Xiaomi CEO Lei Jun and Meituan chairman Wang Xing are among the tech tycoons who had donated billions of dollars in shares for social causes, amid Chinese President Xi Jinping’s push to promote …
Monthly Archives For November 2021
Undeterred by coronavirus, China continues to build military prowess, Defense Department alleges
The People’s Republic of China did not let the coronavirus pandemic stop its military progress, according to the Department of Defense.
Pentagon Says China Plans to Expand Nuclear Arsenal Faster Than Expected
China is expected to expand its nuclear weapons stockpile faster and more aggressively that previously expected, according to a new U.S. military assessment, underscoring …
China, Russia Ask U.N. to End Sanctions so North Korea Can Import Bolts, Utensils, Vacuums
China and Russia’s resolution aims to lift sanctions “with the intent of enhancing the livelihood of the civilian population” of North Korea.
Where did it all go wrong for Chinese property developer Evergrande?
Salford Business School’s Dr. Maria Paola Rana shares her thoughts on the current Evergrande situation, and explains what went wrong for one of China’s biggest property developers.
China to strengthen personal data protection in fintech sector – c.bank head
China will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses, the country’s central bank chief said on Wednesday.
China is rapidly expanding its nuclear arsenal, Pentagon says in new report
The Pentagon said Wednesday that China is rapidly expanding its nuclear arsenal and could have 1,000 nuclear warheads by 2030. China’s growing arsenal is still dwarfed by the United States and Russia …
Why is U.S. customs law helping Amazon and China, and not U.S. manufacturers and retailers?
The de minimis customs rule allows Chinese producers to ship directly to consumers, thus avoiding U.S. tariffs, taxes and oversight, and giving them an unfair advantage over U.S. producers and …
Beijing stadium adopts hi-tech epidemic control measures for Olympic test events
The Wukesong Stadium in Beijing is the venue for Olympic ice hockey test events this month. The stadium will expand what’s being called a “closed-loop management area” for COVID-19 containment on …
Beijing residents dismiss calls to stockpile food
China’s Ministry of Commerce published a seasonal notice on Monday (November 1) encouraging authorities to do a good job in ensuring food supplies and stable prices ahead of winter, following a recent …
SuperFinance Publishes 2021 ESG Ratings Report for China’s Financial Sectors
SuperFinance has published its 2021 Environmental, Social, and Corporate Governance(ESG) Ratings Report for China’s banking and non-banking financial sectors, a breakthrough in the ESG data puzzle and …
China urges developed countries to intensify efforts on climate change
A Chinese foreign ministry spokesperson on Wednesday urged developed countries to intensify their efforts to fulfill their commitments to developing countries on climate change, to make due …
Uncowed by COVID-19, China Is Rapidly Building Its Nuclear Arsenal and Armed Forces, According to the Pentagon
The DoD found that the Chinese military used the pandemic to deploy overseas and build closer ties to foreign militaries.