For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad. Sometimes, they’re responding to the lure of China’s potential. Other times, it’s the alienation they…
Monthly Archives For September 2023
China’s Central Bank Makes Huge Liquidity Injections Into Open Market
People’s Bank of China conducted a 169 billion yuan 7-day reverse repurchase operation today, with a winning bid rate of 1.80%, the same as before.
Hopes for Bitcoin Heightened as China Suffers Worst Capital Flight in a Long Time
China suffers the worst capital flight in years due to the depreciation of the Chinese Yuan currency resulting in expectation from BTC.
China Doesn’t Take Us Seriously on Tech | Opinion
China’s tech sector poses an existential threat to America’s national security. Both the Trump and Biden administrations made combating it a priority.
Opinion: In Xi’s China, all the major characters keep disappearing
China is increasingly looking “like the stage of a sinister mystery play, with major characters disappearing from view, and government officials acting like nothing unusual is going on,” writes Frida Ghitis.
Xinhua Silk Road: China services trade fair provides huge opportunities for global businesses
As one of the world’s largest and most comprehensive fairs for trade in services, the CIFTIS has demonstrated China’s active role in working with other countries to promote trade in services and drive global economic…
Another top Silicon Valley investor is splitting off its China business as pressure mounts
GGV Capital, a prominent Silicon Valley venture capital firm, has become the latest big investor to break up its US and China operations into separate companies as tensions between the two countries …
Apple’s iPhone 15 launches in China with people flocking to stores despite market worries
People flocked to an Apple store on Friday to pick up the latest iPhone, despite market worries that nationalistic fervor would dampen the U.S. company’s sales in China.
China relaxes capital controls to entice badly needed foreign investment
China is allowing foreigners in Shanghai and Beijing to move their money freely into and out of the country, in a significant move toward relaxing its strict capital controls as it tries to woo …
Biden’s IRA drives surge in US imports of Chinese used cooking oil
U.S. incentives to boost consumption of more environmentally friendly fuel has created a new market for used Chinese cooking oil, worth almost $390 million in the last 12 months and growing rapidly, China’s customs data…
US venture capital firm GGV Capital to separate China business amid geopolitical tensions
Its Asia partnership, headquartered in Singapore, will focus on China, South-east Asia and South Asia. Read more at straitstimes.com.
Asian Games Diary: The intriguing story of China’s homegrown mobile apps
Baidu’, China’s answer to Google, is one of the most popular search engines across the world..Asian Games Diary. China’. mobile apps. Hangzhou Asian Games. Asian Games 2022 …
China’s EU relations have downshifted, and cheap cars are driving the change
Amid mounting talk in Europe of ‘de-risking’ from China, coupled with the unstoppable rise of Chinese electric-vehicle makers, German carmakers may be losing their say in the EU’s economic policy.