China’s government has recognized the authority of the Catholic bishop of Tianjin, Melchior Shi Hongzhen, the Vatican said on Tuesday. The bishop had previously been placed under house arrest for …
Monthly Archives For August 2024
JD.com Unveils $5 Billion Buyback as China Concerns Grow
JD.com Inc. plans to buy back as much as $5 billion of its shares, moving to appease investors worried about a potentially worsening Chinese consumer downturn.
Mastermind Behind $14 Billion Crypto Pyramid Scheme Extradited to China from Thailand
China has successfully extradited a suspect, known only by the surname Zhang, from Thailand. Zhang is accused of orchestrating a large-scale pyramid scheme that involved cryptocurrency, drawing in …
Richest man in China loses $14B as Temu crashes
the founder and former chairman of the Chinese e-commerce business PDD Holdings, had his net worth drop by almost $14 billion on Monday, mere 18 days since he became the wealthiest person in China earlier…
Sullivan Heads to Beijing for High-Level U.S.-China Talks
Please review the following troubleshooting tips or contact us at [email protected]. World Brief: Sullivan Heads to Beijing for High-Level U.S.-China Talks Create an FP account to save articles to read later. Sign Up ALREADY…
China Conquers Mexico’s Automotive Market, and the US Is Worried
This story originally appeared on WIRED en Español and has been translated from Spanish. China has positioned itself as the main car supplier in Mexico, with exports reaching $4.6 billion in 2023, according to data…
China’s Y-20 transport plane heads to Egypt on Mideast military influence mission
According to the Stockholm International Peace Research Institute, a military think tank, China was the largest arms supplier for sub-Saharan Africa in 2019-23, with a 19 per cent share of the arms …
China based Autozi prices its IPO at $4 per share
China-based automotive service provider Autozi Internet Technology (AZI) on Tuesday priced its initial public offering of 2.5M Class A shares at $4 per share for gross proceeds of $10M. The shares …
Washington’s Top Pacific Commander Hints at Escalation With Beijing as Philippines Stands Its Ground in South China Sea
In what may not have been coincidental, the White House national security advisor, Jake Sullivan, showed up in Beijing on his first visit during the Biden administration. The atmosphere, in public, was totally cordial. Mr.…
China Set to Cut Off US Military From Key Mineral as America’s Own Reserves Remain Buried Under Red Tape
China is responsible for just under 50% of the world’s antimony production, and it is also the source of 63% of the U.S.’ current antimony imports, according to the Center for Strategic and …
Taiwan wants to go all-in on new submarines to keep China’s navy at bay and pour billions into a big batch before the first sub is even combat-ready
Taiwan hopes to employ its fleet to deter an increasingly aggressive China. Taiwan is pushing forward its plans to build a new submarine fleet to deter China, with seven vessels planned over the next …
China hosts international counter-terrorism forum with a focus on unmanned technology
The Great Wall-2024 International Forum on Counter-terrorism kicked off in Beijing on Tuesday with a focus on unmanned technology in combating terrorism. The forum has been widely praised by …
China hosts international counter-terrorism forum with a focus on unmanned technology
The Great Wall-2024 International Forum on Counter-terrorism kicked off in Beijing on Tuesday with a focus on unmanned technology in combating terrorism. The forum has been widely praised by …
