China in the News: June 29, 2021

China News
China News

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

China’s CoronaVac jab safe and effective in children as young as three, study says – China’s CoronaVac vaccine is safe and effective to use in children as young as three, new research has shown. In a study of 550 young people, two doses of the …

Iron ore price: China-linked AustSino strips Africa project from Australia – An Australian mining company says it is “shocked” after a former partner with links to major Chinese state-owned firms swept in to take over a suite of iron ore …

Get as many Didi shares as you can after the Chinese ride-hailing giant goes public, Jim Cramer says – CNBC’s Jim Cramer recommended investors get in on the initial public offering for China-based ride-hailing company Didi. · “If you want to speculate on a Chinese …

Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model – It will also be more accommodating than China’s authoritarian approach to crypto regulation. US Regulation Would ‘Ultimately Be Very Positive’ for Mass Adoption …

Was Milton Friedman Wrong About China? – WSJ – “I predict that China will move increasingly toward political freedom if it continues its successful move to economic freedom.” So spoke Milton Friedman in 2003.

Lonza Invests in Facility in China – Lonza made new investments in GMP laboratories and mid-scale manufacturing assets at its API manufacturing center in Nansha, China. The investments …

China Beige Book sees creeping caution among Chinese consumers and businesses – The China Beige Book found in its latest quarterly survey that a measure of Chinese corporate borrowing fell to its lowest in the study’s history, and that …

China’s worsening ties with the world will hurt its economy – and also the rest of the world’s – China’s modest consumption-to-GDP ratio stands in stark contrast to that of the United States, which, at around 70 per cent, is probably excessive. The upshot, in …

China’s president calls Shenzhou 12 astronauts on space station – China’s president made a call to the Tianhe space station module on Wednesday (June 23) to give his support to the Shenzhou 12 astronauts for their landmark …

What India can learn from China’s evolving foreign policy – As the Chinese Communist Party begins its centenary celebrations this week, it is a good moment for India to reflect on China’s great progress and its …

Secret camera that caught Matt Hancock’s kiss with aide Gina Coladangelo is Chinese made – Hikvision is one of the core suppliers of Xinjiang’s surveillance state,” CRG said. China’s strengths as a cyber power are being undermined by poor security and …

Embattled parent of BMW’s China partner names new chairman – Brilliance makes vehicles with BMW in the northeastern Chinese city of Shenyang. It also has a joint venture with Renault SA. Yan Bingzhe, Huachen’s former …

Tuberville owned stock in Chinese firm as candidate – Alabama Republican Senator Tommy Tuberville owned stock in a Chinese company with ties to the Chinese Communist Party during the time he was a Senate …

China’s 1-cent masks drive US manufacturers to the brink – And the company blames cheap imports from China for its reversal of fortune. “Selling the mask for less than a penny is not possible,” said Brent Dillie, the chief …

Huobi Bans Chinese Residents From Derivatives Trading As China’s Crypto Crackdown Continues – China’s ongoing crackdown on cryptocurrencies has forced Huobi exchange to halt derivatives trading services to users in China. As per an updated User …

Baozun Acquires eFashion China to Extend its Reach in Branded Fashion Sector – BEIJING, China, June 28, 2021 (GLOBE NEWSWIRE) — Baozun Inc. (NASDAQ: BZUN and HKEX: 9991) (“Baozun” or the “Company”), the leading brand …

Railway project funded by China endangers Subic mangroves – Railway project funded by China endangers Subic mangroves. The planned P50-B Clark-Subic rail system will cut through 42 hectares of protected area, …

Japan Defense Official Outlines Threat From More Assertive China – China’s claims in the South China Sea, military exercises in Japanese territory and the sovereignty of Taiwan were other issues that Nakayama brought up while …

From the big screen to boardrooms, China is tightening grips on US companies – As talk of a U.S.-China “decoupling” has subsided somewhat since the height of the Trump administration trade wars, both Washington and Beijing are moving …

The Chinese women desperate to keep working but forced to retire – China’s female professionals are challenging the world’s lowest retirement age as Beijing grapples with balancing the needs of an ageing workforce and youth …

CBP Issues WRO on Solar Materials Made By Chinese Companies – These actions follow US Customs and Border Protection’s (Customs or CBP) escalating enforcement efforts against forced labor in the People’s Republic of China …

Elusive Chinese Mountain Cats Aren’t Domestic Cats’ Ancestors – A new genetic study involving the elusive Chinese mountain cat of the Tibetan Plateau has determined that this wild feline did not give rise to a separate lineage …

Victims Tortured In China Appear Before Fairfax City Council – The resolution also formally expressed the council’s opposition to China’s state-sponsored forced organ harvest of minorities, religious groups and political …

‘Decoupling’ with China is Not the Answer – ‘Decoupling’ with China is Not the Answer … “Passing laws that can impose new trade sanctions, freeze property, and even deny companies access to our patent …

Road Deal With China Is Blamed For Catapulting Montenegro Into Historic Debt – SCHMITZ: A copy of the loan contract reviewed by NPR shows that if Montenegro is not able to repay China’s state-owned Export-Import Bank on time, the bank …

