Taiwan, a strategic U.S. ally claimed by Beijing as sovereign territory, says 145 Chinese military planes have violated its air defense zone in four days.
Monthly Archives For October 2021
Taiwan president warns of ‘catastrophic consequences’ if island falls to China
Tsai Ing-wen says Taiwan will ‘do whatever it takes to defend itself’ against an increasingly assertive Beijing …
China is exploiting search engines to push propaganda about origins of covid-19, study finds
China state media and officials are pushing conspiracy theories the virus was created at a U.S. military base.
China Mobile goes local for core network tender
China Mobile has selected its compatriots Huawei and ZTE as equipment suppliers for a converged 4G/5G core network contract reportedly worth CNY7.5 billion ($1.16 billion).
U.S. trade deficit climbs 4.2% to record $73.3 billion as imports surge ahead of holidays
The U.S. trade deficit rose 4.2% in August to a record $73.3 billion, reflecting strong imports of medicine and consumer goods as retailers stocked up …
China unloads Australian coal despite import ban amid power shortage
China has started unloading a small number of Australian coal shipments despite an unofficial import ban, analysts said, in a move underscoring the intensity of the power crunch f …
China’s Cryptocurrency Ban Didn’t Halt Asia As Crypto Transaction In The Continent Grows By 706%
Asia’s cryptocurrency transaction volume has grown by 706% over the past year, with adoption rising in the continent despite China’s latest ban on crypto activities.
Coronavirus: is China really about to ease its tough border restrictions?
Zhong Nanshan has listed the prerequisites for the country to reopen, including ‘relatively’ low transmission elsewhere.
Beijing warns of war as record number of jets enter Taiwan’s airspace
China has warned that “war may be triggered at any time” with Taiwan after it deployed a record number of fighter jets into the self-governing island’s airspa …
China Real Estate Shares Pummeled In Hong Kong; Alibaba Falls Again, Coal Gains
China Evergrande Group, the world’s most indebted real estate developer, and Evergrande Property Services, its property management arm, halted trading their shares at the Hong Kong Stock Exchange on …
China property sector default stress goes beyond Evergrande crisis
Growing worries about defaults at Chinese property developers sapped investor sentiment on Tuesday amid fresh credit rating downgrades and …
China’s banking sector expected to see 10% profit growth in H2: report
Since the third quarter of the year, commercial banks continued to improve their balance sheets and focused on the transition from expanding scale to enhancing quality, with operating performance …
China’s export advantage is being squeezed by soaring sea freight prices and rising raw material costs
Soaring freight prices and high raw material costs are causing importers to question the economic viability of buying from China.