China has suffered its first setback in an escalating tug of war with western powers for dominance in the Pacific Islands after it failed to win support from countries in the region for a …
Monthly Archives For May 2022
COVID-19 restrictions easing in China’s major cities
Some COVID-19 lockdown measures imposed on businesses in Shanghai, China will be lifted on Wednesday. Plans have als …
Japan carmakers output falls 21% in April, hit by China lockdowns
Eight Japanese carmakers’ global production in April declined by a combined 21% from the same month a year ago, at 1.63 million vehicles, with output dragged lower by Covid-19 lockdowns in China, …
AIA China approved to begin preparations for new branch opening
AIA China has received approval from the China Banking and Insurance Regulatory Commission (CBIRC) to begin preparations to establish a new branch in Henan province. AIA said the Chinese life …
Congress should remove China’s state-owned companies from U.S. capital markets
On one side are U.S. consumers and defense hawks concerned with China’s rise. On the other side are Wall Street investors and pundits urging wider trade with Beijing. This tension is now coming to a…
China will gift digital yuan to its citizens to boost the economy after the lockdown
In contrast to many other nations, China has adhered strictly to a zero-COVID policy, resulting in the repeated shutdown and closure of non-essential enterprises in key financial centres such as …
San Jose man faces up to 30 years in prison for smuggling US aviation tech from NASA contractor to China
A man from San Jose, California, has been charged with smuggling and violating export control laws after allegedly sending sensitive aeronautics software to a public university in Beijing. Jonathan …
Oil And Equities On The Rise As China Eases COVID Restrictions
China is finally ready to ease COVID restrictions in Shanghai and Beijing. The news has sparked some upside momentum in markets. “Risk is back in business it seems,” said AJ Bell investment …
China could come close to its 5.5 per cent growth target this year – with planning and a bit of luck
While forecasters are downgrading China’s growth expectations for 2022, there’s scope to implement the right incentives to enable consumer demand and business investment to rally later this year It’s …
Hong Kong’s Next Leader Receives Official Appointment Letter From Beijing
Hong Kong’s next leader, John Lee, received an official letter of appointment from Beijing on Monday, a month before he is to take over the leadership of the semi-autonomous city. Lee received his …
Musk: China ‘leading world’ in renewable energy
Few seem to realize China is leading the world in renewable energy generation and electric vehicles, Elon Musk, Tesla’s CEO said via Twitter on Monday, adding, “Whatever you may think of China, this …
Biden admin’s ‘fixation’ on China ‘distracts’ from the ‘real threat’ Russia, New York Times guest essay says
Zachary Karabell argued in an opinion essay for the New York Times that China “doesn’t have to be our next great enemy,” adding that Russia was the “real threat.” …
Musk’s optimism about China’s EV market best rebuttal to Western badmouthing against Chinese economy
China’s Ministry of Finance said on Monday that the next step is to implement the fiscal subsidy policy for the NEV industry to promote its high-quality development. While Forbes on Monday claimed …
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