Tag Archives: China

MGM Resorts extends branding deal as MGM China strengthens Macau performance

MGM Resorts extends branding deal as MGM China strengthens Macau performance Suswati Basu     MGM Resorts International has signed a new long-term branding deal with MGM China Holdings, strengthening the partnership as MGM China continues to post solid financial results. The updated agreement kicks in on January 1, 2026, and will run through the … Continue reading MGM Resorts extends branding deal as MGM China strengthens Macau performance

How IBM, Dell, and Cisco helped China with the surveillance and detention of thousands

September 09, 2025 How IBM, Dell, and Cisco helped China with the surveillance and detention of thousands BY Associated Press The body camera hung from the top of the IV drip, recording the slightest twitch made by Yang Guoliang as he lay bloody and paralyzed in a hospital bed after a police beating with bricks. By … Continue reading How IBM, Dell, and Cisco helped China with the surveillance and detention of thousands

Is Christmas canceled? China seems to think so, blaming Trump’s tariffs

April 09, 2025 Is Christmas canceled? China seems to think so, blaming Trump’s tariffs BY Reuters Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven’t. U.S. President Donald … Continue reading Is Christmas canceled? China seems to think so, blaming Trump’s tariffs

Amazon loophole allows China to access high-end U.S. AI, chips

August 23, 2024 Amazon loophole allows China to access high-end U.S. AI, chips China is bypassing sanctions by using Amazon Web Services to access advanced American computing power. BY Reuters State-linked Chinese entities are using cloud services provided by Amazon or its rivals to access advanced U.S. chips and artificial intelligence capabilities that they cannot acquire … Continue reading Amazon loophole allows China to access high-end U.S. AI, chips

Baijiu makes its way West, heating up a spirits turf war with China

June 26, 2024 Baijiu makes its way West, heating up a spirits turf war with China Chinese companies’ moves to push baijiu outside of China come as Western drinks like Pernod Ricard and Diageo muscle in on Chinese liquor makers’ turf, tempting China’s twenty- and thirtysomethings with Irish and Scotch whiskies in particular. BY Reuters Makers … Continue reading Baijiu makes its way West, heating up a spirits turf war with China

China is using TikTok to ‘spy on’ Americans, say 46% of people polled

May 01, 2024 China is using TikTok to ‘spy on’ Americans, say 46% of people polled The Reuters/Ipsos poll showed that Republicans were more likely than Democrats to think China was using the app to sway U.S. opinions. BY Reuters A majority of Americans believe that China uses TikTok to shape U.S. public opinion, according to … Continue reading China is using TikTok to ‘spy on’ Americans, say 46% of people polled

Apple revenue jumps 2%, but sliding iPhone sales in China worry investors

  By Reuters February 01, 2024 Apple on Thursday reported sales and profit that beat Wall Street estimates, powered by growth in its iPhone business. But China sales missed analysts’ targets. Apple shares were down 1.7% in after-hours trading. The 2% rise in overall fiscal first-quarter sales for the company ended four straight quarters of … Continue reading Apple revenue jumps 2%, but sliding iPhone sales in China worry investors

Ant Group, Jack Ma-founded fintech giant, gets fined almost $1 billion by China regulators

  By Associated Press July 07, 2023 Chinese regulators are fining Ant Group 7.123 billion yuan ($985 million), claiming the financial technology provider violated laws related to corporate governance and consumer rights. The People’s Bank of China imposed the fine on Friday. “We will comply with the terms of the penalty in all earnestness and … Continue reading Ant Group, Jack Ma-founded fintech giant, gets fined almost $1 billion by China regulators