A 27-year-old executive has reportedly been detained by Chinese authorities for allegedly misappropriating bitcoin owned by the state.
Monthly Archives For April 2021
China’s Propaganda Against Foreign Media Increases
“No brands were able to rule out a link further down their supply chain,” the report said. As part of an apparent campaign to defend China’s Xinjiang policies, state media and social media posts tried…
Xinjiang cotton: Western brands blurred on China TV
Chinese TV stations have been blurring out Western brand logos in their programmes, in a show of support for China’s Xinjiang cotton campaign. The move has delayed some broadcasts, as post-production …
China Issues New Threats to Taiwan: ‘The Island’s Military Won’t Stand a Chance’
Beijing considers Taiwan a renegade province of mainland China, not a sovereign nation. “The PLA exercises are not only warnings, but also show real capabilities and pragmatically practicing …
China’s Didi Chuxing raising $1.5 billion in debt as it nears blockbuster IPO: Reports
Chinese ride-hailing giant Didi Chuxing is said to be raising $1.5 billion in debt financing ahead of a blockbuster U.S. IPO, according to multiple reports.
Pakistan approves China’s Sinovac COVID-19 vaccine for emergency use
The Drug Regulatory Authority of Pakistan (DRAP) has approved China’s Sinovac COVID-19 vaccine for emergency use, the National Institute of Health in Islamabad confirmed on Friday. According to a …
Italy vetoes takeover of semiconductor firm by Chinese company Shenzhen – sources
ROME, April 9 (Reuters) – Italy has prevented Chinese company Shenzhen Investment Holdings Co from buying a controlling stake in a Milan-based firm producing semiconductor equipment, two Italian …
China tops COVID-19 vaccine exports
China sold and donated some 80 million doses to 60 countries. Its lead was facilitated by export controls by the European Union and India. Chinese vaccines have not yet been licenced by the World Heal…
China’s toy exports in high demand during coronavirus lockdowns, especially in the United States
China’s toy sector is booming, and the United States remains the top destination for those toys despite the impact of the coronavirus and protracted bilateral tensions between the world’s two largest …
China in touch with ‘all parties’ in Myanmar, embassy says
(Reuters) – China’s embassy in Yangon said on Friday it had been in touch with “all parties” in military-ruled Myanmar, when asked about a report that a diplomat had spoken to a parallel government …
China improves financial support for reform, opening-up in Hainan China improves financial support for reform, opening-up in Hainan
China on Friday issued a plan outlining financial support to Hainan to shore up the resort island’s comprehensive reform and opening-up. The plan was jointly released by the People’s Bank of China, …
Biden’s China policy is tougher on financial firms than Trump’s was, report says
… that allow foreign firms to gain majority ownership of their operations in China, including in finance, Seiberg said. — CNBC’s Michael Bloom contributed to this report. Get this delivered to your …
Secret contracts show how China structures loans to become Africa’s “preferred” lender
A new report led by AidData, a US-based development finance research lab … Lenders included the China Development Bank, the Export-Import Bank of China and state-owned commercial banks.
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