Chinese officials said that the new US chip restrictions contradict fair trade principles, while immediate response from vendors is muted.
Monthly Archives For October 2023
China Accounts for 82% of World’s Durian Imports in 2022
China imported 825,000 tons of durian last year, with nearly 95 percent coming from Thailand, statistics from the General Administration of Customs showed. Imports reached 787,000 tons in the first …
In the News: US Reinforces Chips Export Controls; Brokers’ Offshore Trading Ban; and Court Denies Crypto Lending
U.S. further restricts export of chips to curb China’s technological advancement; China bans domestic brokerages from offshore trading in order to stabilize its currency; and Chinese court continues t …
From Russia to the Middle East: Why China can’t afford another big conflict
Over the last year, Beijing has increased its energy investment in the Middle East. In April, China Petroleum & Chemical Co (Sinopec), the world’s largest oil refining and gas conglomerate, bought a …
China seeking quick end to Israel-Hamas conflict – Xi
China wants the Israel-Hamas war to be stopped as soon as possible, President Xi Jingping was quoted by Chinese state media as saying on Thursday, adding Beijing was willing to work with Arab …
China GDP: economic resilience questioned as property cloud lingers, even with 2023 growth target in sight
China’s economic recovery regained mild momentum in the third quarter, and despite real estate investment falling, it raised hopes the world’s second-largest economy will hit its 2023 gross domestic …
Xi Says Green Projects Will Anchor China’s Overseas Spending
In response, President Xi Jinping pledged to implement green investment standards to his signature development finance initiative, now officially entering its 11th year. Vice President Han Zheng said …
China’s 8 Steps To Boost Economies
Chinese President Xi Jinping has announced that 350 billion Yuan will be earmarked to boost the economies of developing countries, and he unveiled eight new …
No more Nvidia RTX 4090 GPUs for China after new US export ban
The US Department of Commerce has announced new export restrictions on a range of Nvidia GPUs, with the focus primarily on preventing shipments to China. Predictably, the list of chips acquiring …
China marks ten years of Belt and Road Initiative
BRI form took place in Beijing as the US escalates the NATO war on Russia in Ukraine and has thrown its full support behind Israel’s genocidal war on the Palestinian population of Gaza.
Country Garden, Facing Debt Deadline, Says Executives Have Not Left China
The company, one of China’s biggest property developers, took the unusual step of stating that the company’s founder and its chairwoman were “working normally.” …
China’s Xi Jinping warns against decoupling, lauds Belt and Road at forum
Chinese President Xi Jinping warned against decoupling from China as he addressed the Belt and Road Forum in Beijing on Wednesday.
How Xixi Pictures Is Tapping Into Tales of Contemporary China
Historical fantasies continue to attract a global audience but Chinese content-makers are expanding their horizons: “The diversification and caliber of Chinese series are flourishing.” …