The Asian nation has built world-class refining and electric-vehicle capabilities. Canada can keep Chinese investment dollars without losing control of critical minerals.
Monthly Archives For November 2022
Sec. Raimondo doubles down on Biden’s plan to restrict semiconductor chip exports to China
Cramer spoke with Commerce Secretary Gina Raimondo on Thursday. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this…
‘An Empty Shell of What It Used to Be’: Asia’s Gambling Mecca Gets a China-Backed Makeover
In the gambling capital of the world, many tables today sit empty, with entire sections of some casinos completely closed off due to lack of business. This transformation has upended the lives of …
As China’s COVID-19 nightmare balloons, Xi digs in
While there’s optimism that China’s leaders will eventually find a way out of a war where containment is the weapon of choice, with every new lockdown that hope is tested.
China Unveils World’s First Commercial Offshore Wind-Plus-Solar Project
A pilot project in the waters off China, featuring two floating solar power arrays connected to a transformer on a moored offshore wind turbine, will test …
China’s Lockdowns Meant 70% Profit Margins for Shanghai Food Distributor
A Shanghai food distributor seeking to list in Hong Kong has come under scrutiny for its ability to profit off China’s Covid lockdowns, after a listing prospectus touted how earnings margins soared as …
As China’s COVID-19 pricetag balloons, Xi digs in
While there’s optimism that China’s leaders will eventually find a way out of a war where containment is the weapon of choice, with every new lockdown that hope is tested.
California coronavirus updates: Afraid of needles? China is using inhalable COVID-19 vaccine
The Chinese city of Shanghai has started administering an inhalable COVID-19 vaccine in what appears to be a world first, according to the Associated Press.
US Customs finds dangerous invasive species on board ship from China
A sea vessel that had originated in China was found to contain Asian gypsy moth (AGM) egg masses during an inspection at a port in Louisana recently.
Louis Vuitton debuts first China restaurant in Chengdu as luxury brands target spending power in lower-tier cities
Luxury brands are putting more effort into so-called new first-tier cities, where housing prices aren’t as high and consumers have more disposable income, an analyst says …
China Bank netted P 14.7B in first 9 months
China Banking Corp. booked higher profits in the first nine months of the year as its core lending business remained resilient despite looming concerns over an economic slowdown. China …
Fed ends enforcement action against one of China’s Big Four banks
The central bank terminated a cease-and-desist order issued against the Agricultural Bank of China and its New York branch in 2016 for breaking anti-money-laundering rules.
Biden must oppose pro-China candidate to run international bank, Gallagher says
A leading Republican China hawk is calling on the Biden administration to oppose the candidacy of a Beijing-friendly candidate to lead the Inter-American Development Bank amid the Chinese government’s …