The EU may place restrictions on imports of so-called legacy chips from China, but ASML, Europe’s biggest tech firm, warns of negative consequences.
Monthly Archives For July 2024
Complexities Dog Beijing’s Latest “Remedy” For China’s Property Crisis
Structural problems will make what is an already difficult challenge for Beijing all but insolvable in the short run.
China EV maker BYD to build $1-bln plant in Turkey
Chinese electric vehicle manufacturer BYD Co Ltd agreed with the Turkish government to build a $1-billion production plant in Turkey with an annual capacity of 150,000 vehicles, state-run Anadolu news …
Heritage Foundation Discussion on China and the COVID-19 Pandemic
Former National Intelligence Director John Ratcliffe (Trump administration, 2020-21) and policy advocates discuss China’s role in the Covid-19 pandemic during an event hosted by the Heritage …
China has shown ‘utmost sincerity’ over China-EU EV tariff talks, ministry says
China has shown the “utmost sincerity” over consultations relating to a European Union investigation into electric vehicle subsidies, and a comment attributed to an EU official is “grossly inconsistent with the facts,
China Threat Pushes U.S. Allies Into Historic Defense Pact
The Philippine coast guard has repeatedly clashed with its Chinese counterpart in the contested waters of the South China Sea this year, while in the East China Sea, Japan accused Chinese coast guard vessels of…
Economist Slams US Policies To ‘Contain’ China Bringing Nations ‘Close To War’
In July, Chinese President Xi Jinping, during a meeting with Hungary’s Prime Minister, Viktor Orbán, called on world powers to assist Russia and Ukraine in resuming direct dialogue and negotiations, indirectly criticizing the U.S.’s role…
China’s central bank tweaks liquidity operations
China’s central bank said on Monday it would start conducting temporary bond repurchase agreements or reverse repos to make open market operations more efficient and keep banking system liquidity …
China’s central bank takes more control over rates by adding temporary repos
BEIJING: The People’s Bank of China acted to take more control of market interest rates, announcing additional open market operations and tightening the band within which short-term rates can …
China’s graduates told to embrace financial reshuffle, ‘don’t feel ashamed’ about career
Students at a university in Shanghai told not to be ashamed of taking a job in China’s finance sector amid the industry’s heightened scrutiny and dwindling reputation.
China State Media Slams Sinograin Over Alleged Use of Fuel Tankers to Transport Cooking Oil
The Beijing News last week reported it was an “open secret” in the transportation industry that Sinograin was using tankers to transport both fuel and food products like cooking oil, soybean oil and syrup, without…
China unleashes ‘Kraken’ on world as it anchors ‘The Monster’ ship in Philippine waters
The Philippines lost control of the Scarborough (Panatag) Shoal in the northern South China Sea to China in 2012. A two-month standoff between the coast guards and navies of the two nations ended with …
China seeks 30% growth in national compute capacity by 2025
The expansion will be aided by technology from US-based electric vehicle manufacturer Tesla, according to reports from Chinese news outlets.
