China’s local government financing vehicles are chipping away at their $1.6 trillion pile of debt, as regulators aim to curb the sector’s credit risk.
Tagged By covid-19
Milk Tea Craze Is Bringing Out All China’s Wrongs
People still spend money on small indulgences during economic downturns. If Chanel lipstick is the go-to item for women, milk tea drinks are soothing China’s urban youth, who are dealing with stubbornly high unemployment.
China cost U.S. $18 trillion through lack of transparency on COVID-19: nonpartisan commission
Report by commission convened by Heritage Foundation, including Republican and Democratic heavy-hitters, proposes revisions to Foreign Sovereign Immunity Act to allow lawsuits by U.S. victims of China …
Nonpartisan commission says COVID-19 likely came from lab and recommends holding China accountable
A nonpartisan commission of former government officials and scientists is calling on the federal government to hold China accountable for COVID-19, finding that the virus was likely the result of a …
China and Belarus conduct joint military exercises right next to NATO and EU’s border
China and Belarus announced they were holding joint military training exercises just miles from the border of Poland – a NATO and European Union member.
Job posting, pandemic law do not prove COVID-19 was planned | Fact check
It claims the Centers for Disease Control and Prevention job post and the law predating the discovery of COVID-19 in China show preparations for an intentional COVID-19 pandemic were happening back in …
U.S. Creates High-Tech Global Supply Chains to Blunt Risks Tied to China
The Biden administration is trying to get foreign companies to invest in chip-making in the United States and more countries to set up factories to do final assembly and packaging.
Exclusive: U.S. Voters Value Safe AI Development Over Racing Against China, Poll Shows
The findings indicate that American voters disagree with a common narrative levied by the tech industry, in which CEOs and lobbyists have repeatedly argued the U.S. must tread carefully with AI regulation in order to…
Heritage Foundation Discussion on China and the COVID-19 Pandemic
Former National Intelligence Director John Ratcliffe (Trump administration, 2020-21) and policy advocates discuss China’s role in the Covid-19 pandemic during an event hosted by the Heritage …
China has shown ‘utmost sincerity’ over China-EU EV tariff talks, ministry says
China has shown the “utmost sincerity” over consultations relating to a European Union investigation into electric vehicle subsidies, and a comment attributed to an EU official is “grossly inconsistent with the facts,
China Threat Pushes U.S. Allies Into Historic Defense Pact
The Philippine coast guard has repeatedly clashed with its Chinese counterpart in the contested waters of the South China Sea this year, while in the East China Sea, Japan accused Chinese coast guard vessels of…
China State Media Slams Sinograin Over Alleged Use of Fuel Tankers to Transport Cooking Oil
The Beijing News last week reported it was an “open secret” in the transportation industry that Sinograin was using tankers to transport both fuel and food products like cooking oil, soybean oil and syrup, without…
Beijing to support use of self-driving cars in online ride-hailing services, state media says
China’s capital Beijing has plans to support the use of self-driving cars in online ride-hailing services, the official Beijing Daily reported on Monday, citing municipal draft rules for autonomous vehicles.
