China in the News: June 17, 2021

China News
China News

What the world is saying about China (past 24 hours)

Biden denies he’s ‘old friends’ with China’s Xi, says world questioning Beijing on COVID-19 origin probe – Biden denies he’s ‘old friends’ with China’s Xi, says world questioning Beijing on COVID-19 origin probe. Fox News White House correspondent Peter Doocy …

Iron ore price: Five triggers that could push price down – Chinese consumption of iron ore falls “as the impact of stimulus measures fade” … China shifting to using “electric arc furnaces (EAF)” instead of iron ore and …

Pushing against China, U.S. lawmakers plan pro-Taiwan bill – Bera said he expects much of the Taiwan Act eventually to be included in the “Eagle Act,” a sweeping bill on dealings with China that Representative Greg …

Bitcoin Hashrate at 6.5-Month Low as China Cracks Down – Bitcoin Hashrate Drops to 6 1/2-Month Low After China Mining Crackdown. The Bitcoin network’s processing power could rebound if miners relocate to other …

Shenzhou-12: China to launch first crew to new space station – China is set to launch three astronauts into orbit to begin occupation of the country’s new space station. The three men – Nie Haisheng, Liu Boming and Tang …

Global Concerns And Questions Grow As China Admits Fuel Rods At Nuclear Plant Are Damaged – Global concerns of a possible ecological and geopolitical disaster loom large as China has finally admitted that some of the nuclear fuel rods in its Taishan …

Biden queries China’s desire to find origin of coronavirus – GENEVA (Reuters) – U.S. President Joe Biden said China was trying to project itself as a responsible nation in regard to the COVID-19 pandemic, but it …

What can the G-7 learn from China’s transition to climate-smart growth – President Xi Jinping has said that China will achieve carbon emissions peak ahead of its 2030 target and would aim for net-zero emissions by 2060. More …

China Promulgates Data Security Law | WilmerHale – JDSupra(iii) require Chinese authorities to handle cross-border data transfer requests made by foreign judicial or law enforcement agencies based on international …

Penfolds puts an RM Williams boot into China tariffs – There’s a certain irony about an iron ore merchant’s shoe business being used to promote wine the Chinese won’t buy, but the offer is open to anyone until June …

UPDATE 1-Biden queries China’s desire to find origin of coronavirus – Asked if he would call Chinese President Xi Jinping as “old friend to old friend” to ask him to re-admit World Health Organization investigators, Biden said: “Let’s …

NATO Targets the ‘3 C’s’: China, Cyberattacks and Climate Change – NATO Targets the ‘3 C’s’: China, Cyberattacks and Climate Change. Biden’s “America Is Back” message was successful, but the entire alliance must address the …

US may decouple from China to protect security: treasury report – US treasury secretary Janet Yellen on Wednesday said she expects the United States to decouple in some areas from China to protect its national security, but …

Ask PolitiFact: What is China’s Belt and Road Initiative, and why is Joe Biden concerned? – The G-7 effort, called “Build Back Better for the World,” or B3W for short, is being championed by President Joe Biden as a way to counter China’s authoritarian …

China’s J-20 Stealth Fighter Might Have a ‘Secret Weapon’ – Few pilots have had an opportunity to fly China’s new J-20 “Mighty Dragon” aircraft, but one of the first test pilots to operate the fifth-generation aircraft said it …

Taiwan Accuses China of Blocking Access to BioNTech Vaccine – But the crux of the problem is that a Chinese company claims the exclusive commercial rights to distribute BioNTech’s vaccine in Taiwan. And for many people in …

AUS won’t back global tax plan with carve-outs for China: Yellen – US won’t back global tax plan with carve-outs for China: Yellen. FILE PHOTO: G7 finance ministers meet in London US Treasury Secretary Janet Yellen speaks …

WATCH: Biden swats down Fox News’ Peter Doocy for calling China’s leader his ‘old firiend’ – “But China basically says they don’t want to be interfered with anymore, so what happens now?” the Fox News reporter pressed. Biden said that China was “trying …

China Issues Data Security Law – The DSL not only governs data activities conducted in China, but also regulates … or public interest, or the legal interests of citizens and organizations in China.

Biden says of China’s Xi: ‘We know each other well, we’re not old friends’ – GENEVA, June 16 (Reuters) – U.S. President Joe Biden said China was trying hard to project itself as a responsible nation in regard to the coronavirus pandemic …

China Set to Launch First Crew to Its New Space Station – The mission will be China’s longest crewed mission to date. Advertisement. The three-person crew will launch to the new space …

China will launch 3 astronauts to space station tonight. Here’s how to watch live. – China is poised to launch its first crewed spaceflight in nearly five years. The Shenzhou-12 mission is scheduled to lift off tonight (June 16) from Jiuquan Satellite …

Italy says busts China money laundering, European metals scam – To make the documentation more authentic, they sent some 150 million euros in deposits to Chinese banks as apparent payment. Police said their surveillance …

Biden administration talking to China on Boeing Max approval – “We’re absolutely working on it,” Commerce Secretary Gina Raimondo said in an interview Tuesday with Bloomberg Television’s David Westin. “China’s a big …

