The Chips and Science Act 2022 signed by US president Joe Biden on August 9 is seen as an important move to boost US competitiveness in the face of a “sputnik moment” with China. As…
Monthly Archives For August 2022
China Firms From Pharma to Tools Join Swiss GDR Frenzy, Sources Say
Chinese companies are doling out mandates to investment banks for share sales in Switzerland, encouraged by the relative success of firms capitalizing on an expanded link between stock exchanges in …
China stages more drills near Taiwan as U.S. lawmakers visit
China’s military said it carried out further drills near Taiwan on Monday as a group of U.S. lawmakers visited the Chinese-claimed island and met with President Tsai Ing-wen.
Q&A with Richard Thurston: No need for TSMC to take side between US and China
The CHIPS and Science Act 2022 signed by US President Joe Biden on August 9 is seen as an important move to boost US competitiveness in the face of a “sputnik moment” with China. As…
Alibaba, ByteDance share details of prized algorithms with Beijing authorities for first time
The algorithms are considered the secret sauce of many online services, critical in capturing user attention and driving growth. Read more at straitstimes.com.
China to lift Aug fuel exports but 2022 shipments to drop to 7-year lows
China’s fuel product exports will rebound in August to near the highest for the year so far after Beijing issued more quotas in June and July, although broader curbs are set to cap shipments at…
Stock Rally Cools on Gloomy China Economic Outlook: Markets Wrap
A stock rally cooled in Asia on Monday and the dollar rose as investors absorbed disappointing data prints and a surprise interest-rate cut from China, whose economic woes are hampering the global …
Gold Drops With Fed Rate Path and China’s Slowdown in Focus
Gold dropped — following four straight weeks of gains — as investors assessed the outlook for the Federal Reserve’s tightening path and on more signs China is struggling to recover.Most Read from Bl …
Chinese mainland reports 692 new local confirmed COVID-19 cases
A medical worker transports nucleic acid samples at a testing lab in Sanya, south China’s Hainan Province, Aug. 14, 2022. (Xinhua/Zhao Yingquan) BEIJING, Aug. 15 (Xinhua) — The Chinese mainland on …
Shenzhen promotes high-quality development of Greater Bay Area
Since the Outline of the Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area was issued and implemented in February 2019, Shenzhen has promoted high-quality development of the Greater …
Asian shares mixed after China cuts key rate, Japan GDP up
Shares were mixed in Asia on Monday after China’s central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter. Tokyo and Sydney advanced while…
China’s July refinery output drops to over 2-year low on plant outages
China’s refinery crude throughput fell last month to its lowest since March 2020 as several state refiners underwent unplanned shutdowns and their independent peers trimmed production in response to …
China lowers its key policy rate for the first time since January as key indicators of economic growth weaken
China: China has lowered a key policy interest rate by 10 basis points, the first reduction since mid-January, as economic pressure fro..|News Track …
