Elon Musk’s $250 billion Tesla losing streak takes another lurch downward on reports of a production cut at his China plant …
Monthly Archives For March 2024
Towngas signs RISC-V chip deal and China Mobile announces capital and innovation outpost in boost for Hong Kong’s tech sector
Hong Kong’s ambitions of establishing itself as a global technology and research hub received a shot in the arm on Friday after two companies announced expansion and investment plans for the city.
4 Bipartisan Bills Would Restrict Investment in China
Representatives Brad Sherman, D-California, and Victoria Spartz, R-Indiana, introduced four bills that would restrict or disincentivize U.S. investors from investing in China. The bills were referred …
China’s local government debt crisis adds chill to success of Harbin’s ‘ice city’ tourism boom
Harbin received a record breaking number of visitors over the Lunar Year holiday last month, but the economy of the northeast region has underperformed in recent years due to weak industrial growth …
Pakistan to Tap China for $300 Million Debut Panda Bonds
Pakistan’s new finance minister said he’s keen to tap Chinese investors by selling as much as $300 million in Panda bonds for the first time ever this year.
North Korea, China held talks in Beijing, KCNA says
North Korea and China held high-level talks in Beijing on Thursday and reaffirmed a commitment to further develop bilateral relations as Pyongyang expands its diplomatic engagement after COVID-19 …
Russia, China Veto U.S. Resolution in U.N. for Gaza Cease-Fire
Vote comes as major sticking points remain in talks for a deal to free Israeli hostages and alleviate the humanitarian crisis.
China relaxes security review rules for some data exports
China’s cyberspace regulator on Friday issued rules to facilitate and regulate cross-border data flow, clarifying reporting standards for security assessments of important data exports. Data collected …
Apple’s AI push with iOS 18 could be powered by China’s Baidu, but likely only in its home country
Apple is expected to bring big AI improvements to the iPhone but it might need to cosy up to Baidu in one key country.
Beijing holding ‘Taiwanese soldier’ who ‘lied about identity’ after being picked up by mainland Chinese coastguards
The Taiwan Affairs Office says the man was picked up along with a companion off the coast of Fujian province on Monday after their boat lost power.
Russia, China Veto U.S. Resolution at U.N. for Gaza Cease-Fire
A U.S.-sponsored resolution calling for an immediate cease-fire between Israel and Hamas in Gaza failed to pass the United Nations Security Council on Friday, as permanent members Russia and China …
China’s yuan falls to lowest in four months on back of weaker daily fixing
The slump came after the People’s Bank of China reduced its daily fixing by the most since early February. To manage the Chinese currency, the PBOC sets a reference rate each trading session for the…
Will China Push the U.S. Dollar Out of the Middle East?
For Gulf states, balancing the use of the dollar and the renminbi will become a way of maintaining strategic neutrality amid global geopolitical fragmentation.
