An Australian think tank says Beijing has increasingly targeted its South Pacific political allies with its shrinking aid budget as interest wanes in Chinese credit and competition grows with the United States for influence in…
Monthly Archives For October 2023
China fetes American veterans of World War II known as ‘Flying Tigers’
The visit is the latest in a small but expanding series of exchanges ahead of a possible meeting between Presidents Joe Biden and Xi Jinping next month.
China economy ‘contagion’ warning with borrowers on ‘life support’ after bank’s £576m loss
The UK-based bank had made a “thumping loss on a flagship investment”, said British tax consultant Bob Lyddon.
China set to cancel ‘black code’ requirement at border ports, removing barriers to customs clearance
Starry Lee Wai-king, a Hong Kong Special Administrative Region’s (HKSAR) deputy to the Standing Committee of the National People’s Congress, quoted the General Administration of Customs of China as saying that the cancellation of the…
Hong Kong tourism chief says lifting health declaration unlikely to create dramatic surge in cross-border travel to mainland China
Tourism minister Kevin Yeung says mainland authorities’ decision to scrap ‘black code’ for entry is unlikely to cause a dramatic rise in Hongkongers heading north.
China’s cyberspace regulator summons Alibaba’s Quark, Netease CC over vulgar content
China’s cyberspace regulator on Monday fined the Alibaba-owned Quark platform 500,000 yuan ($68,342.42) for hosting and promoting vulgar content.
China military says Philippine boat ‘illegally entered’ waters near Scarborough Shoal
China’s military said on Monday that a Philippine vessel “illegally entered” waters near Scarborough Shoal without authorisation and it urged the Philippines to immediately stop its provocations.
How 3 stocks tied to China’s economy are navigating its uneven post-Covid recovery
This paints a fuzzy picture for our stocks that generate lots of revenue in China — Estee Lauder (EL), Starbucks (SBUX) and Wynn Resorts (WYNN) — as they get ready to report their quarterly results.
Ex-TSMC exec says US cannot stop China from improving its chips
The recent escalation of tensions between the United States and China has led to a cold war of sorts, with the US attempting to restrict China’s access to critical technology, particularly …
G7 has patent on hypocrisy and economic coercion: China Daily editorial
The G7 club of Western countries is good at justifying itself. The trade ministers’ disingenuous claim that the G7 is opposing “economic coercion” being a prime example of this. To quote the remark of a…
China Lifts NFT Ban: What Does This Mean for the Crypto Industry?
This move signals that China is softening its stance on NFTs and allowing some experimentation and innovation in the space.
China’s Top Car Brand BYD Confirms Record Quarterly Profit
BYD Co., China’s top-selling car brand, reported a record quarterly profit Monday, rounding out its best period ever for electric vehicle sales despite a sectorwide slowdown.
Mike Ashley’s Frasers sells fashion brand Missguided to Chinese firm
Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley’s Frasers, the e-commerce giant’s first purchase of …
