Chongqing Ant Consumer Finance, a subsidiary of Alibaba’s spinoff financial arm, Ant Group, has received regulatory approval to raise $1.5 billion to expand itself into the consumer finance business. With the approval, China Banking and Insurance Reg..
Read More »The U.S. military will unveil the U.S. Air Forceunv B-21 Raider on Friday in Palmdale, California. The B-21 Raider is the first new American bomber aircraft in more than three decades and almost every aspect of the program is classified, with artist..
Read More »On the margins of the G-20 gathering of world leaders on November 14, President Joe Biden affirmed that the United States would “compete vigorously” with China. America has its work cut out for it in the tech sector. China has spent years mobilizing ..
Read More »The Eurasian Economic Union (EAEU) is a large-scale economic cooperation initiative between several former Soviet states. It aims to create a shared market similar to the European Union and intends to accomplish this by coordinating economic agendas,..
Read More »Indonesia’s President Joko “Jokowi” Widodo says his nation will appeal a recent ruling from the World Trade Organization (WTO) that favored the European Union in a dispute over Indonesia’s ban on nickel ore exports. Speaking at an investment event in..
Read More »Password manager LastPass announced Wednesday it had suffered its second data breach in three months. CEO Karim Toubba said the company recently detected unusual activity within a third-party cloud storage service that is shared by LastPass and affil..
Read More »Jiang Zemin’s passing this week will have no major political repercussions in China. Unlike Deng Xiaoping’s death in 1997, which helped Jiang to step out of Deng’s shadow and lead with more confidence and style, today Xi Jinping is in firm control of..
Read More »More Chinese cities eased anti-virus restrictions and police patrolled their streets Thursday as the government tried to defuse public anger over some of the world’s most stringent COVID measures and head off more protests. Following weekend demonstr..
Read More »It is perhaps fitting that Jiang Zemin died at the height of Xi Jinping-style governance in China. Just a few weeks after the 20th Party Congress made it official that Xi is paramount leader for life and that the factions that might oppose him (inclu..
Read More »Xi Jinping’s third term as general secretary of the Chinese Communist Party (CCP) has begun. Xi’s own speech and the personnel announcements made to date have exhibited a strong emphasis on national security to further strengthen control over Chinese..
Read More »After over a year and half of quiescence amid China’s tight COVID-19 restrictions, “Xi-plomacy” is back in a big way. Chinese President Xi Jinping returned to international travel in September 2022, with a trip to Kazakhstan and then Uzbekistan to at..
Read More »The Middle East and North Africa region has become a hub for Chinese technological outreach. Over the years, Chinese entities have invested heavily in MENA’s railways, ports, and the energy sector. However, absent an internet connection, software, an..
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