China’s Jilin province was “in a last-ditch battle” against COVID-19, according to a senior Communist Party official, as the northeastern region bordering North Korea and Russia accounted for …
Monthly Archives For March 2022
TuSimple mulls sale of China unit after pact with U.S., report says
The decision comes after the startup reached an agreement with the U.S. government to restrict the China unit’s access to data due to U.S. security concerns.
EXCLUSIVE-TuSimple explores sale of China unit after pact with U.S. authorities-sources
Autonomous trucking startup TuSimple Holdings Inc, backed by Chinese social media firm Sina Corp, is looking to sell its business in China and focus on the U.S. market, sources said. The decision …
China faces big choice on Russia when it comes to seafood, and beyond
Sanctions on Russian trade imposed by the U.S., European Union, and the U.K. on Russia in response to its invasion of Ukraine are likely to have a major impact on global seafood t …
DOJ charges 5 individuals for spying on US residents for China due to ‘pro-democracy views’
The U.S. Justice Department has charged five individuals for targeting Chinese nationals living in the United States “for their pro-democracy views.” …
US cancels license of China-owned telecom company
Regulators in the US on Wednesday stripped the telecommunications license of Chinese state-owned Pacific Networks. This is the latest blow to Chinese businesses in a simmering confrontation between …
FCC revokes U.S. authorization of China telecom Pacific Networks
The U.S. Federal Communications Commission (FCC) on Wednesday voted to revoke the authorization for Chinese telecom Pacific Networks and its wholly owned subsidiary ComNet to provide U.S.
China’s Pacific Networks ejected from US by telecoms watchdog
The move continues a series of bans on Chinese companies by the FCC, showing the Biden administration remains concerned over potential espionage and data theft.
China’s Pacific Networks Ejected From U.S. by FCC Over Security
The U.S. Federal Communications Commission ejected Pacific Networks Corp. and ComNet (USA) LLC from the U.S. market, continuing a series of bans of Chinese telecommunications companies over security …
Another Wave In The Supply Chain Crisis Hits As New China Lock Downs And Ukraine Threaten Global Supply
Rising Covid infection rates in China have resulted in new shutdowns that will impact the supply chain. This combined with Russia’s war on Ukraine threatens an already weakened global supply chain.
China Shares Soar After Beijing Signals Support; Alibaba Up More Than 20%
Technology stocks led a rebound in Chinese markets, as investors seized on supportive comments from top Chinese economic policy makers.
Why Russia Isn’t That Important to China
China may find that its recently renewed alliance with Russia is a costly partnership,” McMillan wrote. “Investors have jettisoned Russian assets, causing an all-time low in the Russian ruble, and are …
China plans audit concession in face of US delisting threat
Beijing is preparing to make a concession Chinese audit information in an effort to resolve an impasse threatening more than $2tn of shares in US-listed Chine …
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