China’s $64-billion shadow bank Zhongzhi crumbles! Investors in panic, economy braces for impact. Read this article to know more about this.
Monthly Archives For January 2024
US biotech company halts sales of DNA kits in Tibet, as lawmakers mull more export controls on China
Thermo Fisher, an American biotech company, has halted sales of its DNA testing products in Tibet, amid concerns that its products might have assisted the Chinese government in a surveillance campaign …
China promises pandas for the U.S. on the 45th anniversary of the two nations’ ties
Chinese Foreign Minister Wang Yi said the United States and China must insist on peaceful coexistence and promised that giant pandas would return to the U.S. — specifically California — by year end.
China to investigate EU brandy imports in new anti-dumping probe
China is launching an anti-dumping probe into imports of brandy from the European Union, a move which follows the bloc’s trade inquiry into Chinese electric vehicles. View on euronews …
Donald Trump’s China Remarks Come Back to Haunt Him
According to Democrats on the House Oversight Committee, during Trump’s presidency “he received at least $7.8 million from 20 governments.” …
China’s ‘king of software’, Wang Wenjing, steps down as president of enterprise management systems firm Yonyou amid mounting losses
Tech billionaire Wang Wenjing, who was once known as China’s “king of software”, has stepped down as … ERP refers to software designed to automate business processes, as well as provide insights and …
Beijing’s dilemma if DPP wins Taiwan presidential election: what level of response?
After threats, missiles, fighter jets, charm offensives, temporary blockades, trade restrictions and cyber campaigns, the mainland might expand its playbook even further.
Giant pandas set to return to California in 2024, China’s foreign minister says
Chinese Foreign Minister Wang Yi announced at an anniversary banquet that giant pandas would return to the U.S., specifically California, by the end of the year.
Chinese shadow bank Zhongzhi files for bankrupcty
The worsening woes at Zhongzhi, a major player in China’s $3 trillion shadow banking sector — roughly the size of the French economy — add to worries that the country’s property debt crisis is …
Tesla recalls over 1.6 million EVs exported to China to fix automatic steering, door latch glitches
The recalls follow a recall in the U.S. last month of more than 2 million of Tesla EVs to improve its system for monitoring drivers.
U.S. invented shopping malls, but China is writing their next chapter
These centers look familiar to American eyes, which isn’t surprising: U.S. architectural firms built 170 malls in China during this period. Like their U.S. counterparts, many Chinese malls have fallen …
China calls for peaceful coexistence and promises pandas on the 45th anniversary of U.S.-China ties
China’s foreign minister says the United States and China must insist on peaceful coexistence and transcend their differences like they did when they established diplomatic relations 45 years ago this week.
China launches anti-dumping probe into European Union’s brandy makers
China launched an anti-dumping probe Thursday into European Union brandy exporters after a preliminary inquiry found their products dominated its multi-billion dollar market and could be unfairly disa …
