Summary HSBC’s expansion into China exposes the bank to significant risks due to the country’s autocratic government and fragile economic conditions.The bank’s current financials and valuation are …
Monthly Archives For June 2023
The microchip industry would implode if China invaded Taiwan, and it would affect everyone
A conflict between the US and China over computer chips or semiconductors has been escalating in recent months. In particular, the US has taken steps to limit Chinas access to advanced chip technology …
Space Race: are China and the US locked in a battle for space dominance?
China and the US are said to be locked in a battle for space dominance. But just how accurate is that narrative? And what is the future of space exploration?
China breaks its rideshare record with 26-satellite launch (video)
A Chinese Lijian-1 solid-fuel rocket launched on Wednesday (June 7), carrying 26 satellites to orbit — a rideshare record for the country. It was the second flight of the Lijian-1 rocket, which is …
Six months after ‘zero Covid,’ U.S. firms in China still face ‘uncertainty on top of uncertainty’
A series of government raids on foreign companies has undercut Beijing’s open-for-business message, reinforcing global executives’ worries about the risks of operating in a market many still see as essential.
Blinken to be in Beijing for talks on June 18
U.S. Secretary of State Antony Blinken will travel to China next week for long-delayed talks aimed at stabilizing tense relations, and a U.S. official said he is expected to be there on June 18.
China is rolling out the red carpet for US CEOs
Tesla CEO Elon Musk and JPMorgan CEO Jamie Dimon are just of several high-profile American business leaders that have recently visited China as the country aims to lure foreign investment.
China’s Interest Rate Pivot May Trigger a ‘Balance-Sheet Recession’
A headline on China’s economy this week stated that the nation’s big, state-owned banks would be reducing interest rates on deposits in order to bolster growth.
China Is Rewriting the Law of the Sea
Review: China Is Rewriting the Create an FP account to save articles to read later and in the FP mobile app. Sign Up ALREADY AN FP SUBSCRIBER? LOGIN For decades, scholars and policymakers have puzzled…
Agricultural Bank of China issues bonds for rural development
The Agricultural Bank of China one of the country largest commercial lenders has issued 20 billion yuan about 28 billion US d …
Doing business with China in 2023 has become more risky
Americans doing business with China should rethink their operations and plans. On April 26, the Chinese government passed an amendment to its …
China’s falling birth rate may have more ‘disastrous’ effect than declining numbers in major cities
State-owned Economic Daily says multiple factors including active controls can shrink numbers in major cities, which should not spark too much alarm A declining youth population and fewer new births …
Biden promised a US-China thaw but Beijing is only turning up the heat
President Joe Biden called the Chinese spy balloon that traversed across the United States and over sensitive military bases “silly” and vowed that we’d soon be witnessing a US-China “thaw.” He said that two weeks…
