Is there space left for further improvement? In an interview with CGTN’s Robert Kuhn, Xue Lan of Schwarzman College at Tsinghua University said China has very strong human resources and investment but …
Monthly Archives For May 2021
Developing Telecoms finds that China accelerates production of 28nm and 14nm semiconductors
Developing Telecoms believes SMIC is already capable of producing 14 nm and 28nm chips. The increase in Chinese semiconductor production has been enabled by a number of factors, not leastof which is …
China opens espionage trial against Australian writer, blocks ambassador from attending
China put on trial an Australian writer and academic accused of espionage Thursday in a case that could damage already deteriorating relations between the two countries. Yang Hengjun, a novelist and …
Viomi Technology Co., Ltd Reports First Quarter 2021 Unaudited Financial Results
Net revenues increased by 64.0% year-over-year, exceeding previous guidanceGross margin increased to 21.1% from 18.8% a year agoGUANGZHOU, China, …
China’s non-financial ODI down 5.2 pct in Jan.-April
China’s non-financial outbound direct investment (ODI) went down 5.2 percent year on year in the first four months of the year, official data showed Thursday. The ODI amounted to 222.87 billion yuan …
China’s factories decry surge in raw material prices as they cut production and say 2021 may be worse than 2020
Even as supply lines have shifted back to China from coronavirus-hit countries, crucial raw materials such as metals are making it impossible for some manufacturers in the ‘world’s factory’ to turn a …
Fitch Rates Times China’s Proposed USD Notes ‘BB-‘
Fitch Ratings has assigned a ‘BB-‘ rating to Times China Holdings Limited’s (BB-/Stable) proposed US dollar senior notes. The proposed notes are rated at the same level as Times China’s senior …
China Eases Offshore Funding Limit for Foreign Banks
China’s central bank raised the limit on how much smaller lenders and foreign banks operating in the country can borrow offshore, a move that will ease a funding shortfall and give a push to expansion…
Swiss Watch Exports Recover to Pre-Covid Levels on China, U.S.
Swiss watch exports are returning to pre-pandemic levels after their biggest annual slump since the financial crisis, boosted by demand in China and the U.S.
Hong Kong Passes Electoral Law That Reduces Power of Voters and Increases Beijing’s Influence
The number of seats in Hong Kong’s legislature will be expanded to 90. Legislators elected directly by Hong Kong voters will be cut to 20, from the previous 35.
US-China trade: Biden representative holds ‘candid’ talks with Beijing as tensions grow
President Joe Biden’s top trade negotiator spoke for the first time with her Chinese counterpart by phone on Wednesday. It’s a sign that Washington and Beijing may be ready to pick trade talks back up…
Hong Kong legislature approves Beijing’s political overhaul
Hong Kong’s opposition-devoid legislature on Thursday approved Beijing’s radical overhaul of the finance hub’s political system which reduces the number of directly elected seats and will freeze out …
‘Patriots rule Hong Kong’ as sweeping pro-Beijing electoral rules passed
Hong Kong’s legislature approved the biggest overhaul of its political system in the quarter century since British rule on Thursday, in a decisive step to assert Beijing’s authority over the …
