Industries under the list are deemed off-limits for investments. Chinese officials have added cryptocurrency mining to a draft list of industries in which investments may be restricted or prohibited, …
Monthly Archives For October 2021
BMW missing out on China’s karaoke fans signals digital car gap
BMW rarely has to answer this question in Western showrooms, but it’s becoming increasingly important for selling cars in China: Can I sing karaoke in this automobile? Customers in the world’s biggest …
China vs Taiwan: War fears erupt as Beijing issues chilling ‘battlefield’ warning
More info Speaking to Taiwan citizens on it’s national day, the President of self-declared autonomous state, Tsai Ing-wen said: “There should be absolutely no illusions that the Taiwanese people will …
Mass floods hit China’s coal hub, threatening power supplies
The rains come as the country is grappling with power shortages caused in part by the rising costs of coal, the main source of electricity in China. As of Friday, 60 of Shanxi’s …
Algeria Is Becoming China’s Weapon | Opinion
Algeria announced it was severing diplomatic relations with Morocco, its neighbor to the west. After breaking ties, Algiers moved to deepen the crisis it had created. On September 22, for instance, …
China to set assessment measures to regulate data sent abroad by cars
China’s Ministry of Industry and Information Technology did not offer details about how the assessment would be done. According to current rules, auto companies cannot export key vehicle data abroad …
China’s Huawei Lags in 5G Race as U.S. Sanctions Leave Their Mark
Huawei is losing its edge in the smartphone business as the Chinese tech giant copes with a global chip shortage as well as U.S. sanctions that cut the company …
We Need to Protect American Innovation in the Competition with China | Opinion
While there are some pockets of innovation in Europe, the regulatory environments in France, Germany and Spain make them much less attractive to cutting-edge companies. Venture capital investment in …
China Labor Shortage – HR Strategies to Remain a Competitive Employer
Amid the China labor shortage, companies are reassessing their HR and hiring policies and adopting new strategies to remain competitive.
How China’s Economic Freedom Deficit Distorts Markets Beyond Its Borders
In an attempt to lay out the Biden administration’s approach to charting the course of the U.S.-China economic relationship, U.S. Trade Representative Katherine Tai underscored that the bilateral …
China property bonds dive as Evergrande debt holders await coupon deadline
China property bonds slumped on Monday after a developer asked to delay a paper’s maturity, underlining default fears stalking markets as offshore bondholders of China Evergrande Group awaited news of …
Another Chinese real estate developer is struggling to pay its debts
By Jill Disis, CNN Business China’s property crisis is ensnaring yet another developer. Modern Land is asking investors for more time to pay back a $250 million bond, according to a company filing …
China Mobile, HKT, Hutchison, SmarTone to bid for 5G spectrum in Hong Kong
Hong Kong’s Office of the Communications Authority (OFCA) has announced that China Mobile Hong Kong, HKT, Hutchison Telephone; and SmarTone Mobile Communications are the qualified bidders for its next …