China has created an open platform to accelerate the development of a home-grown desktop operating system, in its latest effort to shake off the country’s reliance on foreign systems such as Microsoft …
Monthly Archives For July 2022
Hong Kong should fill tech void in China, push for removal of curbs on start-ups in bid to become country’s international I&T hub, industry players urge
Hong Kong can focus on high value-added technologies, attract talent to city and fill chip-making void on the mainland, says one industry expert Professor Dennis Lo of Chinese University says hurdles …
Yuan-ruble trade hits a 6-month high as Chinese exports to Russia jump amid Western sanctions
Yuan-ruble trading volume surged to a six-month high in China last month as Chinese exports to Russia ramped up. Spot trading between the two currencies rose to 321 million yuan, …
China pays for its disengagement
For more than three decades, the global economy was defined by unbridled integration and unprecedented interdependence. Neither political spats nor localized wars could slow the globalization train.
China’s Stimulative Policy Actions: Turning The Tide For Investors
China’s zero-COVID policy has cratered the economy. While the government may endorse targeted stimulus, the only way economic momentum is likely to accelerate is through additional support.
Labeled a ‘Challenge’ by NATO, China Signals Its Own Hard-line Worldview
The alliance’s forceful declaration in its mission statement reinforced Beijing’s belief that hostile powers are bent on hobbling the country’s ascent.
Fact-Checking 8 Claims About Crypto’s Climate Impact
While some experts say that there’s potential for positive impact from crypto mining, most agree there are few indications that the industry is going in the right direction. “There is a narrow path …
China’s Up-and-Coming Sports Gear Makers: When Politics Meets Business
China’s indigenous sports apparel companies have made great strides in their domestic market, in part by embracing the CCP’s line. That decision poses steep hurdles for their expansion abroad.
China – Amends 14-Year-Old: Anti-Monopoly Law: What Has Changed And Implications For Business.
China promulgated the Amendments to its 14-year-old Anti-Monopoly Law (the “AML”) which will take effect from 1 August 2022 (the “Amendments”). To bring the Amendments alive, consultation drafts of …
Mercedes-Benz, BMW, and Audi’s EV plans are reliant on China
Three major German carmakers have separately made announcements this month that underscore just how important China is to their electric vehicle ambitions. Mercedes-Benz has just kicked off production …
What China did to Hong Kong is a ‘horrible omen for what’s about to happen in Taiwan,’ says Kyle Bass
Kyle Bass, CIO of Hayman Capital Management, joins CNBC’s ‘Squawk Box’ to discuss China’s relationship with Taiwan as President Xi Jinping makes his first visit outside the mainland for the first time …
China takes fresh steps to open bond market to foreigners
China took fresh steps on Friday to facilitate foreign investment in its $20 trillion bond market, saying it would cut service fees, improve overseas access to foreign exchange hedging, and streamline …
Hong Kong’s 25 years under China: Protests, politics and tightening laws
Here are some of the key events since Beijing regained sovereignty over the former British colony, which is struggling amid an authoritarian crackdown on dissent.