China’s Finance Ministry has suspended the operations of Deloitte’s Beijing office for three months, citing “serious audit deficiencies” in the firm’s work with a big state-owned asset manager. The …
Monthly Archives For March 2023
Manufacturers Move Back to China as Renewal of U.S. Trade Deal Is Delayed
SINGAPORE—Adam and Amy Fazackerley shifted production of their drawstring organizers for cosmetics and travel to Cambodia from China in 2019 in response to U.S. tariffs aimed at curbing Chinese …
General Motors’ China business is hurting, and it’s not just because of Covid
However, the company has not offered much assurance on how to reverse the trend other than the promise of new EVs and a new business unit called The Durant Guild that will import pricy vehicles…
England to end pre-departure COVID test rule for arrivals from China
LONDON, March 17 (Reuters) – The British government said it would end the requirement for people flying from mainland China to England to provide proof of a negative pre-departure COVID-19 test from …
Fri. 9:03 a.m.: China’s Xi to meet Putin as Beijing seeks bolder global role
China has refused to condemn Moscow’s aggression and sought to project itself as neutral in the conflict even while Beijing declared last year that it had a “no-limits” friendship with Russia. Both …
The Download: China’s version of ChatGPT, and protecting our brain data
Plus: China isn’t likely to get onboard with a forced TikTok sale This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of…
China appeals for fair treatment after latest TikTok bans
TikTok is one focus of conflicts between China and other governments over technology and security that are disrupting processor chip, smartphone and other industries. Legislators and employees in New …
China science, technology news summary — March 17
China plans to establish a basic model for a lunar research … A research team from Tsinghua University has made a breakthrough in autonomous driving, developing a technology that allows vehicles to …
China launches second classified Gaofen-13 remote sensing satellite
The launch successfully sent the Gaofen-13 (02) satellite into geosynchronous transfer orbit, the China Aerospace Science and Technology Corp. (CASC), announced. The payload was only revealed after …
Japan-South Korea Thaw Underscores Shared Economic Pain Over China
China is the biggest export destination for both Japan and South Korea and has provided a major source of income for the region to ride out economic slumps for years.
China Imports 87,800 mt of Nickel Hydrometallurgy Intermediate Products in Dec 2022
According to customs data, China imported 87,800 mt of nickel hydrometallurgy intermediate products in December 2022, down 13% from the previous month. The total metal content stood at 17,700 mt, down …
China drops travel bans for business and tourist visas
CNBC’s Eunice Yoon joins ‘Squawk Box’ to report on China reopening travel restrictions to allow business and tourist travel, efforts in China to attract foreign investment, and the impact of reopening …
The outlandish life of Guo Wengui, once one of China’s richest men and Steve Bannon confidant whom the DOJ accuses of a billion-dollar fraud
His fortune was estimated at $1.1 billion in 2015. Forbes said Guo’s wealth was linked his real estate investments, and his control of a business that owned a stake in China’s Founder Securities.
