Japanese Prime Minister Fumio Kishida says the world is facing a “historic turning point” as the country prepares to host the annual summit of the Group of Seven advanced economies next week in Hirosh …
Monthly Archives For May 2023
China’s economic outlook weaker due to falling imports, slow exports
Highlighting weakening domestic demand, despite the end of COVID-19 restrictions and increasing pressure on a struggling economy already facing cooling global growth, in April China’s imports shrunk …
China’s Oppo to shut down chip design unit as smartphone sales slump
Chinese smartphone maker Oppo said it will shut down its chip design unit, citing uncertainties in the global economy and the smartphone industry. The company, one of China’s best-selling domestic …
‘De-Americanise’: How China is remaking its chip business
Manufacturers are try to work with older imported parts which are not blocked by the U.S. sanctions, as well as less advanced equipment at home.
Australian trade minister returns from China trip with agreements to ‘step up’ dialogue
Trade Minister Don Farrell returns from a two-day trip to China without concessions from Beijing on a raft of trade bans against Australian exports, but says there is “positive momentum” in the …
Exclusive: G7 summit statement to target China’s ‘economic coercion’ – source
Leaders of the Group of Seven (G7) countries are set to issue a statement of concern about China’s use of “economic coercion” in its dealings abroad when they gather next week, according to a U.S.
Boston man charged with acting as a spy for China to keep tabs on pro-democracy dissidents
A Boston man was arrested this week and accused of acting as an agent for the Chinese government to keep tabs on local pro-democracy activists.
Executive fired from TikTok’s Chinese owner says Beijing had access to app data in termination suit
A former executive at TikTok’s parent company ByteDance accuses the tech giant of serving as a “propaganda tool” for the Chinese government.
EU-China relations will suffer if Beijing does not nudge Moscow towards peace, Borrell says
EU’s High Representative for Foreign Affairs and Security Policy, Josep Borrell, stated that China must compel Russia to pursue peace with Ukraine, or EU-China relations will deteriorate.
Beijing is targeting MPs, but not with threats of ‘physical harm’: CSIS
Canada’s domestic spy agency says that the Chinese Communist Party’s interventions are a “threat to the security of Canada,” targeting economic, political and military sectors.
CHINA UNICOM Agreed by SEHK for Proposed Spin-off Listing of SMART Connection Tech
CHINA UNICOM (00762.HK) announced that the Company applied for, and The Stock Exchange of Hong Kong confirmed, that the Company may proceed with the Proposed Spin-off Listing of Ch… CHINA UNICOM …
US extends certain COVID-related exclusions from China tariffs
The U.S. Trade Representative’s Office said on Friday it was extending exclusions from tariffs for 77 of 81 Chinese medical product import categories related to the COVID-19 pandemic.
Wendy Sherman, US official who led diplomacy with China and Russia, to retire
U.S. Deputy Secretary of State Wendy Sherman, the country’s number two diplomat, said on Friday she will retire at the end of June after three decades in Washington’s foreign policy establishment. Sherman is the first…
