Regulatory pressure on Didi is being reinforced by angry Chinese nationalists. They’re deleting the ride-hailing app over accusations the company handed data to the U.S. government. In the past, …
Monthly Archives For July 2021
South China Sea: Beijing accuses US of provocation and claims to drive away US warship in disputed waters
Tensions over the South China Sea remain high, with China taking further steps to assert control over the disputed waters. With the US forces looking to deter Chinese aggression, China recently …
Ark Invest’s Cathie Wood warns of a valuation reset in Chinese stocks amid crackdown by Beijing
“I would say from a valuation standpoint these stocks have come down and from a valuation point of view will probably remain down,” said Wood.
US warns businesses over China’s Xinjiang province
The US has issued a tough new warning to companies about doing business in China’s Xinjiang province.US firms that still have supply chain and investment ties in the region were told they “could run a…
China’s Women Filmmakers Are Embracing Their Stories. Moviegoers Are Loving It.
China has many talented female directors, but few have seen runaway box office success. That changed with two recent movies, “Hi, Mom” and “Sister.” …
Death toll rises to 17 in partial collapse of China hotel
The death toll in the partial collapse of a budget hotel in China’s eastern city of Suzhou on Monday has risen to 17, state media said on Wednesday.
Blinken calls out China in meeting with ASEAN bloc ministers -spokesman
Secretary of State Antony Blinken emphasized the U.S. rejection of China’s “unlawful maritime claims” in the South China Sea in a virtual meeting with foreign ministers of the Association of Southeast …
China science, technology news summary — July 14
The following is a summary of published science and technology news of China. AI IN MEDICAL IMAGING. An artificial intelligence (AI) system that has b …
Global leaders seek new technology partnerships to counter threat posed by China
Building international technology alliances was a key recommendation of the NSCAI, a congressionally mandated commission that argued that the United States needed to be “AI ready” by 2025 in order to …
China’s SOEs to See Greater Differentiation of State Support
This reflects recent policy shifts and the influence on the likelihood of state support. We expect that downgrades, if they occur, will be limited mostly to one to two notches. The number of defaults …
Bit Mining raises $50M to take operations out of China
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining. Shenzhen-based crypto mining firm, Bit Mining, is raising $50 million to fund an expansion out of …
Chinese COVID-19 vaccines proved safe and effective across world
Chinese COVID-19 vaccines proved safe and effective across world. People’s Daily Online (Xinhua) 11:13, July 13, 2021. BEIJING, July 13 (Xinhua) — Two Chinese pharmaceutical comp …
Providing 500 mln vaccine doses to world, China aims to enhance int’l cooperation against COVID-19
Providing 500 mln vaccine doses to world, China aims to enhance int’l cooperation against COVID-19. People’s Daily Online (Xinhua) 15:35, July 13, 2021. BEIJING, July 13 (Xinhua) …
