The rapid response in the South China Sea comes after the UK scrambled to retrieve its misplaced F-35 from the Mediterranean …
Monthly Archives For January 2022
Winter Olympics: Will the Beijing Games be ‘green and clean’?
China has promised to deliver a “green and clean” Winter Olympics, which gets under way on 4 February. Organisers say they have prioritised protecting native species, reducing greenhouse gas emissions …
Climate change set to impact the 2022 Winter Olympics in Beijing
A new report finds that the upcoming Winter Olympics in Beijing will be made less safe for athletes because of the effects of climate change, including water scarcity, warm temperatures and poor air …
Shadowy China Firms Spend Billions on Land Shunned by Developers
On the surface, the recent land auction by the Chinese city of Rizhao appeared routine. There were four bids, pushing the price up 11% to $170 million. A closer look reveals something curious: The …
China’s Coattails Are Safer Than Houses for Investors
MSCI China’s real estate sub-index has lost 30% in 12 months. For years, overseas investors shunned shares of the country’s biggest state-owned banks on suspicion that their bad loans were far higher …
China’s Realme eyes Europe’s high-end smartphone market with new launch
China’s Realme will enter Europe’s high-end handset market next month with its priciest ever device, its CEO told Reuters, as it looks to expand beyond its budget offerings and sell 50% more …
Crypto miner BitFuFu to go public on Nasdaq through $1.5 billion SPAC merger
Cloud-mining service provider BitFuFu, backed by industry giant Bitmain, will go public through a merger with a blank-check firm in a deal that values the combined entity at $1.5 billion. This …
Saudi Aramco and Abu Dhabi’s ADNOC retain status as Middle East’s ‘most valuable’ brands
ADNOC’s Dr. Sultan Al Jaber is highest ranked CEO outside of US and China Dubai: Saudi Aramco and ADNOC in the UAE have retained their status as the Middle East’s most valuable brands for 2022,…
Tencent-backed Chinese car maintenance startup Tuhu files for HK IPO
Tuhu plans to use the money raised from the IPO to help automate its distribution centers through the use of robots.
Slowdowns in the U.S. and China will hold back global growth, a report says.
The International Monetary Fund forecasts that the growth rate of the world economy will slow to 4.4 percent in 2022.
China’s Covid-19 blame game fizzles over infection-by-mail theory
Ever since Chinese President Xi Jinping’s government quashed a Covid-19 outbreak in the central city of Wuhan roughly two years ago, it has repeatedly sought to blame virus outbreaks on foreign …
Singapore clamps down on ads for ‘highly risky’ crypto trading
The Monetary Authority of Singapore on Monday published a set of guidelines instructing crypto businesses to stop marketing or advertising their offerings to retail investors in public spaces, both …
LG battery division seeks global dominance after blockbuster IPO
LG’s battery business delivered South Korea’s biggest-ever initial public offering last week, helped by frenzied interest from millions of ordinary Koreans convinced that US-China tensions will drive …