China in the News: July 1, 2021

China News
China News

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

Beijing set to celebrate centenary of China’s Communist Party – BEIJING, July 1 (Reuters) – China is poised on Thursday to mark the 100th anniversary of the founding of its ruling Communist Party, with celebrations at …

China advances in challenge to dollar hegemony – Given that China is the second-largest economy and the world’s biggest trading nation, the renminbi should be used far more extensively than it is. However, …

New Zealanders overwhelmingly back promoting human in China, even if it damages economic ties – research – New Zealanders overwhelmingly back promoting human rights in China, … rights abuses against the Uighur people in the Chinese province of Xinjiang, and as …

Didi IPO: Stock gains 1% on first day of trading – Shares of Didi Chuxing, the Chinese ride-hailing giant, began trading … Uber, which owns 12.8% of the shares in Didi after it acquired Uber’s China business.

Didi Stock Begins Trading; Shares Up 30% After IPO – The relatively modest showing by the onetime rival of Uber Technologies Inc. reflects both investors’ increasing caution over pricey growth stocks, and China’s …

Massive celebrations planned for 100th anniversary of the Communist Party of China – The main event is a speech by Xi Jinping, China’s highest-ranking Communist Party official. Professor Saich said the anniversary celebrations are how China …

Is China’s Communist Party Still Communist? – Mao Zedong proclaiming the founding of the People’s Republic on Oct. 1, 1949. Photo: Associated Press. Party histories trace the formation of China’s first …

Didi shares gain 1% after early jump in Wall Street debut – Chinese ride-hailing service Didi says it lost $5.5 billion over the past three years ahead of its U.S. stock market debut Wednesday, June 30, 2021, but it’s …

FT: US and Japan run war games as China-Taiwan tensions rise – Shinzo Abe, then Japanese prime minister, in 2019 decided to significantly expand military planning because of the Chinese threat to Taiwan and the Senkaku …

After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO – Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a …

Photos: China’s Communist Party marks centenary – Twin Cities – BEIJING — China’s ruling Communist Party is marking its centenary with fireworks and fanfare. Since seizing power amid civil war in 1949, the party has …

Why China and India are wooing Bangladesh – Why China and India are wooing Bangladesh. In the intensifying tussle for influence in South Asia, Bangladesh’s location and economy are drawing attention …

Opinion | China is building more silos for missiles. That makes rams control talks with the US essential – That makes arms control talks with the U.S. essential. Image without a caption. Spectators wave Chinese flags as military vehicles ballistic missiles roll during a …

China building more than 100 missile silos, expanding in western deserts: experts – China has begun construction of what independent experts say are more than 100 new silos for intercontinental ballistic missiles in a desert near the …

Japanese official warns US of potential surprise attack on Hawaii — from Russia and China… – Taiwan’s vulnerability to an invasion from mainland China has become a preoccupation of Indo-Pacific strategists in recent months, as Chinese Communist forces …

Berkshire’s Munger says China right to clip Ma’s wings(Reuters) – Berkshire Hathaway Inc Vice Chairman Charlie Munger praised China’s move to impose a sweeping restructuring on Jack Ma’s Ant Group, the fintech …

Chinese Communists mark 100 years – China’s Communist Party is marking its 100th birthday with a celebration in Beijing’s Tiananmen Square and an address by President Xi Jinping, the party leader …

Didi, the biggest IPO of a monster week, sees stock struggle slightly in debut – In its IPO filing, Didi touted tremendous possibilities in its home country, saying “China’s massive and urbanizing population presents opportunities for new mobility …

China may cut iron ore imports by 79 mil mt/year over next 5 years: analyst – China’s iron ore imports are likely to fall by around 79 million mt/year from 2020 over the next five years, in line with the aims of the country’s five-year plan for the …

Didi Stock Surged, and Fell, in Week’s Biggest IPO – Didi Global, the Uber of China, delivered one of the year’s biggest IPOs, raising $4.4 … The Chinese ride-hailing behemoth said it sold 316.8 million American …

What China’s New Data Security Law Means for Multinational Corporations – China’s new Data Security Law includes more expansive and restrictive requirements on data localization, mandatory security level certification, and severe …

Serbia Wants Regular Flights To China To Return – Serbia’s President has suggested to his Chinese counterpart that Air Serbia or a Chinese airline should launch direct flights between Belgrade and Beijing or …

President Biden Issues Executive Order Modifying Restrictions on U.S. Investment in Chinese Military-Industrial Complex Companies – Looking Ahead: As the Biden administration continues to reshape U.S.-China relations and the Chinese response develops, U.S. companies with Chinese …

Shares In Chinese Didi Close At $14.20 – Didi Global, a Chinese ridesharing firm, started trading at $16.65 per share on Wednesday (June 30) in its introduction to the markets. Didi had priced its shares …

China’s GDPR is coming: Are you ready? – Exploring the Upcoming China’s Draft Personal Information Protection Law – Topic Five: Big Data Related Issues – Exploring the Upcoming China’s Draft Personal Information Protection Law – Topic Five: Big Data Related Issues. Ken Dai, Jet Deng · Dentons. + Follow x …

Didi shares end 1.4% above IPO price in the Chinese ride-hailing giant’s US debut – Shares of Chinese ride-hailing giant Didi Global (DIDI) ended their first day of trading on the New York Stock Exchange at $14.20 apiece, kicking off what is set …

China Has Added Over 100 New Launch Silos for Nuclear Weapons – These silos are probably for China’s newest nuclear-armed missile, the DF-41. Given that China has a force of only about 100 ICBMs, seeing another 100 or so …

Didi IPO: Uber Of China Climbs As Trading Begins – Didi Global (DIDI), which operates China’s largest ride-hailing network, raised $4.4 billion with one of the most anticipated initial public offerings this year.

