China’s wheat imports are booming, but one top supplier is missing out: Russia. The Asian nation is on track to be the largest buyer of the food staple this season, and Russia is the biggest…
Monthly Archives For May 2023
China and U.S. should work together to remove tensions, Chinese tech company says
Zhao Yong, founder and CEO at DeepGlint Information Technologies, which has been sanctioned by the United States, explains why it’s doing business in the Middle East.
China’s New Covid Wave Set to See 65 Million Cases a Week
China is likely to see its Covid-19 wave peaking at about 65 million infections a week toward the end of June, according to a senior health adviser, while health authorities rush to bolster their …
Beijing lashes out after G7 leaders voice concerns over China
CNN’s Anna Coren reports on the backlash from Beijing following the G7 summit in Japan, where leaders of the world’s wealthiest democracies voiced their concerns about China’s rising power and …
Beijing chides Japan, Britain and ‘anti-China’ G7 summit
State-backed Chinese mouthpiece Global Times called the G7 an “anti-China workshop” on Monday, after Beijing summoned Japan’s envoy and berated Britain in a fiery response to statements issued at the …
China Urges U.S. to Meet It Halfway, Bring Ties Back on Track
BEIJING (Reuters) – China’s foreign ministry on Monday urged the United States to have the right understanding of China, meet it halfway and bring bilateral relations back on track. Mao Ning, a …
Apple, China Mobile Deal Close, but Not Done (Update 2)
It looks like the China Mobile, Apple deal is finalized, according to The Wall Street Journal, but others are saying not so fast. It looks like the China Mobile, Apple deal is finalized …
Russia Raises Aluminum Exports to China to Near Record Levels as Sanctions Bite
China, the biggest producer of aluminum globally, is importing more of the lightweight metal from Russia, underscoring how trade ties are strengthening between the two nations as sanctions curb much …
China’s commercial banks see decline in bad loan ratio in Q1
The non-performing loan ratio of China’s commercial banks fell to 1.62 percent by the end of the first quarter (Q1) of this year, with the quality of these banks’ credit assets generally stable, …
We’re taking a more ‘sanguine’ stance on China, JPMorgan says
James Sullivan of the investment bank says “in the medium term we do think outperformance out of China will be difficult.” …
China chip stocks rally after Beijing said U.S. chip giant Micron is ‘major security risk’
Chinese authorities said Micron products have failed its network security review, and cited “serious potential network security issues.” The firm poses a “major security risk” to China’s critical …
One of the world’s most prominent blockchain apps looks like being binned
The Australian Securities Exchange became a poster child for seriously serious distributed ledgers, but now wants to walk away …
China imposes sales restrictions on Micron as it escalates tech battle with Washington
China has banned Chinese companies working on key infrastructure projects from buying products from US semiconductor manufacturer Micron, in a major escalation of an ongoing battle between the world’s …
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