On Wednesday, the PBOC conducted 160 billion yuan of seven-day reverse repos priced to yield 2.45 percent, 70 billion yuan of 14-day contracts with a yield of 2.6 percent, and 10 billion yuan of 63-day contracts with a yield of 2.9 percent.
On cyber-security issue, China and Canada agreed that neither country's government would conduct or knowingly support cyber-enabled theft of intellectual property, including trade secrets or other confidential business information, with the intent of providing competitive advantages to companies or commercial sectors, it read.
On regulation, Zuckerberg said he was open to it.
On Thursday, governors of seven Northeast states — New York, New Jersey, Connecticut, Rhode Island, Delaware, Pennsylvania and Massachusetts – stressed the need for testing college students and said schools should isolate and quarantine those testing positive.
On Tuesday, iFlytek also unveiled a smart microphone named Morfei, which has built-in voice recognition and natural language understanding technologies. The device is designed to lower the threshold for home appliance-makers and hotels to integrate AI technologies into their products.
On Tuesday, Huawei founder Ren Zhengfei said he anticipates the US will continue to lobby against the company.
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On Thursday, in response to media reports that UK chip firm Arm Holdings told its staff to suspend dealings with Huawei, Ren Zhengfei, CEO of Huawei, said in an interview with Chinese financial media website Caixin that his company has acquired a permanent licensing of the ARM architecture, the basis for Huawei to design its chips.
On VMWare’s competition with Amazon and Microsoft in the cloud: We are an enterprise company, we are not a consumer company. We really come at it from the infrastructure up. We start by modernizing the data center, then making it more cloud-like, then moving it to developers and end users. So we’ve come from that angle. We are trying to do most of this in a way that preserves choice. At least Amazon and Microsoft, the journey to the cloud ends at their data center. It doesn’t allow you to come out or go to other ones. That’s a pretty big difference, and we think it’s a pretty important one.
On economic and trade issues, solutions should be worked out through dialogue and consultation on the basis of mutual respect and balanced approach to address the concerns of each side aiming at win-win outcomes, Cui said.
On the Mountain View campus at Google's headquarters in northern California, hundreds of employees also staged a walkout to express their discontent about Google's lax handling of sexual harassment at the company.