China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets.
Monthly Archives For February 2024
Washington Piles More Troubles On China
Against the already hostile attitude Washington has toward China, these two measures announce to Beijing in yet another way that regardless of the November vote it should expect no interruption in the …
Volkswagen Under Pressure to Ditch Its China Joint Venture as U.S. Impounds Vehicles
Large German manufacturers have expanded their footprints in China, threatening Berlin’s efforts to reduce its economic reliance on the Asian giant.
Why China Wants to Be Asia’s Only UN Security Council Member
China’s stance on being the sole Asian representative in the United Nations Security Council has come into sharper focus following Russia’s robust endorsement of India’s bid for permanent membership …
Abu Dhabi and Shenzhen sign Twin City agreement
One of the most technologically advanced cities in the world will collaborate with DMT on various smart city projects …
Japan’s Semiconductor Sales Soar as China Shifts Focus Amid US Sanctions
Last year, the proportion of sales to China of Japanese semiconductor equipment manufacturers saw a drastic increase. This is interpreted as Japanese companies reaping indirect benefits as China, …
China Urges Firms Not To Be ‘Blinded By Lies’ Over Xinjiang Rights Record
China on Thursday urged companies not to be “blinded by lies” about its rights record in Xinjiang, after German automaker Volkswagen said it was discussing the future of its activities in the troubled …
China’s upcoming mobile OLED dominance: market share soars past 40%, set to eclipse South Korea by 2025
Chinese display panel manufacturers are aggressively catching up with their South Korean counterparts in the smartphone OLED market and forging stronger partnerships with domestic smartphone brands.
Why China Isn’t Blowing Up Over the Deaths of Fishermen That Taiwanese Forces Chased Away
Two Chinese fishermen drowned off the coast of Kinmen, a group of islands that sit just six miles from mainland China, after being chased by Taiwanese maritime forces on Wednesday—marking what …
Any US-China deal on AI can only help Beijing and hurt America, experts warn
Critics argue any agreement with China will benefit only Beijing because it will receive advanced tech and information while having little to offer to the U.S. other than market access.
Vulnerable Dem senator flip-flops on supplying energy to China in middle of re-election campaign
Sen. Sherrod Brown said he supported President Biden’s pause on natural gas exports over his concern with China despite opposing a bill to explicitly ban oil sales to China.
Volkswagen Cars Blocked By US Customs Over Part From China
The United States has banned most imports from Xinjiang, in western China, unless companies offer verifiable proof that production did not involve forced labor. Rights campaigners have for years …
Beijing condemns deaths of 2 mainland Chinese fishermen after Taiwan coastguard chase
Beijing has strongly condemned Taiwan over the deaths of two mainland Chinese fishermen who drowned during a pursuit by the island’s coastguard in an unusual incident that could inflame cross-strait …
