One of China’s leading investment banks, China International Capital Corp. (CICC), has issued a directive barring its analysts from making bearish market calls and showcasing their affluent lifestyles …
Monthly Archives For November 2023
China’s Economy Is Stuck in a Vicious Cycle
The country’s economy is caught between wary households and wobbly property firms, with no clear escape route.
One of China’s biggest bitcoin mining companies now headquartered in Akron near Goodyear
BIT Mining once ran the largest data center in the world. Now it’s headquartered in Akron, mining cryptocurrency with 83 megawatts at its disposal.
China EV maker Zeekr puts U.S. IPO on hold – sources
Zeekr, the premium electric vehicle (EV) brand of Chinese automaker Geely, has put its U.S. initial public offering (IPO) on hold because of a mismatch in valuation expectations, two sources with …
Doctor Describes China’s Overwhelmed Hospitals: “Verge of Collapse”
Amid the recent surge in respiratory illnesses in northern China, one doctor has estimated the hospital where she works received two to three times as many daily patients as in the COVID-19 …
Beijing’s New Plan to Boost the Service Industry and Attract Foreign Investment
A new plan to boost the Beijing service sector outlines a host of tasks to improve the city’s investment environment and ease of doing business. Key measures targeting foreign investment include …
China trains children for ‘iron army’ in latest effort to create national ‘combat readiness’: report
Some parents in China send their kids to combat camps, where they can play with mock weapons and attack dummy soldiers — footage of which cause minor controversy on social media.
Hong Kong Looks On Nervously as China Respiratory Illnesses Rise
Health authorities in Hong Kong are watching a rise in respiratory illnesses in China closely, urging schools and the general public to take precautions as outbreaks on the mainland, particularly among children,
China controls the export of graphite products
China will implement optimized export controls on graphite products from Dec 1, and the measures do not target any specific country or region, the Ministry of Commerce said on Thursday. The Chinese …
Chinese EV Maker Zeekr Puts the Brakes on U.S. IPO
The electric-vehicle unit of China’s Geely Automobile has postponed a planned IPO in the U.S. Zeekr wanted to list its shares before the end of this year but has now decided to wait, according to…
Beijing and Hong Kong condemn US committee for backing bill that could lead to shutdown of city’s representative offices in country
Beijing warns US to ‘step back from edge of cliff’ over what is says is clear interference in Hong Kong and mainland Chinese internal affairs.
China’s stealth submarine sparks new fears over Taiwan invasion as Xi Jinping ‘bolder’
China may have developed a submarine with stealth technology able to give the country an edge should it attempt to invade Taiwan.The distinctive shape of the sides of the sail on the latest Type 039C…
Bank watchdog warned Hunter Biden got China cash in 2018 for ‘no services rendered’: email
The House Oversight Committee released the internal bank communication as Republicans prepare for a vote to authorize an impeachment inquiry.