For the second time in just over two months, Country Garden has warned investors that it could default on its $190 billion debt in a reminder that China’s real estate crisis is far from over.
Monthly Archives For October 2023
Why brands need to pay attention to China’s proposed ban on ‘offensive attire’
China has proposed a law that would ban clothing that “hurts the feelings of the Chinese nation.” Should brands start treading lightly?
US Senate Leader Tells China’s Xi US Wants More Equitable Business Relations
Chuck Schumer, who was part of a bipartisan US congressional delegation that met with Xi Monday, also said he wants Beijing to take action to curb the flow of fentanyl
US senators hopeful for preliminary talks with China on fentanyl crisis during Beijing visit
A delegation of U.S. senators on a visit to Beijing made progress on initiating government discussions with China regarding its involvement in the U.S. fentanyl crisis.
WM Motor is the latest startup to file for bankruptcy in China’s booming but saturated EV market
After an eight-year run and a reign as one of the highest funded EV startups in all of China, WM Motor and its brand Weltmeister have filed for bankruptcy. Today’s news puts a bookend on…
China Remains on UN Human Rights Council Despite Opposition
China was one of 15 members elected to the UN Human Rights Council by secret ballot Tuesday morning, granting it a second term despite deep and well-documented concerns over its human rights record, …
China’s Tech Outreach in the Middle East and North Africa
and China Unicom have constructed, upgraded, or acquired ownership stakes in at least nine other cables traversing MENA. Meanwhile, companies like Shenzhen-based Beijing Genomics Institute (BGI …
China discovers never-before-seen ore containing a highly valuable rare earth element
A new ore, dubbed niobobaotite, was discovered in Inner Mongolia’s Bayan Obo deposit and contains the rare earth element niobium — a valuable metal that acts as a superconductor and could …
The Tiny Islets That Could Spark a US-China War
China’s heavily armed coast guard cutters continue to swarm the Japan-controlled Senkaku Islands, a group of uninhabited islets the United States is treaty-bound to defend.
Micron to attend China’s import fair, as chipmakers cling to Chinese market despite US bans
Embattled US chip giant Micron Technology plans to participate in China’s major import fair scheduled for early November in Shanghai for the first time, according to a media report on Tuesday, …
Schumer meets with China’s Xi, expresses disappointment Beijing hasn’t condemned Hamas
Senate Majority Leader Chuck Schumer met with Chinese President Xi Jinping Monday, part of a visit by six senators looking to improve relations between the U.S. and China. During the meeting, Schumer …
Sri Lanka, EXIM Bank of China reach pact
Channel News Asia: he Export-Import Bank of China reached a preliminary agreement with Sri Lanka last month on the disposal of China-related debts, – Get the latest breaking news and top stories from …
Broken U.S.-China Science Cooperation Needs Repair, Not Persecution
Jimmy Carter with Chinese leader Deng Xiao Ping signing an agreement for cooperation between China and the United States on science and technology, Washington, DC, January 1979. Credit: Chuck …