China’s actions in the South China Sea are “patently illegal”, the Philippines’ defence secretary said Monday following a clash in disputed waters on Sunday over what Manila said was a resupply …
Monthly Archives For August 2024
China to Hold Live-Fire Drills Near War-Torn Myanmar
Beijing likely wants to signal to Myanmar’s junta leaders that they should return to peace talks and de-escalate the conflict, analysts said.
China export curbs on semiconductor materials stoke chip output fears
The person at the affected company said that while some large shipments of Chinese gallium were still being made, overall exports had fallen by about half since the controls were implemented. “If China reduces gallium…
RMB429.7M Net Inflow to CHINA UNICOM from Northbound Trading of SH-HK Connect
For Northbound Trading of Shanghai-Hong Kong Stock Connect, the most active stocks with net inflow in pecking order were CHINA UNICOM (600050.SH) (RMB429.7 million), SERES (601127.
China’s Fiscal Revenue Should Pick Up Soon After Slumping in First Seven Months, Finance Ministry Official Says
(Yicai) Aug. 26 — China’s fiscal revenue will rise in months to come, despite tumbling in the first seven months, as macro-economic policies take effect, the economic recovery becomes more solid, and …
US and China hold high-level talks in Beijing
The meeting follows five previous bilaterals, including secret meetings in Malta, Austria, and Thailand, that aimed to restore high-level communications between Washington and Beijing. The agenda is packed, but neither side expects significant changes in…
IBM shutters China R&D facilities, blaming declining infrastructure business — shutdown affects over 1,000 employees
The executive who hosted the virtual meeting, Jack Hergenrother, instead pointed at IBM’s declining infrastructure business as the root cause behind the firm’s China exodus. This bad news took some …
Beijing Threatens Retaliation Against U.S. Over Sanctions On Chinese Companies Supporting Russia
Beijing has vowed to take “necessary measures” against the United States following the Biden administration’s recent sanctions on dozens of Chinese companies accused of aiding Russia’s invasion of Ukraine. In a statement on Sunday, a…
The 4 Key Strengths of China’s Economy — and What They Mean for Multinational Companies
China’s hybrid “state capitalist” system, driven by centralized planning and fierce competition, has led to dominance in critical technological fields and emerging markets. Western multinational corporations are advised to adopt a pragmatic approach to capitalize…
AWS, Microsoft And Google’s Cloud Ranking By Region; China Buying Locally
New cloud research sheds light on the top six cloud providers in the U.S., Europe, China, Asia-Pacific and the rest of the world as Oracle, Salesforce and IBM try to compete with AWS, Microsoft and…
‘Selective technology decoupling’ is occurring between the U.S. and China, says CFR’s Michael Froman
Michael Froman, Council on Foreign Relations president, joins ‘Squawk on the Street’ to discuss the state of relations between the U.S. and China, each candidate’s strategy on China, and much more.
‘Selective technology decoupling’ is occurring between the U.S. and China, says CFR’s Michael Froman
Michael Froman, Council on Foreign Relations president, joins ‘Squawk on the Street’ to discuss the state of relations between the U.S. and China, each candidate’s strategy on China, and much more.
China ‘Flying Circles’ Around U.S. Military in Hypersonic Weapons
China’s military advancements, particularly in hypersonic weapons, are shifting the balance of power in the Indo-Pacific. China is enhancing its strategic capabilities by developing technologies like …