Tag Archives: China

China EVs Are Catching Up With Tesla

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying For investors, finding the right sign is part of the game. Stocks don’t necessarily pick themselves, and the investors who do pick them need to know that they’re making the right choice. Fortunately for investors – and the safety of their portfolios – there are reliable signals that a stock is worth buying. One of the best is the insider buying.Insiders are corporate officers, deeply invested in their company’s success or… Source link

Read More »

Google CEO defends US military support, downplays work in China

Rep. Matt Gaetz, R-Fla., questions Alphabet CEO Sundar Pichai over Google’s artificial intelligence work in China. Google CEO Sundar Pichai came under fire from lawmakers on Capitol Hill during a highly-publicized hearing on Wednesday for the company’s decision to pull out of bids for lucrative government contracts following employee backlash – while still carrying on some operations in China. When questioned about decisions to end a bid for the lucrative $10 billion Pentagon JEDI cloud… Source link

Read More »

China accuses US of improperly entering Houston consulate

BEIJING (AP) — China’s foreign ministry complained Saturday that American law enforcement officials improperly entered its consulate in Houston, which was ordered to close in an escalating diplomatic feud. The ministry gave no details, but U.S. federal agents checked the consulate’s doors and a locksmith was seen working on a lock Friday after Chinese diplomats left ahead of a 4 p.m. deadline to close. U.S.-Chinese relations have plunged to their lowest level in decades amid conflicts over… Source link

Read More »

Google and Jio are wading into a market that China really wants to own

While few details are known about the new phone, the deal suggests that Google and Jio could shake up a market where Chinese brands accounted for more than 75% of total sales in the quarter ended in June, according to research firm Canalys. South Korea’s Samsung was the No. 3 seller with just under 17%. “Depending on the product proposition that comes from this Jio-Google partnership, it could potentially pose a challenge,” she added. A Jio-branded smartphone could also benefit from rising… Source link

Read More »

China blasts dam to release floodwaters as death toll rises

BEIJING (AP) — Authorities in central China blasted a dam Sunday to release surging waters behind it amid widespread flooding across the country that has claimed scores of lives. State broadcaster CCTV reported the dam on the Chuhe River in Anhui province was destroyed with explosives early Sunday morning, after which the water level was expected to drop by 70 centimeters (more than 2 feet). Water levels on many rivers, including the mighty Yangtze, have been unusually high this year because… Source link

Read More »

Google Joins Facebook in Investing in India’s Jio Platforms. China Stands to Lose the Most.

Welcome to Foreign Policy’s South Asia Brief, the newsletter that covers the region comprising Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka. This week: Google invests $4.5 billion in India’s Jio Platforms, South Asia records 1.5 million coronavirus infections, mass flooding hits Bangladesh, and Nepal picks a new fight with India. If you would like to receive South Asia Brief in your inbox every Thursday, please sign up here.

Read More »

Barr blasts Apple and Google as ‘all too willing’ to cooperate with China

Attorney General William Barr on Thursday said U.S. technology companies including Apple and Google have been “all too willing” to collaborate with China’s Communist Party, as he tore into that country’s leaders in a fiery speech. Speaking at the Gerald Ford Presidential Museum in Grand Rapids, Mich., Barr said that “over the years, corporations such as Google GOOG, -0.66% GOOGL, -0.91%, Microsoft MSFT,

Read More »