US lawmakers have reportedly asked the SEC to halt Shien’s proposed US IPO over concerns that it has been using Uyghur forced labor to make its clothes. Read more here.
Monthly Archives For May 2023
Amid China pressure, US and Philippines recommit to security alliance
The United States and the Philippines reaffirmed their decades-old security alliance on Monday and President Joe Biden told his counterpart Ferdinand Marcos Jr. the U.S. commitment to the defense of its ally was “ironclad,
China backs UN resolution mentioning Russian aggression
China, which usually abstains from voting on any resolutions condemning the Russian invasion of Ukraine, has backed a UN General Assembly resolution that contains tough language regarding “Russian …
US lawmakers push SEC to order audit of Shein IPO over Uyghur forced labor fears
A bipartisan group of two dozen U.S. representatives was calling for the Securities and Exchange Commission to halt the initial public offering of Chinese-founded fast-fashion giant Shein until it …
US lawmakers push the SEC to order audit of Shein IPO over Uyghur forced labor fears
A bipartisan group of two dozen U.S. representatives are calling for the Securities and Exchange Commission to halt the initial public offering of Chinese-founded fast-fashion giant Shein until it …
Donald Trump Adamant COVID-19 Virus ‘Came From the Lab in Wuhan’: ‘It Was Incompetence’
Donald Trump shared his theory on how the COVID-19 virus spread throughout the world in 2020. While speaking to Fox News’ Mark Levin, the 76-year-old said he was one of the first people to talk…
The Banking Crisis Might Not Be Over Yet
Chair Jerome Powell and the other rate setters could ease the banking crisis by reversing course and cutting interest rates. But that would increase the risk of a renewed outburst of inflation, which …
Chinese companies report a ‘slightly worse’ business environment in the US
Annual survey by the China General Chamber of Commerce finds roughly one in five firms operating in the US expect their revenues to decline in the next two years ‘Chinese companies operating in the US…
Meet the Brit Who Led the Development of China’s Craziest EV
The HiPhi brand builds high-dollar models full of the stuff of sci-fi dreams, directed by the man who once headed up the Ford Fiesta team.
China Boasts of Sudan Evacuations as U.S. Efforts Criticized
The United States carried out its first evacuations of private citizens in Sudan after initially ruling the efforts out as too dangerous.
Restaurant Brands Stock To Likely See Little Movement Post Q1
We expect QSR’s stock to see little to no movement due to revenues coming slightly ahead but earnings missing expectations marginally in its first-quarter results.
Banished From China by Xi Jinping, Jack Ma to Teach Sustainable Agriculture and Food Production in Japan
According to the latest reports, Ma, 58, has an invitation from Tokyo College to teach there and he will be associated with the institution from May to October 31.
Travellers to China no longer need a negative PCR test
China has lifted one of its last remaining pandemic-related hurdles for international travellers, and as of April 29 tourists no longer need to present a negative PCR test upon arrival. Chinese …
