Yellen’s trip comes after Secretary of State Antony Blinken met Chinese leader Xi Jinping in Beijing last month.
Monthly Archives For July 2023
US Restricts Sale of AI Chips to China, Effective In Raising the Technology Barrier?
Amid the global enthusiasm surrounding the potential of artificial intelligence (AI), the United States, supported by its allies, is intensifying efforts to restrict China’s access to cutting-edge …
Global shifts in crypto capital are underway. Here’s where the money is going
Digital assets funds have been flowing in waves all over the world since crypto’s inception, writes Amy Yu, CEO of SEBA Bank. Where is crypto capital going now?
China’s factory activity slows in June, with economic recovery ‘yet to find a stable footing’
Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 50.5 in June, down from 50.9 in May, data released on Monday showed.
China is lining up a Harvard-trained economist as its next central bank chief
China has named an economist who studied at Cambridge University and Harvard University to a key political post at its central bank that could position him to eventually replace governor Yi Gang.
Barbie movie gets Vietnam ban over South China Sea map
Vietnam has banned the Barbie film over a scene featuring a map depicting contested Chinese territorial claims in the South China sea. Vietnam is among a number of countries that contest China’s claim to almost…
China’s IPO Activity Seen Fading as Economic Woes Drag on Demand
Mainland China remained the world’s busiest spot for initial public offerings during the first half of the year, but slowing economic growth is expected to increasingly drag on domestic activity.
Competition for Land in Shenzhen Intensifies as Plot Is Auction at Ceiling Price of USD1.7 Billion
The competition in Shenzhen’s real estate market is intensifying despite the sluggish real estate, as a plot was recently auctioned for its ceiling price of CNY12.5 billion (USD1.7 billion). After 155 …
Shenzhen’s Guangming Science City Gathers International Scientists to Exchange Research Achievements and Academic Development Trends
Dozens of scientists from all over the world participated in the International Seminar on New Materials either offline or online on June 30, which was organized by Guangming Science City in Guangming …
China property developers buy less land in H1, June home sales drop 29%- survey
Chinese property developers spent 10% less on land in the first half compared to a year ago as sales stayed flat, private researcher CRIES said, reinforcing the still-low confidence in the real estate …
Treasury Secretary Yellen set to travel to Beijing to help ease U.S.-China relations
Yellen, who has called the notion of an economic decoupling from China “disastrous,” has frequently said in the past year that she would like to visit China.
Coal is flowing to China, but other Aussie exports aren’t so lucky
Months after Beijing indicated it would lift its sanctions, there has been little progress on reviving shipments of lobster, beef, timber and wine.
China’s Importing So Much Coal That Local Miners Are Suffering
China’s coal buyers should slow purchases from abroad to avoid hurting domestic suppliers, the China Coal Transport and Distribution Association has recommended.
