Semiconductor giant SMIC expects construction of its new chip fabrication plants to proceed ‘as planned’, after the firm posted strong second-quarter financial results.
Posts By admin
JPMorgan gets Beijing’s approval for first fully foreign-owned brokerage
Wall Street investment bank giant JPMorgan got regulatory approval from Beijing on Friday to become the first foreign owner of a brokerage in China. The move is likely to be seen as the clearest …
Unpredictable regulation dents China’s short-term appeal, global fund managers say
The unpredictability of China’s regulatory measures make the country unappealing to foreign investors in the short-term, following its latest crackdowns on the technology, property and education …
China Aims to Export 2 Billion Covid-19 Vaccines This Year
The pledge by President Xi Jinping builds upon Beijing’s international effort, which China says has included 770 million doses so far distributed to other countries.
China Threatens U.S. Over Taiwan Arms Sale, War Games: ‘Hunting Rifles Ready Against the Wolves’
A $750 million arms sale to Taiwan has provoked outrage in Beijing, where officials promise to respond to new U.S.-led exercises in the region with ‘aircraft carrier killer’ weapons.
Here’s What Kevin O’Leary Says About Crypto Investing
After China banned all cryptocurrency services … Bitcoin is not O’Leary’s only crypto interest. The seasoned investor recently stepped into the world of decentralized finance (DeFi)– an umbrella …
Beijing prosecutors file lawsuit against Tencent over WeChat’s “youth mode”
Beijing prosecutors have filed a civil public interest lawsuit against a Tencent (0700.HK) subsidiary, saying that the “youth mode” on the company’s popular social messaging app WeChat does not comply …
With the Beijing Olympics in Sight, Chinese Director Lu Chuan Envisions the 2022 Asian Games
Chinese director Lu Chuan will be the lead director of the opening ceremony for the upcoming 2022 Asian Games in Hangzhou city, an international sports spectacle taking place months after the …
Chinese Blockbuster ‘Battle at Lake Changjin’ and Beijing Film Festival Postponed due to China’s COVID Resurgence
Highly-anticipated mainland Chinese film “The Battle at Lake Changjin,” which was due to have been released later this month has been postponed to an unspecified date. The move, announced late on …
U.S.-China Olympic solidarity warms hearts after gymnastics final
Chinese gymnasts Guan Chenchen and Tang Xijing took home gold and silver, respectively, in the final of the women’s balance beam Tuesday, while America’s Simon Biles claimed bronze. The hashtag …
China Calls Biden’s Refuge Offer to Hong Kong Residents ‘Shameless Political Manipulation’
“It is a vain attempt to stigmatize Hong Kong, stigmatize China, and stop at nothing to undermine Hong Kong through petty actions,” the Foreign Ministry said.
Beijing’s debt nightmare
Fears about China’s debt are growing. Despite the post-COVID-19 economic recovery in the second half of 2020, China’s accumulated debt reached 280 per cent of gross domestic product (GDP). According …
China promotes credit rating businesses in bond market
China has issued a circular to promote the development of credit rating businesses in the bond market to facilitate the healthy growth of the market. Credit rating institutions should improve their …