China is not the cyber superpower that many people think – China’s strategy is lagging, and its cyber defenses are weak, but it is the third area just mentioned — the strength of its digital economy — where the U.S. maintains …

Italy’s Di Maio says ties to US more important than those to China – ROME — The United States is a much more important ally for Italy than China, Italian Foreign Minister Luigi Di Maio affirmed Monday. During a news conference …

REFINERY MARGIN TRACKER: Singapore margins strengthen as Chinese import taxes take effect – Singapore cracking margins are tracking higher after China’s new tax on gasoline blending component imports went into effect, an analysis by S&P Global Platts …

Tesla issues recall for 250000 cars in China over assisted driving acceleration – Tesla Model 3 and Model Y owners in China will soon receive an over-the-air software update to handle a new recall. Those with affected vehicles won’t actually …

House to Vote on Its Version of US-China Competitiveness Bills – While the Senate pulled separate pieces of legislation into a single bill intended to bolster U.S. competitiveness with China, the House is taking a more …

Tesla recalls 285,000 cars in China over cruise control safety issues – The electric car maker Tesla is recalling over 285,000 cars in China over potential safety issues with cruise control. Tesla says the issues are with the Tesla …

Beijing played a good hand as COVID supercharged the China-US image war – China’s latest media stars are 14 photogenic wild elephants who wandered 500 kilometres from their home to end up on the outskirts of the southwestern city of …

PPG Launches 2021 University Talent Power Program In China – PPG initiated its China scholarship program in 2003, aiming to reward outstanding students in the chemical and material fields and encourage them to succeed in …

League of Legends Esports Manager receives game approval in China – Riot Games’ League of Legends Esports Manager mobile game has received game approval from China’s National Press and Publication Administration …

US factories expand faster; China turns on Baihetan dam; border tensions with India rise – US factories expand faster; China turns on Baihetan dam; border tensions with India rise; ATO targets largest Aussie businesses; Baltic Dry index at decade high …

China urges Japan to treat “comfort women” issue in honest, responsible manner – GENEVA, June 28 (Xinhua) — China on Monday urged Japan to treat the “comfort women” issue left over from history in an honest and responsible manner at …

Bitcoin Mining Hashrate at 1-Year Low After China Crackdown – It may depend on how the crypto mining industry responds to China’s crackdown. With Chinese miners looking for new places to host mining rigs, North America …

Biden Administration Expands Upon Trump Administration’s Chinese Military Investment Ban – Biden Administration Expands Upon Trump Administration’s Chinese Military … People’s Republic of China (PRC),” and to curtail the proliferation of “Chinese …

Chinese vaping crackdown threatens to snuff out industry – “Enforcement on ID requirements has really gotten strict since last year,” grumbles a worker at a RELX shop in the city of Guangzhou. RELX dominates China’s …

China releases first videos of its Mars rover, including eerie noise as it rolls down a ramp – China released sounds from its Mars rover on Sunday. · Among those is the muffled noise of the rover coming down its lander’s rack. · The sounds can be used to …

India vs China: Modi throws down gauntlet as 50000 troops deployed in Himalayas – INDIAN Prime Minister Narendra Modi has upped the stakes in its border dispute with China by deploying 50,000 additional troops in the Himalayan region, …

Biden Administration Targets Chinese Solar Power Industry Over Human Rights Abuses – (“Hoshine”), a Chinese company located in the Xinjiang region of China, due to information reasonably indicating that these products are made with forced labor …

US ‘Retains Clear Superiority’ In Cyber; China Rising: IISS Study – WASHINGTON: The US stands alone as the only tier-one cyber power in the world, but China will rise as a highly capable peer competitor over the next decade, …

US v China: Which nation is at the forefront of economic supremacy – China’s gross domestic product, which measures the total output of an economy, will overtake the US by 2028, according to International Monetary Fund figures …

Carl: Holding China accountable for COVID-19 – From the earliest days of this virus spreading across the globe, the Chinese Communist Party (CCP) has actively and purposely deceived the entire world about …

China: Volkswagen ID.4 Gets Reality Check After Slow Sales Start – Only a few thousand units were sold in the couple first months. Volkswagen’s rollout of MEB-based electric cars in China is reportedly progressing slower than …

Chinese embassy dismisses claims of spies in universities – The Chinese embassy has hit back at claims spies are infiltrating universities in New Zealand, calling the accusations groundless and “pure hearsay”.

Yahoo Finance Video Tesla faces ‘black eye moment’ with recall of cars sold in China – Yahoo Finance’s Pras Subramanian breaks down the latest hurtle Tesla faces in China.

Draw-Based Games Market to Show Incredible Growth by 2026 Covid-19 Analysis | China Welfare Lottery, Mizuho Bank Ltd., Francaise des Jeux, China Sports Lottery – The major players covered in the report are China Welfare Lottery, Mizuho Bank Ltd., Francaise des Jeux, China Sports Lottery, Camelot Group, Hong Kong …

Indian Navy warship conducts military drill with South Korean Ship in East China Sea – An Indian Navy’s indigenous Anti-Submarine Warfare (ASW) Corvette INS Kiltan on Monday carried out a military drill with a South Korean vessel in the East China …

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