President Joe Biden came to office pledging to abandon Donald Trump’s with-us-or-against-us approach to China. Instead, he’s forcing US partners to pick sides in a deepening global technology standoff …
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China will not decouple from West, Airbus CEO says
Airbus Chief Executive Guillaume Faury believes China and the West will reduce their mutual dependency in the long term but there is no question of them breaking off trade ties, he told Handelsblatt.
4 weaknesses in China’s economy, from local government finances to poor regulation
Vice-Premier Liu He and central bank governor Yi Gang are among the outgoing senior officials that have reflected on major risks facing the economy Concerns range from the worrying state of local …
Global Banks Are Quietly Cutting China Jobs as Big Bang Fizzles
China’s financial opening that kicked off three years ago was supposed to be the biggest banking play of a lifetime. It’s now at risk of foundering as a slump in deals and growing political tension…
Xi steers import expo into global platform for sharing Chinese opportunities
Entering its fifth edition this year, the China International Import Expo (CIIE) in Shanghai has become a vital platform for promoting trade, investment and global cooperation, and a “golden gate” to …
China’s Covid Zero and Housing Slump Drag on Growth Engines
China’s growth momentum likely lost steam in October with worsening Covid outbreaks and the housing slump weighing on business activities, and more economic pain is likely ahead if Beijing can’t act …
Biden will seek to establish red lines in high stakes meeting with China’s Xi
The White House, amid deteriorating relations between China and the U.S., has downplayed any hope of a major breakthrough ahead of Biden’s face-to-face meeting with Xi Jinping.
Dozens of Americans Are Barred From Leaving China, Adding to Tensions
Californian Henry Cai, who got into a business dispute, has been targeted by exit bans for nearly five years.
Biden Meets Xi: Why The China ‘Cold War’ Cannot End
Call it a new Cold War, or an Economic War, Biden cannot be seen as caving to China. And the U.S. economy cannot afford to cave to China, meaning it allows China to remain the…
China wants to mend ties with the US, but it won’t make the first move
Chinese experts say that fixing the relationship will require more than a show of goodwill from the United States. It will take agreement on fundamental aspects of the relationship, including the fate …
Apple Supplier Foxconn To Increase Workforce Four Times In India As Curbs In China Disrupt Business: Report
Apple’s largest supplier Foxconn is finalising expansion in India as per Apple’s plans to shift production away from China, as per a report.
China’s ESG financing demand could top 300 trillion yuan by 2050, triple its 2021 GDP
Demand for green financing in the world’s second-largest economy is expected to soar from 2021 to 2050, a Beijing-based government think tank says While the issuance of green and sustainable bonds has …
Germany’s Scholz visits Vietnam as manufacturers eye shift from China
German Chancellor Olaf Scholz discussed energy and trade ties with Vietnam’s Prime Minister Pham Minh Chinh during a visit to Hanoi on Sunday, the first for a German leader in more than a decade.
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