The government intervened in eight takeovers of UK firms by Chinese buyers last year, figures show
Monthly Archives For July 2023
China achieves mobile network algorithm verification powered by quantum computer
The China Mobile Research Institution (CMRI) and Origin Quantum Computing Technology Co have realized the first case of algorithm verification based on a real universal quantum computer in China, …
China’s Geely, Renault ink deal to develop powertrain technology
China’s Geely Automobile Holdings and French car maker Renault SA signed a joint venture (JV) to launch a company that will manufacture and supply hybrid powertrain engines, the companies said on …
China is knocking on Texas’ door: Here’s how US needs to respond
Armed with predatory loan terms and virtually no accountability, China’s sights are firmly set on the United States’ Latin American neighbors.
CAAM retracts automakers’ pledge to avoid “abnormal pricing” in China
China Association of Automobile Manufacturers (CAAM) recently organized automakers to publicly pledge to compete fairly, especially not setting abnormal pricing. Two days later, CAAM said it realized …
Chinese real estate stocks rise as Beijing extends property support measures
The move encourages financial institutions to continue deferring loan payments, while propping up financial support for real estate enterprises …
China’s paltry support for private firms leaves its economic backbone in more dire straits than state firms
With state giants faring better than their private counterparts in a post-Covid climate, an official charm offensive could be wearing thin, and it threatens to slow China’s economic recovery.
Apple opens store on China’s WeChat platform
Tencent’s WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, marking an expansion of the U.S. firm’s retail channels in the world’s second largest economy.
China’s failed ‘truce’ in EV price war: Explained
China’s auto market, the world’s largest, is on track to reach nearly 25 million vehicles in sales this year with overall growth of about 3%, and the share of EVs and plug-ins is rising fast.
We don’t want to decouple from China, but can’t be overreliant
Ultimately, the world needs China — for example, in the fight against pandemics such as COVID-19. China also has a crucial role to play in ending the worldwide food crisis, in supporting highly …
Solomon Islands leader visits Beijing, highlighting U.S.-China rivalry in South Pacific
The expansion of relations between the two countries has fueled unease in Washington about Beijing’s influence in the strategically important region.
Solomon Islands signs China policing deal in upgrade of ties
China and the Solomon Islands on Monday signed a deal on police cooperation as part of an upgrade of their relations to a “comprehensive strategic partnership,” four years after the Pacific nation switched ties from…
Wang Yi to represent China at ASEAN, raising questions over Qin Gang whereabouts
China’s top diplomat Wang Yi will attend an international gathering of foreign ministers in Indonesia this week, sources said, raising questions over the whereabouts of Chinese foreign minister Qin Gang who has not been seen…
