Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in an initial public offering, which would make it one of the biggest U.S. listings by a Chinese…
Monthly Archives For June 2021
China supplies millions of vaccine doses to developing nations in Asia
China has been supplying millions of COVID-19 vaccine doses to developing nations in Asia in 2021. This past weekend, millions of doses from China landed in capitals in Southeast and South Asia …
Watch Live: China Sends Astronauts to Space Station
China launches the Shenzhou-12 spacecraft carrying three astronauts from Jiuquan Satellite Launch Center to the partially constructed Tianhe space station where they will stay for three months.
China’s economy has not recovered 100% from Covid, says former central bank advisor
Chinese policymakers are “overly aggressive” in containing debt levels, said Li Daokui, an economics professor at Tsinghua University.
Beijing says nuclear fuel rods damaged, no leak from Hong Kong reactor
A Chinese nuclear power plant near Hong Kong had five broken fuel rods in a reactor but no radioactivity leaked, the government said Wednesday in its first confirmation of the incident that prompted …
China pledges to release metal reserves to tackle price and shortage fears
Industrial metals are in the spotlight after Chinese authorities made a pledge to release government reserves to tackle concerns over shortages and high prices. The National Food and Strategic …
Italy says it has broken up China money laundering operation and European metals scam
The case unveiled a network of firms that between 2013 and 2021 sold around 150,000 tonnes of scrap metal, evading taxes on deals estimated to be worth some US$363 million.
China Won’t Finance Bangladesh Rail Line after Dhaka Cuts Project Costs
Sheikh Hasina’s government trims $471M from Akhaura-Sylhet track project that was to be built by Chinese state-owned company.
China Is Quietly Stepping Up Its Interventions in Markets
China is resorting to increasingly forceful measures to contain risks to the financial system, in moves that threaten to undermine President Xi Jinping’s pledge to give markets greater freedom.
China to Launch Astronauts to Space Station: When to Watch
Three Chinese astronauts, the first since 2016, are set to launch into space. They will begin what is expected to be a continuous Chinese presence in Earth’s orbit for the next decade.
Rebecca Grant: Biden just gave Putin a big, fat cyber bombshell — and China is watching
There wasn’t much left to say after President Joe Biden delivered the biggest cyber bombshell ever in U.S. foreign policy. Cut to the chase. If Russian President Vladimir Putin doesn’t get the Russian …
Biden-Putin summit comes as U.S. and Russia share something in common: A fear of China
Moscow eyes with leeriness Beijing’s assertiveness in Russia’s near-abroad. The U.S. should use that to its advantage rather than fight a two-front battle.
China wants to build a sustainable human presence on Mars. Here’s how.
China is looking at the ways of getting astronauts to Mars and back safely and potentially establishing a long-term presence on the Red Planet. That’s according to a senior Chinese space industry …
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