Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | DealBook Briefing: How China Is Trying to Fix Its Slowdown DealBook Supported by March 5, 2019 Good Tuesday morning. (Was this email forwarded to you? Sign up here .) Beijing promises business relief China’s premier said today that his government would respond to an economic slowdown by cutting taxes, easing burdens on the private sector and giving markets a bigger role, Keith Bradsher and Chris Buckley of the NYT write. 2019 is a “crucial year” for China’s economy, Premier Li Keqiang, the second-ranking official in the country after President Xi Jinping, said at the opening of the National People’s Congress in Beijing this morning. He said the trade war with America had “had an adverse effect,” adding, “We must be fully prepared for a tough struggle.” … [Read more...] about DealBook Briefing: How China Is Trying to Fix Its Slowdown
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Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | DealBook Briefing: A China Trade Deal Might Not Change Much DealBook Supported by March 4, 2019 Good Monday morning. (Was this email forwarded to you? Sign up here .) An expected China trade deal lacks teeth The Trump administration is nearing a trade deal with China that would roll back tariffs on both sides of the Pacific, Ana Swanson and Keith Bradsher of the NYT write. What America could get: • The deal would “require Beijing to make big purchases of American agricultural and energy goods and to lower some barriers that prevent American companies from operating in China.” • The potential agreement “would expand markets for American financial services firms and farmers, in part by requiring that China buy large amounts of energy and farm goods, like liquid natural gas and … [Read more...] about DealBook Briefing: A China Trade Deal Might Not Change Much
Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | DealBook Briefing: Is China Gaming America in the Trade Talks? DealBook Supported by Feb. 22, 2019 Good Friday morning. (Was this email forwarded to you? Sign up here .) U.S. frustrations grow over China trade talks China’s vice premier, Liu He, is scheduled to hold face-to-face trade talks in Washington today, before attending a meeting with President Trump in the Oval Office. There is still plenty to be discussed. “The tone of the negotiations between the two nations has grown more stern,” according to Ana Swanson and Alan Rappeport of the NYT, citing unnamed sources. “American officials have come to realize that China has been repackaging promised reforms and trying to sell them as concessions to Mr. Trump,” which has “caused deep frustration among the … [Read more...] about DealBook Briefing: Is China Gaming America in the Trade Talks?
Sections SEARCH Skip to content Skip to site index Subscribe Log In Subscribe Log In Today’s Paper Advertisement DealBook Supported by Oct. 8, 2018 Good Monday morning. Lloyd Blankfein of Goldman Sachs will be speaking at our “Playing for the Long Term” conference on Nov. 1 at Jazz at Lincoln Center in Manhattan. It will be his “exit interview,” as he talks about his tenure, running the firm during the financial crisis and the transformation of Wall Street. Register to attend . (Was this email forwarded to you? Sign up here .) China’s new trade war weapon may be red tape The trade fight between the U.S. and China is showing little sign of ending: China’s foreign minister warned Secretary of State Mike Pompeo this morning that the U.S. should “stop such misguided activities.” But with Beijing running out of ways to fight back, it may open a new front that could decimate … [Read more...] about DealBook Briefing: The China Trade War Could Decimate Deal-Making
Machine learning and neural networks have never been sexier. The top experts in artificial intelligence are speaking before thousands, signing book deals and attracting gobs of money. The sector is moving from tech niche to center stage stardom. Take for example Kai-Fu Lee, the noted investor, former president of Google China and AI researcher. On Friday, at two speaking engagements in San Francisco, Lee basked in the kind of attention typically reserved for rock stars, not technologists. Young men and women in business attire flocked to him. Investors sought introductions. Even school children asked for autographs. Lee is one of AI’s biggest boosters as well as one of its chief critics. Wherever he speaks- from Silicon Valley to Beijing – he draws big crowds and garners much praise. Business Insider tagged along with Lee as he shuttled in a town car between speaking events last week, part of the promotion for his new book, “AI Super Powers, China, Silicon Valley, and … [Read more...] about We spent a day with China’s rock star of AI, whose new book about China’s superiority in machine learning is jolting American tech companies