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Monthly Archives For September 2024
Is Beijing about to ‘play the Ryukyu card’ over Tokyo’s stand on Taiwan?
Chinese academics are calling for new emphasis on Ryukyu, linking the ancient kingdom that is now Japan’s southernmost prefecture of Okinawa with China’s national security. Observers say the push …
Global cellular IoT module shipments up by 11% in Q2; China, India lead: Counterpoint
As per the the research firm, the automotive, telematics, router/CPE and PC sectors also showed growth in markets outside China. On the technology front, 4G Cat 1 bis maintained its momentum, doubling its contribution to…
In the High-Stakes Bet Against US Dollar China’s Banks May Face Significant Losses
In the ongoing competition between China and the United States, a new front has emerged, centered around the US dollar. China is betting big on the fall of the US dollar, using its banks as…
BYD Moves to Full Control of Mercedes-Benz Venture in China
Chinese automaker BYD Co. has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an increasing number of foreign carmakers dial back their exposure to the world’s …
Full Moon and Fine Flowers: Reunion in Shenzhen Nanshan’s Mid-Autumn
September 17th is the annual traditional Mid-Autumn Festival in China. In Nanshan, Shenzhen, three charming leisure resorts – the quaint Nantou Ancient Town, the fairy-tale Dutch Flower Town, and the …
Families waiting to adopt children in China shocked by sudden policy change: ‘Gut-punch’
Faith-based adoption organization Lifeline Children’s Services weighed in on China stopping foreign adoptions and how the policy is affecting families in the U.S.
Ford’s CEO and CFO took a drive in a Chinese EV. What they said next reveals a lot about the state of the US auto industry.
“These guys are ahead of us,” Ford CFO John Lawler told the company’s CEO Jim Farley after the two had taken a test drive in a Chinese electric SUV.
China’s ultra-rich population sees ‘dramatic’ growth in last 10 years, outpacing the U.S., report shows
The world’s super rich club saw a significant expansion over the past 10 years, with China leading the charge, a report by Henley & Partners showed.
PwC China stops work on $210m campus as Evergrande crisis mounts
A lavish training institute on the tropical island of Hainan is under review as the firm reels from fallout from its audits of the failed property developer.
China’s carbon market is moving from burden to boon
By expanding beyond power generation, the market will increase its trading, diversity and liquidity, raising carbon asset value.
Vietnam-China trade turnover hits nearly $130.8B
The import-export turnover between Vietnam and China reached nearly $130.8 billion in the first eight months of this year, according to the latest statistics from the General Department of Customs.
China fines accounting firm PwC $62M, suspends operations for 6 months
China’s Securities Regulatory Commission and Ministry of Finance Friday fined accounting giant PwC $62 million and suspended the company for six months for allegedly enabling fraud by the Evergrande …
