The Western business community has overlooked this aspect of Xi’s vision in its puzzlement over his policies, including his crackdown on Big Tech entities and the brake he has put on China’s real …
Monthly Archives For October 2022
Betting on flexibility, China’s Nio will only rent cars in new EU markets
“The advantage of our business separating the car from the battery is that we may reach economies of scale for the batteries faster than the cars,” Li said. “When we reach 10 gigawatt hours, we…
China’s COVID-19 test supplier in US is Chinese military company, Pentagon says
China’s largest genomics company, which gained access to U.S. markets and flooded the country with COVID-19 tests early in the pandemic, was named a “Chinese Military Company” by the Pentagon.
As China’s Communist Party congress looms, signals sought on easing of Covid-19 policy
THE mounting economic toll of China’s zero-Covid-19 policy is raising investor hopes that Beijing may finally begin laying the groundwork for the tricky epidemiological and political task of shifting …
COVID defies China’s lockdowns, creating chaos before top meeting
China is facing its largest flare-up of COVID in a month, and crackdowns are complicating preparations for an all-important Communist Party meeting in Beijing.
Explainer-What is ‘FDPR’ and why is the US using it to cripple China’s tech sector?
Now, the United States is going after China’s advanced computing and supercomputer industry … That move was a blow to Huawei’s smart phone business, and U.S. regulators used it on Russia and Belarus …
China’s secret police have invaded American shores: human rights advocate
Laura Harth of Safeguard Defenders warns that China’s reported police service stations abroad are expanding the communist regime’s international footprint.
U.S. aims to hobble China’s chip industry with sweeping new export rules
The Biden administration on Friday published a sweeping set of export controls, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. tools, vastly …
Elon Musk says Beijing disapproved of him sending Starlink to Ukraine, wanted him to promise he wouldn’t sell the satellite internet in China
Internet service in China is available only through state-owned providers, and access is strictly censored.
Cross-Border E-commerce Trader Zibuyu Files for IPO Despite Sinking Profits
One of the largest cross-border e-commerce companies in China, Zibuyu is also trying to make it big in Hong Kong by listing its shares in the city, but has found the going rough so far.…
Hackers steal $570 million in Binance BNB crypto tokens
Hackers stole 2 million Binance BNB cryptocurrency tokens — worth roughly $570 million — according to a Friday statement from the BNB Chain.
China Policy “Straitjacket” May End After Party Congress, Economist Says
Interested observers and businesses should look carefully at leadership choices that come out of the congress, after what he described as a “straitjacket” on both economic and political moves of the …
Biden Administration to Clamp Down on China’s Access to Chip Technology
The White House is set to issue sweeping restrictions on selling semiconductors and chip-making equipment to China, an attempt to curb the country’s access to technologies that can be used in war.