“It is banned in the US, and a major part of Europe has banned Chinese technology.” South Africa has a close relationship with China, its largest trading parter and will host it together with other…
Monthly Archives For August 2023
Beijing tells Philippines to remove grounded warship from disputed South China Sea reef after latest clash in long-running territorial dispute
Beijing has urged the Philippines to remove an “illegally” grounded warship from a reef in the disputed Spratly Islands after an incident over the weekend where Chinese coastguard ships fired water …
Surprising British and Western brands owned by China
Chinese companies have been buying up Western brands for years, whether grabbing big names going through tough times or investing in foreign technology. As the world battles to bounce back from the …
China Relaxes Rules for On-Arrival Business Visas
New measures will make it easier to obtain a China business visa on arrival for urgent and short-notice travel.
HSBC senior official apologises for saying UK ‘weak’ over China
LONDON, Aug 7 (Reuters) – HSBC’s head of public affairs has apologised after reportedly saying that Britain had been “weak” for going along with U.S. demands to curtail business dealings with China. Sherard Cowper-Coles, a…
3 Asian countries still have Covid-19 entry requirements in August 2023 – here’s which ones
While most countries in Asia have now dropped Covid-19 entry requirements, mainland China, Myanmar and Iran are holding out – here are their respective rules Some countries that have dropped measures …
China innovation hub Shenzhen poised to lead economic-rejuvenation drive with 55-point plan
With a raft of measures to lure investors and modernise China’s innovation hub, Shenzhen’s policymakers are moving to counter trade protectionism and tech decoupling Between Washington’s tech siege …
Huobi Exchange Sees Heavy Outflows Amid Insolvency, China Investigation Rumors
Huobi saw a staggering $64 million worth of outflows over the weekend, which resulted in the exchange’s total value Locked (TVL) nosediving to 2.5 billion from its $3.09 value last month, based on the …
China Foreign Investment Gauge at 25-Year Low Amid High Tensions
One measure of new foreign investment in China fell to the lowest level in 25 years in the second quarter, fueling concerns about how much geopolitical tensions and the economy’s slowing recovery can hurt business…
High-tech contributes hugely in Doksuri rescue missions
Technologies like drones, emergency telecommunication vehicles and satellite phones have all played a vital role in the process of rebuilding the rescue communication “lifeline” of the major …
Banking on the mainland
When China announced the country’s surprise reopening in January, every business sector in Thailand responded enthusiastically to the news, particularly the tourism industry, which earned more than …
A sports star. An actor. Now a top diplomat: Why do China’s public figures keep disappearing?
Alibaba billionaire Jack Ma has rarely been seen in public since he criticized China’s financial regulators. Qin Gang, one of China’s most powerful diplomats, disappeared in late June. Sometimes the …
China’s exports likely contracted further in July, imports downturn seen slowing
BEIJING: China’s exports likely contracted further in July, as manufacturers in the world’s second-largest economy struggled for buyers in markets grappling with high inflation and rising interest …