China’s military said Monday that a U.S. warship had “illegally” entered waters near the Second Thomas Shoal, a disputed atoll in the South China Sea.
Monthly Archives For December 2023
Pressure Is Building in China’s Financial Plumbing
Signs of indigestion in China’s money markets are an ominous sign—particularly given shadow-bank troubles and enormous government debt.
Five New Home-Grown Covid-19 Jabs Are Approved for Emergency Use in China
(Yicai) Dec. 4 — Five Chinese jab makers said that their newly developed Covid-19 vaccines, mainly used against the XBB Omicron subvariant, were approved for emergency use in China with the arrival …
after China reports mysterious illness, Europe sees rise in pneumonia cases
As China reports an unprecedented outbreak of a mysterious illness, Europe has witnessed a rise in pneumonia cases, with the officials in other countries also scrambling to take preventive measures …
The Philippines Accuses China of ‘Swarming’ Reef Off Its Coast. Here’s What to Know
China’s vessels have been increasingly resorting to so-called “gray zone” tactics in the disputed South China Sea.
Analysis-China’s big pig breeders dig in as losses and debts mount
The biggest pig breeders in China, consumer of fully half the world’s pork, seem to have bitten off more than they can chew.Big agribusinesses have elbowed their way into the sector and are rapidly …
China Evergrande Avoids a Debt Disaster—for Now
The company was given until late January 2024 to reach a debt restructuring deal after Hong Kong’s High Court postponed a hearing that could have pushed Evergrande into liquidation.
China Evergrande Avoids Liquidation With Yet Another Last Chance
With total liabilities of $327 billion, Evergrande has come to embody the liquidity crisis that has spread across the country’s vast real estate industry, which accounts for 25% of China’s GDP. Since …
US Commerce Secretary Urges Allies to Unite Against China’s Export Control Evasion
U.S. Secretary Raimondo warns against China’s “threat” Need a multilateral approach like Qualcomm. China expands production and increases reserves. Pushing for amendments to …
US Moves To Cut China’s Electric Vehicle Power
China exports more than 80 percent of the world’s solar cells as well as half of all lithium-ion batteries consumed annually, according to an analysis last month by the London-based nonprofit China …
China’s big pig breeders dig in as losses and debts mount
bucking Western firms’ derisking trend 5:54 AM UTC Chargedcategory Tesla’s China-made EV sales skid 17.8% on year in November 8:56 AM UTC The Netherlands faces a legal challenge on Monday over …
Beijing accuses US navy of ‘illegally’ entering South China Sea territory
China has claimed that a US naval ship has “illegally intruded” its South China Sea territorial waters.
US Navy responds after China claims American warship ‘illegally intruded’ into the South China Sea
The Chinese military and the United States traded comments after China accused an American warship of violating its sovereignty in the South China Sea.
