An editorial in Chinese state-affiliated media claimed last month that China would use “all measures necessary” to ensure control over Taiwan. In spite of these tensions, and the looming threat of war …
Monthly Archives For November 2022
New hope China may soften on Covid boosts our stocks most tied to world’s No. 2 economy
As always, we take speculation out of China with a grain of salt, but we’re encouraged by news surrounding BioNTech’s mRNA Covid vaccine there.
China Agrees to Approve BioNTech’s Covid-19 Vaccine for Foreigners, German Chancellor Says
SINGAPORE—China agreed to approve BioNTech SE’s Covid-19 vaccines for foreign residents, German Chancellor Olaf Scholz said in Beijing on Friday, in what would mark the first approval of an mRNA …
Buffett’s Berkshire sells more shares in China’s BYD
Warren Buffett’s Berkshire Hathaway has continued trimming its large stake in Chinese automaker BYD, according to a filing listed today with the Hong Kong Stock Exchange. According to Reuters, the …
Former head of China’s second-largest telephone operator arrested on corruption charges
China’s Supreme People’s Procuratorate announced Friday the arrest of Li Guohua, who was once the chairman of the country’s second-largest telephone operator, for corruption as part of President Xi …
China Sends Yet Another Rocket Stage Hurtling Uncontrollably Toward Earth
ET, that a Long March 5B rocket blasted off with the third and final component—the 22-ton Mengtian module (“Dreaming of the Heavens”) measuring 18 m (59 ft.) long, 4.2 m (13.8 ft) wide—completing the …
Tech Industry Squeezed by U.S.-China Rift: “The Music Is Going to Stop”
The tech industry once drove a wider movement to tie the world’s economies together. Now it’s becoming a victim of larger forces that are tearing them apart. Experts say it’s also a cautionary tale …
China’s latest giant rocket debris crash blasted by US and European space chiefs
The 23-ton (21 metric tons) piece of debris resulted from China’s launch of a Long March 5B rocket on Monday (Oct. 31) that carried the Mengtian science module to the nation’s Tia …
Why Is Crypto Down Today? The Factors Behind Crypto Values
The price of bitcoin, ethereum and other cryptocurrencies fell on Oct. 13. For those new to the digital money trading market, the swings in prices can be mystifying. But a few factors between …
Malaysian Consulting Firm VCI Global Proposes $15 Million U.S. IPO
VCI Global Limited filed proposed terms for a $15M US IPO. VCIG provides business & technology consulting services for companies in Malaysia. Read more here.
China’s zero-Covid policy could be coming to an end
CNBC’s Eunice Yoon joins ‘The Exchange’ to give an update on China’s zero-Covid policy … Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock …
US military nuclear chief sounds the alarm about pace of China’s nuclear weapons program
The Commander of US Strategic Command, which oversees the US nuclear weapons program, warned that China is developing nuclear weapons much faster than the US and called the issue a “near-term problem, …
Germany’s Leader Seeks Accord With China on Covid Vaccines
Chancellor Olaf Scholz said during a visit to Beijing that China and the European Union were working toward approval of each other’s pandemic vaccines.