Heritage Foundation-convened commission with Republican and Democratic members blames China for excess deaths caused by U.S. policy decisions, claims long COVID affects “at least” 10-20% of people.
Featured Posts Title
China seizes 60,000 maps for ‘mislabelling’ Taiwan
China trade freeze squeezes US soybean farmers as costs climb, profits vanish
Asia markets rise, breaking ranks with Wall Street’s declines on renewed U.S.-China trade feud
Global markets tumble as Beijing imposes new ban on U.S. shipping. Bessent vows China ‘will be hurt the most’ if it doesn’t surrender
Amid trade tensions, Trump threatens ban on cooking oil from China over soybean purchases
Trump’s tariffs on cabinets, furniture and lumber are live today, as trade tensions with China ramp up again
FirstFT: Scott Bessent accuses China of trying to hurt world’s economy
Recent Posts
End Chinese immunity against U.S. lawsuits, COVID commission says, but invokes strange statistics
China plans to raise minimum capital ratio for solar PV manufacturing to 30%
China’s industry ministry issued on Tuesday a draft rule increasing the minimum capital ratio for solar photovoltaic (PV) manufacturing projects to 30%.
Gridlock in China: huge spending on network to cope with green energy surge
During the first four months of this year alone, China invested Rmb122.9bn (US$17bn) in its power grid projects, a 24.9 per cent year-on-year increase. That compares with the $3.5bn spend announced last October by US…
Australia pledges more funds for Pacific banking amid China interest
Australia on Tuesday pledged to boost investments in Pacific Island countries to support their banking systems after global financial firms limit services with them, citing risks, at a time when China …
China’s Moore Threads adds support for 10k GPU clusters
Chinese GPU vendor Moore Threads says its datacenter-focused AI systems can now support clusters of up to 10,000 accelerators – a tenfold increase from tech it offered last year.
China’s BYD plans $894 mln EV parts project, state media says
Chinese electric vehicle manufacturer BYD has signed an agreement to build a factory for core parts of new energy vehicles with total investment of 6.5 billion yuan ($894.2 million), state-backed …
National Security: Louisiana Sen. Kennedy Calls To Halt AI Microchip Exports To China
Louisiana Senator John Kennedy urged the Biden administration Monday to take immediate action in halting the transport of advanced artificial intelligence (AI) microchips to China. This call to action comes amidst growing concerns over national…
Lay-offs by China’s top firms in key industries show unemployment biting through economic turmoil
A Post review of 23 annual reports from leading Chinese firms found that more than half downsized last year, while others slashed staff-related expenses.
China’s $1.6 Trillion LGFV Bond Market Shrinks by Most in Years
China’s local government financing vehicles are chipping away at their $1.6 trillion pile of debt, as regulators aim to curb the sector’s credit risk.
GM’s China brands down sharply in second quarter
GM and other outside automakers have been struggling to compete in a country with an array of new and affordable EV offerings.
Milk Tea Craze Is Bringing Out All China’s Wrongs
People still spend money on small indulgences during economic downturns. If Chanel lipstick is the go-to item for women, milk tea drinks are soothing China’s urban youth, who are dealing with stubbornly high unemployment.
‘History has been made.’ Why promises by Trump, GOP platform to defend crypto are a big deal for the industry.
In a move that could significantly impact the future of digital assets, the Republican Party has included language in its 2024 platform promising to …
China cost U.S. $18 trillion through lack of transparency on COVID-19: nonpartisan commission
Report by commission convened by Heritage Foundation, including Republican and Democratic heavy-hitters, proposes revisions to Foreign Sovereign Immunity Act to allow lawsuits by U.S. victims of China …