At an economic policy speech on Monday, Republican presidential candidate Ron DeSantis repeatedly blamed China for sapping the United States of its financial strength, mentioning the nation no less than 11 times in 20 minutes.
Monthly Archives For August 2023
China to make holders of more than 1 mln users’ data get annual audits
China’s cyberspace regulator issued on Thursday draft rules requiring service providers that hold data on more than 1 million people to undergo at least one compliance audit a year, another step in efforts to control…
Column: Asia crude imports hit high as China, India gorge on Russian oil: Russell
Asia’s crude imports lifted to a record high in July as the top-importing region’s two biggest buyers, China and India, continued to take large volumes of discounted Russian oil.
China says it is willing to keep talking with US on foreign minister visit
China said on Thursday that it is “willing to maintain communications” with the United States on a possible future visit by Chinese Foreign Minister Wang Yi to Washington, D.C. The U.S. State Department said earlier…
China to make holders of more than 1 million users’ data get annual audits
China’s cyberspace regulator issued on Thursday draft rules requiring service providers that hold data on more than 1 million people to undergo at least one compliance audit a year, another step in efforts to control…
U.S. ‘concerned’ about China’s counter-espionage push
STORY: The ministry, the main agency overlooking foreign intelligence and anti-spying, in its first post on its WeChat account said China should encourage its citizens to join counter-espionage work,
CHINASOFT INT’L Secures Bid of China Mobile’s Operating System Migration Technology Service Project
CHINASOFT INT’L (00354.HK) announced that it has recently secured the bid for the “Cloud Capability Center 2023-2024 Provincial Branch Company Operating System Migration … CHINASOFT INT’L (00354.HK) …
Qualcomm anticipates layoffs amid macroeconomic uncertainties and risks in China
Qualcomm, the leading provider of mobile chips, gave a cautious revenue outlook for the current period, suggesting that the demand for mobile devices is still subdued. Qualcomm said its reliance on …
China’s central bank conducts 3-bln-yuan reverse repos
BEIJING, Aug. 3 (Xinhua) — China’s central bank conducted 3 billion yuan (422.54 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.9 percent Thursday. The move is aimed at …
China’s household debt creeps upward, approaching warning line of International Monetary Fund
Excessive levels of indebtedness and slow income growth among Chinese residents are constraining consumption, but China’s Politburo is hoping domestic demand will boost economy Given the debt stress, …
China’s IPO Market Seen Cooling as Beijing Targets Liquidity
China’s domestic market for initial public offerings, the world’s busiest since last year, is showing signs of cooling as Beijing seeks to slow offerings to boost liquidity.
Floods test China’s disaster-response systems as emergency level raised
China’s disaster-response systems are being put to the test as floodwaters from record rainfall could take weeks to recede with thousands of people still unable to return to their homes, state media reported on Thursday.
China exports: US, EU de-risking isn’t going away, ‘the worst is yet to come’
China is shipping fewer goods than it has since the onset of the pandemic, and exports could remain suppressed for years amid a global supply-chain upheaval.
