China’s largest trade fair was meant to be a triumphant return for the world’s biggest manufacturing nation after three years of being mostly online. Instead, the mood was downbeat as factories …
Monthly Archives For May 2023
Dem, GOP House Intel leaders: Israel, Jordan, Egypt want ‘stronger’ US role in region as China makes inroads
Israel, Jordan and Egypt want a “stronger” U.S. presence in the Middle East amid looming threats of a nuclear Iran and greater Chinese influence in the region.
Eacop financing swings to China as its firms hog deals
Project is falling behind schedule after many risk-averse banks pulled out of the …
House Intel leaders, on Middle East trip, say countries seek stronger US role to counter China
The leaders of the House Intelligence Committee, who are on a congressional trip to the Middle East, say countries in the region are seeking an increased role for the United States to counter the …
Top intel Democrat warns China and Russia could ‘exploit’ US debt default
Rep. Jim Himes (D-Conn.), the top Democrat on the House Intelligence Committee, warned on Sunday that China and Russia could “exploit” a possible U.S. default, which the Treasury Department warns …
China increases gold reserves in April for 6th consecutive month, tackling global market uncertainties
China increased its gold reserves for the sixth consecutive month in April to 66.76 million ounces (1,893 tons) amid a global financial panic triggered by aggressive US interest rate hikes on top of …
Dependence on American corn imports is decreasing as China diversifies supplier sources: experts
A cargo ship loaded with corn from South Africa recently arrived at the Mayong Port in South China’s Guangdong Province. The pattern of the US as the only major corn supplier for China is changing…
China to Benefit from U.S. Semiconductor Export Controls: Kiplinger Economic Forecasts
Washington wants to limit the use of more advanced tech overseas, which could fuel Beijing’s lower-tech sector …
China gave 190 chip firms US$1.75 billion in subsidies in 2022 as it seeks semiconductor self-sufficiency
China’s largest chip maker, SMIC, was also its biggest subsidy recipient at US$282.1 million, illustrating national priorities amid a protracted tech war Other top recipients include Apple supplier …
US conducted 14 spy missions on China’s satellites in 2 years, claims Chinese study
US spy satellites have allegedly carried out at least 14 close-range observation flights on China’s high-orbit satellites in less than two years, claimed a new study by academics in China’s space …
Why China may be reluctant to get too deeply involved in Sudan peace efforts
Despite long-standing Chinese ties to the North African nation and huge investments, observers see little appetite in Beijing for direct intervention.
Win for crypto as China’s Supreme Court approves its use to settle debts
Despite China’s existing blanket ban on digital assets, the regulation of its cryptocurrency sector continues to evolve with new development.
Covid-19 global health emergency is over after three years: WHO
Covid-19 no longer constitutes a global health emergency, the World Health Organization said, lowering its alert level three years after the novel coronavirus began killing millions of people as it …
