Mounting debt at local levels across China back in the spotlight after 20-year rollover raises concerns about how far banking sector has to go in handling the blow from cash-strapped firms that cannot …
Monthly Archives For January 2023
Path to China chips ban goes through Korea, says US ambassador
The U.S. is in discussions with Japan, the Netherlands and South Korea to restrict semiconductor exports to China, and it needs all parties to agree on a deal, U.S. Ambassador to Japan Rahm Emanuel …
If we’re serious about protecting American oil, China is only the beginning
Though we’re now in a new year, we continue to face the same global challenges we did in 2022. As Russia continues its war in Ukraine, North Korea steps up its provocations of the West,…
iPhone exports from India double to surpass $2.5 billion
Apple exported more than $2.5 billion of iPhones from India from April to December, nearly twice the previous fiscal year’s total, underscoring how the U.S. tech giant is accelerating a shift from …
Tesla’s Delivery Wait Times Go Up, China Wants To Secure License For Generic Version Of Pfizer’s Paxlovid, India-Made iPhone Exports Surpass $2.5B: Today’s Top Stories
Bloomberg Apple’s India-Made iPhone Exports Surpass $2.5B In 9 Months — Nearly Twice Previous Fiscal Year’s Total Apple Inc (NASDAQ: AAPL) exported more than $2.5 billion worth of iPhones from India …
Alibaba Stock Gains As Jack Ma Cedes Ant Control, Beijing Eases Crackdown
We’ll encourage (tech platforms) to come out strong in leading economic growth, creating more jobs, and competing globally,” said CCP secretary Guo Shuqing.
How political and economic pressure led to Beijing’s abrupt U-turn on zero-Covid
Xi acknowledged frustrations about pandemic-control policies at meeting in December; Sources say leading cadres in major economic powerhouses reported dire situations; After three …
China implements new rules to regulate ‘deepfakes’ and AI art
China will be passing new rules to restrict the availability of artificial intelligence-powered image and text generators, the first attempt by a national agency to curtail the popular technology.
China’s First Mission to Mars Seems to Be Struggling
China’s Zhurong rover went into hibernation mode in May 2022 to avoid the harsh winter season on Mars, but communication issues, both with the rover and orbiter, suggest something’s now very wrong with the mission.
China’s navy is showing off a huge new ship designed to carry other warships around
In the past two decades China has built a major semi-submersible heavy-lift fleet. It has a number of vessels with a loading capacity between 30,000 and 60,000 tonnes. In 2016, the Chinese firm COSCO Shipping…
An oil expert breaks down China’s role in crude markets as a key Russian fuel sinks far below the $60-a-barrel price cap
In an interview with Insider, oil historian and Yale postdoctoral fellow Gregory Brew explains the current dynamics of global crude flows.
How the ‘Kimchi premium’ on crypto affects overseas remittances
The “Kimchi premium” is a term used to refer to the gap between the price of bitcoins in South Korean versus Western exchanges. This difference, which was first observed in 2016, is caused due to…
Here’s What Investing Experts Are Watching in 2023, From Inflation to China’s Economic Reopening
And it comes after a wild ride for those watching the markets. After starting 2022 near an all-time high, the S&P 500 ended the year down 19.4% — the stock market’s worst annual performance since…
