The Commerce Department’s Oct. 7 export controls aim to restrict China’s access to advanced semiconductors, supercomputers, and semiconductor manufacturing equipment to prevent the Chinese government …
Monthly Archives For November 2022
FTX customers in mainland China make up 8 per cent of total, a court filing shows, defying Beijing’s crypto ban
A filing for the first day of FTX’s bankruptcy hearing shows a breakdown of its customer base, with 22 per cent in the Cayman Islands The customer base in mainland China is larger than in…
Nickel IPO puts Jakarta at centre of China EV boom
A Hong Kong stock market debut puts Jakarta at the centre of China’s electric-car boom. Lygend Resources & Technology , a Chinese nickel trader, is looking to raise up to $594 million in an initial…
Fauci says U.S. will not see a repeat of last winter’s COVID wave — but surging infections in China have experts fearing it has ‘passed the point of no return’ without …
Fauci says the U.S. will not see a repeat of last winter’s COVID wave — but surging infections in China leave experts fearing for the viability of its zero COVID policy.
Video shows violent scenes around Foxconn plant in China
Video shared on Chinese social media on Wednesday showed scenes of violence purported to have occurred near and around the Foxconn industrial campus in Zhengzhou, China.
U.S. Rebukes China For ‘Intimidation and Coercion’ in South China Sea
Harris spoke from the deck of Philippine Coast Guard ship BRP Teresa Magbanua in Puerto Princesa, the port capital of Palawan province, roughly 300 miles from the site of a fresh spat between the Philippine…
China will use timely RRR cuts to keep liquidity ample -state media cites cabinet
BEIJING, Nov 23 (Reuters) – China will use timely cuts in banks’ reserve requirement ratio (RRR), alongside other monetary policy tools, to keep liquidity reasonably ample, state media on Wednesday quoted a cabinet meeting as…
China Mobile and ZTE Pilot Cloud SPN Computing-Network Convergence
In September 2022, China Mobile and ZTE jointly completed the world’s first pilot project of the Cloud SPN computing-network convergence solution in Changzhou, Jiangsu. This innovative solution is …
China Tech Earnings Beat Fuels Upswing Optimism
China’s beleaguered technology sector may have finally turned the corner, if earnings from top firms are anything to go by.
China Big tech faces tougher penalties for unfair pricing under revised antitrust law
The revised draft emphasises new rules for the digital economy, including a ban on using data, algorithms, technology and platform rules to facilitate unfair competition Chinese regulators have been …
New York Governor Hochul Signs Moratorium to Curb Crypto Mining
(Bloomberg) — New York Governor Kathy Hochul has signed one of the most restrictive laws in the US on regulating cryptocurrency mining, becoming the first state to impose such a ban.
China expands COVID-19 measures as iPhone factory unrest adds to economy worries
Chinese cities imposed more curbs on Wednesday to rein in rising coronavirus cases, adding to investor worries about the economy, as fresh unrest at the world’s largest iPhone plant highlighted the social and industrial toll…
How China, the world’s top climate polluter, avoids paying for the damage
The debate over what China owes to countries that are least responsible for global warming — but most harmed by its effects — has dramatically intensified in the wake of the recent U.N. Climate Change…
