A cluster of Chinese firms is poised to win big from the energy crisis set off by the war in the Middle East, building on booming investment in artificial intelligence.
Category: China
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China’s Electrostate Is Poised to Win From War in the Middle East
The New York Times – Business: -
The Escalating Global A.I. Arms Race
The New York Times – Business:China, the U.S., Russia and others have ramped up their contest over artificial-intelligence-backed weapons and military systems. The buildup has been compared to the dawn of the nuclear weapons age.
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Middle East War Triggers Higher Prices in China
The New York Times – Business:Three and a half years of deflationary pressure on Chinese factories reversed course last month as higher energy prices cycled into the economy.
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How China Built Its Vast Natural Gas Stockpile
The New York Times – Business:Natural gas is hard to store, but China has found a way to do it, while also developing alternate suppliers and expanding production at home.
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‘Definitely a Sham’: As Tariffs Climb, Trade Fraud and Accounting Tricks Proliferate
The New York Times – Business:U.S. imports from China have shrunk drastically. But billions of dollars of the change appear to be the result of accounting gimmicks and outright fraud.
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This Is Not China’s War, but Beijing Started Preparing for It Years Ago
The New York Times – Business:Long concerned about geopolitical crises, China redoubled efforts to secure energy security when President Trump started raising the stakes in his first term.
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China Mourned an Education Influencer. The Grief Was a Quiet Revolt.
The New York Times – Business:Zhang Xuefeng helped people navigate the country’s unforgiving higher education system. The public outpouring after his death was a quiet rebuke to the punishing process.
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Rival Nations Seize On Choke Points to Counter Trump
The New York Times – Business:From Iran to China, President Trump’s global aggression has encouraged other countries to search for new ways to pressure the U.S. economy.
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Robot Taxis Stop in Traffic in Chinese City, Stranding Travelers
The New York Times – Business:The authorities in Wuhan, the site of one of the world’s largest experiments in self-driving cars, cited a “system failure” after widespread reports on Tuesday evening.
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Why the Iran War May Force Countries to Rely Less on Natural Gas
The New York Times – Business:The U.S. and other exporters are poised for a windfall, but disruptions to Persian Gulf supplies are also pushing gas-buying countries to consider alternatives like coal, solar and nuclear energy.
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China Eases Planned Increase to Gas Prices for 300 Million Drivers
The New York Times – Business:In China, where half of new cars are electric vehicles or hybrids, a vast population still depends on gas. The government stepped in on Monday to “mitigate” the pain of surging costs.