China’s Economy: Visualizing 40 Years of Soaring Exports – The above animated chart from the UNCTAD showcases China’s rise to global trade dominance over time. Timeline: The Rise to Power. The China of the mid-20th …

China’s Campaign to Control Commodities Goes Into Overdrive – China has stepped up its campaign to rein in commodity prices and reduce speculation in a bid to ease the threat to its pandemic rebound from …

Copper price and China reserves: sell on rumor, buy on fact – Copper prices rose on Wednesday, recovering from a seven-week low struck Tuesday, despite China’s campaign to reduce speculation and cool rampant …

Navigate China’s Data Security Law: Ensure compliance and mitigate potential risks June, 2021 – Overview -. China is to reach a new height in enhancing national security in data area. On June 10, 2021, China adopted the widely concerned Data Security …

ASRock Says China Crypto Demand Waning, GPU Prices Dropping: Report – China’s recent cryptomining bans could spur miners to sell off GPUs on the second-hand market, drastically improving overall supply. For perspective, miners are …

Taiwan wants German vaccines. China may be standing in its way – China has a say in Taiwan’s inoculation campaign because BioNTech last year partnered with a Shanghai company, Fosun Pharma, to distribute its COVID …

China’s economic growth moderates as consumers stay cautious – Factory output, a key growth pillar in China’s pandemic recovery for more than a year, remained resilient last month, but investment and domestic consumption fell …

Biden’s Worried About Ukraine’s China Fling – U.S. President Joe Biden and his European allies are worried China is making inroads into Ukraine’s defense industry by buying up companies, an effort officials …

Americans stunned after Tom Cotton warns China might harvest DNA from US Olympic athletes – Tom Cotton (R-Ark.) recently faced blowback for his remarks suggesting China may collect the DNA of U.S athletes who participate in the upcoming Winter …

China, Russia aim for first joint astronaut Moon landings in next decade – China and Russia expect to put their first crews of astronauts on the Moon sometime in the next decade, representatives said on Wednesday. Already …

Meet the astronauts set to blast off on Chinese space station mission – Joining Nie for China’s first manned space flight in five years are Liu Boming, an experienced astronaut who has travelled to space once before, and Tang Hongbo …

Republicans press education secretary on China’s foothold in US universities – Jim Banks, R-Ind., and Virginia Foxx, R-N.C., pressed Education Secretary Miguel Cardona for answers about his department’s plans to investigate China’s …

US Senator warns China could harvest DNA of American Olympians – Cotton, a member of the Senate Intelligence Committee, detailed several of his concerns, including China’s “invasive” surveillance system. He also warned …

China’s Afghanistan Challenge and the Central Asian Dilemma – None expect China to replace the United States in military terms, but Central Asia may hope Beijing plays a more substantial role in Afghanistan. By Niva Yau and …

Why Chinese Education Stocks Plummeted on Wednesday – Shares of Chinese education companies plummeted today following a report that the Chinese government is about to impose a variety of strict regulations on the …

U.S. Needs ‘Combat-Credible’ Forces to Deter China, Nominee Says – Biden pick for senior Pentagon post testifies to Senate panel · Ely Ratner expected to help Pentagon draft China approach …

China passed Anti-Foreign Sanctions Law | Dentons – JDSupra – Since 2018, US-China relations have taken a sharp turn for the worse, with the United States placing Chinese government, officials, and companies on various …

China offers glimpse of Tibetan life without the Dalai Lama – Across the street, a red banner spells out a new belief system, one being enforced with increasing fervor, of China’s ruling Communist Party. “Xi Jinping’s new …

China’s CBDC rollout gathers momentum – China has made great strides in its bid to develop a central bank digital currency (CBDC) and lay the foundations to make the digital renminbi a global reserve …

Satellite Photos Show ‘Substantial Progress’ on China’s New Aircraft Carrier – A new satellite photo shows China making “substantial progress” on its newest … The Chinese navy has two aircraft carriers — the Liaoning and Shandong.

Blackstone strikes $3bn deal for office developer Soho China – Blackstone has agreed to buy property developer Soho China for about $3bn, marking the US private equity group’s biggest bet so far on a Chinese real estate …

China set to send first crew to new space station Thursday – JIUQUAN, China — The three members of the first crew to be sent to China’s space station say they’re eager to get to work making their home for the next three …

Snubbing China’s Belt and Road Initiative could be disastrous, Italian expert tells Mario Draghi – Italy’s potential withdrawal from Beijing’s Belt and Road Initiative risks triggering a “disastrous” economic boycott by China, according to the expert who helped …

ASCO 2021 update: Chinese checkpoint inhibitor in first-line head and neck cancer – AiRuiKa (camrelizumab) is a programmed cell death ligand 1 (PD-L1) inhibitor being developed by Jiangsu HengRui Medicine, a Chinese pharmaceutical …

China to send first astronauts to its space station site – Chinese astronauts Nie Haisheng, Liu Boming and Tang Hongbo are due to launch from the Jiuquan spaceport in the Gobi Desert. The trio will stay on the core …

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