China has lent hundreds of billions of dollars to build infrastructure in developing countries, but lending has tailed off since 2016 as many projects have failed to pay the expected financial …
Monthly Archives For March 2023
China’s Hongli Group stock falls 13% after downsized $8M US IPO
China’s Hongli Group (NASDAQ:HLP … For more on Hongli, check out Donovan Jones’s “Hongli Group Aims for $25M US IPO.” …
Oklahoma GOP senator sounds alarm over China’s farmland purchases: US must ‘pay attention’
“The second thing that we’ve got to do is deal with economic issues. Every corporation in America needs to look at the business that it’s doing currently with China. If their supply chain comes from…
China’s economic coercion: Jujitsu required
In 2020, after Canberra called for an investigation into the origin of COVID-19, China restricted imports of Australian wine, beef, and other commodities. As China has grown economically, so too has …
Coronavirus: those in high-risk group should still get extra Covid jabs, Hong Kong experts say after WHO revises recommendations
Those not in high-risk group can consider getting one more Covid-19 shot ‘based on personal choice’, Hong Kong experts say World Health Organization no longer recommends an extra booster dose for …
Taiwan’s President Heads to the U.S., Bracing for China’s Retaliation
Her travels, especially the planned meeting with Mr. McCarthy, could draw a vehement response from China. China’s leader, Xi Jinping, sees the United States’ support for Taiwan as meddling in a domestic issue. Beijing has…
To catch foreign investors, China casts mega projects with great potential in uncertain times
Beijing again put on the charm this week to reassure businesspeople and lure overseas capital amid a trend of multinationals diversifying away from China Apple CEO Tim Cook’s meeting with chairman of China’s top economic-planning…
China panel chair sees ‘underappreciated’ continuity between Trump, Biden administrations on Beijing
Gallagher praised the Biden administration on its recent basing agreements in Japan and the Philippines, as well as its export controls restricting China’s ability to purchase or produce advanced …
China’s strong economic recovery shores up multinationals’ confidence: KPMG China VP
Multinationals investing in China are gaining more confidence as the country further unleashes its economic and social vitality, said Ricky Wong, vice-president of KPMG China. “China’s economy will see a strong rebound in 2023,
Blinken Hints China Peace Plan for Ukraine Is ‘Cynical Trap’
The top diplomats of Ukraine and the United States on Tuesday jointly cautioned against giving any weight to alternate peace plans that seek a cease-fire without the full withdrawal of invading Russian forces,
TikTok parent ByteDance has special stock owned by China’s government. Here’s how ‘golden shares’ give Beijing influence over the social-media giant.
But according to the Wall Street Journal, the government’s purchase of the golden shares was partly intended to give Beijing a say in what happens … unless it goes through with an IPO or gets…
Expect multiple IPOs after Alibaba splits into six units in major overhaul of e-commerce giant, CEO Daniel Zhang says
Shares of Alibaba, owner of the South China Morning Post, surged in New York and Hong Kong after the plan was announced on Tuesday. Do you have questions about the biggest topics and trends from…
China back in business, but foreign SMEs and startups fearful of returning
China wants the world to know its economy is open for business again, but foreign startups and smaller companies have a growing list of reasons the giant consumer market is losing its allure. A sense…
