South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida have since taken steps to mend ties and in August held a historic trilateral summit with U.S. President Joe Biden, where the three…
Monthly Archives For September 2023
The China Dilemma: Should Law Firms Call It Quits?
U.S. leaders are finding it harder to justify substantial presences in China. Within two months, three international law firms announced they would be scaling back their business operations in China. Latham & Watkins decided to…
‘Businesses questioning future in China’
The EU’s trade chief, Valdis Dombrovskis, has raised concerns about the tough security laws and politicized business environment in China, which are leaving European companies uncertain about their obligations and future in the country.
Imax Defends $124M China Buyout Against Investor Opposition
Canadian investment fund Letko Brosseau said it will vote against Imax picking up a remaining 28.5 percent stake that it does not already own in the Shanghai-based unit trading on the Hong Kong Stock …
How many ‘vacant homes’ does China have right now? A former statistics official has an eye-opening prediction
China’s housing oversupply is far worse than previously reported, the country’s former statistics bureau deputy head says.
China Gets Tough on Insider Selling to Arrest Market Slump
Chinese regulators have taken a novel approach to prop up the country’s faltering stock market by banning many companies’ biggest shareholders from selling.
U.S. business optimism about China outlook falls to record low – survey
Political tensions and a slowing economy are sapping the confidence of U.S. businesses operating in China, with the number of companies optimistic about their five-year outlook falling to a record low,
Coal mine fire claims 16 lives in southern China despite industry safety improvements
A coal mine fire in southern China resulted in the loss of 16 lives on Sunday, as reported by local authorities. The incident occurred at the Shanjiaoshu coal mine located in Panguan.
Almost 320 scholarships pulled at Florida private school over ‘direct ties’ to Communist China
Unless Park Maitland School successfully appeals its suspension from Florida’s school voucher programs, nearly 320 of its students will not be able to use state scholarships to help pay tuition at the …
Biden Hosts Pacific Islands, With a Rising China in Mind
The event at the White House was part of an administration effort to deepen ties with a string of small but strategic nations.
China says it will continue to provide for firms from all countries to operate legally in it
China will continue to provide opportunities for all enterprises from all countries to operate legally in China in a market-oriented, legalised business environment, the Chinese foreign ministry said on Monday.
Business and trade tensions with China back in the spotlight
Travel restrictions on a senior Nomura banker and a warning from the EU’s trade chief about “new areas of concern” have once again highlighted business tensions between China and the outside world, while western companies…
More direct China-US flights on the horizon, but return to 2019 traffic far more distant
Airlines in China and the US are preparing for an increase in their direct routings, but the likelihood of a rapid return to 2019 levels of service is vanishingly small.
