BEIJING/MANILA (Reuters) – China’s defence ministry on Thursday strongly condemned the deployment of a U.S. intermediate range missile system in the northern Philippines during military drills in …
Monthly Archives For May 2024
China says military drills around Taiwan met goals, warns of further action if provoked
China’s military successfully achieved its objectives during two days of exercises around Taiwan, a defense ministry spokesperson reported. The drills occurred last week.
America’s New Ally Takes Chunks out of China’s Economic Cake
Apple’s iPhone exports from India almost doubled between 2023 and 2024 as the production at its manufacturing plant in China marked a decline.
China mulls record fine for PwC over Evergrande auditing, Bloomberg News reports
China is weighing a record fine for PricewaterhouseCoopers LLP (PwC) and suspending some of the auditor’s local operations over its role in auditing troubled property developer China Evergrande Group, …
China’s Central Bank on Offshore CNY Market and Cross-Border Transaction
People’s Bank of China’s deputy governor says the bank will support the development offshore market and improve cross-border payment system.
Celebrity Meme Coins Flood the Crypto Market
Celebrity meme coins linked to Caitlyn Jenner, Iggy Azalea, Rich The Kid and others have flooded the crypto market over the past week.
Elon Musk once mocked China’s BYD. Now it’s running circles around Tesla
The most important carmaker in the world right now is the Chinese-owned, Warren Buffett-backed company that has Elon Musk in a pickle.
Exclusive: Tesla makes push to roll out advanced FSD self-driving in China
Driving’ software with authorities in China in the run up to its planned rollout of the technologically advanced feature this year, three people with knowledge of the matter said.
The US accused China of offering Russia ‘every support behind the scenes’ for its war on Ukraine
China’s actions are designed to help Russia and are “dangerous to the long-term stability in Europe,” a US official said.
China to Impose Export Controls on Aviation Equipment, Technology
Chinese authorities will impose export controls on technology, software and equipment used in aviation, the country’s latest move to enhance national security.
China’s Central Bank Wraps Up Biggest USD34.5 Billion Reverse Repo Operation in May
(Yicai) May 30 — The People’s Bank of China conducted about CNY250 billion (USD34.5 billion) of seven-day reverse repos, the largest replenishment of liquidity of this kind this month.
China Vanke in Advanced Talks With Banks for $6.9 Billion Loan
China Vanke Co., the Chinese state-backed developer that’s become the latest flashpoint in the nation’s property crisis, is in advanced talks with major banks for a loan of about 50 billion yuan ($6.9 …
Trade With China Is Getting Harder. New Rules Could Hit Tech, Pharma, and Finance.
The latest proposals could further reshape global trade and create ripples not just in technology but also in healthcare and finance.A hearing last week on managing the relationship between the …
