Kia is planning to offer six electric models by 2027 in China as the South Korean carmaker aims to renew its success in the world’s largest vehicle market. The carmaker announced the plan on Monday…
Monthly Archives For March 2023
US calls Tsai transit ‘nothing new’, urges China to not react aggressively
Expected U.S. stopovers in coming weeks by Taiwan President Tsai Ing-wen are standard practice and China should not use them as a pretext for aggressive action toward the democratically governed island,
China Wants to Crack Down on Drug Abuse. Trans People Feel Forced Further Underground
A new law regulating the online sale of certain drugs, including hormones, threatens to sever a lifeline for China’s transgender community …
China Gives Chipmakers Easier Subsidy Access to Help Guide Industry Recovery – FT
Chipmakers such as Semiconductor Manufacturing International (SMIC), Hua Hong Semiconductor and Huawei, as well as equipment suppliers like Naura and Advanced Micro-Fabrication Eq …
China’s Xi visits ‘friendly neighbor’ in Moscow; Russia cites ‘monstrous consequences’ of Putin arrest warrant: Ukraine live updates
Chinese leader Xi Jinping ‘s visit comes as Putin faces pressure from sanctions and from an arrest warrant by the International Criminal Court.
China gives chipmakers new powers to guide industry recovery
Under US pressure, Beijing is changing strategy and relying on a select group of companies to shape its domestic sector …
Honduran official: US govt ‘respects’ decision to seek China relations
The U.S. government said it “respects” Honduras’ decision to move towards establishing formal diplomatic ties with China, the Honduran Foreign Minister Enrique Reina said on Monday after a meeting …
Vanguard Plans to Shutter Business in China, Exit Ant JV
Vanguard Group Inc., the US asset management giant, has decided to shutter its remaining business in China after a retreat two years ago, according to people familiar with the matter, abandoning a 27 …
China’s Russian Energy Imports Balloon to $88 Billion Since War
In the year since Russia invaded Ukraine, roiling energy markets across the globe, China’s appetite for Moscow’s oil, gas and coal has grown apace, with imports rising by more than half.
Beijing still seeking answers a year after China Eastern plane crash
China’s aviation regulator said on Monday that investigators were still looking into the cause of the crash of China Eastern Airlines Flight MU5735, almost a year after the plane came down, killing all 132 people…
Fed should take a leaf out of China’s normal monetary policy
China’s holdings of United States Treasuries fell to $859.4 billion from $867.1 billion in December, the sixth consecutive month of decline and its lowest level since the global financial crisis.
Funding Stress Roars Back in China Before RRR Cut Takes Effect
Signs of a cash squeeze are reappearing in China days before a reduction in the reserve requirement … the central pumped in 1 trillion yuan ($145 billion) of funds into the financial system over …
COVID-19 Origins: Why State Department’s Testimony to Congress Is Crucial to Finding Answers
More details on the Chinese origins of COVID-19 are coming soon as a House select committee continues its investigation.