The White House’s trade war with China over semiconductor chip manufacturing has begun to take a toll on companies worldwide as they navigate the growing web of industry restrictions.
Monthly Archives For August 2023
The West’s de-risking strategy towards China will fail, says Chris Miller
The West shifted away from the tougher “decoupling” rhetoric and towards de-risking and “economic security” for two reasons. First, hawks in Japan and America needed softer language to keep on board …
More than a million displaced as China’s Hebei region reels from record rains
More than a million people have been relocated from their homes in China’s Hebei province following deadly flooding earlier this week, according to state media, as officials warned it could take a month for the…
Tourists aren’t going back to China – and that’s another problem for its stuttering economy
Just 52,000 people arrived on visits organized by travel agents in the first quarter of the year, The Wall Street Journal reported.
China’s policymakers keep investors waiting, but give liquidity assurance
Liquidity in China’s banking system would be kept reasonably ample, an official said during a press conference by the state planner on Friday that left investors dismayed by slow roll out of support for an…
The Chinese town engulfed by a flood to save Beijing
“China’s flood control network has a pecking order of protection giving priority to big important cities like Beijing, Tianjin and Shanghai, with the lowest order of importance being rural areas.
Forget American meritocracy. China’s scary spying system is already here
Forget American meritocracy. China’s scary spying system has already invaded the US. That nation’s insidious social credit system threatens all of your freedoms.
Exclusive: China, Saudi in talks for ETF cross-listings to bolster financial ties-sources
China and Saudi Arabia’s stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other’s bourses, three sources familiar with the matter said, as the countries look to deepen financial ties…
Chinese property stocks surge after central bank vows more support for private businesses
Hong Kong-listed shares of real estate developers like Country Garden Holdings, Longfor Group Holdings, and China Resources Land were some of the top gainers on the Hang Seng index. Longfor gained as much as 8.19%…
China’s central bank conducts 2-bln-yuan reverse repos
BEIJING, Aug. 4 (Xinhua) — China’s central bank conducted 2 billion yuan (280.04 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.9 percent Friday. The move is aimed at keeping liquidity…
China’s economy to maintain stable, positive trend in H2: official
The Chinese economy will maintain its stable and positive trend in the second half (H2) of this year, following a sustained recovery in the January-June period, an official said Friday.
China’s Huawei’s handset business making a comeback, executive says
Huawei Technologies’ (HWT.UL) handset business is “on the road to a comeback” the head of the company’s consumer business Richard Yu said in his keynote at the company’s annual developer conference in the southern city…
China Mobile, China Unicom Dispatch Drones to Restore Communication in North China
(Yicai) Aug. 4 — Major Chinese telecoms carriers China Mobile and China Unicom have sent drones, aerial base stations, and other technologies to the country’s northern regions affected by typhoon …
