While reiterating Washington seeks not to decouple from Beijing, treasury secretary outlines strategy to expand trade in the Indo-Pacific Ensuring national security and advancing human rights form …
Monthly Archives For November 2023
Starbucks CEO targets growth in China after years of slowdowns from Covid restrictions
Starbucks CEO Laxman Narasimhan spoke with CNBC’s Jim Cramer on Thursday after the coffee giant reported its fourth-quarter earnings, which beat Wall Street expectations. Narasimhan detailed the …
DLA Piper ‘Very Comfortable’ Operating in China Amid Tensions
DLA Piper is not souring on the China market despite escalating geopolitical tensions and a security clampdown in Beijing, according to the law firm’s leader Frank Ryan.
Apple Sales Decline as China Market Weighs on Earnings Report
Sales fell for the fourth straight quarter, including a decline in China that came as the company faces a broad economic slowdown in the country and new competition from rival Huawei Technologies.
Apple Warns of Sluggish Holiday Quarter After China Slowdown
“The sales miss in China is discouraging and could have been caused by soft … In one potentially ominous sign, Qualcomm said that its smartphone chip business saw a 35% increase from Chinese phone …
Bizarre blip: Cases of fetuses with flipped organs quadrupled in China
Without supporting evidence, the doctors speculate it could be tied to a surge in COVID-19 cases, which began at the end of 2022 when China abruptly lifted its zero-COVID policy. The subsequent wave of COVID-19…
CHINA UNICOM (00762.HK) Plummets Over 5% Post-results
CHINA UNICOM (00762.HK) opened 0.2% higher today (25 Oct) but sell orders surfaced following the results announcement. It now trades at $4.99, down 5.31%, with a volume of 31.752 m… CHINA UNICOM …
China’s Shenzhou 16 astronauts apparently landed with a ripped parachute (photo)
China Central Television (CCTV) aired video of the descent of Shenzhou 16 on Monday (Oct. 30) as the crewed spacecraft returned to Earth following five months in orbit docked with the Tiangong space …
UPDATE 3-Key China gathering sees bigger role for Communist Party in finance
China will step up the Communist Party’s leadership of its $61 trillion finance industry and strengthen efforts to reduce local debt risks, state media reported, citing a key twice-a-decade financial …
China Joins West To Talk AI Rules Amid Tech Rivalry
C hina joined Western world leaders at a major conference to voice concerns about the threat posed by artificial intelligence (AI). The U.K. is hosting the AI Safety Summit at Bletchley Park, where …
Reflexively Stopping U.S. Trade With China Serves No Purpose
The U.S. is right to limit Chinese companies’ access to militarily sensitive equipment, but construing this to limit trade in nonsensitive sectors harms the U.S. economy.
China to use blockchain for cross-border payments
China is set to revolutionize the way cross-border payments are managed by integrating blockchain technology into the heart of its financial transactions. This groundbreaking approach is not just a …
Sales soar on Singles Day shopping gala
Beijing: Sales boomed on the opening day of the extended Singles Day shopping extravaganza that kicked off at 8pm on Tuesday, with high-quality products and livestreaming sessions proving popular …
