GameStop frenzy has inspired China’s crypto community to make more bets on bitcoin and dogecoin but its stock maket remains queit. ( read original story …)
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National Fitness Lights Up the “Dual Olympic City”: The 17th Beijing Sports Games Open
China is now the world’s great oil power
China’s central bank vows to expand yuan’s international use in five-year plan
Beijing issues alerts as remnants of Tropical Storm Dolphin approach
Storms from Dolphin soak China’s east, ground nearly 950 Shanghai flights
Typhoon Dolphin soaks China’s east, disrupts life in Shanghai as Beijing braces for torrential rain
Storms from Dolphin soak China’s east, disrupt life in Shanghai
Recent Posts
Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market
Coup Puts Myanmar at the Center of U.S.-China Clash
President Biden said he would reach out to partners in the region for help, testing his promise to marshal the world’s democracies against authoritarian states … ( read original story …)
Don’t Buy But Keep Close Tabs On China’s Three Delisted Telcos
The political factor played a significant role in the delisting event. China Mobile, China Unicom, and China Telecom will lose a significant portion of liquidity if the permanent … ( read original story …)
China Stockpiles Chips and Chip-Making Machines to Resist U.S.
China is taking decisive steps to protect itself from a widening U.S. technology ban, with imports of computer chips and the machines that make them surging last year. ( read original story …)
Manufacturing: The China Inc. model
China produces 28% of the world’s manufacturing output. The U.S. produces about half that. While China’s manufacturing sector has increased as a percentage of its gross domestic product, U.S. ( read original story …)
In South China Sea, Philippines fights itself over Beijing’s coastguard law
Discord amid silence from Duterte suggests confusion in Manila’s response to a law critics fear will be used to enforce Beijing’s territorial claims. ( read original story …)
U.S. urges Beijing to cease military, diplomatic, economic pressure against Taiwan: State Dept. official
U.S. State Department spokesman Ned Price said on Tuesday that Beijing should to cease military, diplomatic, economic pressure against Taiwan, after China’s top diplomat called for improvements in U.S … ( read original story …)
China’s Short-Term Money Rates Fall to Two-Week Low as PBOC Injects Liquidity
China’s short-term money rates eased to two-week lows on Tuesday as signs of liquidity tension in the interbank money markets started to fade, traders said. The Shanghai Interbank Offered Rate (SHIBOR … ( read original…
Shenzhen’s foreign trade up 2.4 percent in 2020
Shenzhen’s foreign trade grew by 2.4 percent, year on year, to reach 3.05 trillion yuan (about 473 billion U.S. dollars) last year, local customs said on Tuesday. Exports rose by 1.5 percent, year on ……
Europe lockdowns expected to dent Capri revenue, China in focus
Capri Holdings is expected to post a fourth straight fall in quarterly revenue on Wednesday as the blow from fresh lockdowns in Europe eclipses a China-driven recovery in sales of its luxury handbags … (…
Alibaba: Uncertainty over China probe eclipses strong earnings
China’s antitrust probe into Jack Ma’s empire has wiped more than $130bn off Alibaba’s value since its October record. ( read original story …)
Beijing says the US should ‘stay transparent like China’ and invite WHO to investigate the origins of COVID-19 pandemic in America
China has called on the US to invite WHO experts to investigate the origins of the novel coronavirus there as Beijing pushes on with the theory that COVID-19 may have come from America. ( read…
Containing China is not a feasible option
But is this really a feasible policy? I believe the answer is: no. Such an essentially zero-sum view of the US-China relationship is contained in The World Turned Upside Down by Clyde Prestowitz. He ……