While it’s clear from the Central Economic Work Conference there would be no sudden turn in overall policy, the antitrust measures underline Beijing’s bottom line of preventing systemic risk. ( read original story …)
TECHNOLOGY
China Aims To Dominate Flash Memory
China’s growth in advanced semiconductor production is no accident, and many US firms are accelerating the trend. ( read original story …)
China Delistings Threaten $144 Billion U.S. Fundraising Boom
Chinese companies have turned to the U.S. stock market for capital and international prestige, raising at least $144 billion from some of the world’s largest investors. ( read original story …)
China’s Three Big Telcos Slide on NYSE Move to Delist Shares
China’s state-owned telecommunications companies declined in Hong Kong after the New York Stock Exchange said it’s delisting them to comply with a U.S. executive order that sanctioned companies … ( read original story …)
EU, China sign investment treaty
The European Union and China have agreed in principle an accord to facilitate greater levels of EU investment in the Asian country. The treaty includes clauses … ( read original story …)
China’s Three Big Telcos Slide on NYSE’s Move to Delist Shares
China’s state-owned telecommunications companies declined in Hong Kong after the New York Stock Exchange said it is delisting them to comply with a U.S. executive order that sanctioned companies … ( read original story …)
China telco shares lose 5% in first trading day since NYSE delisting announcement
The NYSE on Thursday said it would delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd following the U.S. government’s move in November to block investment in 31 firms that…
China Might Be the New Movie Capital of the World
China sold more movie tickets than the U.S. in 2020 for the first time ever . North American box office sales plunged 80% to $2.3 billion, the lowest sum in 40 years (not adjusted for…
China’s Wintry Cold Lifts Diesel Use as Factories Buy Generators
A frigid winter is leading to power shortages in parts of China, driving up demand for diesel as factories rush to install generators to keep the lights on. ( read original story …)
China Oil Majors May Face U.S. Delisting After Telcos Cut
Chinese oil majors may be next in line for delisting in the U.S. after the New York Stock Exchange said last week it would remove the Asian nation’s three biggest telecom companies. ( read original…
China’s steel exports rise for third consecutive month in November
A worker monitors the transfer of steel plates at Handan international land port in north China’s Hebei Province, July 16, 2020. (Xinhua/Li Hao) BEIJING, Jan. 3 (Xinhua) — China’s steel firms … ( read original…
China says US to be blamed for difficulties, but relationship might improve
Wang Yi, China’s state councilor and foreign minister, said their US policy will maintain continuity and stability and they are willing to develop China-U.S. relations in a coordinated, cooperative … ( read original story …)
NYSE to Delist China’s Major Telecom Operators
The New York Stock Exchange move comes after a government order barring Americans from investing in companies the U.S. says help the Chinese military. ( read original story …)
