Beijing-based real estate developer Sunac China Holdings Ltd. warned investors that it expects a second consecutive year of multi billion-yuan losses. This underscores the plight of China’s builders.
Monthly Archives For March 2023
China’s Huawei makes breakthrough in design tools for 14nm chips and above – media
Huawei Technologies Co Ltd has made breakthroughs in electronic design automation (EDA) tools for chips produced at and above 14-nanometre technology, Caijing financial news magazine reported on …
UPDATE 2-U.S. due diligence firm Mintz Group says Beijing office raided, staff detained
WASHINGTON, March 23 (Reuters) – U.S. corporate due diligence firm Mintz Group said on Thursday its Beijing office was raided by authorities and that five Chinese staff have been detained. “We can …
Spain’s prime minister plans to visit Beijing for talks with Xi Jinping on China’s peace framework.
China has been trying to build support for its proposal to start peace talks, but Ukraine’s allies hold that its call for an immediate cease-fire would only help Russia consolidate territorial gains.
China-Russia trade surge lifts yuan use, but Russians would ‘give right arm’ for US dollars
China’s total exports to Russia grew to US$76.12 billion in 2022, representing an increase of over 12 per cent compared to a year earlier Russia’s economy has been hit by Western sanctions as a result…
This dissident uses Chinese-owned TikTok to criticize China’s government
Kim Wong’s TikTok videos highlight the complicated reality of the push to ban one of the United States’ most popular apps.
China’s billionaire population drops: super-rich suffer as stock losses, yuan depreciation knock 229 off Hurun Global Rich List
the chairman of Shanghai-based financial services group Ye Lang Capital. “But China’s vast market size and its exit from the zero-Covid strategy will continue to spawn more high-net-worth individuals …
China must boost battered valuations of SEOs, says Shanghai Stock Exchange general manager in proposal to ‘two sessions’
The undervaluation of state-owned enterprises risks eroding their ability to raise funds via the markets, says Cai Jianchun His bill urges the finance ministry and the securities regulator to help …
The Brands Fraudsters Love To Copy, from Cartier to Yeezy
The definitive denim brand is no stranger to being imitated by fraudsters. Classic 501s and 550s are the most pirated styles, especially valuable vintage pre-1970 Big E 501s. Pictures are fake Levi’s …
House China panel turns focus to plight of Uyghurs
Two women who experienced life in Chinese “reeducation” camps for Uyghurs told lawmakers Thursday of lives under imprisonment and surveillance, rape and torture as a special House committee focused on countering China shined a light…
The Cold War With China Is Changing Everything
These choke points represent an intolerable situation for China. If the West can block off China’s access to cutting-edge technology, then it can block off China. So China’s intention is to approach …
TikTok CEO faces bipartisan grilling over privacy, China ties and teens
The White House has already supported a bipartisan bill in the Senate that would give the Commerce secretary broad new powers, including to ban technology from adversary countries such as China and …
Live blog: Lawmakers say TikTok ‘beholden’ to Beijing as CEO Shou Chew testifies before Congress
TikTok CEO Shou Chew will appear before the House Commerce Committee on March 23 for what is expected to be an explosive hearing about the app’s future.
