The U.S. State Department’s top China policy official Rick Waters is set to step down at a time of fraught relations between Washington and Beijing. Waters, deputy assistant secretary of State for …
Monthly Archives For May 2023
Can China’s recent crypto optimism trigger a bull run in Bitcoin price?
Binance CEO CZ believes China broadcasting crypto could act as a bullish trigger. Bitcoin price is currently trading below the $26,500 mark, noting a two-month low. Back until 2021, in addition to the United States,
Singapore’s Q1 GDP contraction raises recession risk; China revival key
raising the risk of a recession in the city state as the global economic outlook weakens and major trading partner China struggles for a post-COVID lift-off. Singapore, a major financial hub, is …
Data center projects in full swing in SW China’s Guizhou
A staff member inspects the operating status of the micro module room in Guian Data Center of China Unicom in Guian New Area, southwest China’s Guizhou Province, on May 23, 2023. In February 2022, …
Xi Remade China’s Tech Industry in His Own Image With Crackdown
Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world’s No. 2 economy in his own image. After over a decade in power, an intensifying struggle for tech leadership …
China’s 2023 iron ore imports seen unchanged as demand falters – industry sources
China is likely to import a similar amount of iron ore this year as it did in 2022, with demand in the world’s biggest steel producer failing to show signs of recovery, according to participants…
How are Chinese firms responding as buyers ‘don’t want anything made in China’?
But relying solely on China operations is no longer considered the safest bet for manufacturers, as the country’s “world’s factory” status is not as strong as it was in the past. Compounding concerns …
China’s US$1.6 trillion brokerage industry braces for more pain as authorities frown at high commissions, generous compensation
Reports suggest some CICC bankers have been dealt a 40 per cent cut in bonus amid Beijing’s call to ditch financial elitism Analysts expect further pain for brokerages, as a State Council guideline …
Timeline: how Micron went from China business partner to the target of a national cybersecurity probe
This timeline highlights Micron Technology’s key developments since its entry into the China market over two decades ago, leading up to it being branded a national cybersecurity threat.
Chinese health authorities warn of a new surge in COVID-19 infections with the XBB subvariant
Chinese health authorities warn of another wave of COVID-19 Infections to peak at the end of June with more than 65 million weekly infections.
US State Department’s top China policy official to step down –sources
The U.S. State Department’s top China policy official Rick Waters is set to step down, four sources familiar with the matter told Reuters, at a time of fraught relations between Washington and Beijing …
Bipartisan China panel issues a blueprint to address Taiwan and Uyghur mistreatment
The new House select committee on China, which has shown rare bipartisanship on Capitol Hill, made its first policy recommendations Wednesday.
A Texas Bill That Would Have Banned Chinese People From Owning Property Has Failed
A bill that would have banned people from China and three other countries from owning property in Texas failed to reach the House floor, with its death a huge relief to the states …
