The earthquake and lockdown follow a heat wave and drought that led to water shortages and power cuts due to Sichuan’s reliance on hydropower.
Monthly Archives For September 2022
Taiwan offers to send emergency responders to China after devastating 6.8 magnitude earthquake
Taiwan offered to emergency responders to aid China’s rescue efforts after an earthquake Tuesday, the first olive branch amid weeks of heightened military tensions.
China stocks close 1% higher; Australian central bank hikes rates by half a point
Shares in the Asia-Pacific traded mostly higher on Tuesday as Australia’s central bank raised interest rates again.
Deadly quake in Sichuan, China, topples homes, creates landslides
A powerful magnitude-6.8 earthquake that set off landslides and shook buildings in southwestern China has killed at least 65 people and injured hundreds more, state media said on Tuesday.
Business revenues of China’s top 500 companies exceed 100 trillion yuan, setting a new record
Total business revenues of China’s top 500 companies have exceeded 100 trillion yuan ($14.4 trillion) for the first time in fiscal year 2021, recording the largest annual increase in nearly 10 years, …
Derek H. Burney: Beijing’s bellicose behaviour tests Biden’s leadership and America’s resolve
The bellicose rhetoric from Beijing — “those who play with fire will perish by it” — will test Biden’s and America’s resolve and that of key allies. The objective must be to act deliberately to…
Possible Xi-Putin Meet As China’s President Eyes First Trip Since COVID
Xi’s first foreign trip in more than two years would include a meeting with President Kassym-Jomart Tokayev of Kazakhstan, the statement said. Both Xi and Tokayev are due in Samarkand, Uzbekistan, the …
China’s top banks face narrowing margins as calls to help economy grow
Top tier Chinese banks preparing to respond to Beijing’s call to boost lending to the real economy and debt-laden property sector are set to face a squeeze on their profit margins in the second half,…
China, Notorious Cyber Hacker, Is Now Getting It Back From The U.S.
In what can be considered a case of hunter becoming the hunted, China after years of harassing other nations with cyber espionage and attacks, has now alleged that it was hit by a cyber-attack, …
China finance ministry to auction 85 bln yuan 2-year bonds on Sept 14
China’s Ministry of Finance said on Tuesday that it would auction 85 billion yuan ($12.3 billion) in 2-year bonds on SEPT. 14. After the auction, the bonds will be issued from Sept. 14 to Sept.…
Does the U.S. Have a China Policy?
With congressional enactment of industrial policy legislation intended to help America to bring home production of semiconductors and other advanced products, where does this leave the Biden …
China has UK exactly where she wants us – totally dependent on her, says JONATHAN SAXTY
GERMANY’S over-dependence on Vladimir Putin’s gas is currently bringing that nation to its knees. But there is an identical, perhaps even more perilous danger threatening the UK and the US, and that …
Chinese AI unicorn 4Paradigm makes third IPO attempt in Hong Kong, but cites chip supply risks amid US sanctions
After two previous applications to list in Hong Kong lapsed for unknown reasons, the developer of specialised AI software hopes the third time’s the charm 4Paradigm faces risks of tightened …
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