China and the U.S. are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship look as if the protracted tariff war and pandemic never …
Monthly Archives For July 2021
Wall Street banks rush to salvage China IPO pipeline after Didi shock
Global investment banks are racing to redirect initial public offerings by Chinese groups towards Hong Kong after new cyber security rules from Beijing halted lucrative tech listings previously …
China reports 50 new COVID-19 cases on July 21 vs 22 a day earlier
China reported 50 new COVID-19 cases in the mainland on July 21, up from 22 cases a day earlier, the country’s national health authority said on Thursday.
Bitcoin Miner Core Scientific To Go Public In $4 Billion Deal As U.S. Crypto Mining Surges Amid China Crackdown
The deal will give one of the nation’s biggest bitcoin miners nearly $350 million to invest in additional equipment and infrastructure.
China’s Guizhou posts 440 pct growth in guitar exports
GUIYANG, July 22 (Xinhua) — Southwest China’s Guizhou Province saw its guitar exports rise by 440 percent year on year to 120 million yuan (about 18.5 million U.S. dollars) in the first half of this…
At least 25 dead in China as province is deluged by heaviest rains in 1,000 years
Video on social media showed commuters chest-deep in murky floodwaters on a train in the dark, and an underground station turned into a large, churning pool.
Death toll in China flooded highway tunnel rises to 13
Rescuers have found the bodies of 10 more workers who were trapped in a flooded highway tunnel in the southern Chinese city of Zhuhai last week, bringing the death toll to 13, state media reported…
Tensions between U.S. and China mount under the Biden administration
From China’s perspective, the blows from the United States just keep coming. Sanctions and export controls over the crackdown in Xinjiang. A warning to international businesses about the deteriorating …
China floods: Zhengzhou tries to get back on its feet after heavy rains displace over 1.2 million people
At least 25 people in Henan were killed by the heaviest rain in decades, including passengers trapped in a rail tunnel amid rising waters.
Beijing Recommends US Senators To Educate Themselves After Warning Against Using Digital Yuan At 2022 Winter Olympics
United States Senators Marsha Blackburn, Roger Wicker, and Cynthia Lummis wrote a letter to the Board Chair of the United States Olympic & Paralympic Committee Susanne Lyons calling for restrictions …
Beijing fines and warns big tech groups over explicit content
Beijing’s cyber watchdog has fined and warned several of China’s biggest technology groups including Alibaba and Tencent over explicit material and exploitation of children on their platforms. The …
China Has New Man for Afghanistan and Plan to Avoid Civil War Across Border
China seeks to “avoid further expansion of the conflict in Afghanistan,” “restart intra-Afghan negotiation as soon as possible to achieve political reconciliation,” and “prevent all kinds of terrorist …
China-Australia relations: wine exports to mainland China are way down, but it remains the top market
Australia sold 45 per cent less wine to mainland China in the financial year that ended in June. But excluding that loss, exports to other markets increased 12 per cent.