US business groups say a Biden administration warning about the risks of operating in Hong Kong has made life more difficult for them as they navigate a sweeping security crackdown by China. Citing …
Monthly Archives For July 2021
US needs Japan and Korea to counter China tech, says Google ex-CEO
China’s capabilities in artificial intelligence are “much closer than I thought” to catching up to the US, former Google chief executive Eric Schmidt told Nikkei Asia, stressing that America would not …
China Signals End to $2 Trillion U.S. Stock Listing Juggernaut
Chinese tech firms have flocked to the U.S. stock market, drawn by a friendly regulatory environment and a vast pool of capital eager to invest in one of the world’s fastest-growing economies.
Long game with Beijing: China wants to dominate its periphery. India should expect intermittent border clashes
Foreign minister S Jaishankar reiterated the Indian position – that the LAC standoff cast a negative light on the entire India-China relationship and that improvement in the latter depended on the …
Ericsson no longer banking on China 5G contract wins
Sweden’s Ericsson, caught in the middle of a geopolitical battle between Beijing and the West, said on Friday it was no longer banking on previously anticipated contract wins for 5G tenders in China, …
China Jan-June crude imports see first H1 fall since 2013
China’s crude oil imports fell 3% from January to June versus a year earlier, in the first first-half contraction since 2013, as an import quota shortage, refinery maintenance and rising global prices …
China’s Bitcoin Mining Drama Is Over. Why Is Bitcoin Still A Dud?
Bitcoin is still not doing great. China can be blamed. Here’s when Bitcoin recovers, Fed and China’s Central Bank be damned.
China, Egypt mark joint production of 1 mln COVID-19 vaccine doses in Egypt
Visiting Chinese State Councilor and Foreign Minister Wang Yi and his Egyptian counterpart Sameh Shoukry on Sunday attended a ceremony marking the joint production of 1 million doses of COVID-19 …
GLOBALink | Heavy rainstorms hit Beijing
Heavy rainstorms have lashed the Chinese capital BeijingThe city average precipitation reached 613 mm from 1 pm Friday to 4 pm …
Indian steelmakers set to gain as China weighs taxes on exports
China’s steel exports rose 23% in June to 6.5 million tonnes (mt) from the preceding month (75% from a year ago) despite the removal of export rebates, according to the trade data released by the…
China’s Exports Rebounded in June Despite Shipping Delays
China’s exports and imports showed unexpected growth at the same time that massive disruptions rocked Southern China. This could be a sign of recovery after an economic slowdown caused by delays at …
China’s Opaque Oil Data Leaves Markets In The Dark
China saw its first-half crude imports drop year over year for the first time in a first half in eight years, sparking concerns in the market that purchases from the world’s largest oil importer …
Chinese Kids Play in Park in Beijing, China
A Chinese boys plays in a park on his miniature electric bike in Beijing, on Sunday, July 18, 2021. Chinese students will not be allowed back in public schools unless their entire family is fully…