China, accusing NATO of seeking security at expense of others, tells alliance not to bring same ‘chaos’ to Asia
Monthly Archives For July 2024
NATO allies call China a ‘decisive enabler’ of Russia in Ukraine war as bloc eyes Asia security threats
The US and European leaders in recent months have accused China of bolstering Russia’s defense sector with the export of dual-use goods. Beijing has denied supplying weaponry and maintains it keeps strict controls on such…
High Voltage: Could supplying US critical minerals be risky business for our China exports?
Australia’s critical minerals sector could face a US vs China trade dilemma thanks to the Federal Government’s Future Made in … Read More The post High Voltage: Could supplying US critical minerals be risky business…
Top Thai Music Firm Eyes IPO Following Tencent Investment
GMM Music Pcl is planning an initial public offering as early as this year, following a recent equity investment from China’s Tencent Holdings Ltd.
‘Cold War mentality’: China responds to NATO accusations saying Beijing is ‘enabler’ of Russian war
HONG KONG and LONDON — A Chinese official rejected on Thursday an accusation from NATO members, who said that Beijing has become a “decisive enabler” of Russia’s war in Ukraine. A spokesperson for China’s Mission…
Taiwan monitors surge in Chinese military activity as Beijing’s carrier exercises in Pacific
TAIPEI – Taiwan defence ministry said on Thursday (July 11) it was closely watching Chinese military movements after a surge in warplanes joined drills with China’s Shandong aircraft carrier in the Pacific.
Why does China’s central bank have a new cash management tool?
China’s central bank unveiled a new cash management tool through temporary bond repo agreements and reverse repos, expanding its monetary policy framework. Market participants see these as crucial …
Xiaohongshu Gains $17 Billion Valuation Amidst Major Investments
Xiaohongshu, backed by DST & Tencent, is China’s fastest-growing social media platform, now valued at $17B. Popular with young urban women.
China’s financial sector is put on needed GDP diet
It’s usually a red flag whenever China’s bean counters “optimise” already questionable market indicators. However, the recent tweak to how the country calculates what the financial sector contributes …
China Regulator Said to Ask Some Banks to Dial Back Bond Risk
China’s financial regulator asked some rural lenders to shorten the average duration of their bond holdings, according to people familiar with the matter, as authorities seek to safeguard the banking …
China Sends Record Number of Warplanes Across Key Boundary Line With Taiwan
The latest incursions across a U.S.-drawn median in the strait, a line Beijing has never recognized, come as Taiwan’s new President considers travel to the U.S.
China’s robotaxi push sparks concerns about job security for drivers
China’s yearslong effort to develop robotaxis is starting to gain traction with consumers — and rattling taxi drivers who are worried about losing their jobs
Top American Brands Like McDonalds and Apple Are Losing Ground in China
Major American brands like Apple, Starbucks and McDonald’s are rapidly losing market share in China to new domestic rivals. WSJ’s Jonathan Cheng explores how Chinese brands are squeezing out their U.S …