China’s plans to launch a global satellite internet service is expected to take shape in five to 10 years, denting hopes of private players in the space.
Monthly Archives For June 2023
Beijing’s ties with Moscow behind hardening Polish views on China
Last summer, with Russia’s gruelling war in Ukraine shifting the geopolitical sands in Europe, Beijing dispatched a veteran envoy to tour the bloc’s eastern front. Beijing’s cosy ties with Moscow had …
Blinken in Beijing: Wang Yi says US’ ‘erroneous perception’ of China to blame for worsening ties
China’s top diplomat Wang Yi on Monday urged the United States to “reflect deeply” and manage differences with Beijing, while attributing worsening ties to Washington’s “erroneous perception” of China …
Tariffs the Trump administration imposed on Chinese imports are still in place
President Biden has held on to one of the signature economic policies of his predecessor: tariffs on imports from China. We look at why he’s kept them, and what it means for businesses.
Executive Raises Alarm On Apple, Google, Other Tech Giants Potentially Betraying Crypto Holders
The crypto executive issued the warning over the weekend, suggesting that in case of an economic collapse, operating system access of top tech companies could work against crypto holders.
Fisker to enter China’s hotly contested EV market with local production plans
Fisker, the electric carmaker founded by the Danish auto designer Henrik Fisker, is gearing up to enter the Chinese market where competition is increasingly cut-throat, following in the footsteps of …
Germany and China Try to Reset Relations for a Changed World
This week the two countries will restart government consultations after a pandemic hiatus, but amid the war in Ukraine and rising U.S., Chinese tensions, common ground may be elusive.
AstraZeneca considers spinning off its China business
UK’s largest stock-market-listed firm weighs up Hong Kong or Shanghai listing to shield it from geopolitical tensions
Gold Miner Amman Mineral Raises $715 Million in Jakarta’s Top 2023 IPO, Sources Say
PT Amman Mineral Internasional, the owner of the second-largest gold and copper mine in Indonesia, raised about 10.73 trillion rupiah ($715 million) in an upsized initial public offering, according to …
Cornerstone Investors to Buy 71% of Adicon’s Hong Kong IPO
By Dave Sebastian Adicon Holdings, a laboratory-testing provider in China, is seeking to raise $52.3 million through a Hong Kong initial public …
The Summit Forum on the Application and Construction of AGP in China Takes Place in Shenzhen
The R&D Center declared the commencement of the AGP database creation project at this forum and announced the release of the scientific research fund for AGP. On a variety of topics, including the …
Exclusive – Japan Regulator Sounded Out Top Domestic Banks About China Risks, Sources Say
The Financial Services Agency’s (FSA) request, which has not been previously reported, is to ensure Japan’s megabanks are thinking about the risks and are prepared to respond if the geopolitical situation worsens, including over the…
Alibaba, other tech stocks drop as Goldman downgrades China growth forecast
China stocks had a rough ride on Monday, as Goldman Sachs piled on worries over growth and investors fretted the country won’t move fast enough with stimulus.
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