China’s top leadership has grown increasingly frustrated with a years-long failure to develop semiconductors that can replace US circuitry, an embarrassment capped by a flurry of anti-graft probes …
FINANCE
Bangladesh’s finance minister warns on loans from China
Asian Infrastructure Investment Bank and Japan International Cooperation Agency, Kamal said. He added that he was optimistic the country would secure loans from them. His comments came as China’s …
Taiwan official plays down impact of China’s trade restrictions
Finance ministry official says island does not expect further sanctions by Beijing due to ‘highly reliant’ economic ties …
One of the Decade’s Hottest Bond Markets Is Imploding in China
When investor demand for Chinese property debt was approaching its peak back in 2018, a banker could pull together the makings of a multi-million dollar deal during a Saturday boat trip around Hong …
First Amendment of China’s Anti-Monopoly Law – Key Takeaways
After two years of public consultation and two readings at the National People’s Congress, the first amendment to the Anti-Monopoly Law of the People’s Republic of China (PRC) has been pro …
Here’s what would happen to markets and the economy if China attacked Taiwan
China could lose a lot by invading Taiwan, and might never be willing to risk it. But that’s what people thought about Putin’s threat to invade Ukraine.
Beijing clears Japan’s MUFG to streamline fund transfers
Top Japanese lender MUFG Bank has won approval from Chinese authorities to conduct fund transfers out of the country for select clients in a way that reduces scrutiny by Beijing and slashes paperwork.
With current Taiwan crisis, fraying of Beijing’s ‘One China’ has begun
One China’ was predicated first on communist Chinas support against the Soviet Union during the Cold War, and then on its peaceful rise as an economic power. But China has grown as an aggressive …
China’s digital yuan pushes key US lawmakers to seek urgency from the Fed on a digital dollar that fends off global rivals
“We should be concerned about China’s predatory practices,” Rep. French Hill, R-Ark., told the Wall Street Journal.
China’s Hainan Island Under Lockdown, Dents Duty-free Sector
Duty-free stores in Sanya and Haikou have suspended trading, while health officials carried out a province-wide mass testing from Sunday.
Risk Insurers Shy Away from Taiwan Amid Tension with Beijing
Niche insurance that covers political risk to business now near impossible to find for Taiwan operations after Pelosi visit …
Beijing Plans for a $7.5B Virtual Humans Industry Using Web3 By 2025
The city of Bejing is planning to create a $7.5 billion virtual human industry by 2025 through the use of Web3 technology.
China’s Bad Loan Managers Step Up Efforts to Bail Out Distressed Developers
To prevent property market risks spilling over further into other sectors of the economy, China’s state-backed bad-debt managers are cranking up their efforts to rescue heavily indebted developers.