China is building security alliance with neighbours to help with extradition and crack down on cross-border crime, observers say.
Monthly Archives For December 2023
China’s leadership prioritises economic stability and investor confidence for coming year
President Xi Jinping uses Politburo meeting to call for efforts to attract foreign capital and boost trade, while countering negative views of the economy.
Apple moves production AWAY from China: A quarter of new iPhones to be manufactured in India as more companies reduce reliance on Beijing
Firms have become increasingly worried about their overdependence on China, fueled by diplomatic efforts by the US and its allies to block Beijing’s access to advanced technology. Last month it emerged Walmart had increased its…
ZKH Group Plans to Offer 4 Million ADSs in IPO
By Stephen Nakrosis ZKH Group said it was planning to offer 4 million American depositary shares, representing 140 million of its Class A ordinary shares, …
Viral plot twist: China’s pneumonia outbreak ain’t COVID 2.0
China has been tracking an outbreak of pneumonia cases among children that has seen thousands of daily hospitalizations in major cities.
China’s lunar base: major African nation joins Beijing’s international moon project
Analysts say China gains access to African space market and Cairo firms up relationship with Beijing while moving closer to having Egyptian walk on the moon.
Shenzhen businessman sentenced to life for $15.2 billion fraud
Zhou Shiping, chairman of Shenzhen Hongling Venture Capital Investment Co, has been sentenced to life imprisonment and lifetime deprivation of political rights for masterminding a fraudulent scheme …
US Senator Calls For Investigation Into ‘Sewage Garlic’ Imports From China
A US senator urged the government to investigate the national security implications of garlic imports from China.
US Ally’s ‘Christmas Convoy’ Sets Sail to Defy China’s Claims
The Philippines civilian convoy will pass through contested waters, under coast guard escort, as China doubles down on its claims about regional waters.
China sees surge in value of semiconductor-manufacturing equipment orders amid latest US export controls, as chip imports post mild recovery
China’s imports of chip-making equipment, the prime target of updated US tech export restrictions, totalled US$4.3 billion in October, up from US$2.4 billion in the same period last year.
Reasonable caution or hype? Concerns rise in U.S. over respiratory illness cases in China
The WHO was strongly criticized by some early in the COVID-19 pandemic for not taking swifter action to control the spread of the outbreak. However, the experts say what’s happening in China is more …
China’s Real Estate Challenges for Next 4-6 Years, Oxford Economics Warns
China may need 4 to 6 years to resolve its real estate crisis, says economist Louis Lu, citing oversupply issues and slow demand recovery.
Woman shelled out $100K in Staten Island parking lot in alleged China crypto scheme: Source
Zhenqiang Li, 33, of Dyker Heights, Brooklyn, was arraigned Wednesday in state Supreme Court, St. George, on charges that include third-degree grand larceny and criminal possession of stolen property …
