As President Trump turns up the heat on Beijing, China is trying to become more technologically self-sufficient, but its efforts have a significant cost.
NEWS
China’s SMIC Q4 profit slumps 38.4%, misses estimates despite revenue growth
Semiconductor Manufacturing International Corp, China’s largest contract chipmaker, reported a 38.4% year-on-year fall in fourth-quarter profit. Profit attributable to owners of SMIC reached $107.6 million in the October-December quarter,
China’s CATL to raise at least $5 billion in Hong Kong listing, sources say
Chinese battery giant CATL is expected to raise at least $5 billion in a Hong Kong listing, according to two sources with direct knowledge of the matter. CATL did not immediately respond to a request…
How USAID Cuts Hand Big Win to China
Beijing “will move quickly to replace the U.S. in many countries,” a former director of the agency told Newsweek.
Appleby Set to Expand in China, Receives License to Operate in Shenzhen
Offshore firm Appleby has been granted a license to provide offshore legal services in Shenzhen by the Ministry of Justice in China.
Property developer China Vanke secures $383 million loan from Shenzhen Metro
China Vanke (OTCPK:CHVKF) has secured a 2.8 billion yuan ($383.12 million) loan from its major shareholder, state-owned Shenzhen Metro to repay debt, indicating further support from the government for …
U.S aid freeze risks handing influence to China in Beijing’s backyard
After U.S. President Donald Trump’s administration froze donations in January to Cambodia’s largest demining organization, which works to clear the countryside of deadly remnants of Washington’s past …
Analysis-U.S Aid Freeze Risks Handing Influence to China in Beijing’s Backyard
Instead, Beijing prizes “large-scale infrastructure and investment programs” that are a hallmark of the Belt and Road Initiative (BRI), said Derek Grossman, an analyst at the RAND Corporation …
China tightens screws on what can be shared online about its military
China has unveiled sweeping new regulations to tighten the release of information about its military online, a move that could obscure key sources for monitoring the world’s largest armed forces.
US coal exports to India expected to rise due to China tariffs
The United States is expected to boost coal exports to India after China imposed tariffs on energy imports from the U.S., five industry officials said, potentially eroding Australia and Russia’s …
A Timeline of the Tit-for-Tat Tariffs Between China and the U.S. Since 2017
The rapid-fire shots of tariffs and import curbs hearken back to Trump’s first term in office, when the U.S. and China engaged in a trade war that spanned most of Trump’s first four years in…
UC Berkeley to cut ties with Chinese university, has received $87 million from China: report
Tens of millions in unreported cash from China funded joint venture at UC Berkeley, watchdog reports. The University of California, Berkeley, is now cutting ties with a Chinese un …
China Vanke secures US$383 million lifeline from Shenzhen Metro Group to repay debt
Shenzhen Metro Group, which holds a 27.2 per cent stake, signed a three-year agreement with Vanke to provide secured loans of up to 2.8 billion yuan (US$383 million), according to a filing to the Hong…