Chinese authorities imposed a fine of nearly USD 1 billion for the financial technology giant Ant Group on Friday, nearly three years after regulators blocked the company’s proposal for a …
Monthly Archives For July 2023
Treasury Secretary Yellen mends fences in Beijing
Treasury Secretary Janet Yellen wrapped up her two-day visit to Beijing, where she made progress in restoring some balance to the rocky economic relationship between the United States and China. This trip has been a…
China’s State Financial Sector Gears Up for One of Its Most Challenging Years
Executives employed in China’s state-owned financial institutions are preparing themselves for an exceptionally challenging period in the financial sector.
Janet Yellen in China Treasury Secretary Mends Fences in Beijing
That is at least in part because China is facing a debt bomb at home: trillions of dollars owed by local governments, their mostly off-the-books financial affiliates, and real estate developers. One of the main…
Janet Yellen awkwardly bows to CCP official during Beijing trip: ‘Optics the Chinese love’
U.S. Treasury Secretary Janet Yellen bowed to Chinese Vice Premier He Lifeng before a meeting in Beijing, China on Saturday — a move that some Americans found inappropriate.
Solomon Islands leader visits security partner China with focus on infrastructure
Solomon Islands Prime Minister Manasseh Sogavare arrives in China on Sunday for his first visit since striking a security deal, pledging to “remain neutral” amid rising China-U.S. competition and prioritise his nation’s development needs.
5 Things To Know About Comba Telecom (SGX Code: STC), The Company That Builds 5G Networks For China Mobile
Enabling telecom operators to switch to 5G wireless networks. In our increasingly connected and fast-paced world, we all seek faster mobile networks to enhance our experiences and connectivity, …
Shenzhen, China’s ‘city of young migrants,’ at point of inflection
GUANGZHOU, China — China’s city of Shenzhen, home to the country’s first special economic zone, may have begun to lose its luster. Its population decreased for the first time in 2022, in part because …
China’s LNG Imports Soar Despite Global Price Dip
China’s imports of liquefied natural gas (LNG) hit 5-month highs in June, but weak demand, especially in Europe, kept a lid on prices. Last month, China imported 5.96 million metric tons of LNG, 28% …
China restricts access to 2 metals crucial to making semiconductors. What you need to know.
China will restrict the world’s access to gallium and germanium, requiring buyers of the two rare metals to apply for permits starting next month, in a move that highlights the country’s dominance as the provider…
‘Neurostrike Weapons’: China Developing Technology To Disrupt Brain Functions?
The Chinese Communist Party and its People’s Liberation Army are in the process of developing weapons that may pose a new kind of biological threat to the world. These weapons are known to attack, or…
American companies keep distance from China AI conference amid accessibility concerns
Several major U.S. tech companies signed up as strategic partners in 2019, but this year’s World AI Conference in Shanghai will see just one serving in any partnership role.
Yellen calls for ‘closer communication’ in meeting with top Chinese official
U.S. Treasury Secretary Janet Yellen on Saturday said the United States and China must seek to “closely communicate” with each other during a meeting in Beijing with Chinese Vice Premier He Lifeng.
