The U.S. government is closely scrutinizing exports to China and last year denied or took no action on a quarter of requests in order to stop sales that would advance Beijing’s militarization, a …
Monthly Archives For May 2023
Very few U.S.-China flights are back despite the end of Covid
In contrast, flights between mainland China and Egypt, Saudi Arabia and Italy are nearly back to pre-pandemic frequency or more, the report showed, citing data as of May 22 from VariFlight. This past weekend, an…
Elon Musk visits China’s commerce ministry
Tesla Inc CEO Elon Musk kicked off his second day in China with a visit to the country’s commerce ministry on Wednesday morning.
New warning signs emerge for China’s property market
Data for May show China’s massive property sector is still struggling to turn around, despite signs of recovery earlier this year.
Japan’s largest brewer sets its sights on China — again
Japan’s Asahi Group Holdings has plans to dive back into the China market as it looks to revive investments in the world’s largest beer market.
US Treasury Seeks China Engagement Even as It Sharpens Its Economic Tools
The US Treasury Department is seeking engagement with China while also sharpening the economic tools needed to counter what it sees as national security challenges, according to two officials, …
Chinese AI chatbot start-up Xiao-I eyes global market after Nasdaq IPO on ChatGPT fever
Xiao-I, which raised US$39 million from its IPO in March, wants international sales to account for half of its revenue, founder and CEO Yuan Hui says The Shanghai-based firm aims to sharpen its focus …
Elon Musk Visits Beijing, Calls for Better US-China Relationship
“Decoupling” is not even in Elon Musk’s vocabulary. Musk met with Chinese leaders yesterday to discuss expanding Tesla’s presence in …
Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar
While U.S.-China tensions may have been given new impetus under the Trump administration which levied tariffs broadly and imposed sanctions on Huawei, the friction has continued unabated under President Joe Biden as both countries vie…
China launches new crew for orbiting space station, looking to put astronauts on moon by end of decade
Three Chinese astronauts were launched into space on May 30, 2023, to go to the country’s orbiting space station. China wants to put astronauts back on the moon by the end of 2030.
Dimon to confront new China business landscape
BEIJING: When Jamie Dimon takes centrestage at JPMorgan Chase and Co’s China summit today, he’ll be confronting a business landscape that looks vastly different from his visit four years ago. Back in 2019, the last…
Chinese Foreign Minister Qin Gang tells Tesla CEO Elon Musk that China is open for business
Chinese Foreign Minister Qin Gang sought to assure Tesla CEO Elon Musk on Tuesday that the country would continue to offer a friendly business environment to foreign companies. Meeting the head of the …
US closely scrutinizing export requests to China -Commerce Dept
The U.S Commerce Department is closely scrutinizing requests to send items to China and last year denied or took no action on 26%, a senior official said in written Senate testimony released on Tuesday.
