The National Day and Mid-Autumn Festival holiday period has sparked a flurry of activity, and consumption and tourism have reached multi-year highs. But time will tell whether the boom is sustainable …
Monthly Archives For October 2023
China’s smartphone market rides an 8-month slump, but Huawei’s release of new 5G handsets offers hope for rest of year
China produced 679 million smartphones from January to August this year, down 7.5 per cent from the same period in 2022, according to data from China’s Ministry of Industry and Information Technology.
“It is foolish to think we could ever remove our dependence on China”: Livent CSO
While the EU has launched financial incentives to build EV batteries domestically, China has an edge in existing processing and refining capacity.
China’s Golden Week Holiday Spending Per Capita Tops Pre-Covid Levels
Chinese holidaymakers’ spending surged during this year’s eight-day Golden Week holiday, beating pre-pandemic levels.
Former U.S. Soldier Is Accused of Trying to Give Classified Secrets to China
Joseph D. Schmidt, who served in a military intelligence battalion, had access to classified information. He was arrested this week in San Francisco after living in Hong Kong since 2020.
Evergrande crisis tests Beijing’s fallout management as creditor jitters mount
As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening to rescue what was not too long ago considered one of the country’s “too big…
Is Asia About To Crack Down On Crypto?
A growing concern over the use of cryptocurrency in facilitating cybercrime and money laundering has prompted multiple Southeast Asian nations …
Typhoon Koinu approaches southern China, Hong Kong after Taiwan sees record-breaking winds
A typhoon is advancing towards southern China and Hong Kong after unleashing record-breaking winds and causing one fatality in Taiwan.
Citrus fruits originated in China, new study suggests
A new genetic analysis indicates that citrus fruits originated from China. Citrus genus origin: While various citrus fruits are widely available today, it has been unclear where their oldest ancestors evolved.
The NBA won’t just quit profiting off of China’s genocide and slave labor
Members of Congress are urging the NBA to sever ties with Chinese companies that use slave labor to make NBA-branded merchandise. It should come as no surprise that the NBA will ignore them and …
China, Vietnam prepare for possible Xi visit to Hanoi in next month, sources say
Vietnamese and Chinese officials are preparing for a possible visit from President Xi Jinping to Hanoi at the end of October or early November, on the heels of U.S. President Joe Biden’s trip in September,
China’s Warplanes on Track To Buzz Taiwan in Record Numbers
Beijing claims Taiwan as part of its territory, and Chinese President Xi Jinping has repeatedly stated that the island’s eventual absorption is a top priority.
Is China really dumping Treasury bonds and sending yields higher? A former US official explains the mystery
A large swath of China’s US bond holdings are not accounted for in official Treasury data, Brad Setser wrote for the Council on Foreign Relations.
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