Treasury Secretary Janet Yellen speaks during a news conference at the U.S. Embassy in Beijing, on July 9, 2023. Mark Schiefelbein—AP Treasury Secretary Janet Yellen on Sunday said she agreed …
Monthly Archives For July 2023
China Might Turn Yen At 160 Into Another Crisis
The real issue is whether Beijing views the yen’s plunge as a rationale for depreciating the yuan as Chinese growth flatlines.
China’s first big volley in the semiconductor exports war
The country aims to restrict the supply of gallium and germanium, two materials used in computer chips and other products. But experts say it won’t have the desired impact.
Bitcoin Steady Above $30K as China Factory Deflation Suggests End of Global Tightening Cycle Is Near
Bitcoin held steady above $30,000 early Monday as producer price index (PPI) data from China suggested the global liquidity-tightening cycle that …
China IPO applications fall by third in first half of 2023
China’s IPO applications slumped by a third in the first half of 2023, as earnings volatility, a slowing economy and tighter regulatory scrutiny deterred potential candidates.Chinese exchanges, which …
Declassified Intelligence Report on COVID-19: Both Origin Theories Remain Plausible
A recently declassified intelligence assessment looking into a possible link between a lab in Wuhan, China, and the origin of COVID-19 found that both the “lab-leak” theory as well as a natural origin …
Shenzhen Century Joint Innovation Technology Co., Ltd.: Shop Premier Gaming Monitors from INNOCN during Amazon EU Prime Day Sale Starting 10 July
Shenzhen Century Joint Innovation Technology Company Ltd. (INNOCN) has emerged as a leading competitor in manufacturing elite gaming monitors, igniting …
K33 Research Reports 10,000 Companies and 190,000 Professionals Involved in Crypto Industry
According to K33 report, the crypto industry employs 190,000 individuals, they are working in 10,000 companies, as of July 2023.
China’s internet firms report faster profit growth in first 5 months
China’s major internet companies and related services companies saw notable profit increases in the first five months of the year, data from the China Academy of Information and Communications Technology showed.
(LEAD) (Yonhap Feature) N. Korean defectors say ordeal in China worsened due to COVID-19 pandemic
Three North Korean defectors who recently arrived in South Korea after living on the run in China said their ordeal significantly worsened due to strict restrictions during the COVID-19 pandemic, …
NATO Chief Issues Ominous Warning About China
Beijing is “watching to see the price Russia pays, or the reward it receives” over Ukraine, Jens Stoltenberg said in an article published on Monday.
Rio Tinto Says China’s Economy Faces a ‘Big Real Estate Issue’
Miner Rio Tinto Group sees a host of near-term economic challenges in China, including in the country’s real estate industry, but reaffirmed its positive medium- and long-term outlook.
Yellen’s Beijing trip: China hopes U.S. to lift tariffs, relax export controls
China hopes the U.S. side will take concrete actions to respond to China’s major economic concerns, including lifting tariffs and relaxing export controls.