A Chinese newspaper contended that Beijing should “deploy a large number of warplanes” if the House speaker visits Taiwan.
Monthly Archives For April 2022
China’s $2.3 Trillion Infrastructure Plan Puts America’s to Shame
Planned investment this year amounts to at least 14.8 trillion yuan ($2.3 trillion), according to a Bloomberg analysis. That’s more than double the new spending in the infrastructure package the U.S.
Capital Flight: Foreign Investors Exit China
The Russian invasion of Ukraine caused international investors to pause for thought on where their international investments reside. Are they seeing China in a new light?
Samsung’s chip business is hot. Will China take a bite?
Booming memory-chip sales are likely delivering another record quarter. But a potent new competitor may be waiting in the wings …
The Beijing Put — Stemming The Downward Spiral
This time, Beijing was forced to change course and appease international investors to head off further cratering of the economy. The government faced the risk of massive layoffs by Internet companies …
China used TV, TikTok stars in discreet Olympics campaign
A “Real Housewives of Beverly Hills” TV star, a Paralympic swimmer and a self-described “brand king” were among the Instagram and TikTok influencers who were paid by Chinese officials for a discreet …
Tesla ‘recalls’ another 120,000 vehicles in China, but it’s another software update fix
Tesla is again in the headlines in China – the world’s biggest EV market – due to a recall of over 120,000 vehicles in China, but it’s another over-the-air software update fix. Lately, Tesla has…
Why Crypto Mining Stock Canaan Plunged 20% Today
Cryptocurrency mining company Canaan (NASDAQ: CAN) is one of the big movers in the market today. Its shares have plummeted 20% over the past 24 hours as of 1 p.m. ET, marking the largest move…
Fishy Business: Report Details Chinese Fleet’s Illegal Operations in West Africa
China’s massive distant-water fleet is responsible for illegal fishing, environmentally unsustainable practices and human rights issues on and off the boat in Ghana, according to a new investigation …
Shanghai vows to improve food deliveries as discontent grows over COVID-19 curbs
SHANGHAI: Shanghai on Thursday (Apr 7) said it was trying its best to improve the distribution of food and essential goods to locked-in residents, responding to growing discontent over such …
China and India condemned the Bucha killings in Ukraine but avoided blaming Russia
Both India and China have refused to explicitly condemn Russia over its unprovoked invasion of Ukraine.
China warns U.S. to not let House Speaker Pelosi visit Taiwan
China warned on Thursday it would take strong measures if House Speaker Nancy Pelosi visited Taiwan and said such a visit would severely impact Chinese-U.S. relations, following media reports she …
HSBC Raises Stake in China Securities Joint Venture to 90%
Notably, in 2020, HSBC initiated a digital-first, hybrid financial management platform — HSBC Pinnacle — in mainland China to bank on the increasing wealth in the region. In December 2021 …