US acts of technological bullying are self-serving, unfair and non-compliant with global trade rules, which destabilize global production and supply chains and will backfire, Chinese Foreign Ministry …
Monthly Archives For May 2023
China complains about the CHIPS Act, again: claims double standards and Cold War mentality by the US
A Chinese representative bemoaned the act and the US’ recent moves to further tighten restrictions on semiconductor-related exports to China at this week’s World Trade Organization’s Committee on …
Shenzhen approves street stall retail, in further boost for consumption
Shenzhen, in South China’s Guangdong Province, will allow street booth businesses in urban areas based on residents’ demand and relevant regulations, in order to unlock the potential of civil …
China’s holiday home sales fall sharply against pre-COVID level – survey
China’s average daily home sales by floor area were down 22% compared with the May Day holiday period before COVID-19, as demand remains subdued in small and medium-sized cities, a private survey …
China’s Top Financial Data Provider Restricts Offshore Access Due to New Rules-Sources
China’s Top Financial Data Provider Restricts Offshore Access Due to New Rules-Sources By Julie Zhu and Xie Yu HONG KONG (Reuters) – China’s biggest financial data provider Wind Information Co told …
Biden Wants 30% Crypto Mining Tax, But Can It Work?
Among countries, China banned crypto mining in 2021. “To ensure that crypto mining is not simply pushed from one local community to another, a national policy is needed,” the CEA said.
Alibaba’s global online commerce arm weighs US IPO – Bloomberg News
there is no IPO plan”. In March, Alibaba said it was planning to split into six units and explore fundraisings or listings for most of them, in a major revamp as China vows to ease…
Biden’s crypto mining tax simply wouldn’t work in the UK… or the US, for that matter
China failed to do so, despite employing draconian measures … probably.” The post Biden’s crypto mining tax simply wouldn’t work in the UK… or the US, for that matter appeared first on CityAM.
Alibaba’s Global Online Commerce Arm Weighs a US IPO
or IDCG — attract global investors wary of putting money directly into China. Alibaba in March unveiled plans to break up its empire into units such as e-commerce, logistics and the cloud, with each …
China’s factory activity dipped in April on weak demand as bumpy post-Covid economic recovery continues
China’s Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 49.5 last month, down from 50 in March, data released on Tuesday showed.
China approves safety of first gene-edited crop
China has approved the safety of a gene-edited soybean, its first approval of the technology in a crop, as the country increasingly looks to science to boost food production. The soybean, developed by …
Singapore-based funds are baffled by China’s economy-market disconnect amid recovery doubts, Bank of America says
Singapore investors are as worried as their peers in Europe and Hong Kong about the strength of China’s economic recovery, as the combination of strong post-reopening economic data and sluggish …
China’s local-debt crisis is about to get nasty
An investment manager says the debt-heavy growth model of the past two decades has been unable to buy prosperity in China’s poorest regions—and will inevitably lead to crises in such places. Guizhou …
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