A debt crisis in the property sector and an economy hobbled by a zero-Covid policy have left small lenders struggling Crisis has been compounded by recent mortgage boycott and protests over frozen …
Monthly Archives For September 2022
China approves Livzon Pharma’s COVID-19 vaccine, among first new products in more than a year
BEIJING: China granted emergency use authorisation to Livzon Pharmaceutical Group’s COVID-19 vaccine as a booster, the firm said on Friday (Sep 2), marking one of the two new products against the …
China tech hub Shenzhen closes off parts of city for 2 days
The Chinese tech hub of Shenzhen on Friday imposed 48 hours of restrictions on movement in central districts, putting people and businesses including Apple supplier Foxconn’s assembly lines under a de …
Crypto Mines Have A Noise Pollution Problem
High-decibel noise complaints now abound wherever there are crypto mining operations, and so does costly litigation to shut down the disruptive noise stemming from Bitcoin mines. Although the …
US OKs $1B arms sale to Taiwan as tensions rise with China
The Biden administration has announced a more than $1 billion arms sale to Taiwan as U.S.-China tensions escalate over the status of the island …
South Korea vows action on falling China exports after posting record trade deficit in August
South Korea’s overall deficit hit US$9.47 billion last month, the highest figure since records began in 1956 August also marked four consecutive months of trade deficit with the world’s No 2 economy, …
China-based fabless chip provider Intchains files for $29M US IPO
China-based fabless chip provider Intchains Group (ICG) has filed for a proposed $29M US initial public offering. Intchains said in its filing that it was looking to offer …
Biden administration announces $1.1 billion arms sale to Taiwan amid China tensions
The U.S. State Department has approved a potential $1.1 billion sale of military equipment to Taiwan, including 60 anti-ship missiles and 100 air-to-air missiles, the Pentagon said on Friday, amid …
China’s economy has long been forecast to overtake the U.S.’s and become the world’s biggest. Doubts have emerged.
The sharp slowdown in China’s growth in the past year is prompting many experts to reconsider when China will surpass the U.S. as the world’s largest …
Parents in China shave their heads, donate scalp tissue to help son recover from severe burns
A 1-year-old boy in China has undergone two successful surgeries for his severe burn wounds after his mother and father shaved their heads to donate their scalp tissue. On July 30, a solar water …
Biden administration to maintain China tariffs while review continues
WASHINGTON (Reuters) – The Biden administration said on Friday it will keep tariffs on hundreds of billions of dollars worth of Chinese imports in … on hold following China’s military maneuvers …
Report: Crypto Mines Are Causing Alarming Levels of Noise Pollution, Frustrating Residents
Some are filing litigation and complaints to fight back. After China banned crypto mining last year, large parts of the U.S. received an influx of miners. But they created an unexpected problem across …
“A Strong Power in Rapid Ascent”: 10 China Stocks in Ray Dalio’s Portfolio
In this article, we discuss 10 China stocks in Ray Dalio’s portfolio. If you want to skip our analysis of Dalio’s stance on China, go directly to 5 China Stocks in Ray Dalio’s Portfolio. Ray…
