Chinese foreign ministry spokesperson Wang Wenbin said on Thursday that the United States was attempting to impose a “technological blockade” on China after chip designer Nvidia Corp said on Wednesday …
Monthly Archives For September 2022
2 Major Traps on China’s Path to Global Leadership
There are at least two major obstacles that China will have to get over on its path to global leadership, one domestic and one outward-facing.
Oil Prices Under Pressure As China Expands Covid Lockdowns
China has locked down the city of Chengdu … Prices could fall further later today as G7’s finance ministers are gathering to discuss their idea of imposing a price cap on Russian oil sold …
China Vanke property services unit Onewo targets up to US$1.5 billion in Hong Kong IPO
Onewo, the property services unit of property developer China Vanke, has received the go-ahead from the Hong Kong stock exchange’s listing committee for an IPO, and will start the investor education …
Chinese stock’s 13,000% surge creates another US IPO mystery
SINGAPORE – Another Chinese firm is baffling investors with massive gains on its first day of trading in the United States, following on from stellar debuts for AMTD Digital and Magic Empire Global.
China locks down 21 million in Chengdu in COVID-19 outbreak
Chinese authorities have locked down Chengdu, a southwestern city of 21 million people, following a spike in COVID-19 cases. Residents have been ordered to stay home, and about 70% of the flights have …
NVIDIA reveals new US government rule restricting export of AI chips to China and Russia
The US government has introduced and immediately started imposing a new rule that would restrict the export of computer chips used for supercomputers and artificial intelligence to Russia and China.
Chengdu locks down 21.2 million people as Chinese cities battle Covid-19
One of China’s biggest cities, Chengdu, announced a lockdown of its 21.2 million residents as it launched four days of citywide Covid-19 testing.
Watch: This is how Beijing resolves traffic jam
A video has surfaced online showing Beijing officials widening roads for the dense traffic for smooth movement.
Taiwan threatens Beijing with counterattack
Military officials in Taipei explain how the island would defend itself from a Chinese invasion Taiwan has vowed to launch a forcefulnbsp …
China rejects UN report on Uyghur rights abuses in Xinjiang
China has denounced a long-delayed U.N. report that was released over its protest and that says the government’s arbitrary detention of Uyghurs and other mostly Muslim ethnic groups in the western …
China records fewest marriages since 1986, adding to fears of population crisis
China last year registered the fewest marriages since its public records began more than three decades ago — adding to concerns the country faces a looming demographic crisis.
China’s mega-banks are priced for total disaster
China’s financial champions helped build a backwards command economy to a brutal global competitor. As the economy undergoes unprecedented stress, the systemically critical “Big Four” lenders, which …
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