President Joe Biden is dispatching White House national security adviser Jake Sullivan for talks with senior Chinese foreign policy adviser Yang Jiechi in Switzerland as the two countries find …
Monthly Archives For October 2021
Policy snub for e-cycles risks export loss of Rs 10K cr by 2026: Munjal
The electric bicycle business in the country, which was poised to displace China as the world leader in e-bicycles manufacturing, seems to be at risk in its infancy following a policy snub with …
China’s buying — and U.S. farms cashing in
In the last nine months, the United States set a record for U.S. agricultural exports to China. The two-year Phase 1 trade deal negotiated under the Trump administration will expire by year-end. It …
China Energy Crunch Forces Beijing To Buy Australian Coal
In the latest example that when blackouts are on the cards all bets are off, China has started importing Australian coal again …
Geely gears for $25-billion IPO
BEIJING: Volvo Cars, the Swedish automaker, which is owned by China’s Zhejiang Geely Holding Group Co., is reportedly finishing plans for an initial public offering (IPO) that could value the carmaker …
Winter Olympics 2022: Everything you need to know about Beijing Games
Less than six months after the conclusion of the Toyko Summer Olympics in Tokyo, the 2022 Beijing Winter Olympics will begin in February.
China Warships Shadow U.S. and Allied Naval Groups in South China Sea
Analysis of satellite imagery showed what appeared to be Chinese warships monitoring American and British carrier groups in the South China Sea.
Fantasia Holdings follows Evergrande in defaulting as China’s property woes continue
Hard on the heels of the Evergrande crisis, another Chinese developer has failed to make a bond repayment on time in the latest sign of stress in China’s volati …
China Mobile snubs Ericsson, Nokia on 5G core
China Mobile has chosen Huawei and ZTE for its 5G core network, snubbing the Nordic telcos Ericsson and Nokia, according to the South China Morning Post. Huawei and ZTE were each awarded about 50% of…
China Mobile snubs Ericsson and Nokia for $1 billion 4G/5G contract
The contract instead went to China’s domestic vendors, Huawei and ZTE, perhaps suggesting retaliation for Western sanctions on Chinese firms …
China Mobile didn’t even invite Ericsson and Nokia to its latest 5G tender
China seems to have decided not to even bother inviting foreign companies to bid on telecoms work anymore. It’s hard to draw any other conclusion from the news that China Mobile only invited Huawei …
China’s banking sector expected to see 10 pct profit growth in H2: report
Chinese commercial banks are likely to see their net profits grow by around 10 percent in the third and fourth quarters of 2021 boo …
Daybreak Oct. 5: USTR vows to engage with China, but not ready to negotiate
U.S. Trade Representative Katherine Tai signaled Monday that the Biden administration is ready to begin pressing Beijing to fulfill its promises under the Phrase One agreement, but she didn’t commit …