White House says it supports Congressional action to require American companies to notify the government before investing in critical sectors in China.
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Don’t Sleep on China’s Global Development Initiative
China’s GDI was largely overshadowed by the G-7’s new infrastructure initiative. Given both sides’ track records, though, that may be a mistake.
UN Says Developing Nations Should Ban Bitcoin Ads, Regulate Crypto Wallets
The UN believes crypto could threaten the monetary sovereignty of developing nations, and it’s recommending strict rules to curtail their use …
Boycotted Brands on the Rise in China
China has boycotted 78 foreign companies — a six-fold increase compared to the preceding eight years. How can brands brace themselves?
India-China trade goes up to over $67 bn in first half of 2022
The India-China trade is on course to cross USD 100 billion for the second consecutive year as it has gone up to USD 67.08 billion in the first half of this year amid a big…
Luxury Takes Center Stage At China’s Fourth Busiest Airport That You’ve Probably Never Heard Of
Contrary to popular opinion the airports of Shanghai and Beijing are not at the top of the 2021 passenger rankings. One gateway that is busier than both of them is now charting a course to…
Senators push for stricter rules on companies advising the U.S. and adversaries like China and Russia
Congressional aides said the bill was prompted in part by NBC News reporting about McKinsey & Co.’s work for the Pentagon and Chinese and Russian state-owned enterprises.
Heat wave threatens power shortages and higher pork prices in China
A scorching heat wave in China has forced a major manufacturing region to appeal to businesses and households to use less power, while fear of crop failure is sending pork prices soaring.
China’s ‘stolen military secrets’: How Xi’s army learned from West – but is still weaker
CHINA’s “stolen military secrets” have been laid bare by a US military expert, who told Express.co.uk how Xi Jinping’s army learned from the West, but remains weaker.
China’s Oil Imports Fell In June
China imported an estimated 1.6 million bpd less in June, according to calculations by energy analytics provider OilX …
Alibaba And Tencent Fined In China Tech Crackdown
Stocks in China plunged Monday as the country’s anti-monopoly authority announced multiple fines for failure to report past merger activities.
Why the US is selling stockpiled oil to China
The government is obligated to find the highest possible price for assets that it sells, and sometimes US companies aren’t able to handle more oil.
Despite Their Thirst For Oil, China And India Will Never Depend On Russia
The Europeans are shunning Russian oil and gas — commodities that China and India can now get at a discounted rate. But that cannot keep Russia viable.
