China’s cash-strapped local governments have suddenly rushed to an unusual corner of the debt market in Shanghai where ambiguous rules offer ways to skirt restrictions on onshore borrowing.Some analys …
Monthly Archives For June 2023
Elon Musk’s private jet scheduled to leave China on Thursday -flight tracking data
The Tesla (TSLA.O) CEO arrived in Shanghai on Wednesday night and visited the U.S. automaker’s plant in the financial hub and met with workers, according to photos posted by Tesla’s China-based public …
China warns of artificial intelligence risks, calls for increased national security measures
The statement underscores the tension between the government’s determination to seize global leadership in cutting-edge technology and concerns about the possible social and political harms of such …
US and China ‘intertwined like conjoined twins’, says Musk
Elon Musk said the interests of the US and China are “intertwined like conjoined twins” during his surprise visit to China on Tuesday amid strained diplomatic ties between the countries. The Tesla …
China facing ‘more complex’ security challenges, President Xi Jinping says, warns of ‘worst-case’ situation
Officials must stay ‘keenly aware’ of challenges and prepare for ‘most extreme scenarios’, President Xi Jinping tells National Security Commission Comments show China harbours no ‘illusions’ about …
Hong Kong Retail Crypto Trading Move Is a ‘Very Big Step’: Justin Sun
The decision to greenlight digital asset trading for retail investors in Hong Kong beginning tomorrow is “a very big step for crypto in China,” a country known for its unfriendliness to the sector, …
JP Morgan Commits to China For Long Haul
JP Morgan chief executive officer Jamie Dimon is in Shanghai, China this week to support the company’s operational efforts in the country. He’s also offering full-throated support for the U.S. government while he’s there.
China’s commerce minister meets Elon Musk
Chinese Commerce Minister Wang Wentao met with Elon Musk, CEO of Tesla, in Beijing on Wednesday, exchanging views on China-US economic and trade cooperation and Tesla’s growth in China, according to a statement released by…
Beijing blasts ‘provocative’ US fly-bys over South China Sea after Pentagon accuses PLA jet of ‘aggressive’ move
Beijing responds to accusations that Chinese J-16 plane carried out risky manoeuvre, condemning Washington’s military reconnaissance activities as ‘root cause’ of maritime security issues.
Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China
The U.S Senate Banking Committee met on May 31 to discuss the country’s policies on China, while Senator Elizabeth Warren brought up potential connections between crypto and drugs.
Beijing blames US ‘provocation’ for South China Sea fighter jet incident
Beijing blamed US “provocation” Wednesday for an incident last week in which a Chinese plane crossed in front of an American surveillance aircraft over the South China Sea. Th
China ETFs Fall As Economy Shows Signs Of Contraction For The Second Consecutive Month
“For consumers, there are concerns about the future — you don’t really want to spend,” Hui Shan, chief China economist at Goldman Sachs, told the Financial Times. The Hang Seng Index, which follows …
Cargill to exit poultry business in China
The Minnesota-based ag and food giant has agreed to sell Cargill Protein China to a private equity firm in Beijing amid broader challenges to the meat industry there.
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