China is well on track in 2023 to overtake Japan and become the world’s largest light-vehicle exporter, with global automakers emerging as a fresh force behind the country’s export boom.
Monthly Archives For July 2023
Beijing Is Going Places—and Building Naval Bases
Sheng Zhang is a Research Analyst with AidData’s Chinese Development Finance Program, where he tracks underreported financial flows and leads geospatial data collection. He is the co-author of a …
‘Barbie’ Box Office Flop in China Is Cautionary Tale for Studios Catering to Beijing
“Barbie” is the latest film to show what seems obvious to everyone except Hollywood studios: Groveling to Beijing is not worth the trouble.
China helps Russia evade sanctions and likely supplies tech used in Ukraine, U.S. report says
Chinese state-owned defense firms have shipped navigation equipment, fighter jet parts and other dual-use technology to Russian defense companies, a U.S. intelligence report said.
Fundraising by crypto-focused VCs plunged in Q2 and it’s not going to get better soon
The second quarter of 2023 also saw a slew of Greater China-based fund managers raising or launching their Web3 funds — including BAI Capital, Token Bay Capital, ProDigital Future Fund, CPIC …
China Urges Mortgage Easing to Stabilize Ailing Property Market
China is pushing to scrap rules that disqualify some people who have previously taken out mortgages from benefiting from the lower rates enjoyed by first-time buyers.
US intelligence report says China likely supplying tech for Russian military
China is helping Russia evade Western sanctions and likely providing Moscow with military and dual-use technology for use in Ukraine, according to an unclassified U.S. intelligence report released on Thursday.
US card companies’ wager on China travel boost hit by economic gloom
Visa and Mastercard , which bet on China to boost travel spending, have had to contend with a disappointing first half of the year as post-COVID momentum in the world’s second-biggest economy loses steam.
BRICS has a China problem, and it is a bit concerning
A keen observer of global diplomacy might have noticed an unusual absence at an upcoming international summit. This is not the first time that the BRICS assembly has seen such a situation, with Russia …
L’Oréal Upbeat On China Despite Market’s Softer Rebound
Second-quarter sales at L’Oréal slightly beat expectations, as a rebound in China helped offset slower growth in the United States.
Indonesian President Widodo arrives in China and plans talks with Chinese leader Xi
BEIJING (AP) — Indonesian President Joko Widodo arrived Thursday in China and planned to meet with Chinese leader Xi Jinping. The two will discuss investments and “various strategic projects for …
China’s use of exit bans leaves Americans at risk of being arbitrarily detained
I don’t just want to go back” because officials can “stop you for whatever and you cannot leave,” one naturalized U.S. citizen from Shanghai told NBC News.
Could economic indicators signal China’s intent to go to war?
But before troops begin to muster, other actions, of an economic and financial nature, might signal China’s intent. The Soviet Union mistook ordinary activities, such as blood drives, for possible indicators of war.
