A court in southeastern China handed down a guilty verdict to John Shing-Wan Leung, a Hong Kong resident, as the authorities ramp up a crackdown on spying.
Monthly Archives For May 2023
China’s securities regulator, central bank cut staff pay budgets
China’s securities regulator and central bank cut the budget allocation for employee salaries in 2023, following reforms ordered as part of a broader drive to reduce income disparity. The 2023 budget …
Chinese Government Embraces Blockchain Technology Despite Cryptocurrency Ban
The newly-launched center aims to establish a nationwide blockchain network that will connect existing blockchains in China and promote cross-chain development.
Americans are spending less money even as the Chinese spend more. Take a look at the 5 major US companies winning on China’s spending spree.
The pent-up demand from the world’s second-largest economy comes after three years of strict COVID-19 restrictions which Beijing reversed course on.
China’s refined copper imports to rebound in 2023 -Trafigura analyst
HONG KONG — China is likely to import more refined copper later this year as metal inventories in the country will gradually fall, a senior analyst at trading house Trafigura said. We apologize, but …
Fran O’Sullivan: China prioritising growth after lifting Covid-19 measures
NZME business commentator Fran O’Sullivan met investors and took part in roundtables on her week-long visit to China. Fran O’Sullivan observed that China aims to get back to the business of growth …
China sentences 78-year-old U.S. citizen to life in prison on spying charges
Details of the charges against John Shing-Wan Leung, who holds permanent residency in Hong Kong, have not been publicly released.
Telangana to become Shenzhen of India, aims at $150 billion economy in electronics manufacturing
KT Rama Rao said the State had identified electronics manufacturing as a focus area and was aspiring to become the Shenzhen of India …
Mysterious Killing of Chinese Gold Miners Puts New Pressure on Beijing
The massacre of nine workers in the Central African Republic and other recent attacks raise questions about China’s ability to protect its citizens overseas.
Analysis: Consultancy firms in China tested limits before Beijing’s crackdown
China’s clampdown on its consultancy and due diligence sector has driven companies to review their operations after some tested the limits of the laws and Beijing’s patience to meet surging demand as …
Ex-ByteDance employee claims China had ‘supreme access’ to all data
China’s Communist Party had “supreme access” to all data held by TikTok’s parent company Bytedance, including on servers in the United States, a former employer who is bringing a wrongful termination lawsuit has alleged.
China jails US citizen for life on espionage charges
Hong Kong resident John Shing Wan Leung was chair of Texas branch of Chinese ‘reunification’ association
Italy’s Exports to China Are Booming and It’s Not Clear Why
Italy’s exports to China have tripled in little more than a year. The problem is, even the experts are struggling to explain why.