“The big thing for China is that they appear to have entirely skipped steam and moved directly to an (electromagnetic-style) launch system. If their system works, which remains to be seen, this is a …
Monthly Archives For June 2022
China to strengthen laws against telecom fraud
China is reinforcing its laws to crack down on rampant telecom and internet fraud as the new draft law was submitted to the national legislators for review on Tuesday.
China Claims New Technical Tool; Analysts Suspect Dual Military Use
China is showing off new sea-based technology as it seeks to assert its dominance in the Pacific, analysts say. The latest technological tool is the Zhu Hai Yun, an unmanned and autonomously operated …
BMW, other global carmakers expand operations in China, showing confidence in market
Global carmakers, including BMW, Honda and Volkswagen, have announced plans for new factories and expanded production in China, confirming their long-term commitment to and confidence in the Chinese …
Beijing Signals Support To Internet Giants As Curbs Ease
The Chinese government has vowed to increase its support to internet giants and their online payment units after it ended an 18-month-long regula …
‘Dynamic and scientific’: Shenzhen tightens regular testing request amid sporadic infections while epidemic-free cities slow down regular screening
After more than a month of clearance of infections in Shenzhen, South China’s Guangdong Province, the city has reported sporadic local COVID-19 cases in recent days. In light of this, Shenzhen has …
Tesla is still battling spying suspicions in China
Tesla cars are being kept off some roads in China as authorities bar them from sensitive areas, reportedly including a seaside resort town where a top leadership gathering could take place next month.
Will China-Russia Relationship Unravel? Experts Weigh In
What followed was a 5,000-word joint statement in which they declared the China-Russia partnership to be one with “no limits,” with “no forbidden areas” of cooperation. At a time when Russian forces …
China Fires Official for Abusing Covid-Tracking Codes to Thwart Protesters
In the central city of Zhengzhou, two officials in charge of pandemic control switched the health codes of more than a thousand bank customers to color red to thwart protests over alleged bank fraud.
Assets of China’s banking, insurance sectors rise in past decade
The assets of China’s banking and insurance sectors have expanded remarkably over the past decade, official data showed Thursday. The total assets of the Chinese banking industry stood at 344.7 …
China bans over 30 live-streaming behaviours, demands qualifications to discuss law, finance, medicine
China has issued new regulation on the live-streaming industry that lists 31 banned behaviours, raising the bar for influencers to talk about certain topics, in the government’s latest effort to …
China’s Rise Will Be Short Lived
Remove international links, and Chinese mortality levels will rise even as baked-in demographic trends mean birth rates will continue to fall. What might we see break first? I freely admit the very …
Tesla battery supplier CATL raises US$6.7 billion in Shenzhen stock placement as mainland China’s capital market thrives
The share placement underlines the strength of demand in mainland China’s capital market as appetite for new offerings in Hong Kong and the US wanes.
