The United States fears that China could use its dominant position in supply chains as an additional means to increase its political and military influence, according to an intelligence report released Wednesday. The “Annual Threat Assessment”, drawn up by the services of the national intelligence directorate, concludes that China already uses its dominance of supply […]
Tag: China
ChatGPT is banned in China, but students love it
Many Chinese students turn to ChatGPT, which generates text through artificial intelligence, to help them with their homework, even though the app is officially inaccessible in China. Launched last November by a California start-up, this robot – capable of producing essays, poems or computer programs in a matter of seconds – causes a sensation. ChatGPT […]
Russia Responds To Chinese ‘Joke’ Saying US Is ‘Invisible Hand’ In Ukraine
Russia stated on Tuesday that USA is driving the war on Ukraineassuring that the Chinese foreign minister was joking when he said that the fault lay with a “invisible hand” The spokesman for kremlin, Dmitry PeskovHe gushed about China’s importance in world affairs, saying that Moscow is paying close attention to the 12-point peace plan […]
China announces a 5% cut in its central government employees
The state institutions of the central government of China They will cut their staff by 5%, according to a plan made public today during the meeting of the National Popular Assembly (ANP, Legislative). Despite the cut -pending approval-, the State Council (Executive) will continue to consist of 26 ministries, says the state agency Xinhua. The […]
China warns the US of the risk of a “conflict”
China accused this Tuesday USA to inflame tensions between the two powers and warned of the risk of a “conflict” and of a “confrontation”. Disputes between Beijing and Washington have multiplied in recent years on issues such as Taiwan, sovereignty in the South China Sea, the imbalance in the trade balance or the treatment of […]
Lithium cools in China after end of electricity subsidies
Lithium, a key material for the manufacture of electric vehicle batteries, multiplied its price several times throughout 2022 to subsequently lose almost 30% of its value in just three months in the Chinese market, the largest in the world. world for this type of car. Lithium carbonate reached its peak at the end of November […]
Billionaire Mark Mobius says he can’t get money out of China
The Billionaire Investor Mark Mobius He told FOX Business that he can’t get his money out of China because of the country’s capital controls, and warned investors to be “very, very careful” when investing in an economy under tight government control. “I have an account at HSBC in Shanghai. I can’t get my money out. […]
China expects its economy to grow by around 5% in 2023
The objective is in line with what was expected by analysts and follows what was established in 2022, of between 5% and 5.5% growth, although China finally only increased by 3% after the harsh restrictions and confinements due to its policy ‘Zero COVID’. China an economic growth target of “around 5%” was set for this […]
China lowers GDP growth target for 2023: government report
Government Chinese set a slightly lower annual economic growth target on Sunday compared with last year’s target, as the world’s second-largest economy is just beginning to emerge from three years of severe coronavirus restrictions. COVID-19. China set its 2023 growth target for its economy at around 5%, according to a government report released at the […]
Annual parliament meeting begins in China, which will give Xi Jinping third term
The Parlament Chinesesubordinate to the Communist Party (CPC), begins its annual session on Sunday, in which the growth objective and the military budget for 2023 will be revealed and where Xi Jinping will confirm an unprecedented third presidential term. The nearly 3,000 representatives of the National People’s Assembly (ANP) who attend have been elected thanks […]