For Beijing, the return of Huawei executive Meng Wanzhou to China after a prolonged extradition fight with the United States has been celebrated as a resounding victory.
Monthly Archives For September 2021
China Mobile International, CTM partner on digital content delivery
China Mobile International (CMI) and Companhia de Telecomunicacoes de Macau (CTM) have agreed to partner on digital content delivery. The agreement is expected to create a framework for CMI and CTM to …
China Evergrande’s EV unit scraps Shanghai IPO plan while CNOOC, Dongfeng Motor unveil new domestic stock offerings
China Evergrande Group hit another bump on the road to ease its liquidity crisis after abandoning a plan to float its car-making unit at home. At the same time, oil explorer CNOOC Limited and Dongfeng…
U.S. export tightening slows advance of Chinese C919 jet – sources
China’s C919 jetliner – a no-show at the country’s biggest air show this week – has found it harder to meet certification and production targets amid tough U.S. export rules, according to three people …
China set to spend $120 bn on services and drill 118,000 wells through 2025
China is looking to pump up oil and gas production in the years ahead to meet climbing domestic demand and reduce the record-high share of imports in its. China set to spend $120 bn on…
Chinese press conferences of past 2 decades show a paradigm shift in Beijing’s diplomatic narratives
During Hu Jintao’s reign, Taiwan was the only confrontational topic between the two countries, but during the Xi Jinping period, there was a multiplication of these issues leading to a tense …
China’s power crunch begins to weigh on economic outlook
China’s power crunch, caused by tight coal supplies and toughening emissions standards, has triggered a contraction in heavy industry across several regions and is dragging on the country’s economic …
China’s Geely Starts Making Commercial Satellites
Automaker Geely said on Monday it is making commercial satellites at its factory in the eastern Chinese city of Taizhou. Geely is building low-orbit satellites to meet demand for high-speed …
China Supplants Fed as Biggest Risk for Emerging Markets
Emerging-market investors are about to find out whether there’s more to worry about in China than just the Evergrande debt crisis.Most Read from BloombergHow Los Angeles Became the City of …
China wants to emphasize the e-yuan is the only ‘legitimate’ digital currency in China: NYU
Winston Ma, adjunct professor at the New York University School of Law, says on one hand, China has been serious on cracking down cryptocurrency mining and trading, but at the same time, President Xi …
DeFi Tokens Rally Following China Crypto Crackdown FUD
Decentralized finance (DeFi)-related tokens and exchanges appear to be making a comeback after China announced its latest crackdown on crypto.
Chinese sportswear startup Peak raises $232m as it aims for IPO
Chinese athletic apparel maker Peak Sport Products has raised nearly 1.5 billion yuan ($232 million) in a strategic investment led by CR Capital Management, as the company has reportedly planned an …
Lancet Admits COVID-19 Lab Leak ‘Plausible,’ Scientists Who Denounced Theory Have Wuhan Links
The Lancet, an influential medical journal, published a letter dismissing the possibility of a lab leak being the origin of Coronavirus …
