China has taken another small step towards reducing its exposure to the US dollar and the dollar’s dominant role within the global financial system while expanding its own influence in the …
Monthly Archives For June 2022
G7 Takes Aim At China Over “Non-Transparent, Market-Distorting” Practices
G7 leaders on Tuesday condemned China’s “non-transparent and market-distorting” international trade practices in an end-of-summit statement billed as “unprecedented” by the United States.
Japan Pushes for Stronger Cooperation to Counter China at G7
Japan’s prime minister stressed that Russia and China pose similar threats to the rules-based international order.
A quarter-century after the handover, is Hong Kong still attractive as a business hub?
Crackdowns by Beijing and severe COVID restrictions have undermined its status. Friday marks the anniversary of the transfer of control.
Dah Sing Bank approved to open new Shenzhen Branch
Establishment of the new branch is slated for early 2023. Dah Sing Bank has gotten approval to open a new Shenzhen branch under its Hong Kong-based entity. This makes Dah Sing Bank the first foreign…
China’s easing COVID travel restrictions spark travel inquiry surge
Interest in Chinese airline tickets soared Wednesday after Beijing announced it would ease COVID-19 quarantine requirements on travel.
China continues to snap up Russian coal at steep discounts
Shipments of Russian coal to China continued to rise in May and June compared to last year, new data from S&P Global Market Intelligence showed.
Xi Jinping inspects Wuhan, stresses China’s self-reliance in science, technology
Chinese President Xi Jinping stressed keeping the lifeline of science and technology firmly in China’s own hands and making the country’s development more independent, self-reliant and secure.
China’s Mars spacecraft has photographed the entire red planet, state media says
China’s space agency released sharp images, revealing Mars craters, a volcano, and a canyon that’s almost as long as the United States.
China clamps down in Hong Kong ahead of Xi Jinping visit
Chinese authorities have imposed a security clampdown on Hong Kong ahead of President Xi Jinping’s visit on Thursday, with a no-fly zone set up over the Victoria Harbour and some journalists barred …
The high costs of disengagement for China
In this new era of strategic competition between China and the West, disengagement is the order of the day. While this trend will impede economic growth, increase business costs (via supply-chain …
Companies in China are aiding Russia’s military, U.S. alleges
The United States has accused several companies and research institutes in China of supporting Russia’s military after the Ukraine invasion began, in one of the first concrete signs of Chinese …
Jiuzi Holdings Performs Unevenly As Pandemic Uncertainty Continues In China
Jiuzi Holdings went public in May 2021, raising approximately $26 million in a U.S. IPO. The firm sells electric and hybrid vehicles via dealers in China.
