With dozens of African leaders descending on Washington this week, the Biden administration is offering a not-so-subtle pitch in its economic competition with China on the continent: The U.S. offers a …
Monthly Archives For December 2022
China Rejects Africa ‘Debt Trap’ Claim Ahead of U.S.-Africa Summit
China’s ambassador to the United States Qin Gang on Monday rejected charges that Beijing had mired African countries in debt during a forum ahead of a U.S.-Africa summit, citing a report that African …
China’s reopening is going to be a gas guzzler. S&P sees it sucking up 3.3 million barrels of oil a day
Weak energy demand from China has helped Europe survive an energy crisis, but a resurgent economy means the continent’s “key safety valve” is gone.
‘Too old to work in China:’ 50-yr-old flight attendant learns new languages to land foreign airline job
A Chinese flight attendant is being lauded online for working hard to improve herself and securing a job at an international airline at age 50. The woman, surnamed Hu, lost her previous job at …
Thank China for plunging gasoline prices
The single-biggest reason for falling oil and gas prices is China’s baffling COVID lockdowns. China is the world’s largest energy consumer and second-largest consumer of oil, and widespread COVID …
Beijing’s U.S. envoy expects further COVID relaxation, easier travel to China
China’s ambassador to the United States on Monday said he believes China’s COVID-19 measures will be further relaxed in the near future and international travel to the country will become easier.
China Is Setting the Standard for Deepfake Regulation, for Better or Worse
New rules set to take effect on January 10 will require individuals to obtain a person’s consent before using tech to edit their voice or image.
What to Know about Zeekr, the Chinese EV Brand Aiming for a U.S. IPO
Owned by Chinese juggernaut Geely—which also controls Volvo, Polestar, and Lotus—Zeekr plans to go public in the United States in 2023, according to Reuters.
Your Tuesday Briefing: China’s Space Push
Plus China’s vaccination pivot and the year’s most stylish “people.” Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. By Amelia…
China starts WTO dispute against U.S. chip export curbs
China has launched a trade dispute at the World Trade Organization against the United States over its chip export control measures, China’s commerce ministry said. The United States passed a sweeping …
Funds load up on exposure Down Under as China boost awaits
Australia’s stockmarket is pulling in a growing slice of global investors’ funds, as the prospect of big dividends, relatively defensive performance and exposure to China’s reopening attracts cash …
Ether dips, and China arrests gang for allegedly laundering $1.7 billion via crypto: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and …
COVID cases surge in China following relaxed restrictions
Last week following widespread protests against the government’s strict zero COVID policies, authorities decided to loosen some of the severe restrictions under the policy after two years. Beijing declared that people who tested positive for…