Chinese officials are studying the financial sanctions leveled against Russia as they hope to understand how the West might react to an invasion of Taiwan.
Monthly Archives For March 2022
International firms are facing louder calls to quit Russia – here’s why brands like Starbucks, KFC, and Uniqlo are choosing to stay
Over the past few days, dozens of global brands have suspended sales in Russia putting pressure on others to do the same.
Xi says China is willing to play role in mediating Ukraine crisis, in call with European leaders
President Xi Jinping said Tuesday that China is willing to “work actively” with the international community to mediate the war in Ukraine, but did not offer details and reiterated his opposition to …
Report: Beijing-backed hackers breach at least 6 U.S. state governments
Chinese government-backed hackers have breached at least six U.S. state government networks since last May, Mandiant cybersecurity firm confirmed Tuesday in a new report.
Property sales at Shimao Group’s Shanghai-listed unit sink 62 per cent in February
Shanghai Shimao’s slump in contracted sales piles further pressure on parent Shimao Group Holdings, which faces US$3.2 billion of debt repayments this year.
China’s central bank to provide 1 trln yuan to central budget
China central bank plans to turn over more than 1 trillion yuan about 1583 billion US dollars in surplus profits to the countr …
China Thinks Time Is on Its Side Regarding Taiwan Takeover
Taiwan is in danger of being subsumed by China. But it’s not imminent, and it’s not because of what’s going on in Ukraine—at least not in the way you may think. Bringing Taiwan under its…
Adidas announces new China chief as it looks to revive sales
Adidas has replaced its China chief, it said on Tuesday, as the German sportwear brand looks to revive sales in the world’s second largest economy.
GM gears up to launch new premium import business in China
BEIJING, March 8 (Reuters) – General Motors Co (GM.N) plans to create a new, independently owned premium brand in China that will market what the automaker’s China chief Julian Blissett recently …
China Stocks extend losses on Ukraine crisis, rising COVID-19 cases
Market sentiments also dampened due to rising Covid-19 cases in mainland China and Hong Kong. Mainland China reported 325 new coronavirus cases on March 7, compared with 327 a day earlier.
U.S. trade deficit soars to record high in January as imports rise
The U.S. trade deficit widened to a record high in January as imports increased and exports fell, the U.S. Commerce Department reported on Tuesday. U.S. imports rose by 1.2 percent to 314.1 billion U.
U.N. rights boss to visit China in May, including Xinjiang, but activists demand report
U.N. human rights chief Michelle Bachelet said on Tuesday that she has reached an agreement with China for a visit, “foreseen” in May, and that she had raised with Beijing the arrests of activists to…
U.N. Human Rights Chief to Visit China
Michelle Bachelet would be the first official in her position to visit China, which has come under fire for its rights record, in more than two decades.
