Beijing has now reportedly expanded the Yulin Naval Base and plans to build a tunnel between China and Hainan. ( read original story …)
Monthly Archives For January 2021
US accuses China of ‘genocide’ of Uyghurs in Xinjiang
The US has officially determined that China is committing genocide and crimes against humanity against Uyghur Muslims and ethnic and religious minority groups who live in the northwestern region of … ( read original story…
China Outbound M&A Seen Driving Rebound in Loans This Year
Offshore loans in the Greater China region are expected to climb this year, driven by an increase in mergers and acquisitions, after falling to their lowest level in five years. ( read original story …)
China’s Tech Giants Are Muscling In on Lucrative IPO Market
China’s big technology companies, facing a crackdown at home over their dominance in online commerce and push into finance, are finding success in underwriting initial public offerings abroad. ( read original story …)
Shenzhen’s Digital Yuan Test Records Massive Success
The government of Shenzhen, China, has announced via a WeChat post that its digital yuan test exercise, which went live on January 7, this year, has recorded massive success, as residents have used … (…
IT firm NCS launches innovation centre in Shenzhen
Local information technology firm NCS launched an innovation centre in Shenzhen, China, on Monday to drive cross-border collaboration in applications of 5G and other emerging technologies like … ( read original story …)
Antony Blinken, Joe Biden’s State Department Pick, Says Donald Trump ‘Got It Right’ on China
Blinken said “no party has a monopoly on good ideas,” and he embraced Trump’s tough stance in dealing with China. ( read original story …)
Stellantis confident on cost savings, announces China review
Stellantis, the carmaker forged from the merger of Fiat Chrysler and Peugeot-owner PSA, is “very confident” of delivering its planned 5 billion euros ($6.1 billion) of synergies, including 80% within … ( read original story…
Stellantis CEO: all our brands get a chance, China options open
Stellantis, the carmaker forged from the merger of Fiat Chrysler and Peugeot-owner PSA, will give all its 14 brands a chance at success and keep all options on the table for revitalising its … (…
In parting shot, Trump administration accuses China of ‘genocide’ against Uighurs
The Trump administration has determined that China has committed “genocide and crimes against humanity” by repressing Uighur Muslims in its Xinjiang region, Secretary of State Mike Pompeo said on … ( read original story …)
China ‘committed genocide against Uighurs’ – US
China has committed genocide in its repression of the Uighurs and other mainly Muslim peoples, US Secretary of State Mike Pompeo said on Tuesday. Rights groups believe that China has detained up to a ……
Adviser to Five U.S. Presidents Expects China Tariffs to Remain
The upcoming inauguration of Joe Biden as president will allow the U.S. to reboot its relationship with China after a tumultuous four years under Donald Trump. What exactly will that mean for these … (…
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
The fallout from Ant Group’s failed IPO continues, as millions flee five mutual funds that pitched themselves as a way to gain access to the FinTech’s shares. ( read original story …)