Photo by Cui Jun/for China Daily] A subway line that links downtown Beijing with Daxing International Airport in the Chines
Monthly Archives For May 2023
House Republicans are leading major rethink on China trade
And in Congress, both Republicans and Democrats are looking to rewrite America’s problematic trading relationship with China. In particular, bipartisan consensus is emerging on the need to overhaul an …
China’s Lemeng upsizes proposed US IPO to $20M, sets terms
and subsidiaries in China. The company is based in Beijing. Lemeng has been operating in the black. For 2022, the company reported a net income of $5M on revenue of $75M. It first filed for…
Foreign Entities Like China Are Asking For Clarity On The DeSantis Florida Property Investment Ban
But it was just one parcel 12 miles from the Grand Forks Air Force base in North Dakota, purchased by the Binzhou, China-headquartered Fufeng Group, that ignited the conversation of whether that …
China’s yuan will continue to fall against the dollar as Beijing eyes rate cuts to revive the economy, Goldman Sachs says
Goldman Sachs slashed its forecasts for the yuan over the next 12 months as China’s weak economy weighs on the currency.
China tells tech manufacturers to stop using Micron chips, stepping up feud with U.S.
Stepping up a feud with Washington over technology and security, China’s government on Sunday told users of computer equipment deemed sensitive to stop buying products from the biggest U.S. memory …
Siemens Healthineers to expand R&D, production in Shenzhen
German health technology company Siemens Healthineers pledged on Monday an additional investment of over 1 billion yuan about 142 …
Hard to see how China can win A.I. competition if chip bans keep happening: Grow Investment’s Hong
Hao Hong, Grow Investment Group chief economist, joins ‘Squawk on the Street’ to discuss the state of affairs between the U.S. and China, how far future bans of Chinese and U.S. technology could go and…
Micron expects revenue impact following China ban
U.S.-based Micron Technology Inc on Monday forecast a hit to revenue in the low-single to high-single digit percentage after a ban by China on sale of its memory chips to key domestic industries …
China’s Iron Fist: Geopolitical Tensions Make it Hard to do Business
Within the financial sector, China is carrying out a sweeping crackdown on high-ranking domestic officials, with a definitive chilling effect on investor confidence. Dozens of officials have been …
China’s economy has turned rotten and its reopening boom is a ‘charade,’ market expert says
“A growth model dependent on stimulus and debt was always going to be unsustainable, and now it has run out of steam.” …
‘Apple and Google Are Systemic Risks To Crypto,’ – Ex-Coinbase CTO
Former Coinbase CTO, Balaji Srinivasan, has expressed concerns about the potential risks posed by Apple and Google to the crypto industry …
Why It’s Getting Harder to Do Business in China
Current diplomatic tensions and a changing political scene within China are naturally being felt by U.S. and other foreign companies doing business there. But to what degree? We asked two experts with experience doing business…
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