Putin Says Russia Open to Cutting Military Spending Alongside US, China
The Russian president says he agrees with Donald Trump's aim to slash arms expenditure by 50 percent, after peace is achieved.
Taiwan deploys forces, accuses China of causing "high degree of danger" with military drills off its coast
Taiwan dispatches navy, air force after China launches live-fire drills with no warning
China Takes Tougher Tone on Taiwan, Announces Military Drills
DeepSeek cuts off-peak pricing for developers by up to 75%
Chinese AI startup DeepSeek on Wednesday introduced discounted off-peak pricing for developers looking to use its AI models to build their own products, its website showed, a move that could put pressure on rivals in China and overseas to cut prices.
China Told To Drop Marriage Age To Boost Birth Rate
However, analysts doubt such a change would have an impact in a country where couples are tying the knot later and in fewer numbers than ever before.
Trump’s New Crackdown on China Is Just Beginning
The administration is positioning itself to clamp down on Chinese investment and access to technology. But the wild card may be the president himself.
China to start re-capitalizing banks with $55 billion, Bloomberg News reports
(Reuters) -China plans to inject at least 400 billion yuan ($55.13 billion) into its biggest banks in coming months as part of a broader stimulus package to revive growth in the economy, Bloomberg News reported on Wednesday.
Elon Musk said Tesla used internet videos to train self-driving tech in China
Tesla Updates Driving Tech in China as Competition Revs Up
Tesla Moves One Step Closer to Self-Driving Cars in China
Hong Kong to slash 10,000 civil service jobs, push AI in bid to reverse deficit
Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic uncertainty, geopolitical tensions and a weak property market.
China Plans to Start Bank Capital Hike With at Least $55 Billion
China plans to start re-capitalizing several of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last year to shore up the struggling economy.
Hong Kong Looks to Shore Up Economy as Trade Risks Loom
The Asian financial hub will reduce salaries tax and businesses’ profit tax by 100%, subject to a ceiling of 1,500 Hong Kong dollars, said Hong Kong Financial Secretary Paul Chan.
China says Taiwan 'manipulating' undersea cable cutting incident before facts clear
China's government said on Wednesday that Taiwan was "manipulating" possible Chinese involvement in the latest severing of an undersea communications cable, saying the island was casting aspersions before the facts were clear.
Cook Islands PM Survives No-Confidence Vote Over China Pact
Prime Minister of the Cook Islands Mark Brown speaks during the Sustainable Development Goals (SDG) Summit at United Nations headquarters in New York City, New York, U.S., September 18, 2023. REUTERS/Caitlin Ochs (Reuters) - Cook Islands Prime Minister Mark Brown survived on Wednesday a vote of no confidence in parliament brought by the opposition over deals he struck with China that strained relations with New Zealand.