China has decided to increase its arms exports to Pakistan and take a major leap in its defence cooperation with Pakistan, initiating sale of arms ranging from stealth fighters to submarines, a move …
Monthly Archives For March 2022
What’s Really Behind Beijing’s Crackdown on Its Tech Industry?
Beijing’s pride in its world-class big-tech sector has lost its shine, replaced by disdain for its “barbaric” capitalistic growth. Over the past year, a severe clampdown on its largest and most …
Beijing closes in on security pact that will allow Chinese troops in Solomon Islands
A leaked security co-operation agreement has revealed that the Solomon Islands could allow Chinese soldiers and police to be deployed in the Pacific nation, which might also resupply People’s …
Will China Snub The Oscars, Again?
After not airing the 2021 Oscar ceremony, China is believed to be sitting out this weekend’s event as well. The motivations behind last year’s move were understood to be related to specific films and …
China finalising security deal with Solomon Islands to base warships in the Pacific
Draft agreement circulating on social media suggests China could establish military base less than 2,000km from Australia …
China examines cockpit voice recorder from crashed airliner
Chinese investigators began examining the cockpit voice recorder from a China Eastern Airlines jet that plunged into mountainside with 132 people on board as recovery crews searched muddy fields on …
U.S. sets red lines for China helping Russia dodge sanctions
The Biden administration has warned Beijing not to take advantage of business opportunities created by sanctions, help Moscow evade export controls or process its banned financial transactions.
Elon Musk tops world’s rich list as crypto billionaires race up the rankings
Newly minted crypto billionaires appear on the Harun Global Rich list. Tesla CEO and Pretoria-born Elon Musk is far and away the richest person in the world, according to the recently published Hurun …
Billionaire Pony Ma Vows Long-Term Growth For Tencent Amid China Tech Crackdown
Pony Ma, the billionaire co-founder of Chinese web giant Tencent, has vowed to reposition his company for “sustainable long-term” growth, after Beijing’s crackdown on its internet sphere has chopped …
China’s EV chassis maker PIX raises $11M to build its own smart vehicles
The autonomous driving industry in China has enjoyed a boom over the past two years, with both institutional and corporate investors pouring money into a driverless future. Companies thriving in the …
UBS, China Life Asset Management Venture Plan in Limbo as Talks Stall – Sources
A plan by UBS and China Life Insurance Group to set up an asset management joint venture in China faces uncertainty as talks have stalled due to a corruption investigation at the insurer and curbs…
China says to exempt 3% VAT levied on some small firms
China will exempt the 3% Value Added Tax (VAT) levied on some small firms, the country’s main source of jobs, the finance ministry said on Thursday, to help shore up the world’s second-largest economy …
China Online Education Group Announces Receipt of a Non-Binding Proposal to Acquire Mainland China Business of the Company
China Online Education Group (“51Talk” or the “Company”) (NYSE: COE), a leading online education platform in China, with core expertise in English education, announced that its board of directors (the …
