China’s Commerce Minister Wang Wentao said US-China economic relations matter not just to the two countries, but also the rest of the world and expressed appreciation for Raimondo’s remarks that she likes trade with China. He said he was ready to work together to “foster a more favourable policy environmentContinue Reading
BEIJING: US Commerce Secretary Gina Raimondo will visit China next week, Beijing and Washington said on Tuesday (Aug 22), adding to a slew of US officials dispatched in recent months to ease tensions between the world’s largest economies. Washington says it is seeking to better manage its frosty relations withContinue Reading
The Treasury is considering a notification requirement for US investments in Chinese entities involved in less advanced semiconductors, and activities relating to certain types of artificial intelligence. China could exploit US investments to further its ability to produce sensitive technologies critical to military modernisation, the Treasury Department said. But itContinue Reading
Italy’s’s business secretary is wary of trade ties with China. Economy Minister Giancarlo Giorgetti was cited on Friday( Apr 14 ) as saying that Rome must become more cautious in its trade relations with China in light of the Belt and Road Initiative project’s’s partnership with Beijing. Italy joined theContinue Reading
The Singaporean CEO was questioned by US lawmakers about TikTok’s alleged links to China, as well as access to home Wi-Fi networks.Continue Reading
One area Mr Chew succeeded in was explaining some of the nuances around the platform’s algorithm and what makes it successful, says another analyst.Continue Reading
TikTok CEO Chew Shou Zi faced relentless questioning by US lawmakers for more than five hours, over the app’s alleged ties to China and its harmful content to teens.
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Depending on whom you ask, the short-form video app TikTok is where you watch goofy dances and makeup tutorials, or it’s a gravely sophisticated threat to US national security. Because TikTok is owned by a Chinese company, ByteDance – and because China is known to be interested in having its technology companiesContinue Reading
TikTok CEO Chew Shou Zi is set to deny allegations by US lawmakers that the hugely popular video-sharing app had ever, or ever would, share data with the Chinese government.Continue Reading
WASHINGTON: The Biden administration has demanded that TikTok’s Chinese owners divest their stakes in the popular video app or face a possible ban in the United States, the company told Reuters on Wednesday (Mar 15). The move, first reported by the Wall Street Journal, is the most dramatic in aContinue Reading