Beijing has ratcheted up efforts to crack down on spying and adopted a new counter-espionage law that has intensified the risks for foreign firms.
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Ex-chairman of China Everbright Group expelled from Chinese Communist Party
Another former top business leader in China has been kicked out of the Chinese Communist Party, showing how a crackdown on the country’s financial sector is continuing into the new year.
US intel shows China’s army had missiles filled with water instead of fuel, in a corruption scandal that led to Xi’s military purge: Bloomberg
US intelligence also indicated that entire fields of missile silos in Western China used lids that posed problems for launch, per Bloomberg.
Lawmakers Push to Defuse China’s Dominance of Older-Generation Chips
A House panel’s letter urges the Biden administration to seek tariffs or take other actions to counter Chinese microchip industry.
Asia thermal coal imports hit record, but supply keeps prices muted: Russell
Asia’s imports of seaborne thermal coal rose to a record high in December as top buyer China sucked up cargoes amid peak winter demand.
Ticker: China sanctions 5 defense companies; Tesla recalls 1.6 million EVs exported to China
China announced sanctions Sunday on five American defense-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals.
China Evergrande’s EV unit says vice chairman detained
China Evergrande New Energy Vehicle Group said on Monday an executive director Liu Yongzhuo, who is the firm’s vice chairman, has been detained on suspicion of “illegal crimes” but did not elaborate …
China sanctions US defence firms over Taiwan sales
China has announced sanctions on five Western defence firms over the latest round of US arms sales to Taiwan.The announcement comes as Taiwan prepares to hold presidential and parliamentary elections …
Australia pushes to reform China-led development bank
The Asian Infrastructure Investment Bank has been criticised for having alleged Chinese Communist Party influence among its upper ranks.
China Says It Caught Foreign Consultant Spying for UK’s MI6
(Bloomberg) — China has detained the head of an overseas consulting firm for allegedly spying on the Asian nation for the British government, putting renewed focus on an industry targeted by …
China Deal Slump Forces Wall Street Banks to Cast a Wider Net
Global investment banks in Asia are facing up to a new reality after two consecutive years of anemic deal flow from China.
UBS Plans Bigger China Onshore Wealth, Asset Management Business
UBS Group AG aims to grow its wealth and asset management business in China, despite the slowing economy and dearth of deals that’s weighed on some Wall Street and European lenders in the country.
Visiting Shenzhen, A Small Example of the Big Relationship between Language and Economy
Those who choose to study Indonesian in China see extensive opportunities. In the industrial world, language works to convey the company’s intentions. All are small examples of the big relationship …