China unveiled a comprehensive blueprint for the establishment of an intellectual property (IP) protection system, as part of ongoing efforts to shore up its
Monthly Archives For June 2024
What China Hopes to Win From Russia’s War
Xi is, in effect, freeloading off the very U.S.-led global-security system he hopes to destroy, in order to replace it with a China-centric world order. He can leave the heavy lifting of solving the …
Record rains paralyse China’s southern city Changsha
Heavy rains swamped the southern Chinese city of Changsha on Monday, turning roads into rivers and submerging pedestrian underpasses and subway tunnels. Emergency crews ferried locals to and from …
The Deadly Flooding Tearing Through Southern China, in Photos
At least 47 people have died in southern China’s Guangdong Province after torrential rains set off flooding and landslides, according to the Chinese authorities. The city of Mei …
UBS to sell partial stake of a joint venture to Beijing state asset manager
opens new tab is selling a partial stake in one of its securities joint ventures to Beijing State-owned Asset Management(BSAM), a key step for the Swiss bank as it consolidates China operations after …
Russian subsidiary of Bank of China stops accepting payments from Russian banks, sources say
According to Kommersant’s sources, Bank of China will refuse to accept payments from any sanctioned Russian bank starting on June 24.
Russian subsidiary of Bank of China stops accepting payments from Russian banks, sources say
According to Kommersant’s sources, Bank of China will refuse to accept payments from any sanctioned Russian bank starting on June 24.
Bank of China limits transactions with sanctioned Russian banks
According to information obtained by the Russian newspaper Kommersant, the Bank of China has decided to suspend cooperation with Russian banks on the US sanctions list, known as the SDN (Specially …
China Floats Perks for German Carmakers in Bid to Stop EV Levies
China floated lowering its existing tariffs on large-engine cars in return for scrapping planned EV levies on imports from the Asian nation, said the people, who spoke on condition of anonymity to …
China’s shirt-and-tie car makers join EV upstarts in live streaming to shed stuffy image
Competition in China’s cut throat car market is pushing even senior legacy auto executives to take up live streaming to promote sales. The jeans-and-jacket-wearing electric vehicle start-up bosses …
Beijing Urges EU to Scrap EV Tariffs Amid New Trade Talks
Beijing has called on the EU to cancel impending tariffs on Chinese electric vehicles, as both sides prepare for new trade talks. The EU plans to impose provisional tariffs up to 38.1% on Chinese EVs…
Why Cambodia Matters to the U.S.-China Rivalry
For China, this control serves a greater strategic purpose. In Cambodia, and in the regime of Hun Manet, it now has an “ironclad ally” beholden on its investment. Around 40% of Cambodia’s $10 billion foreign…
China employing ‘gray zone tactics’ at contested Second Thomas Shoal, Lowy Institute’s Yaacob says
Beijing is employing “gray zone tactics” against the Philippines in the South China Sea, says Lowy Institute’s Rahman Yaacob, following a recent clash at a contested shoal. China may continue its aggression,