Navitas Semiconductor, the industry-leader in gallium nitride (GaN) power integrated circuits (ICs), has announced the opening of a new office in Shenzhen, China which offers a 300% increase in …
Monthly Archives For October 2021
Beijing parks welcome over 2 mln visitors during holiday
Beijing 11 municipal parks and the Museum of Chinese Gardens and Landscape Architecture received over 211 million visitors during t …
China Voices ‘Grave Concerns’ about U.S. Submarine Collision in South China Sea
China has urged the U.S. to provide details, the submarine’s purpose of cruising, and whether it caused a nuclear leak or damaged the marine environment.
U.S. nuclear submarine USS Connecticut damaged in underwater collision with unknown “object” in South China Sea
The USS Connecticut’s crew sustained only minor injuries and the sub is “safe and stable,” but China is demanding “details” of the incident in the incredibly sensitive body of water.
Biden’s Beijing-Style Plan for Single-Payer Banking
Single-payer banking, through a CBDC, would do far more to transform the character of the U.S. economy than single-payer health care.
In China, 19.9% of households believe home prices will fall in Q4 – central bank survey
Almost 20% of households in China believe the prices of homes will rise in the fourth quarter of the year, the central bank said in a survey report on Friday.
China’s $1.1 Trillion Bet On U.S. Treasuries Still Getting Trumped
There’s a popular narrative that China’s vast dollar stockpiles give it immense influence over Washington. It’s really the opposite.
China’s ICBC to restrict some forex and commodities trading
Industrial and Commercial Bank of China (ICBC) said on Friday it will restrict certain types of retail businesses involving foreign-exchange and commodities trading.
Are China’s BRI Glory Days Over?
M2, or cash in circulation, began rising substantially in 2015 as the government injected huge sums of money into the economy through renminbi loans, prompting a note to clients from Deutsche …
China Evergrande’s offshore bond default imminent; bondholders’ advisor says
China Evergrande Group is expected to default on its offshore bond payment obligations imminently, investment bank Moelis & Co, which has been selected as an advisor by a group of the cash-strapped …
China’s crackdown on cryptocurrencies – Prof. Werbach discusses the ramifications
Kevin Werbach discusses China’s decision to declare all crypto-related transactions illegal and what this decision means for cryptocurrencies.
Over 90% of crypto-related businesses shut down in China after ban
Their exit means over 90 percent of crypto-related businesses have been shut down in China following the country’s broad and strictest ban on crypto trading yet, observers said, which further closes …
China Reports Zero New Locally Acquired Covid-19 Cases for Fourth Day in a Row
China reported no new locally acquired cases of covid-19 on Friday, according to China’s National Health Commission, the fourth day in a row that zero cases of community transmission have been …