Beijing’s crackdown on its tech giants is fueling a noticeable phenomenon: it’s opened the spending floodgates.China’s largest internet corporations are digging deep into their pockets to open up new …
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China Struggles to Suppress Bubbles
China is stepping up efforts to rein in abnormal fluctuations in commodity prices and financial markets. Bloomberg’s Richard Frost and Jason Rogers report on “: China Open.” (Source: AccuWeather) …
China could cut off Australia’s $136 billion iron ore exports in just a few years, analyst warns
When it comes to saving Australia’s economy from the grips of the pandemic recession, it’s hard to overstate the importance of iron ore.
US-China trade war: top negotiators hold ‘candid and constructive’ talks, first of Joe Biden presidency
Chinese Vice-Premier Liu He and US Trade Representative Katherine Tai spoke by telephone, with Beijing stressing the importance of developing bilateral trade.
How China Rivals Elon Musk in Rattling Crypto Markets: QuickTake
Not much moves cryptocurrency markets like Elon Musk tweets — except, perhaps, the idea of another crackdown in China, the world’s second-largest economy. From a trading ban on domestic exchanges to …
U.S. agricultural exports to China to hit record high: USDA
U.S. agricultural exports to China are expected to hit a record high of 35 billion U.S. dollars in fiscal year (FY) 2021 that ends on Sept. 30, eclipsing the previous record of 29.6 billion dollars…
World Faces Longer Supply Shortage as China’s Factories Squeezed
Eric Li’s factory making glass lampshades for companies including Home Depot Inc. is being stretched to its limits with sales doubling their pre-pandemic level.
China’s Scrutiny of Corn Imports Spurs U.S. Cargo Cancellations
China is clamping down on some corn imports amid concern that overseas purchases have spiraled out of control, prompting several feed mills to cancel their U.S. cargoes.
China restricting corn imports
A market analyst says corn is one of the U.S. commodities being “punished” by a sudden shift in Chinese trade policy. Global Commodity Analytics president Mike Zuzolo tells Brownfield customs …
China supplying N. Korea, Iran with dangerous nuclear tech, missiles: Report
China is continuing to sell dangerous nuclear technology and missiles around the world, mainly to North Korea and Iran, according to the Congressional Research Service.
China, U.S. Governments Explore Adopting Cryptocurrencies Even as Stricter Regulations Loom
The world’s two largest economies, China and the United States, look to build their own digital currencies even as they look to reign in the private crypto sector.
TikTok owner ByteDance launches share buyback after shelving IPO plans: Report
ByteDance, the Chinese owner of short video platform giant TikTok, launched a share buyback this week for current and former employees, two people …
TikTok owner ByteDance launches share buyback after shelving IPO plans – sources
ByteDance, the Chinese owner of short video platform giant TikTok, launched a share buyback this week for current and former employees, two people with direct knowledge of the matter said on Wednesday …
