General Motors’ SAIC-GM-Wuling (SGMW) joint venture in China recently produced its 25,000,000th vehicle, an unprecedented milestone making it the first Chinese company to reach that number of …
Monthly Archives For November 2021
China manufacturing expands in November as constraints ease
The official manufacturing PMI rose to 50.1, the first time in three months it exceed the 50 mark.. Read more at straitstimes.com.
China to donate 600 million COVID-19 vaccine doses to Africa
China has pledged to donate 600 million doses of its COVID-19 vaccines to Africa as the world grapples with the unequal distribution of the shots between rich and poor countries …
China property bond rejig is destined to fail
Developer Kaisa wants holders of $400 mln in notes to extend for 18 months. They’d get no real sweetener and would be pushed behind $3.6 bln of other maturing debt. Boss Kwok Ying-shing went through…
Pony.ai Receives Approval for Paid Autonomous Robotaxi Services in Beijing
Pony.ai, a leading global autonomous driving technology company, announced on November 25 in Beijing that it had received approval to run paid autonomous Robotaxi services in the Beijing Intelligent …
China’s Manufacturing Rebounds With Signs Inflation Easing
China’s factory sentiment improved in November as the impact of a power crunch subsided and inflation pressures eased. The official manufacturing purchasing managers index rose to 50.1, the first time …
SOEs boost exports, projects overseas for global recovery
Such SOEs as well as private businesses will play a bigger role in boosting the world’s economic recovery from now on. SOEs are accelerating exports of their products and building more partnerships …
CX Daily: How Will New Data Security Rules Reshape China’s Internet Industry?
How will new data security rules reshape China’s internet industry? A planned Hong Kong share sale by SenseTime Group Inc. is attracting close attention from …
Paytm listing debacle sparks concern from investors for other IPOs
The Paytm listing debacle has sparked concern from investors and entrepreneurs, fearful that it could derail a string of expected Indian flotations that were supposed to cement the countrys status as …
China says it can beat COVID-19 Omicron variant as world rushes to impose travel bans
Due to increasing Omicron infections in almost all of South Africa, the WHO has categorized it as a Variant of Concern (VOC). The organization said it is working with researchers around the world to …
On the Persistence of the China Shock
We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period 2000 to 2019. The shock plateaued in 2010, enabling analysis of its effects for…
Leaked papers link Xinjiang crackdown with China leadership
Secret documents urge population control, mass round-ups and punishment of Uyghurs …
Pentagon plans stronger US posture toward China, Russia
The US military will reinforce deployments and bases directed at China and Russia, even while maintaining forces in the Middle East adequate to deter Iran and jihadist groups, the Pentagon said Monday …