China’s factory gate prices rose at their fastest annual pace in over 12 years in May due to surging global commodity prices and a low base of comparison, while consumer prices increased for the third…
Monthly Archives For June 2021
Explainer-China’s Mojiang mine and its role in the origins of COVID-19
Top U.S. infectious disease expert Dr. Anthony Fauci has urged China to release information about six labourers who fell ill after working in a mine in Yunnan province in 2012, and are now seen as…
China’s producer prices rise at fastest pace in 13 years
The price of goods leaving China’s factories has risen at its fastest pace since the global financial crisis, piling pressure on the country’s leaders as they grapple with a worldwide commodities …
Tesla’s China sales struggle to bounce back from an April slump
Tesla sold 33,463 electric cars in May, up 29% from April, but still short of March’s 35,478 units, according to the China Passenger Car Association.
Senate passes bill funding science investments to compete with China
The Senate voted 68-32 on Tuesday to approve the Innovation and Competition Act which invests more than $200 billion in science and technology programs to aid the United States in competing with China …
China Puts Executive at Bad-Debt Manager Great Wall Under Probe
China has put a senior executive of China Great Wall Asset Management Co. under official investigation on suspicion of corruption, the latest scandal hitting the country’s distressed-asset management …
China reports 16 new coronavirus cases on June 8
SHANGHAI (Reuters) – China reported 16 new coronavirus cases on the mainland for June 8, down from 33 cases a day earlier, the health authority said in a statement on Wednesday. Of the new cases,…
‘Strike force’ to break Beijing’s grip on trade
The United States will target China with a strike force to counter unfair trade practices after a review concluded that America had become too reliant on its rival for key technologies.
Winter Olympics education reaches deep into Beijing’s schools
Located only 1,000 meters away from the headquarters of the Beijing Organizing Committee for the 2022 Olympic and Paralympic Winter Games (BOCOG), Dianchang Road Primary School, one of Beijing’s 200 …
Covid outbreak in China sparks fears of trade disruption
A Covid-19 outbreak in southern China is curbing activity at some of the country’s biggest ports, stoking fears that further disruption in international trade risk pushing up the price of its exports.
Senate passes bipartisan bill to boost tech competitiveness with China
The bill would commit nearly $250 billion to promote emerging technologies in the U.S. that China’s government is working to promote as well.
US Senate approves $50bn boost for computer chip and AI technology to counter China
Legislation shows deeply divided parties are largely united on confronting China in the ‘race for technologies of the future’ …
China technology funds battle to hit profit targets
Beijing-backed technology funds with almost $900bn under management are struggling to hit their profit targets, according to executives who say their capital is stuck in companies that cannot launch …
