Asia shares mostly slipped on Tuesday ahead of Beijing’s expected release of weak fourth-quarter economic data, although investor sentiment about China’s rebound remained positive even as the global …
Monthly Archives For January 2023
Industrial espionage: How China sneaks out America’s technology secrets
In November Chinese national Xu Yanjun, said to be a career spy, was sentenced to 20 years in prison for plotting to steal trade secrets from several US aviation and aerospace companies – including GE…
China’s carmakers outstrip foreign brands in its electric vehicle boom
China’s booming electric vehicle industry is forecast to further cement its global dominance this year, shrugging off US and European efforts to catch up and posing a threat to …
Pfizer’s COVID-19 drug Paxlovid in short supply in China
Pfizer’s Paxlovid drug, which has been found effective in treating COVID-19, is in short supply in China. Chinese authorities acknowledged that the drug is in short supply.
China bad-debt firms plan property support of up to $31 billion
Measures are being stifled by large-scale coronavirus outbreaks after Beijing suddenly abandoned its Covid Zero policy. Read more at straitstimes.com.
China’s economy set to slow sharply in Q4, policymakers face post-pandemic test
China’s economy is expected to have slowed sharply in the fourth quarter due to stringent COVID curbs, dragging down 2022 growth to one of its worst in nearly half a century and raising pressure on…
As Russia’s only aircraft carrier falls apart, some Russians want to undo a shady ship deal with China 25 years ago
Chinese aircraft carrier Liaoning began life as a Soviet warship. Now a Russian lawmaker thinks it could be of use to Moscow again.
The greatest challenge facing China’s chip drive? It’s neither funding nor talent, but resource allocation
China can plug the talent gap by revving up its universities and use its powerful state apparatus to pool semiconductor funding But getting the resources channelled to the right companies and minds is …
China’s Overwhelming Debt Burden Points To Still Deeper Problems
Such measures may offer temporary relief, but they cannot address China’s deeper economic troubles and their reflection in financial markets. The size of China’s debt problem is truly staggering. At …
Blinken to test limits of China’s diplomatic engagement on Feb. 5-6 Beijing trip
The secretary of State’s agenda is likely to include the war in Ukraine, Beijing’s growing nuclear arsenal, stalled counternarcotics cooperation and U.S. citizens held in China.
Dutch Trade Minister: Won’t Summarily Agree to U.S. Rules on China Exports
The top Dutch trade official said the Netherlands will not summarily accept new U.S. restrictions on exporting chip-making technology to China, and is consulting with European and Asian allies. Trade Minister Liesje Schreinemacher spoke on…
Florida real estate bombshell could destroy a lot of wallets
Will Florida’s newly-passed condo reserves law help save lives or bring pain to homeowners’ wallets? Market experts Joe Pinion and Mitch Roschelle weigh in.
Janet Yellen to meet Chinese finance minister in Zurich this week
US Treasury secretary Janet Yellen will meet her Chinese counterpart Liu He in Zurich this week, in a surprise move that signals Washington and Beijing’s commitment to improving ties between the two …
