The extent to which the region’s governments are willing to engage with Chinese firms, and the risks they perceive in doing so, vary widely.
Monthly Archives For May 2023
China’s undersea cable plan targets US and British intelligence
Chinese plans to rival a US-backed submarine cable with a parallel setup that feeds into Beijing could have significant consequences for global security, intelligence gathering and the internet itself …
China and Russia are closer than ever. So why is Ukraine relying on Chinese tech firms?
It will be difficult for Western partners to share critical technologies with the Chinese-tied platforms that Ukraine currently uses.
China Export Growth Slows, Imports Plunge as Recovery Wanes
China’s export growth slowed in April while imports plummeted, adding to pressures on an economic recovery that’s already been called into question.
Supply Chain Firm Plans $17 Million IPO
Majestic Ideal Holdings operates as a one-stop shop for fashion wholesalers and e-tailers sourcing yarn, textiles and finished garments.
NIH restarts bat virus research grant that funded Wuhan lab, coronavirus testing
The National Institutes of Health are once again funding research into bat viruses, three years after suspending the grant amid the COVID-19 pandemic.
LinkedIn lays off 716 employees, kills China jobs app
The company has operated in China since 2014 but will focus on its Learning, Marketing, and Talent businesses, CEO Ryan Roslansky said in a memo to employees.
China consultancy crackdown sends jitters across foreign business
The scrutiny of consultancies including Capvision Partners, which saw its offices raided Tuesday, is the latest step in a yearslong campaign to tighten control of information.
StanChart to hire 100 staff for new China investment banking unit
Standard Chartered is hiring at least 100 staff in China as the British lender gears up to launch an investment banking unit in the country targeting niche bond deals, the chairman-designate of the …
Seoul Sees US Extending China Export Waivers for its Chipmakers
South Korea expects Washington to extend a waiver on the shipment of advanced chipmaking equipment to China, allowing SK Hynix Inc. and Samsung Electronics Co. to get the gear they need to maintain …
China’s shrinking imports, slower exports growth darken the economic outlook
China’s economy grew faster than expected in the first quarter thanks to robust services consumption, but factory output has lagged and the latest trade numbers point to a long road to regaining the …
China raids another global business consultancy, cites spying concerns
Capvision offices in four Chinese cities were raided by spy agencies and regulators. Experts say the crackdown is the result of worsening U.S.-China relations.
China made its first public arrest for misusing ChatGPT after a man generated fake news about a train crash that killed nine
The suspect is being held under suspicions of “picking quarrels and provoking trouble” a charge that carries a maximum prison sentence of 10 years.
