China closes record number of banks as economic growth slows
China closed a record 670 banks last year, or nearly one in four lenders, as Beijing pushes to de-risk amid slowing economic growth.
169 stories
China closed a record 670 banks last year, or nearly one in four lenders, as Beijing pushes to de-risk amid slowing economic growth.
Moog and Niron Magnetics will showcase their rare-earth-free actuator solutions at the Association of the...
US authorities have arrested a California man accused of smuggling more than $300mn of computer servers packed with AI chips to China, the Justice Department said on Thursday. Greg Lui, 38, of San Gabriel, also known as Yiu Kong Lui, was arrested on Wednesday, prosecutors said.
We went inside a US naval shipyard to explore what it will take to rebuild American shipbuilding and catch up with China's growing navy.
On Wednesday, September 30, 2026, China’s People’s Liberation Army (PLA) inaugurated several new training institutions...
Nvidia’s chip-smuggling problem won’t go away as arrests continue.
CSET’s Sam Bresnick shared his expert insight in an article published by BBC. The article examines China’s new regulations on AI companions and the country’s efforts to address concerns around emotional dependency, child safety, and the broader social effects of human-like AI systems.
CSET’s Helen Toner joined Foreign Affairs for a discussion with Kyle Chan on U.S.-China competition and cooperation in artificial intelligence. The post What America and China Fear Most About AI appeared first on Center for Security and Emerging Technology.
A major engineering site dedicated to nuclear fusion has opened in eastern China. The project...
Tencent has signed a five-year lease to use about 100,000 advanced AI chips from Oracle. People familiar with the matter told the Financial Times about the deal. The chips, which are not available in China, sit in several Oracle data centres in South-East Asia.
Turning concrete buildings into large clean-energy storage systems is no longer just a futuristic idea....
Suspected Chinese spies spoofed an Anthropic exec, ex-White House official in AI phishing 17 hours ago
China has millions of small factories—and almost no data on them. Yuxiang Zhou thinks AI can fix both.
The Danish company has pivoted through multiple crises to become the world’s biggest turbine manufacturer. Now, as new competitors emerge and costs rise, its CEO is changing strategy to stay ahead.
A sell-off in technology stocks pushed mainland Chinese equities to their lowest level in more than a year, even as Beijing stepped up support for the economy with a key interest rate cut.
Washington should take the "time to be considerate" before letting Chinese cars in, the Ford CEO warns.
A California technology executive faces federal charges over an alleged scheme to move more than...
The prompted criticism from activists and US lawmakers over the coffee giant’s decision to expand into an area widely scrutinized for human rights violations.
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