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Citigroup CEO meets Chinese officials as Beijing touts financial market reforms

China’s Vice-Premier He Lifeng met Citigroup CEO Jane Fraser in Beijing on Thursday, underscoring efforts to open up the nation’s financial markets and attract foreign capital amid geopolitical tensions and a slowing economy. He, the country’s top finance official, told Fraser that the country is “deepening the reform of its financial system and continuing to […]

China creates new AI advisory body, with Alibaba Cloud founder as chief expert

China has created a new specialist committee on artificial intelligence (AI), as part of the country’s vision for the development and governance of the technology, amid simmering tensions between Beijing and Washington. The AI Experts Committee will help spearhead efforts to promote the country’s perspective on how the fast-growing technology should be governed, according to […]

What Prabowo’s China, US trips say about Indonesia’s commitment to neutrality

Indonesia’s new leader Prabowo Subianto has signalled his commitment to a non-aligned foreign policy by visiting both China and the United States on his first trip abroad as president, analysts say, underscoring his balancing act amid rising superpower tensions. Prabowo’s hands-on approach to foreign engagements was evident during his first international tour following his inauguration […]

Chinese strategists call for new approach to nuclear deterrence amid US rivalry

China and the US have deep misunderstandings about nuclear deterrence, according to international relations experts, setting the two powers up for potentially disastrous consequences. According to Jiang Tianjiao, an associate researcher at Fudan University in Shanghai, the two countries even have different definitions of deterrence – one of the most important concepts in military strategy. […]

Former South Korean officials accused of THAAD data leak to China, activists

A former South Korean defence minister and three other senior officials who served in the previous Moon Jae-in administration have been accused of leaking intelligence on a US-built missile system to activists and China. The state auditor alleged that Jeong Kyeong-doo, ex-national security adviser Chung Eui-yong and two high-ranking officers passed information on the Terminal […]