Fears that ASML’s computer chip equipment will be used for Chinese military ends underlie recent government decisions to deny the company export licences …
Monthly Archives For February 2024
Dutch government minister talks about China’s military advantage — May point to stricter sanctions in the future
Although the Dutch government banned exports of some of ASML’s most advanced deep ultraviolet (DUV) lithography tools to China, the company still ships lithographic systems worth tens of billions of …
China slams US, EU protectionist moves against nation’s rising auto exports
China slammed US and EU’s protectionist actions against Chinese car exports on Tuesday, saying that China’s car exports offer global consumers high-quality, cost-effective products and contribute to …
China’s Economy Under Fire – Demographic Shifts and Consumer Crisis in the Dragon’s Year
Amid demographic change and shrinking consumption, the world’s second-largest economy is grappling with stability and growth.
China’s Wang Yi reminds us he is an awful chief diplomat
Not Wang Yi. Speaking at the Munich Security Conference in Germany this weekend, China’s foreign policy chief sought to remind us just how bad a diplomat he is.
China’s auto exports soar 47.4 pct in January
BEIJING, Feb. 20 (Xinhua) — China’s automobile exports jumped 47.4 percent year on year in January this year, industry data showed. A total of 443,000 vehicles were exported during the period, …
Lantian Takes Swipe At IPO, But Slow Growth May Dampen Its Prospects
Lantian Group has filed to list in Hong Kong, reporting its profit rose 13.8% year-on-year in the first nine months of 2023 to 44 million yuan The company is still a relative baby in China’s…
US Warns of Possible ‘Miscalculation’ As China Ramps Up Pressure on Taiwan
Observers in Taiwan say Beijing means to use the Chinese coast guard as another tool to pressure the government in Taipei, including by rejecting the existence of “prohibited” or “restricted” waters …
China’s central bank cuts benchmark lending rate for the first time since June
The People’s Bank of China cut the five-year loan prime rate (LPR) to 3.95% from 4.2%, while the one-year LPR, which serves as a benchmark for corporate loans, was kept unchanged at 3.45%.
In rare move, China vows to heed market criticisms to avert $5 trillion rout
China’s securities regulator said it will take heed of all suggestions, even criticism, from market participants and address their concerns promptly, a rare gesture that underlines its resolve to …
Top Beijing official to gauge tycoons’ views on economy, meet legal professional bodies over Article 23 bill during Hong Kong visit, sources say
Xia Baolong, who heads revamped Hong Kong and Macau Affairs Office, will begin his six-day trip on Thursday, according to insiders His fact-finding visit comes at crucial time given concerns over …
Australian Writer Yang Hengjun Won’t Appeal Suspended Death Sentence in China – Family
SYDNEY (Reuters) – Australian writer Yang Hengjun will not appeal a suspended death sentence in China because the process would delay the possibility of supervised medical care, his family said in a …
US Flies Nuclear-Capable Bomber Amid Tensions With China
The United States deployed a nuclear-capable strategic bomber on Monday to join the allied Philippine Air Force on a South China Sea patrol against the backdrop of Manila’s territorial tit-for-tat …
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