China will be the world’s largest box office market for the second year running, overturning the decade-long rankings and staying ahead of the North American market as it did in for the first time in…
Monthly Archives For December 2021
Biden Signs Bill Banning Imports From Xinjiang Over Forced Labor Concerns
U.S. President Joe Biden on Thursday signed into law legislation that bans imports from China’s Xinjiang region over concerns about forced labor, the White House said. The bill, which received final …
Intel apologizes to China after warning suppliers about Xinjiang region
In an annual letter to suppliers dated December 2021, Intel wrote that it “is required to ensure our supply chain does not use any labor or …
U.S. does not brand China as currency manipulator
WASHINGTON–The Trump administration has again decided not to label China or any other country as a currency manipulator. But in a report to Congress on Tuesday, the administration is keeping China on …
The NHL will not be sending players to 2022 Beijing Games
With the latest COVID outbreak affecting all major sports leagues, the NHL has decided not to send its players to compete in the 2022 Beijing Winter Olympics.
China’s Xian locks down its 13 mln residents as COVID-19 cases rise
Rising COVID-19 infections in China’s city of Xian have spurred a lockdown of its 13 million residents, with stretches of highway eerily bare on Thursday, as many people queued in the cold to get …
China customs to assess longan for export
Cambodian longan is ready for a virtual risk assessment from the Chinese General Administration of Customs in the first week of January, a move that will pave the way for a new direct market for…
China tire exports maintained momentum in November
BEIJING—China exported 53 million units of “new rubber tire” in November 2021, up 9 percent on the same month a year ago, according to official state figures. The weight of tire exports in November …
China sets up state-owned firm focusing on rare earths: media
China has set up a state-owned company concentrating on research exploration and deep processing of rare earths, official media reported Thursday, with the leadership of President Xi Jinping pledging …
Chinese IPOs: New York’s loss will be Hong Kong’s gain
Even when former president Donald Trump brought his own brand of China-bashing to the presidency, mainland firms continued to flock to New York. The number of US IPOs by Chinese firms rose from seven …
China Mobile gets green light for blockbuster $9B Shanghai IPO
China Mobile is moving quickly to IPO after approval from the securities regulator, paving the way for one of the telecom industry’s biggest-ever floats.
China puts 13 million people in lockdown during coronavirus spike
China is redoubling efforts to control new virus outbreaks with a lockdown of the 13 million residents of the northern city of Xi’an following a spike in coronavirus cases. The measure comes just …
China threatened to send Lithuania to the ‘garbage bin of history’ after it stood up to Beijing by strengthening ties with Taiwan
China is furious with Lithuania for letting Taiwan’s government open an office in its capital. Beijing claims Taiwan as part of its own territory.