A United Nations summit on biodiversity will be held in Canada instead of China, organizers announced Tuesday, the second major international event to be moved from China because of its strict …
Monthly Archives For June 2022
China’s Bilibili Launches Paywall as It Seeks New Revenue Source
Chinese video platform Bilibili has launched a paywall for some of its videos as the company, bruised by Beijing’s sweeping crackdown on the tech industry, looks to diversify its revenue sources. The …
Hong Kong’s last governor on dealing with China: podcast
Chris Patten was Britain’s top representative in the colony before its handover 25 years ago. In this edition of The Exchange podcast he talks about his newly published diaries, businesses sucking up …
China’s Electric Car Exports More Than Double, Mostly to Europe
China’s shipments of cars rebounded in May, with electric vehicle exports more than doubling, as Covid lockdowns gradually ended. Most Read from BloombergUS Futures Gain With European Stocks; Dollar …
US import ban over China’s forced labor in Xinjiang takes effect
A U.S. law broadly banning imports from China’s Xinjiang region took effect Tuesday, a move aimed at adding pressure over Beijin …
China increases oil imports from Iran, Russia: report
According to foreign institutions, China has increased oil import from Russia, Iran and Venezuela in May while its oil import from Africa, Brazil and the United States has declined.
China Is Becoming the Biggest Challenge for Luxury Brands
As consumer expectations evolve, brands are feeling the heat. The “all eggs in one basket” strategy that fueled growth in 2021 is now looking precarious.
Beijing city reports five new local COVID cases on Tuesday as of 3 p.m
Chinese capital Beijing reported five new local COVID-19 cases on Tuesday as of 3 p.m., a local health official said. Out of the five cases, three were already isolated for medical observation before …
China Junk Bond Selloff In New Phase With Record Fosun Rout
A record selloff in Fosun International Ltd.’s dollar bonds shows that financial stress among China’s property developers is shifting to the country’s other weaker borrowers. Most Read from …
Musk Says Shouldn’t Be Problems Balancing China, Tesla, Twitter
(Bloomberg) — Tesla Inc. Chief Executive Officer Elon Musk said he doesn’t think there’ll be any issue balancing his Tesla interests in China with the future acquisition of Twitter Inc. Most …
Quantity over quality: China faces power supply risk despite coal output surge
The world’s top coal consumer relies on coal for 60% of its electricity. Last year, lower domestic coal production led to a weeks-long power crunch that hit manufacturing across the world’s No. 2 econ …
Biden’s Policy Toward China Is A Road To Self-Destruction
President Joe Biden’s administration appears determined to project the image that United States remains the world’s hegemon regardless of cost or …
Beijing Eyes Pacific Islands, Exploiting U.S. Strategic Vacuum
The newly contested region needs serious U.S. attention. Our top picks, from campus novels to science fiction to globe-spanning histories. Opposition to all things nuclear was the bedrock of the …