China’s three major telecom operators China Mobile, China Unicom and China Telecom have released their business performance reports for the first half of 2023, highlighting positive growth driven by …
Recent Posts
China’s Tech Giants Spend $5 Billion Buying Crippled Nvidia GPUs
As the Financial Times reports, the spending spree was triggered by speculation that the US government could impose even stricter export controls on China. Currently, Chinese companies can’t purchase Nvidia’s A100 GPU and must instead…
Chinese police to crack down on crypto and deepfake AI
During a press conference hosted by China’s Ministry of Public Security on Aug. 10, Jinfeng Sun, political commissar of the Network Security Bureau, said there had been a spree of incidents involving …
Expect ‘Limited Reaction From China’ To Biden’s Quantum, Semiconductor Investment Order, Analyst Says
China’s Response: The early stage and limited scope of the directive may lead to a subdued reaction from China’s policymakers, probably more in rhetoric than action, Mills said. However, if other countries adopt similar measures,…
China’s Deflation Danger Isn’t What You Think
If you’re American or European, your first thought on hearing this week that China is slipping into deflation probably was, “We should be so lucky.” Undeterred, investors now are fretting about price declines in China,
China’s heading for another real estate crisis — but it’s on a whole different scale than what it’s seen before
China’s property sector is teetering on another Evergrande moment, as a developer with almost $200 billion of debt is in deep trouble.
China’s top graft-buster says it detained hundreds of SOE officials in first half of 2023
Number of state-owned enterprises investigated ‘significantly increased’ from same period last year, CCDI says.
Robert F. Kennedy Jr.’s Unsubstantiated Bioweapon Claims Find Big Audience in China
Chinese media selectively picks up comments to reinforce the Communist Party’s talking points, with the U.S. presidential race playing out amid high tensions between Washington and Beijing.
China’s troubling drop into deflation
Sputtering Chinese growth — if it persists — is set to have an outsized international impact as many economies struggle to recover from the pandemic. In May, the IMF forecast China would grow at 5.2…
US investors prepare for uncertain future in China after tech ban
However, dozens of other US venture funds have continued to invest or retain stakes in Chinese companies. Among them are GGV Capital, GSR Ventures, Walden International and Qualcomm Ventures, which a congressional committee on Chinese…
China has a deflation dilemma – Is there a way out?
The recent stirrings in the economic cauldron have all eyes on China, as the nation navigates its way through a troubling deflationary period. With the world’s second-largest economy seemingly …
China responds to Biden’s investment restrictions
China has boldly come forward, openly criticizing the Biden administration’s recent endeavors to curtail U.S. investment in the technological sphere. To some, it might seem like a mere economic play, …
How fast are Binance revenues falling? New trading data offers critical clues about the health of the crypto empire and its $37 billion coin
The double hit from legal crackdowns targeting Binance and steep drop in overall trading of digital currencies has hammered the exchange’s volumes.