With Shenzhen under a week’s lockdown, the supply chain crisis will worse and inflation is likely to rise, just as the Federal Reserve prepares to hike interest rates.
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Asian nations in weaponry splurge as China tensions grow
According to the Stockholm International Peace Research Institute, India, Australia and Japan were among the world’s largest arms importers in the last five years.
XFX in Potentially HUGE Trouble Amid China GPU Import Tax Fraud Allegations?!
For those of you unaware, China is currently in the middle of something of a huge battle when it comes to graphics cards being brought into the country. The key reason for the crackdown is…
The US is ‘very far’ behind China and others in creating a national digital currency
With President Biden calling for more research on developing a national digital currency — and more regulatory oversight of cryptocurrencies — the US is attempting to catch up with the efforts of …
China’s Flare-Ups Disrupt Factories, Conferences: Virus Update
China locked down Shenzhen city and Jilin province, threatening technology and auto manufacturing output in the nation’s latest effort to contain a resurgent Covid pandemic led by the omicron variant.
Covid-19 Outbreak Shuts Down Some China Factories, Including Apple Supplier
Chinese rules aimed at stopping a coronavirus outbreak in Shenzhen have led to production halts, in the latest hit to global electronics supplies.
China Is Selling Thailand a Submarine. Problem Is, No Engines
When Thailand ordered a submarine from China, the deal specified a particular diesel engine from Germany. But the German government said no.
To thwart crypto mining in China, authorities seek public input to trace outlawed activity
A Chinese digital contest whose subjects of competition include an algorithm-based resolution to identify crypto mining activities has garnered attention in social media in recent days, amid the …
Worries over speculation, environmental impact forced China to ban crypto mining
China, which accounted for 65 percent of all cryptocurrency mining in the world and mined 30 percent of all coins in 2020, banned cryptos.
Aquila launches HK’s debut Spac IPO
Hong Kong is hosting its first listing of a special purpose acquisition company, with Aquila Acquisition Corp, a CMB International-backed Spac, kicked off bookbuilding on Monday. Aquila is aiming to …
India Planning LIC’s Mega IPO by May After Markets Calm Down, Sources Say
India is looking at a mid-May timeline for launching the mega initial public offering of its largest insurer with hopes that the market volatility triggered by Russia’s invasion of Ukraine will …
China E-Commerce Giant JD To Acquire Courier Company Deppon For $1.4 Billion
JD Logistics, the logistics arm of the Chinese e-commerce giant JD.com, is buying a majority stake in domestic courier company Deppon Logistics for 9 billion yuan ($1.42 billion).
Report: China led the world in EV exports in 2021 with 500,000 in total
It appears that these efforts have bore fruit, as the People’s Republic topped global charts in terms of EV exports last year. China accounted for more than half of the world’s EV exports, even with…
