China will provide financial support to logistics and transport sectors, including strengthening capital support on logistics and transport infrastructure and major projects, according to a jointly …
Monthly Archives For February 2023
Top Business Headlines: Crypto Boom, China Sanctions, Nestle Price Hikes
TheStreet’s J.D. Durkin shares today’s major market stories including details on the recent crypto surge, China’s sanctions on U.S. defense manufacturers, and Nestle’s price hikes.
China sanctions American defense contractors for supplying arms to Taiwan
China announced Thursday it would levy sanctions on American defense contractors Lockheed Martin and a Raytheon subsidiary for supplying weapons to Taiwan. The move comes shortly after the United …
Exclusive: SoftBank’s Arm China profit drops over 90% in 2022 -document
Future of Moneycategory Exclusive: Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao, article with gallery One of the sources said the drop in Arm China’s profit …
China says 200 million treated for COVID since November, pandemic ‘decisively’ beaten
China says more than 200 million of its citizens have been treated for COVID-19 since it began lifting strict containment measures in November.
TikTok is facing bans across the U.S. over ties to China, but experts say the real issue is privacy
The social media app TikTok, a platform with over 1 billion users nationwide, is facing bans across the United States because of the app’s strong ties with ByteDance and the Chinese Communist Party.
Ukraine debacle leaves Russia facing future as China’s vassal
China is now poised to supplant the European Union as Russia’s primary economic partner. China is importing Russian hydrocarbons at reduced prices and capturing Russia’s market for strategic …
Biden says three aerial objects US shot down likely not related to China surveillance
President Joe Biden said Thursday the three objects the U.S. shot down in recent days were likely not from China and from private entities.
China sanctions Lockheed Martin, Raytheon Missiles and Defense
The Chinese government will sanction Lockheed Martin and the Missile and Defense subsidiary of Raytheon, adding them to the government’s “unreliable entities” list, the Ministry of Commerce said in a …
February Unleashes Flood of Pint-Sized Chinese IPO Applications
A dozen smaller Chinese companies have filed prospectuses for U.S. IPOs this month, ending a yearlong pause following the resolution of several regulatory issues The largest new application comes from …
Bloomberg: US concerned over China, Iran helping Russia import foreign chips
G7 member states are discussing whether to sanction companies in China, Iran, and North Korea that are providing Russia with parts and technology that have military purposes, …
China says 200 million treated, Covid-19 pandemic ‘decisively’ beaten
The abrupt lifting of the “zero Covid” policy that had sought to eliminate all cases of the virus led to a surge in infections that temporarily overwhelmed hospitals.
Immuno Cure kick off Phase I Clinical Trial in Shenzhen
We are extremely impressed by the professionalism of the National Clinical Research Center at The Third People’s Hospital of Shenzhen. I am optimistic in the outcome of this trial and eager to proceed …