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A ‘more confident’ China pledges $47.5 billion to jumpstart its homegrown chip development
Fortune· 1 hour agoPrevious efforts to build a chipmaking sector had mixed results, with some notable failures and corruption scandals. China’s third “Big Fund” is led by the Ministry of Finance ...
Chinese foreign ministry spokeswoman promoted to vice-minister
South China Morning Post· 1 day agoHua joined X, formerly known as Twitter, in 2020 as part of Beijing’s wider push to put forth its...
China creates $47 billion chiptech investment fund
The Register· 10 hours agoChina has allocated a big pool of money, hoping to spur domestic semiconductor development. The fund is actually the third version of the "National Integrated Circuit Industry ...
China property: 'underwhelming' stimulus to fall short of refloating market amid sunken buyer...
South China Morning Post via Yahoo Finance· 3 days agoScott Xiong of Wuhan, the capital city of China's central Hubei province, is racked with...
China's property stimulus raises risks for banks in smaller cities, S&P Global says
Reuters· 23 hours agoChina's latest steps to revive its struggling property market could pose risks to banks operating in...
Several Chinese cities slash down payments, mortgage rates to boost property demand
Reuters via Yahoo Finance· 6 days agoThe down payment for first-time homebuyers in Hefei city and Wuhan city have been lowered from 20%...
China Revvs Up LLM Game As Tencent, iFlytek Slash ChatGPT-Like AI Model Prices - Tencent Holdings...
Benzinga· 6 days agoHours earlier, iFlytek revealed that its “Spark” LLM is either free or up to five times cheaper than...
China's outspoken foreign ministry press department chief Hua Chunying promoted to vice-minister
South China Morning Post via Yahoo Finance· 1 day agoOutspoken diplomat Hua Chunying, who has been heading the Chinese foreign ministry's press department, has been promoted to vice-minister, Beijing announced on Monday. After her promotion Hua ...
Opinion | China, South Korea and Japan are talking again – the US should take note
South China Morning Post· 5 days agoChina is eager to provide a geopolitical counterweight to the rejuvenated US embrace of allies in...
Housing buzz about easing in more cities grows
China Daily· 4 days agoChina's property market is rife with speculation that more cities will announce cuts to mortgage interest rates and down payment ratios, like several...
