The global implications look ominous. Please consider Beyond Evergrande, China’s Property Market Faces a $5 Trillion Reckoning. As China enters what many economists say is the final stage of one of …
Monthly Archives For October 2021
Samsung’s W22 is China’s Galaxy Z Fold3, and it just surfaced in a leaked promo render
Well, lo and behold, ladies and gentlemen! Here’s the upcoming Samsung W22 5G, also known outside of China as the Galaxy Z Fold3. As with the W21, the W22 comes in a China-exclusive color combination,…
Beijing Olympics sponsors face a US$110 billion dilemma
For the global consumer giants that sponsor the Olympics, the Beijing Winter Games will be a high-wire act of marketing.
China Starts Inspection on Financial Regulators, State Banks
Chinese authorities are kicking off an inspection of the nation’s financial regulators, biggest state-run banks, insurers and bad-debt managers for the first time in six years as Beijing steps up …
China’s Xi Jinping Inspects Ties Between Financial Companies And Private Firms: Report
Chinese President Xi Jinping is scrutinizing the ties that the country’s state banks and other financial institutions have developed with big private companies, the Wall Street Journal reported on …
The neglected sources of China’s economic resilience
Those who doubt China’s progress emphasize the country’s reliance on Western technology, pointing out that its homegrown tech companies still do not compete with their US counterparts globally. But …
Former Senior Pentagon Official Says China is Kicking Our Ass in Artificial Intelligence
A former senior Pentagon official recently quit his job over frustrations with the government’s apparent inability to make meaningful headway on artificial intelligence and cybersecurity—two areas he …
IMF backs leader after reviewing reports of data rigging at World Bank to favour China
Managing Director Kristalina Georgieva has denied allegations she and other senior officials applied “undue pressure” on World Bank staff to boost China’s ranking in a report.
S. Korea’s export surges 63.5 pct in 1st 10 days of October
South Korea’s export surged in the first 10 days of this month amid the continued global demand recovery, customs office data showed Tuesday. The outbound shipment reached 15.2 billion U.S. dollars in …
China’s BSN to launch portals in Turkey, Uzbekistan
China’s Blockchain Services Network is set to launch portals for its international versions in Turkey and Uzbekistan, according to a press release. Red Date Technology, the BSN’s architect firm, …
China’s global vaccine gambit: Production, politics and propaganda
China’s vaccine diplomacy is a complex tale involving feats of both production and propaganda. Above all, China has tried to use its vaccine contributions to scrub away the stigma of COVID-19’s …
Beijing issues guidelines to reform and rectify China’s entertainment industry
The Chinese State Administration of Radio Film and Television has issued guidelines to reform and rectify the entertainment industry in the next five years.
Bus plunge, floods leave at least 28 dead in northern China
Chinese authorities confirmed Tuesday 13 people had died after a bus plunged into a rushing river amid heavy flooding that has caused 15 other fatalities in the north. State broadcaster CCTV said …
