Nicholas Burns, the U.S. ambassador to China, said Friday that relations between the two countries are not necessarily improving, but that he remains “hopeful.” “I don’t feel optimistic about the …
Monthly Archives For December 2023
iPhone ban in China ‘accelerates’ across the country, report says
China started banning officials from using iPhones and other foreign technology within government agencies. A new report …
China pours trillions of yuan into money markets – and the US?
China, a key member of the BRICS alliance, has unleashed a colossal financial stimulus into its money markets. The People’s Bank of China (PBOC), in an unprecedented move, is infusing commercial …
Coherent’s Characterization Of Cutting Market In China As “Growth Opportunity”: Analyst Digs In
COHR reaffirmed its confident tone on the semi-cap business in F24, with expectations of double-digit growth driven by continued strength in front-end WFE that accounted for ~85% of COHR’s semi-cap …
China issues draft contingency plan for data security incidents
China on Friday proposed a four-tier classification to help it respond to data security incidents, highlighting Beijing’s concern with large-scale data leaks and hacking within its borders. The contin …
US-China relations are defined by rivalry but must include engagement, American ambassador says
The U.S. ambassador to China says the relationship between the two countries will be defined by strategic competition in the coming decades but most involve engagement when interests align.
Beijing’s Remedy For The Great Property Crisis Is Doomed To Fail.
After considerable dithering, Beijing has made its boldest effort yet to remedy China’s property/financial crisis. Mostly it just just kicks the can down the road..
‘Translucent’ creature with teeth on its back found in China cave. See the new species
Researchers identified the creatures by their “degenerated” color and “extremely long” beak, according to a study.
Pentagon BLOCKED from sending taxpayer dollars to Wuhan lab: Congress takes action in defense bill after $47 million was funneled into grants for ‘reprehensible’ animal …
Federal data reveals the Pentagon gave $47 million to EcoHealth Alliance, which funded animal experiments at a lab in Wuhan, China The Wuhan Institute of Virology is accused of being the source of …
China’s problems boil down to demand, derisking, demographics, and debt, economist says
China’s economic mess is being caused by “four D’s,” and the country’s leaders are going about solving the problem the wrong way.
Exclusive: China to run budget gap of 3% of GDP in 2024, issue special debt
Another key part of China’s overall fiscal stance is the bond quota local governments are allowed to issue, which is also outside the government’s budget. One of the sources said it could be close to…
Nearly a Tenth of World’s 500 Most Influential Brands Are Chinese
(Yicai) Dec. 15 — China has 48 of the World’s 500 Most Influential Brands, ranking third overall, behind the United States with 193 and France with 49, according to a new list.
Charged Up By New Investor BYD, BaTeLab Cleared For IPO
BaTeLab has been approved for a Hong Kong IPO, gaining momentum after selling 4.81% of its shares to BYD for 50 million yuan in June The maker of analog IC patterned wafers has been profitable…
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