Sichuan capital of Chengdu orders 21 million residents to stay home just weeks before a Communist Party meeting to decide the nation’s top leadership.
Monthly Archives For September 2022
Tencent divestment strategy sends chill through China’s tech sector
Tencent has reined in its once aggressive pursuit of Chinese internet companies, sending a chill through an industry already reeling from a regulatory onslaught. The Shenzhen-based internet giant and …
Is It Time to Consider Lifting Tariffs on Chinese Imports?
Many of the tariffs levied by the Trump administration on Chinese goods remain in place. James Heskett weighs whether the US should prioritize renegotiating trade agreements with China, and what it …
China’s median line violations suggest Taiwan ‘decapitation’ rehearsal
Surging incursions from Chinese jets are rewriting the status quo in the Taiwan Strait — and leaving the U.S. with few good options.
Nvidia and tech stocks weighed down by tensions with China, oil prices decline
Yahoo Finance Live’s Rachelle Akuffo, Seana Smith, and Ines Ferre examine the headwinds facing tech stocks, the bond market, the U.S. dollar, and oil prices.
FirstFT: US limits China’s access to advanced Nvidia chips
Plus, Taiwan shoots down suspected Chinese drone for first time and UN inspects Russian-held nuclear plant in Ukraine …
For China’s Xi and Other Strongmen, Gorbachev Showed Exactly What Not to Do
Though Mikhail Gorbachev’s reforms were praised in the West, the collapse of the Soviet Union schooled a generation of authoritarian rulers in the dangers of tolerating any signs of dissent or …
Wall Street continuing to fund China’s military ambitions
China’s recent saber-rattling over Taiwan is indicative of rising tensions between Washington and Beijing. And yet, Wall Street is still actively funding entities tied to China’s military.
Oil slides 3% as China lockdowns stoke demand fears
Oil prices tumbled more than 3% on Thursday, as new COVID-19 lockdown measures in China added to worries that high inflation and interest rate hikes are denting fuel demand.
China Lockdown And First Drop In South Korea’s Chip Exports In 2 Years Kill Animal Spirits
The poor EMU CPI report may have been the last straw in favor of a 75 bp hike by the ECB next week. Read more here.
China’s Shenzhen begins reinstituting COVID restrictions as cases spike
China’s tech hub Shenzhen has begun reinstituting COVID restrictions as cases spike across the country. Residents who want to leave must now present two negative tests within 48 hours.
Govt exempts CPSEs in RE projects from China-centric import curbs
Making a major exception for Renewable Energy projects by Central Public Sector enterprises CPSEs), the Centre has exempted them from a 2020 financial rule brought in to restrict imports from firms …
UN accuses Beijing of Uyghur rights abuses
The U.N. accused China of serious human rights violations that may amount to “crimes against humanity” in a long-delayed report examining a crackdown on Uyghurs and other mostly Muslim ethnic groups.
