With that, here are ten interesting versions of Western cars exclusively sold in China. Some Western automakers have made deals with Chinese manufacturers to produce some of their models within …
Monthly Archives For October 2022
China Holiday Tourist Trips Fall 18% on Year on Broad COVID Curbs
One popular destination, Xishuangbanna in southwest China’s Yunnan province, was subject to stringent curbs over the holiday period, with districts locked down and tourists preven …
Mainland China reports 1,925 new COVID cases on Oct 7 vs 1,656 a day earlier
Mainland China reported 1,925 new COVID-19 infections on Oct. 7, up from 1,656 cases the previous day, authorities said on Saturday.
China EximBank increases inclusive loans
The balance of on-lending loans for smaller banks issued by the Export-Import Bank of China (China EximBank) hit 140 billion yuan (about 19.72 billion U.S. dollars) at the end of August, data shows.
China’s once-popular crypto exchange Huobi Global bought by About Capital
Huobi Global, once China’s top crypto exchange, has been retooling itself since exiting from the home market following Beijing’s crypto ban. Now the company is nearing a takeover by an investment firm …
China Now Has Drones That Can Drop Robot Dogs Armed With Assault Rifles Anywhere They Want
In a completely useless gesture, Boston Dynamics and five other major robot manufacturers pledged to not support the weaponization of their products. “We …
China’s services activity falls for first time since May – Caixin PMI
China’s services activity in September contracted for the first time in four months, as COVID-19 restrictions dented already fragile demand and dimmed business confidence, a private-sector business …
Take Five: China’s challenges
Markets are shifting their focus east, with Chinese data and policies in the spotlight as Beijing’s once-in-five years leadership reshuffle looks set to see President Xi Jinping break with precedent …
Hack drains $100M from biggest crypto exchange; US cotton belt hurting from dourght
Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. A post by Binance said that the company …
What’s a supercomputer? How the U.S. will decide who to punish with China tech curbs
Deciding who gets hurt by sweeping new U.S. curbs on selling technology to China will come down in part to what constitutes a “supercomputer,” experts told Reuters.
Biden administration imposes limits on semiconductor exports to China
The move is aimed at curbing China’s military ambitions, but could reshape the interplay between American and foreign chipmakers …
World’s 20 wealthiest cities, ranked: New York, Tokyo and San Francisco are home to more millionaires and billionaires than anywhere – but Dubai, Mumbai and Shenzhen are …
But Dubai, Mumbai and Shenzhen are on the ascent, and are expected to break into the top 20 by 2030. Interpreting the data, Andrew Amoils, head of research at New World Wealth, says that in…
US Moves to Block Advanced Chip Technology From Going to China
The new export controls are designed to prevent the Chinese government from obtaining advanced chips to power its supercomputers.