SINGAPORE—For much of the past decade, Western companies have sought an alternative to China to manufacture goods—a shift executives call “China plus one.” Increasingly, the strategy looks more like …
Monthly Archives For June 2023
‘Relentless’ heatwaves scorch southern China, test power grids
By Ryan Woo BEIJING (Reuters) -Having sweltered through May, southern and eastern China face more weeks of unrelenting heatwaves, putting power grids under strain as demand for air-conditioning soars …
U.S.-China ties weigh on security summit as defense chiefs meet in Singapore
Defense chiefs from around the world are due to meet at the annual Shangri-La Dialogue in Singapore this weekend.
Demand grows for gadgets from China
In addition, the rising demand for high-quality consumer goods will continue to be consolidated, with small household appliances becoming popular among tech-savvy consumers, it added. Chinese-made …
Bubs on track in the US, China sales falter
Sales in China for the year to June 30 have collapsed to an estimated $13.5 million and $13.8 million versus $53.6 million in the last financial year. Bubs’ new chairwoman, Katrina Rathie, is leading …
Southern China sizzles in high temperatures, stressing power grids
Sizzling temperatures, coupled with strong convection storms, are set to blanket southern China in coming days, with the persistently hot weather driving up demand for electricity and putting power …
Taiwan hails ‘comprehensive’ trade deal with US as China issues warning
Agreement designed to deepen economic ties ‘signals a new beginning’, says Taiwan cabinet spokesperson …
Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express
Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long?
Chinese defence minister says Beijing will ‘absolutely not’ renounce use of force against Taiwan
Li Shangfu reiterates Beijing’s position to Singapore counterpart, defence ministry spokesman says, adding Beijing would never tolerate the Democratic Progressive Party seeking other countries’ …
How diplomatic tensions are making it hard for Americans to study in China
NBC News’ Janis Mackey Frayer explains how diplomatic tensions are making it harder for American college students to study in China. NYU Shanghai professor Marcel Daniels said not having as many …
Why China’s economic growth machine is on shaky ground
After an initial post-pandemic bounce back, China’s recovery is faltering. Economists warn the slowdown could be permanent as leader Xi Jinping prioritises national security.
Emerging businesses boost telecom revenues in China in Jan-April
The government previously forecasted that the number of 5G base stations in China will hit 2.9 million at the end of 2023 …
Elon Musk wraps up his China after meeting with government ministers and a late night visit to the Tesla Gigafactory
LUDOVIC MARIN/POOL/AFP via Getty Images Elon Musk’s private jet has departed Shanghai, wrapping up his first visit to China since the pandemic and topping a whirlwind trip that included a flurry of meetings with senior…
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