Bitcoin, ethereum and other major cryptocurrencies have cheered a U.S. debt ceiling deal, despite president Joe Biden’s earlier stark crypto warning.
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De-risking trade with China is a risky business
Another dependency that the west is striving to reduce is the more than 90 per cent of advanced semiconductors that come from Taiwan, the island which is vulnerable to an invasion by China. The US…
Markets are sounding alarms on China’s economy, but analysts say Wall Street is missing the big picture
“That’s the one big negative factor that I worry about more than all the other things that we have talked about. Why is private investment so weak?” …
China’s thriving tech innovation a boon for emerging business forms
According to Carl Fey, a professor of strategy at BI Norwegian Business School, China possesses a vibrant atmosphere for technological innovation, and the thriving environment is fostering new …
In Latin America, China Gets Down to Business as US Dithers
Before COVID-19 raged through Chile in all its lethal power, Jorge Barrios sat in his living room using sanitation wipes to scrub a recently received package. “It’s from China,” he said. “You have to …
Exclusive trade arrangement will hurt economic health of Asia-Pacific region: China Daily editorial
The deal, which is aimed at building supply chains that exclude China, is the first result of the Joe Biden administration’s trade initiative in the region called the “Indo-Pacific” Economic Framework …
China’s Position on Global Digital Governance
China stated its position on global digital governance, reaffirming the country’s stance on data sovereignty and responsible technology.
China Rejects US Claim That It’s ‘De-Risking’ Not ‘Decoupling’
President Joe Biden and his European allies have repeatedly stressed their desire to “de-risk,” not “decouple,” from the Chinese economy in recent months as a way to explain a slew of new restrictions on trade…
TikTok Owner Under Pressure in China Over Death of Influencer
Platforms like Douyin bear “inescapable responsibility,” a state-owned newspaper said of a livestreamer’s death earlier this month.
China’s Chip Imports Drop 21% in January to April on US Export Ban, Self-Reliance Push
China’s imports of semiconductors fell 21 percent in the first four months of the year, impacted by US export restrictions and stepped up efforts toward self-reliance, according to the latest official …
Alibaba Cloud Unit Said to Cut 7％ of Staff ahead of Spinoff and IPO
Alibaba has initiated a new round of layoff within its unit engaged on cloud service, and could cut about 7% of staff, as part of preparation for a spinoff and the following initial public offering…
China’s factory activity likely contracts in May – Reuters poll
China’s factory activity likely contracted further in May, a Reuters poll showed on Monday, adding to pressures facing the world second-biggest economy amid an uneven economic recovery from the …
MYEG’S ZETRIX TO ROLL OUT CROSS-BORDER TRADE CONNECTIVITY TO CHINA IN 3Q
MY E.G. Services Bhd’s (MYEG) layer-1 public blockchain infrastructure Zetrix is expected to roll out its cross-border trade connectivity to China’s blockchain platform within the third quarter (3Q) …
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