The U.S. has surpassed China on the Fortune Global 500 list for the first time since 2018, showcasing 139 companies to China’s 133 companies.
Monthly Archives For August 2024
Just-In: China Shifts $2B In Seized Ethereum, Bitcoin & XRP Next?
On Wednesday, hundreds of wallets moved $2 billion Ethereum seized by Chinese police in 2021 after authorities cracked down on the Plus Token ponzi scheme.
China has turned inward to sell Xinjiang cotton after a trade ban. Will it be enough?
After a US trade ban for cotton from China’s Xinjiang, textile manufacturers have turned to domestic consumers – but the ban’s chilling effect on all exports has left a gap that is difficult to fill.
China cracks down on decades-old unpaid taxes amid mounting debt crisis and budget shortfalls
Chinese authorities are chasing unpaid taxes from companies and individuals dating back decades, as the government moves to plug massive budget shortfalls and address a mounting debt crisis. More than …
Tim Walz’s long history with China
Republicans are suspicious of his relationship with China, but Tim Walz has a record of criticizing the Chinese government.
U.S. Vs. China: New Semiconductor Rules Threaten Global Tech Balance
Biden’s new semiconductor rules aim to limit China’s chip technology access, facing resistance from allies and industry while China decries U.S. economic pressure.
China Would Freak: The U.S. Military Needs Lasers to Beat Hypersonic Missiles
The U.S. faces significant challenges in countering hypersonic weapons, particularly as rivals like China advance in both hypersonic technology and directed energy weapons (DEW), specifically lasers.
China’s central bank signals move to increase treasury bond trading, support housing rental industry
China’s central bank, said on Friday in a quarterly report that it will increase treasury bond trading in its open market operations to ensure ample market liquidity, and provide support for the …
With smugglers and front companies, China is skirting US AI bans
The United States, with some success, has tried to control the export of chips. Still, The New York Times has found an active trade in restricted AI technology — part of a global effort to…
July sees rise in COVID-19 cases in China; experts dismiss concerns saying no major strain on population, healthcare
VCG. Chinese social media platforms have recently seen a rise in posts of COVID-19 reinfections, sparking concerns over a potential resurgence of the virus …
Usain Bolt’s shock pre-race meal at the 2008 Beijing Olympics revealed
Usain Bolt ate only one thing during his time at the Beijing Olympic Games. Back in 2008, China were the host of the Olympic Games as Beijing took centre stage. During the games in Beijing,…
FG says China has expressed commitment to increase investment in Nigeria
Nigeria and China have partnered to bolster economic ties and unlock new investment opportunities in the country.
Philippine military condemns China air force for ‘dangerous’ acts in South China Sea
The Philippine military said on Saturday it strongly condemns “dangerous and provocative actions” by China’s air force at a contested shoal in the South China Sea.
