WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that she wants China to move more quickly to support specific debt restructurings for developing countries, especially for …
Monthly Archives For February 2023
Hesai Raises $190 Million in Biggest Chinese U.S. IPO Since 2021
Trade between China and the U.S. has increased, though, despite ongoing political tension. Hesai Group (HSAI), the self-driving car technology company, raised $190 million in a U.S. initial public …
Chinese LiDAR maker Hesai stock jumps 15% after upsized $190M IPO
Chinese LiDAR systems maker Hesai (NASDAQ:HSAI) stock jumped 15% following the company’s upsized $190M US initial public offering on Thursday. Load Error Shares of Hesai opened at $23.75, reaching an …
No new COVID-19 variants have emerged in Beijing during China’s recent outbreak
A genome-study analysis conducted by scientists in China, where the COVID-19 pandemic began more than three years ago, has found that no new variants have appeared since the Chinese lifted their …
Fears Of New Covid Strains From China Go Unfounded
No New COVID Variants From China Since Zero-COVID Policy Lifted Fears that China’s lifting of its zero-COVID policy could result in fresh coronavirus variants seem to have not (yet) materialized. A …
China welcomes Janet Yellen visit but ‘strongly opposes US coercion’, Beijing says
Latest official comments come in the wake of the ‘spy balloon’ debacle that resulted in a cancelled China trip by US Secretary of State Antony Blinken and further frayed diplomatic tensions between Washington and Beijing.
Beijing calls U.S. claims over balloons ‘information warfare’
A Foreign Ministry spokesperson repeated China’s insistence that a large unmanned balloon was a civilian meteorological airship and that the U.S. had “overreacted” by shooting it down.
Beijing’s balloon and practical Asia realities
The purpose of China’s spy balloon soaring over the U.S. remains puzzling — and intriguing. By tangible contrast, there is no denying China has become aggressive in Asia, claiming territories and waters well beyond established…
China, top fentanyl source, blames US for ‘drug culture’ as Americans die from overdoses
China’s Ministry of Foreign Affairs released a report disputing U.S. claims that large amounts of Chinese fentanyl are entering the country.
UK Paid £2.3 Billion to the EU to Settle China Import Fraud Case
The UK government paid £2.3 billion to the European Union to settle a long-standing fraud case relating to imports of Chinese textiles and footwear, saying the payment was necessary to fulfill its …
Column: China crude demand rising, but costly Saudi oil is less desirable
The surprise increase in the price of Saudi Arabian crude oil for March-loading cargoes is being viewed by the market as a bullish signal that Chinese demand is ramping up as the world’s biggest …
US senators push import ban-inspired curbs on China
The bill, which was first introduced before the US midterm elections in November last year, but has been tweaked with updates from the White House and lawmakers, is informed by China’s 2021 …
Dems join GOP in vote to condemn China’s surveillance flight, demand more info from Biden
House Democrats joined with Republicans on Thursday to pass a resolution that condemns China for allowing a surveillance balloon to fly into U.S. airspace last week.
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