The forerunner of BNP Paribas, CNEP, set up shop in 1860 in China and India, to finance cotton imports into France. Citi, arguably the US’s most recognisable and influential financial operator, …
Monthly Archives For April 2024
Yellen in China to press officials on industrial subsidies
GUANGZHOU: US Treasury Secretary Janet Yellen arrived in China’s Guangzhou on Thursday for meetings to press Beijing over fears the country’s industrial subsidies for green energy, cars and batteries …
Google sues China crypto app racketeers: Report
Approximately 100,000 users have downloaded these fraudulent apps from Google Play, but the amount of lost user funds remains unknown.
China Electronics Manufacturer’s IPO Mints New Billionaire
Chairman Xiao Hongxing, 57, indirectly holds shares in Delton worth 8.9 billion yuan or $1.2 billion. Founded in 2002, the Guangzhou-headquartered manufacturer specializes in printed circuit boards; …
Humiliation for Xi Jinping as China’s economy now way behind UK and US
UK citizens are almost four times as wealthy as their Chinese counterparts, and US nationals are around 6 times better off.
Secretary Yellen Heads to China Seeking ‘Level Playing Field’ on Trade Amid Beijing’s Green Export Push
Ms. Yellen is headed to Guangzhou and Beijing for meetings with finance leaders and state officials. Her engagements will include Vice Premier He Lifeng; China’s central bank governor, Pan Gongsheng; …
The world is scarred from China shock 1.0. They’re not about to let 2.0 happen so easily.
China is pivoting to new economic drivers in the strategic industries of EVs, solar, and lithium batteries. This would impact economies globally.
The Chinese Century: How the United States has overestimated the rise of China and its power
Half of all Americans responding to a mid-2023 survey from the Pew Research Center cited China as the biggest risk to the U.S., with Russia trailing in second with 17%. Other surveys, such as from…
Why China Offered Earthquake Aid to Taiwan—and Why Taiwan Quickly Rejected It
It’s not real kindness,” one expert tells TIME of China’s offer to assist Taiwan with recovery from a massive, deadly earthquake.
China’s Chery to Set up $800 Million Automobile Factory in Vietnam
HANOI (Reuters) – Vietnam’s trade ministry said on Thursday that automaker Chery had signed a joint venture agreement with a local company to set up an $800 million plant, becoming the first Chinese …
2024 Beijing Daxing Half Marathon to take place on April 27
BEIJING, April 4 (Xinhua) — The 2024 Beijing Daxing Half Marathon is to take place on April 27. This year’s event, which has 6,000 runners, features a half-marathon and a 7-kilometer happy run.
China’s tin-eared approach to the world
In China’s telling, America stands exposed as a hypocrite, quick to accuse China or Russia of breaking international law and abusing human rights, while supplying bombs used to kill civilians in Gaza.
Taiwan condemns ‘shameless’ China for accepting world’s concern on quake
Taiwan on Thursday condemned China as “shameless” after Beijing’s deputy ambassador to the United Nations thanked the world for its concern about a strong earthquake on the island.
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