China’s central bank said in February it was disinfecting and isolating used banknotes using UV lights in its efforts to combat the coronavirus. Banks use ultraviolet light or high temperatures …
Monthly Archives For August 2023
The ‘curse of 35’: In China, millennials are already too old for some employers
When Han lost her job as an interface designer in Beijing in February, she figured her 10 years of experience meant she wouldn’t need to look long for alternative work.
Finance chief: Blacklisting Chinese contractors to affect PH economy
Senate President Migz Zubiri wants Chinese contractors blacklisted from the country’s infrastructure projects as Beijing’s actions in the West Philippine Sea escalate. But as Eimor Santos reports, …
U.S. Commerce Secretary Gina Raimondo to talk tech on China visit
U.S. Secretary of Commerce Gina Raimondo is visiting China this weekend with technology is expected to be the prime topic as a long-standing tech agreement between the two countries is set to expire.
Arm IPO: 5 things to know about the chip designer central to the AI transition
It’s not the U.K.-based chip designer’s first rodeo in the public markets, but the tech world has changed a lot in the past seven years.
Nearly 2 million excess deaths after China ended ‘zero-Covid’: study
“Our study of excess deaths related to the lifting of the zero-Covid policy in China sets an empirically derived benchmark estimate,” the researchers wrote. “These findings are important for …
China’s richest people are leaning hard into quiet luxury, wielding stealth wealth like a weapon and scorning their flashy, label-chasing peers
Loud luxury and flashy displays of wealth are out, quiet luxury and steal wealth are in, and China’s richest people have got the memo.
China Remains Embedded in US Supply Chains: Jackson Hole Paper
(Bloomberg) — China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve …
How high tensions between China and the U.S. are impacting American companies
Commerce Secretary GIna Raimondo is set to travel to China at a time when U.S. executives and investors are facing increasing uncertainty and risk doing business there.
China’s slow-moving economic disaster
That engine, for now, looks to have stalled out.That creates a new suite of problems for its trading partners and new geopolitical risks.What’s happening: Instead of the robust bounceback much of the …
Interview: China’s new measures offer broader opportunities for foreign investment
Some measures encourage foreign investment to participate in China’s innovation drive, allow new foreign products, especially those in the healthcare sector, to enter the Chinese market faster, and …
Will China’s Electric Vehicle Dominance End?
China’s economic woes and geopolitical missteps have invited many foreign companies to move against Chinese EV companies, once thought unassailable.
China’s $18 trillion economy has indigestion—and the factory of the world could export its deflation and growth problems globally
“If you get a scenario where China is really in crisis and exporting deflation, I can see where that actually filters through the United States,” said an international economist at Wells Fargo.
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