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Former US president Barack Obama explains that he was ‘hamstrung’ on dealing with China’s trade policies by global economic meltdownObama says he ‘had to make sure we did not start a trade war that tipped the world into a depression’, on the back of the global financial crisis of 2008-09
SenseTime and Megvii, the most valuable Chinese AI unicorns worth US$7.5bil and US$4bil respectively, were added to the US Entity List in October last year. In 2019, surveillance was the biggest single end-use for AI in China, accounting for 53.8% of all AI-powered applications.
Tariffs may have hurt China’s economy somewhat, but at the cost of also hurting US consumers in the process.
PHNOM PENH, Sept 7 (The Phnom Penh Post/ANN): Cambodia and the US have vowed to continue promoting trade and investment at the US-Cambodia Trade and Investment Networking and Mini-Exposition.
BEIJING (China Daily/ANN): China welcomes US companies to continue expanding their investment in the country and supports the strengthening of mutually beneficial cooperation by firms from both sides, a senior government official said.
HONG KONG (AFP): Asian markets mostly rose Tuesday (Aug 25) with investors taking reassurance from news that China and the US had agreed to press on with their trade pact, while hopes for a virus treatment provided extra support.
BEIJING, July 24 (China Daily/ANN) Beijing said on Thursday that US allegations that China's consulate in Houston operated outside ordinary diplomatic norms are "malicious slander", saying Washington's move seriously damages bilateral ties.
MICHIGAN: Ford Motor Co has a lot riding on the overhauled F-150 pickup it’s unveiling this week.
BEIJING (Reuters): China's finance ministry announced on Tuesday (May 12) a new list of 79 US products that will be eligible for import tariff waivers for one year.