Semiconductor chips are often compared to the beating heart driving technology innovation. But with the United States restricting exports of critical semiconductor components and technology to China, …
Monthly Archives For February 2023
Exclusive-SoftBank’s Arm China lays off workers as outlook grim -sources
By Jane Lanhee Lee, Josh Horwitz and Stephen Nellis OAKLAND, Calif/SHANGHAI (Reuters) -SoftBank Group Corp’s chip technology firm Arm Ltd’s China joint venture laid off 90-95 employees last week to cope with a challenging business…
China’s disgruntled homeowners drive ‘wave of early repayment’ on mortgages, threatening Beijing’s consumption drive
The People’s Bank of China cut the five-year loan prime rate (LPR), a reference … chief researcher at Merchants Union Consumer Finance. He added that effective measures will help discourage …
China factor looms large in oil
The age-old mystery of China deepens as the nation with 1.5 billion people relaxes its COVID-19 restrictions, re-enters the global economy and cranks up its imports of oil and natural gas. Economist …
Combating Beijing’s Multifaceted Economic Coercion Strategy Against Taiwan
While the banning of these goods may appear random at first glance, Beijing targeted these specific imports because of their reliance on China as the main overseas market for export. Before the bans …
China spy craft, ‘high altitude object’ should be a ‘wake up call’ to rebuild US Air Force: Lt. Gen. David Deptula
Ret. U.S. Air Force Lt. Gen. David Deptula responds to reports from the Department of Defense on the downing of a ‘high-altitude object’ over Alaska on ‘Cavuto Live.’ …
China mocks Biden for knocking down balloons with fighter jets: ‘Hysterical,’ ‘laughably juvenile’
China’s state-owned news outlets mocked President Biden for taking out what it claims are civilian research balloons with fighter jets, and blamed partisan bickering for the shootdown.
China tightens import quality control: business association
Last year Vietnam exported various products totaling more than US$53 billion to the world market, including over $14 billion to China, which spent over $260 billion importing goods from many countries …
Sen. Tim Kaine says ‘ill-timed’ spy balloon was ‘incompetent’ move by China
Sen. Tim Kaine (D-Va.) said China’s “ill-timed” spy balloon that traveled across the United States before being shot down last week was an “incompetent” move by Beijing. “It was an ill-conceived and ill-timed and incompetent…
Spy craft debacle was ‘ill-conceived’, ‘ill-timed,’ ‘incompetent’ move by China: Sen. Tim Kaine
Vir., discusses the ‘high-altitude object’ shot down by U.S. officials and weighs in on U.S.-China relations after the Commerce Department adds six Chinese companies to the trade blacklist.
China publishes rules on risk classification of banks’ financial assets
China’s central bank and its banking and insurance regulator published rules on on Saturday regarding the risk classification of banks’ financial assets, to help accurately assess credit risks and …
China January new bank loans hit record 4.9 trln yuan, beat forecasts
Chinese banks extended a record 4.9 trillion yuan ($720.72 billion) in new yuan loans in January, up sharply from December and exceeding analysts’ expectations as the central bank moves to revive …
IPOs ride stock-market surge with debuts from Nextracker, Hesai Group and others
Nextracker’s initial public offering raises $638 million, as the IPO market shows signs of life after a strong start to the stock market in 2023.
