Edge” this week. “Economic freedom is a necessary, but not sufficient … Read more
Three Chinese navy ships have charted a course along Australia’s eastern coast in a move described as ‘unusual’ by the country’s defence minister. Australia and New Zealand are monitoring the “unusual” presence of a group of Chinese naval vessels spotted in international waters off the Australian eastern coast, defence ministers of the two countries said. … Read more
The People’s Bank of China (PBoC) has set up a fintech committee. Zhang Peng | LightRocket | Getty Images China kept its key lending rates unchanged Thursday, as Beijing prioritizes financial stability over interest rate easing to bolster the economy. The People’s Bank of China held the 1-year loan prime rate unchanged at 3.1%, and … Read more
A Huawei Technologies Mate XT smartphone arranged in Hong Kong on Sep. 24, 2024. Lam Yik | Bloomberg | Getty Images Huawei launched its trifold smartphone outside of China on Tuesday, as it plots a comeback in international markets after getting hammered by U.S. sanctions. The Mate XT will have a starting price tag of … Read more
Beijing — China’s Foreign Ministry took issue Monday with a revised U.S. government fact sheet that removed a line on American opposition to independence for Taiwan. The United States “gravely backpedaled” on its position on Taiwan and sent the wrong message to “separatist forces” on the island, ministry spokesperson Guo Jiakun said. Taiwan and China split … Read more
BEIJING — Chinese businesses are tapping DeepSeek’s newest artificial intelligence model to see how it can improve productivity. The Chinese AI model took the world by storm in recent weeks after showcasing its reasoning process and claims to undercut rival OpenAI’s ChatGPT on cost — despite U.S. restrictions on Chinese access to the advanced semiconductors … Read more
CATL is the world’s largest electric vehicle battery maker and supplier to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images China’s Contemporary Amperex Technology (CATL), the largest electric vehicle battery producer in the world, has filed for listing on Hong Kong’s stock exchange, potentially making it the … Read more
The US Navy described its patrol as a ‘routine’ exercise through the international waterway. China’s military has accused the United States of engaging in risky behaviour in the Taiwan Strait after two US naval ships transited the international waterway. The Chinese People’s Liberation Army (PLA) said it had monitored the movements of the USS Ralph … Read more
Beijing’s emergency ministry reports two people have been rescued and 200 relocated. China has launched a search for more than 30 people after a landslide hit the southwestern Sichuan province. The landslide hit Jinping village in the city of Yibin on Saturday at about 11:50am (03:50 GMT), state broadcaster CCTV reported. Authorities said dozens are … Read more