BEIJING (Reuters) – Bank of China’s New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales on U.S. e-commerce platforms this year, the official Xinhu… ( read…
Monthly Archives For January 2019
Pakistan abruptly stopped calling out China’s mass oppression of Muslims. Critics say Beijing bought its silence
Pakistan, China’s largest economic ally in the Muslim world, abruptly stopped censuring Beijing over its unprecedented crackdown on Muslims. The shift clearly illustrates the power of Chinese money, a… ( read original story …)
Reality Check: How safe is it to live in China?
He says that gun crime fell by 27.6% in 2018. The official China News Service shared a video of Mr Li announcing the decline, which has been viewed more than one million times. So how…
Trade Wars: China’s 2019 To-Do list includes tackling spat with US
The U.S. president is increasingly eager to strike a deal with China in an effort to perk up financial markets that have slumped on concerns over the trade war, according to people familiar with inter……
China hawks fear Trump will yield in trade war
Richard Neal, the chairman of the House Ways and Means committee, which has oversight over US trade policy, told the Financial Times that US-China policy had to be “in the best interests” of America “…
Xi’s Leading China Toward Stagnation
China’s economic rise over the past two decades has been … He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian. ( read original story…
It looks like China will beat the US Navy in the railgun race — here’s why it doesn’t actually matter
told Business Insider. The Chinese PLA is actively looking at the military applications of cutting-edge technology, including artificial intelligence and quantum computing. China actually launched the … ( read original story …)
China’s Autonomous Driving Technology Springs up with Kuandeng Technology Taking Important Positions with Its High-Precision Maps
LAS VEGAS, Jan. 12, 2019 /CNW/ — CES 2019 is still appealing and exciting, and Chinese companies are playing more and more important roles in it. Almost one-third of the exhibitors are from China. Es……
Starbucks will be the next US brand to warn of China trouble after Apple, Goldman Sachs says
Apple shares collapsed earlier this month after warning that iPhone sales would fall short because of weakness in the China economy. Starbucks will be next, according to Goldman Sachs. The firm downgr… ( read original…
Asian Development Bank chimes in with dire prediction for China’s 2019 economic growth if trade war deteriorates to worst-case scenario
The outcome of the ongoing US-China trade war will be critical to how China’s economy and those of other Asian nations perform this year, the Asian Development Bank’s president said. If relations were … (…
China sets the stage for a ‘bloody nose’ attack on US aircraft carriers, but it would backfire horribly
the director of the China Power Project noted to Business Insider that these commentators, mainly researchers, didn’t officially speak for China, but said they shouldn’t be totally ignored. A map that … ( read original…
North Korea’s Kim appears to have a big goal: Winning Belt and Road investments from Beijing
North Korean leader Kim Jong Un’s three-day meeting with Chinese President Xi Jinping in Beijing this week likely focused on a range of issues including economic ties, nuclear talks and the possibilit… ( read original…
US direct-to-consumer brands are eyeing China
China is emerging as the next playing field for direct-to-consumer startups. The footwear brand Rothy’s, which sells online and recently announced it made $140 million in revenue in 2018, built … ( read original story…