The Biden administration trumpets its efforts to build consensus on China policy through consultation. Recent legislation challenged that.
Monthly Archives For December 2022
China Bans Exports of Its Loongson Chips to Other Countries
In a classic Uno reverse-card scenario, China has banned the export of some of its homemade chips to other countries–specifically CPUs made by Loongson Technology. News of the ban was printed in the …
Taiwan Steps Up Scrutiny of China’s TikTok Over Cybersecurity Concerns
Taiwan has long been wary of allowing Chinese companies to establish a foothold in the island nation. Flouting the enterprise law carries a three-year prison term for business owners as well as a fine of…
Oil prices rise after China’s begins reopening economy
Oil prices regained steam on Monday morning, rising by over $1 a barrel as China begins loosening some of its covid-19 restrictions.
China Telecoms Industry Report 2023-2028: Accelerating 5G Rollout to Shape Sector Moving Forward
The “China Telecoms Industry Report – 2023 – 2028” report has been added to ResearchAndMarkets.com’s offering. This report provides analyses of revenue and market …
Citigroup (C) to Shut Down China Consumer Banking Business
Citigroup (C) is exiting its Chinese consumer banking business. The move, expected to affect nearly 1,200 employees, will have no material impact on its financials.
Citi to wind down China retail presence
The move will affect 1,200 employees, but the cost is not expected to be material, the bank said. Citi now has an exit strategy in place for all but one of the markets mentioned in…
China reports first coronavirus deaths since hardline policy eased
The country is pressing ahead with unwinding years of its zero-COVID policy, with people in one megacity now even told they can go to work if they are visibly ill.
China’s Covid reopening won’t be enough to save oil markets
That would require an improvement in global growth, as well as a change in Chinese domestic conditions. Neither will happen any time soon.
Foundation raises $7M to return ‘sovereignty’ to a chaotic crypto world
Foundation Devices announced it has raised a $7 million seed round to double down on its “sovereign computing platform.” …
Australia’s foreign minister Penny Wong to visit Beijing
Australia’s foreign minister will visit Beijing this week in what is seen as an effort by China to mend tense relations which spilled into a damaging trade war and led Australia to deepen defence ties…
China’s COVID Deaths Go Uncounted Amid ‘Information Blackhole’
China’s official statistics came under intense scrutiny from the general public on Monday after reporting the first COVID -related deaths in over two weeks amid an explosive wave of infections across …
U.S. and China Suddenly Play a Bit Nicer—Except in Chips
China is making some significant concessions to Washington in the trade and financial policy arenas.
