Foreign investors have been relentlessly selling China’s onshore equities into the new year as traders grow impatient over the lack of stronger policy support for the country’s economy and stock market.
Monthly Archives For February 2024
1,000 days in space! Core module of China’s Tiangong space station hits milestone
The core module of China’s Tiangong space station has passed the milestone of 1,000 days in low Earth orbit.China launched the 54-foot-long (16.6 meters) module — named Tianhe, or “Harmony of the Heavens” — on…
US says it broke up China-backed infrastructure hacking op
US authorities said Wednesday they had dismantled a network of hackers known as Volt Typhoon, which was targeting key American public sector infrastructure like water treatment plants and transportation systems at the behest of China.
China Sets Ambitious Goals To Lead Global AI Race By 2027: Here’re Xi Jinping Government’s Plans
China announced its intention to become a global leader in AI infrastructure by 2027. The country’s Ministry of Industry and Information Technology (MIIT) has unveiled a policy document outlining key …
US says it blocked a China cyber threat, but warns hackers could still disrupt lives of Americans
“China’s hackers are positioning on American infrastructure … “The truth is that Chinese cyber actors have taken advantage of very basic flaws in our technology,” Easterly said. “We’ve made it easy …
4 Chinese citizens charged with helping Iran obtain U.S. technology for military use
Four Chinese nationals have been charged with providing U.S. technology to Iran, according to the Justice Department.
China and US vow closer cooperation in fighting America’s fentanyl crisis as drugs group begins its work
Washington said new working group’s first meeting in Beijing was a ‘good start’ but says ‘there’s a lot more work to be done’ in fighting illicit opioid trade.
87-year-old San Francisco resident moving back to China after being victim of multiple violent assaults
An elderly San Francisco resident is moving back to Guangzhou, China, this week following being assaulted multiple times while living in the U.S. city.
Why China’s economy is doing better than people think, says a former PBOC advisor
China could hit its target growth rate if it focuses on boosting fiscal and monetary support, a former PBOC advisor wrote in Project Syndicate.
Former CIA Director Leon Panetta warns China may use Michigan EV plant for espionage
A proposed electric vehicle battery factory being constructed by a Chinese firm in Michigan could be used for espionage, former CIA director Leon Panetta told lawmakers this week.
Starbucks says impacts of boycotts and China are ‘transitory.’ Some analysts ask: Are they really?
During Starbucks Corp.’s earnings call on Tuesday, executives said that the impact from a more cautious consumer in China, the deepening conflict in
China’s invitation to twisted ‘tea party’
China’s top intelligence agency has laid out 10 “conditions” that will cause authorities to voluntarily – and in some cases, involuntarily – bring someone in for questioning, known as “an invitation …
Elderly man returns to China after being attacked multiple times in San Francisco
An elderly Chinese man fell victim to multiple attacks — including one that occurred at the beginning of COVID-19 — in San Francisco has decided to return to China after deeming the city as no…