European shares closed at a two-week high on Monday, boosted by miners as an easing of COVID-19 restrictions in China lifted global sentiment, while Prosus shares rallied on the Dutch company’s plans …
Monthly Archives For June 2022
The US and its allies are scrambling to respond to China’s intensifying moves in the heart of the Pacific
China’s pursuit of security agreements with Pacific Island countries have set off alarm bells for the US and its allies in the region.
U.S. Eyes Biden, Xi Meeting in Next Weeks, Sees Growing Convergence on China
U.S. President Joe Biden and Chinese President Xi Jinping are expected to speak in the next few weeks, U.S. national security adviser Jake Sullivan said on Monday, citing growing convergence among …
$600BN G7 plan to rival Belt & Road project, break China’s debt-traps
The G7 pledged to raise $600bn in private & public funds over 5 years to finance infra in developing countries. The move will counter china’s so-called belt & road initiative, many recipient countries …
Chinese censors scrub internet after senior party official gives speech on timeline of zero-Covid in Beijing
Chinese censors scrambled to delete what appears to be a misleading quote by a senior Communist Party official published in state media Monday, which claimed the “zero-Covid” policy would remain in …
It’s What Beijing’s Party Boss May Not Have Said That Shows Zero-Covid Fatigue
Beijing’s top official reportedly vowed five more years of strict pandemic controls in a speech, prompting a social media outburst—and a speedy retraction of the pledge.
China is building a yuan currency reserve to compete with the dollar and prop up other economies facing volatility
China is teaming up with Indonesia, Malaysia, Hong Kong, Singapore, and Chile. Each will contribute the about $2.2 billion worth of yuan.
Tesla employees reportedly say crowding and slow WiFi is roiling Elon Musk’s return-to-office mandate
Tesla’s workforce has more than doubled since the pandemic started, but workers told The Information space at its facility hasn’t kept pace.
Hypocritical for Johnson to do business with China while countering China with values
When leaders of G7 members convened in Germany for the summit, UK Prime Minister Boris Johnson on Sunday told CNN in an interview that a balance between protecting shared values and doing business …
China welcomes infrastructure plans but opposes smears against BRI China welcomes infrastructure plans but opposes smears against BRI
China said on Monday that it welcomes all initiatives on improving global infrastructure but opposes attempts to smear the Belt and Road Initiative (BRI).
China’s fourth mobile operator goes live
China’s fourth mobile operator has launched services, breaking into a market that has long been the domain of the big three.
China newcomer hits button on 5G
China Broadnet launched 5G, joining its three big-name rivals in offering the latest generation of mobile technology.
China’s May industrial profits kept tumbling, raising calls for more government support
Central bank governor Yi Gang, in an interview with state media on Monday, reiterated oft-repeated sentiment that China’s economy continues to face … including from a decline in the appetite for …
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