U.S. Commerce Secretary Gina Raimondo said late Tuesday American firms had increasingly used the term to describe China, prompting Beijing to defend its business practices and approach to foreign …
Monthly Archives For August 2023
United States says seeking more ‘predictable’ business environment in China
US firms in China have long complained about what they see as an unfair business environment, with limited protection for intellectual property and preferential treatment afforded to domestic …
UK ‘clear-eyed’ about disagreements with China, Cleverly says
Cleverly was making a long-awaited trip to China on Wednesday in an effort to reset ties between the two countries after years of tension over security, investment and human rights concerns. The …
Tech war: China exploring ways to make its own AI memory chips despite US sanctions, sources say
China is exploring ways to produce its own high-bandwidth memory (HBM), the next-generation of memory chips tailored for artificial intelligence (AI) processors, as it pushes ahead with a …
China’s Bank of Communications to ‘initiate’ a mortgage rate cut, hewing to the push to make first homes more affordable and lift housing slump
The mortgage rate cut by Bank of Communications or BoCom, as China’s fifth-biggest lender is called, could spur larger banks to follow, days after the Chinese central bank and housing ministry eased …
China eases mortgage rules in Guangzhou amid efforts to revive key property sector
Guangzhou on Wednesday became the first major Chinese city to announce an easing of mortgage curbs as the government ramps up efforts to revive the crisis-hit property sector and shore up a sputtering …
Embassy: China open to business, in response to US official’s remark
China will only open up wider to the world, furnished with a world-class business environment, a Chinese embassy spokesperson said on Tuesday in response to the US commerce chief’s comments that some …
James Cleverly meets China’s vice-president amid criticism of Beijing by British MPs
British foreign secretary says face-to-face meetings were important to avoid misunderstandings as report criticises Beijing’s ‘transnational repression’ …
China-UK ties: Cleverly’s visit to Beijing boosts ‘sound and stable’ relations, says vice-president Han Zheng
Top diplomat Cleverly is the first senior UK official to visit China in five years, after then foreign secretary Jeremy Hunt travelled to Beijing in 2018. Beijing slams Taiwan visit by British ex-PM …
India lodges ‘strong protest’ over new China map
India says it has lodged a “strong protest” with China over a new map that lays claim to its territory. Indian media has reported that the map shows the north-eastern state of Arunachal Pradesh and…
Here’s what the U.S. hopes China will do after Raimondo’s trip
U.S. Commerce Secretary Gina Raimondo has left Beijing with a few deliverables: plans for formal discussions on export controls and tourism.
US seeking more ‘predictable’ business environment in China: Raimondo
The United States wants to work with China to ensure a more “predictable” environment for American businesses in Shanghai, Commerce Secretary Gina Raimondo told officials in the economic hub on …
Commerce chief says US firms complain China is ‘uninvestible’
U.S. Commerce Secretary Gina Raimondo said U.S. companies have complained to her that China has become “uninvestible,” pointing to fines, raids and other actions that have made it risky to do business …
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