A top Chinese official told Commerce Secretary Gina Raimondo on Tuesday he was prepared to “make new positive efforts” to improve relations with the United States. Raimondo’s visit to China comes amid the Biden administration’s…
Monthly Archives For August 2023
China state-backed firm apologises for ‘home developed’ software based on Microsoft source code
Digital Guangdong published an apology after it was revealed that its CEC-IDE software application was based on Microsoft’s Visual Studio Code Chinese authorities have demanded ‘safe and controllable’ …
Is Beijing Losing Control Of Its Economy?
Weak consumer confidence also continues to contribute to lower domestic demand. Beijing acknowledges this and thus avoids direct stimulus measures like tax cuts or payments. This is because Chinese …
US commerce secretary rejects Chinese appeal to ease export controls
The curbs crippled the smartphone business of Huawei Technologies Ltd., China’s first global tech brand. “Their asks were to reduce export controls on technology” with possible military uses and to …
Factories May Be Leaving China, but Trade Ties Are Stronger Than They Seem
the economists Laura Alfaro at Harvard Business School and Davin Chor at the Tuck School of Business at Dartmouth wrote that China’s share of U.S. imports fell to about 17 percent in 2022 after …
China’s 24-Point Strategy to Attract Foreign Investment: Too Little, Too Late?
After enduring three years of stringent zero-COVID measures that have disrupted regular business operations, foreign companies have grown increasingly wary of investing in China. The policy, issued by …
Putin commits to China visit in first major trip since arrest warrant
Russian President Vladimir Putin agreed to make a trip to China this fall in what will be his first trip outside of Russian or allied territory since the International Criminal Court issued a warrant for…
China’s record annual limit for infrastructure-boosting bonds to be spent by October
Local governments are scrambling to sell more than US$500 billion worth of special-purpose bonds that will mostly fund construction projects and boost China’s economic growth But the spending spree …
British foreign secretary in to Beijing for first high-level summit in five years
Britain’s top diplomat, James Cleverly, will touch down in Beijing on Wednesday on the first visit by a British foreign secretary in five years in an effort to kickstart a new approach to relations …
China’s expat tax relief extension a ‘real victory’, could stem foreign talent drain as Beijing seeks overseas capital
Expats living in China will continue to enjoy tax waivers on rent, language training and children’s education as Beijing pushes to attract more foreign capital amid the overall economic slowdown.
Shenzhen Airlines Opens Second Service To Europe With Barcelona Route
A Shenzhen Airlines flight arrived at Barcelona-El Prat Airport (BCN) on Aug. 28, inaugurating the Chinese carrier’s service to Spain. Shenzhen Airlines will operate 2X-weekly flights between Shenzhen …
British foreign secretary flies into Beijing for first high-level summit in five years
Aug. 29 (UPI) –Britain’s top diplomat, James Cleverly, will touch down in Beijing on Wednesday on the first visit by a British foreign secretary in five years in an effort to kickstart a new approach…
Japan Says Its Embassy In Beijing Was Targeted With A Brick As Diplomatic Row Over Fukushima Waste Water Escalates
Japanese authorities confirmed Tuesday that a brick was thrown at their embassy in Beijing as tensions between the two Asian powers continued to simmer over Japan’s decision to release treated radioactive water from the Fukushima…
