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Tag Archives: China39s

The Saudi Crown Prince defends China's right to bring Uyghur Muslims to concentration camps

M oh am bin Salman, the Crown Prince of Saudi Arabia, defended China's use of concentration camps for Muslims on Friday and said it was Beijing's "right." "China has the right to carry out anti-terrorism attacks Terrorism and de-extremism are contributing to its national security," said Prince Mohammed, who signed several million trade agreements in China over the anger of …

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Fang Fenghui: China's ex-top general imprisoned for life

Copyright AFP Caption Caption Fang Fenghui with President Xi Jinping in 2017 A former high-ranking Chinese general sentenced to life imprisonment for corruption. Fang Fenghui, former head of the joint staff of the People's Liberation Army, was found guilty of bribery for wealth that he could not explain, according to Xinhua. The 67-year-old accompanied President Xi Jinping at his first …

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China's producer prices are slowing for the seventh time in a row, raising fears of deflation. From Reuters

© Reuters. FILE PHOTO: Workers inspect steel tubes at Hebei Huayang Steel Pipe Co. Ltd. steel plant in Cangzhou BEIJING (Reuters) – China's factory gate inflation slowed to a slow pace for the seventh consecutive month in January, raising concerns the second largest economy in the world could bring about a return to deflation as domestic demand slows down. Consumer …

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China's blockbuster The Wandering Earth is rich, beautiful and stupid

We are experiencing a fascinating era of rapid change for the blockbuster movie model. American producers who want to bring their $ 200 million films into the lucrative Chinese market are increasingly looking for Chinese production partners, turning to Chinese locations, and adding Chinese-friendly characters and storylines to American films, even extra scenes just for the Chinese editing of films. …

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China's AI Tech is "1984 Big Brother"

The Godfather Yoshua Bengio, a computer scientist widely regarded as one of the three "godparents" of deep learning, opened his fear of using China's technology in a recent interview with Bloomberg he co-developed to survive and manipulate large populations. "This is the Big Brother scenario of 1984," he told the business magazine, referring to George Orwell's classic dystopian novel on …

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China's naval gun ready for war by 2025: US intelligence

Mark Ralston | AFP | Getty Images Chinese sailors form an honor guard during a welcoming ceremony on September 6, 2012 in the Great Hall of the People in Beijing. WASHINGTON – China tested the world's most powerful naval gun earlier this month People with direct knowledge of a US intelligence report are expected to be ready for war by …

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Alibaba Profit: China's weakening effect on spending on electronic commerce is a key factor

Given the uncertainty of investors regarding the economic situation in China and the impact of trading volatility, Alibaba Group Holding Ltd. on Wednesday give their opinion on the country's consumer spending. Chinese e-commerce giant is expected to release third-quarter results ahead of Wednesday's market opening. The company's holiday season results will show whether it has suffered from a general slowdown …

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China's industrial gains in December shrink again due to weak demand, headwinds from trading Reuters

© Reuters. FILE PHOTO: Workers Strolling Around an Ansteel Steel Slag Processing Plant in Anshan By Stella Qiu and Ryan Woo BEIJING (Reuters) – Chinese industrial companies' earnings shrank in December for a second straight month due to price cuts and a decline in sales Factory activity is putting more pressure on an economy that has been in its weakest …

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Why China's economic slowdown could trigger a major recession

China's GDP has slowed to the worst pace in 28 years, and analysts worry it could trigger a global recession. | Source: Shutterstock From CCN.com: According to new figures from the International Monetary Fund (IMF), the European Central Bank (ECB) and the Chinese government, Europe and China, are struggling 2018 after a weak year of growth. ECB President Mario Draghi …

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