Trade between the two nations rose to $20.83 billion in June, the highest since February 2022, according to data from Beijing.
Monthly Archives For July 2023
Germany’s first China strategy is vocal on risks, short on policy
Germany on Thursday published its first and long-awaited China strategy which was unflinching in its appraisal of Beijing’s increasing assertiveness and “unfair practises” but vague on policy measures to reduce critical dependencies.
HSBC builds up China green finance, bonds teams in funds push
HSBC is building up its green finance and bond teams in China to meet surging demand, two sources with knowledge of the matter told Reuters, as Europe’s biggest bank presses on with expansion in the…
China Exports Slumped 12.4% in June as Global Demand Weakened
The slump since last year is rooted in trade weakness which added to downward pressure on the world’s second-largest economy.
Uncovering COVID-19’s origins: How team Biden is stonewalling
The Biden administration is stonewalling efforts to get to the bottom of the origins of the pandemic that has been blamed for the loss of over 1.1 million American lives.
Dior reprises Fall 2023 ready-to-wear show in Shenzhen
Dior chose Shenzhen as the location to restage its Fall 2023 ready-to-wear show. Why are more luxury brands reprising their runways outside of the “Big Four”?
‘China has changed.’ Germany unveils strategy to cut reliance on world’s no. 2 economy
Germany announced Thursday that it would reduce its dependence on China in “critical sectors” including medicine, lithium batteries used in electric cars and elements essential to chipmaking.
Blinken meets China’s Wang Yi in Jakarta
U.S. Secretary of State Antony Blinken met top Chinese diplomat Wang Yi on Thursday on the sidelines of ASEAN meetings in Indonesia’s capital, the latest in a series of interactions between the rival superpowers.
Ian Bremmer on ‘Barbie’ movie’s China map: ‘Can’t make everyone happy’
Eurasia Group president Ian Bremmer responds to developments from the NATO Summit and unpacks the controversy surrounding a map of China in the upcoming ‘Barbie’ movie.
State Department email accounts hit in China-linked cyberattack
A China-based cybercriminal known as Storm-0558 gained access to unclassified U.S. government email accounts using forged authentication tokens, according to a report released by Microsoft.
U.S.-China Relations Improve With ASEAN Meeting, China Exports Negative For Global Economy
Climate czar John Kerry heads to China this Sunday. The nattering nabobs of negativity will point to the weaker-than-expected June export/import data though that should make you worried about the …
China’s chip imports slump in first half as US sanctions and ongoing tech war take a toll on trade
Downward trend in trade data comes amid increasing efforts by the US to restrict China’s access to advanced chips China’s imports of integrated circuits dropped to 227.7 billion units in the first six …
Circle CEO suggests a Yuan-based stablecoin could benefit China’s national currency
Circle CEO Jeremy Allaire highlights the potential of a yuan stablecoin to enhance the global adoption of China’s currency, expanding adoption and global reach for the digital yuan …
