WPP said it terminated the executive currently detained in China on charges of bribery and is conducting its own investigation into the matter.
NEWS
Beijing Stages Charm Offensive to Pave Way for Xi Trip
Beijing is gearing up a charm offensive that appears designed to prepare the way for what would be Xi Jinping’s first U.S. trip since 2017.
Western graphite producers’ shares soar after Beijing announces export curbs
Shares in Brisbane-based Novonix, which is backed by US energy group Phillips 66 and has operations to produce synthetic graphite in the US and Canada, gained 22 per cent. Beijing shocked the global battery supply…
China offers financial incentives for companies moving into Shenzhen’s digital yuan zone
Industrial enterprises, fintechs, commercial banks, start-ups and other businesses relocating to China’s newly opened digital yuan industrial park in the city of Shenzhen will receive incentives …
China set to approve $137 bln in extra sovereign debt on Tuesday -sources
China is set to approve slightly more than 1 trillion yuan ($137 billion) in additional sovereign debt issuance on Tuesday as Beijing steps up its efforts to spur infrastructure spending and encourage economic growth,
California Gov. assures his state is always a partner on climate change as he begins trip to China
The Governor of California Gavin Newsom has assured during his week-long trip to China that his state will always be a partner on climate issues no matter how the U.S. presidential election turns out
Biden response to China aggression is ‘totally inadequate’: Gordon Chang
Gatestone Institute senior fellow Gordon Chang on China and Russian alliance, Biden’s foreign policy and the deterioration of U.S. national security.
China is a stormy place to do business right now after shock exec arrests and Foxconn probes
Chinese authorities have ramped up counter-espionage laws over the last year and launched probes into foreign consultancies and due-diligence groups.
Philippines blames ‘aggressor’ Beijing as ships collide in South China Sea
The Philippines denounced China as an “aggressor” after vessels from the two countries collided on Sunday close to disputed islands in the strategic South China Sea. No one was injured in the two separate incidents,…
China to hold talks with Russia on 2024 electricity pricing and volumes
China will have to negotiate with Russia on the price and volumes of next year’s power supplies following Moscow’s decision to hike prices to match an increase in export fees, a senior manager said on…
Mycoplasma Pneumonia Outbreak Grips China: Echoes of COVID-19
In the shadow of the COVID-19 pandemic, a new health crisis is unfolding across China. A surge in cases of pneumonia caused by Mycoplasma, a microorganism that teeters between a virus and bacteria, …
Apple iPhone maker Foxconn being investigated in China as founder runs for Taiwan presidency
Taiwan’s Foxconn, one of Apple’s largest suppliers, is being investigated by authorities in China, according to state media.
China’s Cultural Revolution canceled 3,000 years of history as Mao had everything torn down — even statues
Mao’s America’ bears a terrifying resemblance to China that took 20 million lives. I know, I lived through it. The Cultural Revolution canceled 3,000 years of history.