The US Federal Communications Commission says new equipment from China’s Huawei and ZTE pose “an unacceptable risk” to US national security, amid fears the technology could be used to surveil …
Monthly Archives For November 2022
Of debt and bondage with Beijing
Recently released details of Kenya’s 2014 loan agreement with China to finance a controversial railway project have once again highlighted the predatory nature of Chinese lending in developing …
New York Bans Some Crypto-Mining Operations for Two Years
New York became the first state to impose a temporary moratorium on new cryptocurrency mining permits at fossil fuel plants, in an effort to address …
China’s food delivery giant Meituan set to display business resilience in third quarter despite divestment by Tencent
Chinese on-demand services giant Meituan is expected to maintain sales growth in the September quarter when it reports financial results on Friday, analysts said, as the company’s business …
China reports third consecutive daily record for new COVID-19 cases
Mega-cities continue to struggle to contain outbreaks, with the southern Chinese city of Guangzhou and southwestern Chongqing recording the bulk of new cases …
China’s Shenzhen Energy signs long-term LNG contract with BP
China’s Shenzhen Energy Group has signed a long-term agreement with oil major BP to buy liquefied natural gas (LNG), aiming to lock in supplies with gas-fired power generation poised to surge in the …
Taiwan votes in local elections billed as message for China and the world
Polls opened in Taiwan on Saturday in local elections that President Tsai Ing-wen has framed as being about sending a message to the world about the island’s determination to defend its democracy in …
China reports third consecutive daily record for new COVID cases
China reported 35,183 new COVID-19 infections on Nov. 25, of which 3,474 were symptomatic and 31,709 were asymptomatic, the National Health Commission said on Saturday, setting a new high for the …
Apple has a huge problem with its supplier’s iPhone factory in China
A violent workers’ revolt at the world’s largest iPhone factory this week in central China is further scrambling Apple’s strained supply and highlighting how the country’s stringent zero-Covid policy …
U.S. Companies In China Worried Covid Surge Will Damage Prospects After Upbeat G20 Meeting
China’s becoming a less attractive investment destination,” says American Chamber of Commerce in Shanghai Chairman Sean Stein …
Apple iPhones in short supply on Black Friday as China’s COVID-19 lockdown disrupts manufacturing, report says
Analyst Dan Ives warned iPhone 14 Pro shortages have gotten much worse over the last week with very low inventories on Friday.
EMERGING MARKETS-Stocks slip on growth concerns; China’s yuan slips as key rate eased
Emerging market stocks fell on Friday on mounting worries about economic growth, while China’s yuan hit session lows after the central bank cut a key rate, freeing up about $70 billion for banks as it…
Protests break out in China against COVID-19 lockdowns after deadly fire kills 10
Protests broke out in Xinjiang, China, over the country’s draconian lockdown measures after they contributed to a deadly fire that killed 10.
