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BEIJING (Reuters) -- IM Motors, a premium electric vehicle brand of state-owned Chinese automaker SAIC, said on Friday it has raised more than 8 billion yuan ($1.1 billion) to work on new smart car models and technologies.
BEIJING — China's Ministry of Commerce met with foreign businesses in Beijing this week in an effort to address operating challenges, but did not reveal much change on major issues.
TAIPEI — Taiwan is facing a steady "drip, drip" of Chinese pressure ahead of the inauguration of its next president in May, with officials in Taipei fearing Beijing could further squeeze the island's room to manoeuvre without resorting to direct conflict.
The South China Sea (SCS) and Taiwan Strait have become focal points of geopolitical tension in the Asia-Pacific region due to conflicting territorial claims and strategic interests.
As Xi Jinping’s regulators tighten their grip on quantitative trading, they are inadvertently giving global investors another reason to make ill-timed comparisons to 2007.
A top trade official at the Department of Homeland Security said in Capitol Hill testimony on Thursday that the Biden administration is concerned about the extent of Chinese manufacturing presence in critical U.S. port operations.
BEIJING — Chinese video content and streaming company iQiyi CFO Wang Jun said he is "excited" about potential new business opportunities with the emergence of OpenAI's text-to-video tool Sora.