U.S. President Joe Biden speaks during a visit to a family farm in Kankakee, Illinois on May 11, 2022. Credit – Taylor Glascock—Bloomberg/. American consumers are fe …
Monthly Archives For July 2022
China’s Stars Dim for Investors
President Xi Jinping is strangling the Chinese economy with a renewed adherence to Maoist socialism and is crushing human rights.
EVs Help China’s Geely Auto Rebound In June; Stock Gains 6.7% In Hong Kong
Geely Automobile Holdings, a China automaker controlled by billionaire Li Shufu, said on Thursday sales rebounded by 26% in June from a year earlier after the Covid lockdowns disrupted earlier this …
Shanghai back on alert as China battles COVID-19 outbreaks
SHANGHAI: Millions of people in Shanghai queued for a third day of mass COVID-19 testing on Thursday (Jul 7) as authorities in several Chinese cities …
Someone may be ramping up an NPM crypto-mining spree
A burst of almost 1,300 JavaScript packages automatically created on NPM via more than 1,000 user accounts could be the initial step in a major crypto-mining campaign, according to researchers at …
Brand Scandals Are Inevitable in China, But ‘Cancellations’ Are Not
In the wake of the COVID-19 pandemic, multiple trends have converged to foster a uniquely nationalistic-tinged market environment in mainland China.
Ice Cream Brand Stirs Controversy Over Products That Don’t Melt
Although the ice cream is primarily made of various types of milk, some consumers voiced concerns over the use of the thickening agent carrageenan.
Beijing announces COVID-19 vaccine mandate for its residents
Beijing imposed China first COVID-19 vaccine mandate for residents to enter public venues in face of a spike in cases from Omicron subvariant …
Chinese diplomat says ‘reunification’ with Taiwan near, cites China’s ‘growing comprehensive strength’
A top Chinese official in charge of relations with Taiwan has announced a “reunification” of the two countries is approaching, citing growing Chinese “strength.” …
Vivo illegally remitted massive Rs 62,476 crore to China: ED seizes Rs. 465 crore, 119 bank accounts
Vivo’s Indian subsidiary is accused of remitting almost 50% of its turnover, amounting to Rs 62,476 crore, to China, in a bid to avoid paying taxes in …
What a tycoon’s trial says about the rot in China’s financial system
So far they have heard nothing, not even as his trial kicked off in a Shanghai courtroom on July 4th. All details of the charges he faces have been kept secret. The only official recognition…
China and India funnel $24 billion to Russia with energy spree
China spent $18.9bn and Russia $5.1bn for Russian oil and gas in just three months following the invasion of Ukraine. Russia has pocketed $24 billion from selling energy to China and India in just …
China’s share in India’s total imports falls to 15.4 per cent in 2021-22
The share of Chinese imports in the country’s total inbound shipments has declined to 15.4 per cent in 2021-22 from 16.5 per cent in 2020-21, sources said on Thursday. They also said the major items…
