Commission President Ursula von der Leyen unveiled a de-risking strategy last year, but opposition from member states threatens to scupper some key measures.
Monthly Archives For February 2024
What’s inside the Senate’s $95 billion bill to aid Ukraine and Israel and counter China
The Senate is moving toward a final vote on an emergency spending package that would provide military aid to Ukraine and Israel; replenish U.S. weapons systems; and provide food, water, and other …
Ex-Carmel Mayor Brainard accuses Rep. Jim Banks of ‘lying’ about China relations group
Carmel will drop its membership with a China cultural and business exchange organization but keep its sister city arrangement with Xiangyang, Hubei. Mayor Sue Finkam informed the U.S. Heartland China …
China opens up Hainan to more kinds of visa-free travel as it seeks to transform island into major free-trade port
Certain passport holders can now enter the island for up to 30 days not just for tourism but also business and family trips.
China’s market crash could be the last straw for many foreign investors who leave permanently, think tank says
“The fund managers who remain could end up contributing to the volatile swings in fortune,” the Atlantic Council wrote.
ISU defends its decision to give Russians bronze medal from Beijing Olympics after doping case
The governing body that oversees figure skating has defended its decision to award the bronze medal from the 2022 Beijing Olympics to the Russian squad.
Beijing firm supported pro-China ‘propaganda’ in 30 countries: Report
A Chinese company in the southern city of Shenzhen has has allegedly been assisting at least 123 websites in pushing the “pro-Beijing” agenda, Radio Free Asia reported citing a recent research.
L’Oréal Invests in Chinese Fragrance Brand To Summer
The deal comes in the year that marks the 60th anniversary of the establishment of diplomatic relations between China and France.
BASF sells stakes in two China ventures after reports of human rights abuses
German chemical company BASF says it’s speeding up the sale of stakes in two joint ventures in China after its local partner was accused in media reports of human rights abuses …
The Cold With China Over AI Dominance Is Already Here | Opinion
At the moment, U.S. companies have, with $3 billion, powered China’s advances in both semiconductors and artificial intelligence.
China’s Real Estate Nightmare Isn’t Over Yet, Professor Warns
China’s recovery from its property sector crisis depends largely on Xi Jinping’s willingness to shoulder some of the responsibility, one analyst says.
China bank loans hit all-time monthly high, with 4.92 trillion yuan doled out in January
As China makes strides to invigorate economic growth, its aggregate financing reached 6.5 trillion yuan in January – a year-on-year increase of more than half a trillion.
China January new bank loans hit record high on policy support
New bank loans in China jumped by more than expected to an all-time high in January, as the central bank moves to shore up the sputtering economy. Policymakers have pledged to roll out more measures…
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