Biden Administration Adopts Rules to Guide A.I.’s Global Spread

Biden Administration Adopts Rules to Guide A.I.’s Global Spread

The Biden administration issued sweeping rules on Monday governing how A.I. chips and models can be shared with foreign countries, in an attempt to set up a global framework that will guide how artificial intelligence spreads around the world in the years to come. With the power of A.I. rapidly growing, the Biden administration said … Read more

China’s Trade Surplus Reaches Nearly $1 Trillion

China’s Trade Surplus Reaches Nearly $1 Trillion

China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own businesses and households spent cautiously on imports. When adjusted for inflation, China’s trade surplus last year far exceeded any in the world in the past century, even those of export powerhouses … Read more

China’s New Mining Tech Fastens Rare Earth Element Production, Reduces Pollution: Report

China's New Mining Tech Fastens Rare Earth Element Production, Reduces Pollution: Report

China has introduced a revolutionary technology that can significantly enhance the efficiency of rare earth element production, achieving what has been described as “unprecedented” recovery rates. As per a study published in the Chinese Academy of Sciences (CAS) as cited by South China Morning Post (SCMP), this innovative method based on electric fields has managed … Read more

China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government bonds. The central bank’s unexpected action is aimed at braking a recent shift by investors toward purchasing bonds while shunning riskier assets like stocks and real estate. That shift has driven China’s long-term … Read more

R. Nicholas Burns, U.S. Ambassador, Says China Is Aligned With ‘Agents of Disorder’

R. Nicholas Burns, U.S. Ambassador, Says China Is Aligned With ‘Agents of Disorder’

The United States ambassador to China, R. Nicholas Burns, said the Biden administration is making a last push to try to persuade China to stop transferring equipment to Russia for the war in Ukraine. Mr. Burns, in an interview at the U.S. embassy in Beijing, asserted that nearly 400 Chinese companies have supplied Russia with … Read more

TikTok, Facing a US Ban, Is Also Waging Legal Battles Around the World

TikTok, Facing a US Ban, Is Also Waging Legal Battles Around the World

Russia fined TikTok for not removing prohibited content. The results of a presidential election in Romania were thrown out over concerns the app had been used to spread foreign influence. Albania banned TikTok for a year following the stabbing death of a teenager by another one after the two quarreled online. “Either TikTok protects the … Read more

In Tibet, Earthquake Survivors Face Freezing Weather Conditions

In Tibet, Earthquake Survivors Face Freezing Weather Conditions

Rescuers working in subzero conditions and bracing winds searched the rubble on Wednesday after a strong quake in Tibet toppled thousands of houses in a remote area near the northern foothills of Mount Everest. Tens of thousands of residents were being transferred to safety while dozens were being treated for injuries. At least 126 people … Read more

U.S. Defense Department says Tencent and other Chinese companies have ties to China’s military

U.S. Defense Department says Tencent and other Chinese companies have ties to China's military

The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent, artificial intelligence firm SenseTime and the world’s biggest battery maker CATL, to a list of companies it says have ties to China’s military. In recent years, Washington has sought to restrict sharing of advanced technology, including semiconductors and AI, … Read more