South Africa hopes its new price edge over major global corn producers will help it secure a share of China’s huge grain market, a farmer’s union has said.
Monthly Archives For May 2023
China Eyes Potential COVID-19 Wave Peaking at 65 Million Weekly Cases Next Month
China is bracing for an upcoming coronavirus surge that could peak at 65 million weekly cases by the end of June. Respiratory disease specialist Zhong Nanshan said at a medical conference this week …
Gen. Keane: China could launch ‘massive’ cyber attacks on infrastructure in US homeland if war breaks out
Retired four-star Gen. Jack Keane told “Fox & Friends” Friday that if the U.S. and China fought in a hot war, China could launch massive attacks on U.S. infrastructure.
China’s state banks seen selling dollars in onshore FX market – sources
China’s major state-owned banks were seen selling dollars in onshore spot foreign exchange market from Thursday and into Friday, sources with knowledge of the matter said.Such dollar selling appeared …
Sam Altman’s Crypto Project Worldcoin Gains Some Traction in China
Worldcoin, a crypto project by OpenAI CEO Sam Altman has gained some traction in China, with users rushing to source know-your-customer (KYC) verifications on the black market. CoinDesk Executive …
Tech war: major Micron client in China retracts Shanghai IPO application three days before Beijing opened cybersecurity investigation into US firm
China’s top server makers, including Inspur Group and Lenovo … months before the Chinese storage devices maker applied for an IPO on the tech-heavy, Nasdaq-like Star Market, according to public …
Whether causing the common cold or COVID-19, coronaviruses deploy key enzymes to elude human immune response
The entire family of coronaviruses is equipped with multiple methods of evading the human immune system, and two new studies have taken a deep dive into how these viruses, including SARS-CoV-2, leverage highly specialized enzymes…
US-sanctioned Russian bank CEO hails yuan use while decrying US dollar weaponisation
VTB Bank’s Andrey Kostin spoke with Post during Russian delegation’s state visit to Beijing Russia’s second-largest lender, which lost billions last year after being cut off from US dollar and euro, …
China and Russia have promised to boost trade. Can they?
On a state visit to China this week, Russian Prime Minister Mikhail Mishustin signed various pacts on deepening investment cooperation in trade services and exporting more Russian agricultural …
Morgan Stanley Gets Green Light to Establish Futures Unit in China
China’s regulators allowed Morgan Stanley to launch a new China futures company in Beijing, opening the country to the global futures market.
China hit with new Covid wave months after easing restrictions
Just six months after China relaxed its Covid-19 restrictions, the country is bracing for a new wave of infections that could see as many as 65 million cases per week by the time it peaks…
Breaking up is hard to do: Decoupling the West from China
Warren Buffett recently said he was shifting his investments from China to Japan. But decoupling also brings significant risks. J. Stewart Black and Allen Morrison wrote in the June 2021 Harvard …
Business dangers loom as the U.S. and EU converge on ‘de-risking’ from China
The recession was widely expected, but beneath its surface lies a major dilemma for the German economy: to “de-risk” or depend on China, that’s the question. The question became acute because …
