Deterioration of local-government finances has become a key concern for policymakers and investors amid the slower-than-expected economic recovery.
NEWS
Arm China ‘doing well,’ CEO says, even as SoftBank’s Masa Son reduces China exposure
Arm’s China subsidiary is “doing well” with strong potential in data center and automotive applications, despite the geopolitical tumult of the last few years, Arm Holdings CEO Rene Haas said.
US Sees Huawei Payback in China’s Apple ‘Ban’
The launch of Apple’s latest iPhone 15 on Tuesday came shortly after the launch of a new 5G handset from Chinese competitor, Huawei. The U.S. banned Huawei products in 2019. The company’s latest domestic model,…
China’s defence minister, not seen in weeks, skipped Vietnam meet
Chinese defence minister Li Shangfu abruptly pulled out of a meeting with Vietnamese defence leaders last week, three officials with direct knowledge of the matter said, amid questions about his more than two-weeks-long absence from…
Italy’s possible withdrawal from China’s Belt and Road program could pave the way for future exits
At a time of shifting geopolitical alignments that’s fragmenting the world’s economy, Rome is coming under pressure to recast its relationship with Beijing to placate its western allies.
China’s push to create a single national identity
That sparked protests, but a year later China’s legislature went further, annulling regulations that allowed autonomous regions to teach in minority languages. Today, kindergartens in Inner Mongolia are taught entirely in Mandarin and,
Taiwan slams Elon Musk, says it’s ‘not for sale’ nor part of China
Taiwan is “not for sale,” and neither is it part of China, said Taiwan’s Ministry of Foreign Affairs, in a rebuke to Elon Musk who called the island “an integral part of China.”
Did the CIA bribe its officials to cover up COVID-19 lab-leak theory?
A veteran senior-level CIA serving official has made explosive claims about the origins of COVID-19 to a congressional hearing. He alleges that the American intelligence agency offered six of its own …
Elon Musk was rebuked by Taiwan after appearing to defend the one-China policy: ‘Listen up, Taiwan is not for sale’
Elon Musk angered Taiwan’s foreign minister as he appeared to defend China’s stance. The Tesla CEO had met with China’s foreign minister in May.
China is huge for chip designer Arm. That’s a risk for its new investors
As British chip designer Arm prepares to raise about $5 billion in an initial public offering (IPO) on Thursday, its China business has become a serious point of concern.
Taliban welcomes China’s new ambassador to Afghanistan in lavish ceremony
The Taliban has welcomed Zhao Sheng as China’s new ambassador to Afghanistan during a lavish ceremony held at the presidential palace in Kabul on Wednesday.
China says EU car subsidy probe will have ‘negative impact’
China warned on Thursday a probe by the European Union into Beijing’s subsidies for electric cars would have a negative impact on its trade relations with the bloc, which it accused of “naked protectionism”.
Beijing blasts EU probe as protectionist as China EV maker stocks slide
Beijing on Thursday blasted the launch of a probe by the European Commission into China’s electric vehicle subsidies as protectionist and warned it would negatively impact economic and trade relations …