In the aftermath of Sequoia Capital’s big reveal earlier this week that its China- and India-based affiliates are spinning off into independent entities, we reached out yesterday to someone who we thought might have an opinion on the development. Erik Lassila is a former VC whose Silicon Valley-based fund of funds business, Peakview Capital, was...
© Reuters. FILE PHOTO: Airplane is seen in front of Chinese and Taiwanese flags in this illustration, August 6, 2022. REUTERS/Dado Ruvic/Illustration TAIPEI (Reuters) – Taiwan detected 37 Chinese military aircraft flying into its air defence zone starting on Thursday morning, some of which flew into the western Pacific, the island’s defence ministry said. Source:...
© Reuters. FILE PHOTO: U.S. and Chinese flags are seen in this illustration taken, January 30, 2023. REUTERS/Dado Ruvic/Illustration BEIJING (Reuters) -The U.S. ambassador and a State Department official held candid and productive talks on Monday with Chinese officials and made clear that Washington would stand up for its interests, the State Department said. The...
Mon 05-06-2023 19:44 PM BEIJING, 5th June, 2023 (WAM) — China’s pursuit of a unified domestic market will provide various market entities, including foreign-invested enterprises, with a better environment and a bigger arena, the Chinese Ministry of Commerce said on Monday. “The unified domestic market we are constructing will be a global-oriented and fully open...
By Ben Blanchard and Laurie Chen TAIPEI/BEIJING (Reuters) -The U.S. Navy has released a video of what it called an “unsafe interaction” in the Taiwan Strait, in which a Chinese warship crossed in front of a U.S. destroyer in the sensitive waterway, a risky incident amid deteriorating Sino-U.S. ties. The encounter comes as both countries...
3/3 © Reuters. FILE PHOTO: U.S. Navy guided-missile destroyer USS Chung-Hoon sails alongside the Royal Canadian Navy frigate HMCS Montreal during Surface Action Group operations as a part of exercise “Noble Wolverine” in the South China Sea May 30, 2023. U.S. Navy/Na 2/3 WASHINGTON (Reuters) -A Chinese warship came within 150 yards (137 meters) of...
© Reuters. FILE PHOTO: China’s former Ambassador to the United States Cui Tiankai attends the Lanting Forum in Shanghai, China April 21, 2023. REUTERS/Aly Song By Chen Lin and Greg Torode SINGAPORE (Reuters) – The United States should ease off military deployments close to China in an act of “good faith” if high-level defence talks...
© Reuters. FILE PHOTO: Workers work on a flight of Air China on the tarmac at the Beijing Capital International Airport in Beijing, China, March 28, 2016.REUTERS/Kim Kyung-Hoon By David Shepardson WASHINGTON (Reuters) – Chinese airlines are avoiding flying over Russian airspace in newly approved flights to and from the United States, according to flight...
Here comes yet more money for AI startups. Today, the Chinese search giant Baidu announced that it plans to establish a venture fund with 1 billion yuan ($145 million) to back start-ups focused on content generated by artificial intelligence applications. Reuters, which reported the news earlier, said the company will also launch a competition for...
By Luc Cohen NEW YORK (Reuters) – A former New York City police sergeant charged with acting as an illegal Chinese agent for allegedly intimidating a U.S.-based fugitive from China went on trial on Wednesday and argued he did not know that country’s government was behind a private surveillance job he took. Federal prosecutors in...