This was meant to be the year China’s economy, unshackled from the world’s strictest Covid-19 controls, roared back to help power global growth. Instead, it’s facing a confluence of problems: Sluggish …
Featured Posts Title
Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems
Live updates: Trump told donors he threatened to bomb Moscow and Beijing, audio shows
Trump wants to talk business with Africa in hopes of countering China. But a US summit excludes Africa’s big players
Europe and China’s medical device tit-for-tat shows that Trump tariffs aren’t helping Beijing make friends
China unveils new steps to aid employment amid trade tensions
China responds after reports Iran seeks J-10 fighter jets
More than 200 children found with high lead levels after kindergarten in China uses paint as food coloring, authorities say
Recent Posts
China’s Economy Is Slowing. Here’s Why that Matters
FDA Allows More Cancer Drug Imports From China as US Faces Shortages
US regulators are allowing imports of additional supplies of a cancer drug from China amid a nationwide shortage that has forced doctors to ration care, putting patients’ lives at risk.
FDA to import more Chinese cancer drugs amid shortage
The Food and Drug Administration (FDA) is opening the way for more cancer drugs from China as the U.S. continues to deal with an ongoing shortage in key chemotherapy treatments. A spokesperson for …
Chinese Developers Advance After Beijing Extends Support for Property Sector
Chinese developer stocks advanced authorities’ announcement of new loan-relief measures for the embattled real-estate sector.
China’s $77 Billion Bank Rout Shows Who Pays Price for Rescues
Investors in Chinese bank stocks are getting a painful reminder of who’s likely to bear the brunt of government efforts to shore up the embattled real estate sector and revive economic growth.
Yellen offers no concessions in economic push against China
One of her central aims was to promote the fiction that the widespread technology bans are only related to possible military use and not aimed at crippling Chinese economic advances in this area.
Head of crypto firm Circle accepts ban in mainland China, but sees role for yuan-backed stablecoins
Circle co-founder and CEO Jeremy Allaire acknowledged that China is not likely to open up to cryptocurrencies, but said stablecoins could help Beijing in its goal of yuan internationalisation.
Mainland Chinese take advantage of Hong Kong’s crypto grey zones
But the lack of scrutiny of Hong Kong’s OTC shops and their proximity to mainland China, which remained the world’s fourth biggest market for crypto trading in 2022, made it attractive to Chinese …
China to Lay Down AI Rules With Emphasis on Content Control – FT
(Reuters) – The Cyberspace Administration of China aims to create a system that will force companies to gain a licence before they can release generative artificial intelligence systems, the Financial …
DOJ indicts missing man who claims to have provided FBI with info on Biden family’s China business dealings
Gal Luft, who claims to have provided the FBI and DOJ with information on the Biden family’s business dealings in China, has been charged with failing to register as a foreign agent.
Biden Bets High-Level Diplomacy Can Cool Fiery Relations With China
President Biden hopes the diplomatic trips this summer by his aides lead to frank talks with Xi Jinping and other Chinese officials before the 2024 U.S. elections.
Stress Is Building in China’s $12 Trillion Onshore Credit Market
The chairman of the country’s second-largest builder, China Vanke Co., called the housing market “worse than expected” as he joined a chorus of voices darkening on the sector. June sales among the 100 …
China inflation: 3 takeaways as deflation risk rose in June
China’s consumer price index (CPI) hit its lowest growth reading since February 2021 in June, while the producer price index (PPI) reached its lowest point since December 2015, data released on Monday …