U.S. Republican senators are urging the Biden administration to close a “loophole” in export controls imposed by former President Donald Trump on China’s top chipmaker, SMIC, which they call a “clear …
Monthly Archives For February 2022
First Mover Asia: Crypto Prices Rise With Investors’ Appetite for Risk
Bitcoin opened February higher; China’s crypto community remains active after all. Technician’s take: Sideways trading between $35K-$40K BTC could persist this week as long-term momentum fades. Catch …
For a third year running, China faces a Spring Festival under the cloud of COVID-19
BEIJING: Speaking to 28-year-old Zhang Yong in his one-room apartment in the Chinese capital, it’s hard to miss the emotion in his voice when he talks about his family. “My parents are getting older, …
China’s Tsinghua Unigroup axes major memory chip projects
China’s state-backed Tsinghua Unigroup has scrapped major memory chip projects in two cities as new investors push to turn around the debt-stricken company that has been left reeling from US …
Asian caucus leader warns against encouraging xenophobia in debate on China competition bill
The leader of the Congressional Asian Pacific American Caucus is urging fellow lawmakers to avoid relying on “fear of China” during debate on pending legislation to boost U.S. competitiveness and …
China poses bigger threat to US than any other nation, FBI says
FBI Director Christopher Wray said that China poses the biggest threat to … they throw every tool in their arsenal at stealing that technology to succeed in those areas,” he went on.
Invesco to Hire Dozens in China as Assets Sail Past $100 Billion
Invesco Ltd. is boosting its headcount in China after hitting an asset management target two years earlier than expected, as it seeks to secure further growth in the nation’s expanding mutual fund …
Starbucks earnings hit by inflation, rising worker costs and damp China sales
Starbucks is out with its Q1 earnings report as Omicron and unionization efforts make an impact on the Seattle-based chain.
Tesla retains crown as the top EV seller in 2021, China’s BYD in second spot
US electric vehicle giant Tesla has retained its leading position as the top electric vehicle (EV) brand of 2021, as shown from recent industry data. Tesla has maintained the top position of finishing …
Fears for freedom of speech at Forbes: Insiders warn of censorship threat to America’s ‘business bible’ as it prepares to go public with ‘blank check’ SPAC firm seed-funded by …
The initial involvement of China’s sovereign wealth fund in a deal to take over Forbes is raising concerns about the potential for censorship at the venerable US business news outlet. In a deal valued …
How Multimillion-Dollar PGA Deal Stopped China’s War on Golf
China uses sports to grow its global influence— including golf, which the communist regime once dismissed as a “sport for millionaires.” …
FBI urges Olympic athletes to leave personal phones at home ahead of Beijing games
The FBI is urging Olympic athletes to leave their personal cell phones at home and instead take burner phones to the Beijing Winter Olympics this month, citing the potential for “malicious cyber …
Meet the Mascots of the 2022 Winter Olympics in Beijing
Olympic Mascots represent the host city’s culture and ideals. Here are the mascots of the 2022 Beijing Winter Olympics.
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