The Chinese Communist Party’s long-term strategic objective is to displace the United States as the world’s most powerful country and create a new world order favorable to China’s authoritarian brand …
Monthly Archives For July 2021
Beijing Calls Time on Big Tech’s Shopping Spree
Mergers and acquisitions in China aren’t totally going away, but the free-for-all of days past is over.
COVID Origins Investigators Not Allowed to Take Info Out of China
The World Health Organization has urged Beijing to hand over vital COVID-19 data to inform investigators about the origins of the virus.
China finances setup of APEC fund to fight COVID – state media
China has financed the setup of a fund under APEC to fight COVID and fuel economic recovery, President Xi Jinping said during a virtual meeting of the Asia-Pacific trade group on Friday, according to …
China’s Little Red Book Halts U.S. IPO After China Curbs
Chinese social media and e-commerce startup Xiaohongshu, or “Little Red Book,” is putting its U.S. initial public offering plans on hold after China tightened rules on overseas listings, according to …
China pledges another $3bn in Covid-19 aid to developing countries
China’s President Xi Jinping on Friday promised $3 billion in aid to developing countries to fight Covid-19 at the unprecedented emergency online meeting – Copyright AFP Noel Celis China’s President …
WHO proposes fresh mission to China and lab audits – diplomats
GENEVA – The World Health Organization has proposed a second phase of studies in China into the origins of the coronavirus, including audits of laboratories in Wuhan, but there is no sign yet that …
Ericsson Warns China Backlash Threatens Its Market Share
Ericsson said revenue in China dropped sharply in the most recent quarter and warned it would likely lose market share there as a consequence of Sweden’s decision to ban rival Huawei Technologies from …
China Is Buying Up Chip Firms in a Push for Semiconductor Supremacy, Says UK Lawmaker
China is using questionable methods to ensure it becomes a world leader in semiconductor technology, according to British MP Iain Duncan Smith.
China sends state security, police officials to Didi for cybersecurity probe
China sent regulators, including state security and police officials, to Didi Global Inc.’s ride-hailing business on Friday as part of a cybersecurity investigation, the latest development in a …
China’s diverting IPO windfalls from the US to Hong Kong
Companies listing in Hong Kong would still need to be vetted by the CAC and obtain approval from the Chinese securities watchdog under the new framework being considered by Beijing, according to …
Foreign travelers to China will be able to use the digital yuan, central bank says
Mobile pay has grown rapidly in the last several years to become the dominant form of payment in China. However, the two primary mobile pay apps — operated by Tencent and Alibaba, respectively — …
China extends takeover period for 9 financial firms linked to Tomorrow Holdings
(CSRC) The six firms taken over by the CBIRC are Tianan Property Insurance Co of China, Huaxia Life Insurance Co … The extension of the takeover period is to resolve the financial risks as soon…