US and Japan conduct war games amid rising China-Taiwan tensions – The activity includes top-secret tabletop war games and joint exercises in the South China and East China seas. Shinzo Abe, then Japanese prime minister, in …

Why the World Isn’t Buying China’s Fighter Jets – As China’s global stature has grown, many expected that its weapons exports … Last month’s confrontation with the Philippines, where Chinese naval vessels …

The Communist Party claims to have brought prosperity and equality to China. Here’s the real impact of its rule – The CCP had accused the previous government, led by the Chinese Nationalist Party (KMT), of being a puppet of the imperialist US. But China had been a …

Judge sentences man studying abroad from China for possessing child pornography – Judge sentences man studying abroad from China for possessing child pornography. ST. LOUIS – United States District Court Judge Stephen R. Clark sentenced …

Analysis: Why We’ll Likely Never Know Whether a COVID Lab Leak Happened in China – Many of China’s top scientists today were educated in the West. These include George Gao, the head of China’s Center for Disease Control and Prevention, who …

Newhouse Protects U.S. Food Supply From Chinese Influence – “The U.S. cannot become dependent on China for our domestic agriculture and food supply.” Click here to read the full text of the amendment. Background: A 2018 …

CNN ripped for glowing coverage of Chinese Communists’ 100th anniversary – “The Chinese Communist Party is about to turn 100 but Xi will be the real star,” CNN … But it insisted the “party has much to celebrate, particularly China’s growth …

This Popular Chinese Photo Tourist Spot is Entirely Fake – Meet Xiapu County, an area in the Fujian province of southern China. … breathtaking landscapes and street photos displayed on Weibo (The Chinese version of …

Massive Bill Aims to Keep US Innovation Ahead of China’s – Some senators worry that Chinese researchers who collaborate with Americans will steal or legally use findings to boost scientific discovery at home and gain a …

How the Chinese Communist Party endures – Xi speaks about the need to adapt Marxism to China’s modern requirements. Lessons from Tiananmen. Political centralisation had inevitably come on the heels of …

‘Keep your eyes on the sun’ – China’s rise has been one of the most remarkable tales of the last century, and the Chinese Communist Party that leads it will today celebrate 100 years since its …

Analysis: On party’s centennial, China drifts further from world – Four years older than Chinese President Xi Jinping, Lai spent his early years in a mainland China that the president also experienced. In 1960, he fled to Hong …

The secret documents at the heart of the Australia’s wheat sale to China in 1960s – China was under the grip of one of the worst famines to hit the nation, and its government was in denial about the extent of adversity it was going through.

How the Financial Review backed the wheat sale to China in 1967 – There is a curiously old-fashioned air to the periodical furore which rages around the Federal Government’s stubborn refusal to ban exports to Communist China.

Centenary Celebration: Obasanjo hails CPC for making China world power – FORMER President Olusegun Obasanjo, on Wednesday, hailed the Communists Party of China, CPC, for moving China from the era of Chairman Mao to …

China changes buying tactics as US grain run enters volatile stage – DENVER — China shook up the U.S. feed grain export market over the last year, purchasing massive quantities of U.S. soybeans, sorghum and corn. With the …

China’s Communist Party Turns 100: A Major Force in Global Governance, But Cracks Exist in the Xi Era – China’s Communist Party Turns 100: A Major Force in Global Governance, But Cracks Exist in the Xi Era. A man walks past a light installation marking …

Finland’s foreign trade shows strong recovery in April – Xinhua – In the first four months this year, the total value of exports increased by 7.5 percent and the value of imports by 7.2 percent year-on-year. Finland’s trade with China …

Rights Group Details China’s Interference in Academic Freedom Overseas – Chinese students protest against China at the University of Queensland in Brisbane, Australia, in a July 24, 2019 photo. Photo provided by an RFA listener. The …

China’s manufacturing slows in June as supply shortages roil industry – Workers produce truck parts at a factory in Qingzhou. Growth in China’s June factory activity dipped to a four-month low on higher raw material costs, a shortage …

China’s New Anti-Foreign Sanctions Law: Understanding Its Scope And Potential Liabilities – First, it creates a menu of countersanctions available to Chinese authorities—visa restrictions, asset and transaction blocks within China—taken straight from the …

Taiwan and US restart trade talks despite China opposition – The United States and Taiwan on Wednesday restarted trade talks after five years as Washington moves to boost its ties with the island despite China’s …

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