Yuan drops to 7.1747, with analysts saying markets expected bigger support and were hoping for a larger lending rate cut
Xi has previously said China needs to seize opportunities to use AI to drive economic development, but has also cautioned about its risks
The investment, in a chip packaging facility in the Chinese city of Xian, will include buying packaging equipment from a Xian-based subsidiary of Taiwan's Powertech Technology
Pictures of young Chinese graduating from universities have taken a darker turn this year because 11.6 million students face dim job prospects at a time of record youth unemployment
Chinese tech giant said it would invest 'billions of dollars' - in training, advertising, supporting small vendors looking to join its e-commerce platform TikTok Shop, and more
China's central bank cut the interest rate on its one-year medium-term lending facility on Thursday as data from factory surveys, trade, loan growth and home sales show signs of weakness
US lawmakers are set to introduce a bill to eliminate a tariff exemption widely used by e-commerce sellers to send small orders from China to US shoppers
The US decision to return was partly spurred by concern over China's increased influence, in particular setting standards for artificial intelligence and technology education
The move will allow the chipmakers, which include Samsung, SK Hynix and TSMC, to continue to import US chipmaking tools to China for use in their existing fabs in the country
India threatened to shut down the social media site during the huge farmers' protest, Dorsey said, but a Modi government minister said that never happened
The US, Japan and Taiwan have agreed to share real-time data from reconnaissance drones to improve military coordination and prepare for a potential Chinese invasion, a new report says
The US has added 43 firms – mostly Chinese – to its Entity List, banning them from receiving US exports for activities such as training army pilots and developing hypersonic missiles