A bill to force TikTok’s sale in the United States has been criticized by Beijing but has not triggered a high-alert public response or retaliation.
Monthly Archives For March 2024
US Defense Partner Approves Fifth-Generation Fighters To Keep Up With China
The engine for India’s fifth-generation Advanced Medium Combat Aircraft will be developed in collaboration with U.S. company General Electric.
China’s JD.com walks away from bidding for Currys
LONDON (Reuters) -Chinese online retailer JD.com said on Friday that it would not make an offer for British electricals group Currys, days after U.S. investor Elliott Advisors walked away from tabling …
Macron to Host China’s Xi in Paris as Trade Tensions Persist
French President Emmanuel Macron plans to host Chinese counterpart Xi Jinping in Paris in the spring amid lingering trade tensions between the European Union and the world’s second-biggest economy.
China’s CATL posts first quarterly profit fall since 2022, regains market share
Chinese electric vehicle battery maker CATL posted its first drop in quarterly net profit since the second quarter of 2022 on Friday as it wrestled with smaller competitors amid slowing demand in the …
Apple reaches $490 mln settlement over CEO Cook’s China sales comments
Apple has reached a $490 million settlement to resolve a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China.
China’s Real-Estate Market Just Set a Record—but Not a Good One
Secondhand home prices in the most developed cities saw their the worst decline since the government started releasing data in 2011, suggesting China’s real-estate slump shows no signs of losing steam …
Is China’s state-led industrial policy on a perilous path? Some Beijing advisers warn of ‘detrimental’ implications
Injecting funds into strategic industries such as alternative energy has given China a massive leg up on the international competition, but domestic experts say cracks may be showing.
TikTok ‘last frontier’ in the war between Beijing and Washington
The clash was triggered by the threat to ban the platform voted by the US House of Representatives. In response, the Chinese authorities have promised to defend its interests. American public opinion …
Building on 5G network and services innovation will drive future growth, say operators
Huawei’s pre-show industry forum at MWC2024 in Barcelona, under the banner of the 5G Beyond Growth Summit, provided a platform for key executives from the ICT industry to share their experiences of 5G …
Big Tech’s trouble in China: New ‘work secrets’ law could force tough choices
A new law will require business entities in China to identify and disclose to the government “work secrets,” or non-classified information that the Chinese Communist Party (CCP) deems relevant to …
China Eyes Greater Market Oversight to Boost Investor Confidence
China’s markets regulator vowed to tighten listing requirements onshore and beef up checks on publicly traded firms, in its latest effort to inject confidence into the nation’s $9.2 trillion stock …
Covid-19 lab leak ‘most likely’ cause of the global pandemic, new study shows
Others believe it leaked, accidentally or otherwise, from a laboratory – namely the Wuhan Institute of Virology, also in China. Now, scientists in Australia suggest that Covid-19 is more likely to …
