China in the News: July 7, 2021

By Craig Hill on July 7, 2021 • ( 0 )

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

White House’s Kurt Campbell: US and China can co-exist peacefully – “Do I believe that China and the United States can co-exist peacefully? Yes, I do,” said Kurt Campbell, White House coordinator for the Indo-Pacific. “But I do …

Shares of Chinese Tesla rival Xpeng fall on Hong Kong debut – Known for its P7 sedan and G3 SUV, the Chinese electric carmaker delivered … GUANGZHOU, China — Shares of U.S.-listed electric vehicle maker Xpeng rose …

China Tech Rout Deepens as Beijing Targets Data, U.S. Listings – It also said China will step up its regulatory oversight of companies trading in offshore markets. Chinese companies have flocked to U.S. exchanges in recent years …

ASX rises, as China’s tech crackdown leads to Didi sell-off – Chinese tech firms listed overseas were also hit hard as Beijing continued to crack down on ride-hailing giant Didi. By 12:05pm AEST, the benchmark ASX 200 …

Didi Duo Lose $1.5 Billion as Shares Plunge on China’s Crackdown – Chinese ride-hailing giant’s ADRs fell 24% in two trading days · China to tighten oversight of data security, overseas listings.

How well do China’s Sinovac and Sinopharm vaccines work? – Some nations relying on China’s vaccines are battling outbreaks. So do the vaccines work? A quick guide to Sinovac and Sinopharm – and what they mean for …

Shares of China EV maker Xpeng set to open up 1.8% in … – July 7 (Reuters) – Shares of Chinese electric vehicle (EV) maker Xpeng Inc (9868.HK) are set to open up 1.8% from their initial public offering (IPO) price in the …

Analysis: China’s farmers dump other crops for corn on … – Analysis: China’s farmers dump other crops for corn on bumper profit pull · Nationwide corn output may jump over 6% this season – JCI · Corn area in top grain hub …

China trying to ‘cut Australia out of the herd’ with diplomatic … – China trying to ‘cut Australia out of the herd’ with diplomatic freeze, US warns. White House coordinator for the Indo-Pacific says Beijing’s targeting of Australian …

Paytm IPO: Chinese nationals exit board – MUMBAI: Ahead of Paytm’s initial public offering (IPO), all Chinese nationals representing key investor Ant Group have stepped down from the board. While Ant …

China reports 57 new COVID-19 cases for July 6 vs 23 a day … – SHANGHAI, July 7 (Reuters) – China reported 57 new COVID-19 cases in the mainland for July 6, up from 23 cases a day earlier, the national health authority …

China to supply Africa millions of vaccine doses after … – “China has signed a deal with Morocco to start using the established facilities of a Moroccan pharmaceutical firm to make 5 million doses a month of Sinopharm …

Nike Loses to China Sneaker Rivals After Xinjiang Cotton … – A wave of patriotic buying fueled by the Xinjiang cotton controversy is helping shares of Chinese sportswear makers outperform global peers. Chinese consumer …

China Tech Shares Stabilize In US After DiDi Probe Triggers … – Shares of Chinese tech companies listed in the U.S. began to stabilize in aftermarket trading this evening after a Beijing cybersecurity probe triggered losses that …

Chinese city on Myanmar border reports coronavirus case spike – SHANGHAI, July 7 (Reuters) – Authorities in China’s southwestern province of Yunnan reported 15 new confirmed locally transmitted coronavirus cases for July …

SWAT team mobilizes in China Spring neighborhood | Local … – The Waco Police Department and its SWAT team remained active for hours Tuesday at a house in China Spring. Sgt. Peter Motley said late Tuesday afternoon …

Should You Invest in Chinese Companies After China’s Didi … – Should You Invest in Chinese Companies After China’s Didi Crackdown? Regulators pounced on China’s biggest ride-hailing company after its U.S. IPO, raising …

Hedge Funds See Winning Didi Bets Lose Luster on China … – Marquee investors backing China’s largest private companies are being burned again by the country’s regulatory crackdowns. Tiger Global Management …

I spent a week using China’s digital yuan, here’s how it went – Despite the trials, lotteries, and promotional campaigns by the government and banks for China’s digital currency, few people see a reason to jump on board.

War fears EXPLODE as China invasion of Taiwan may … – JAPAN is growing increasingly fearful that a Chinese ‘unification’ of Taiwan will lead to a regional conflict. By Isabella Marsans. 00:27, Wed, Jul 7, 2021 …

US can coexist in peace with China, but challenge is huge … – Asked when U.S. President Joe Biden plans to meet Chinese President Xi Jinping in person for the first time since the former was sworn in on Jan. 20, Campbell, …

Japan pledges to defend Taiwan if China attacks, says deputy … – Japan has said it would join America in defending Taiwan against a Chinese invasion, treating any such attack as an “existential threat” that could lead to an …

Pat Buchanan: As America recedes, China rises – Chinese President Xi Jinping delivers a keynote speech via video for the Boao Forum for Asia annual conference in south China’s Hainan Province April 20.

No Fad for the Fed? China Could Be Left Wearing Digital … – Nor is China’s impending e-CNY much of a justification for why the Fed must follow suit to keep America in the race. Even if there’s no FedCoin, there will still be …

New overseas listing rules may jeopardise future US deals for … – Alibaba owns the South China Morning Post. Chinese companies appear to be taking the cues that Beijing may discourage them from raising funds outside the …

Ministers urged to threaten China with 2022 Winter Olympics … – Labour says China must be denied a ‘PR coup’ amid claims about treatment of Uyghur muslims · Recommended · Most watched · More about.

Blinken meets Uyghur Muslims previously detained in … – Blinken meets Uyghur Muslims previously detained in Chinese camps … The U.S. has placed sanctions on China for its human rights abuses and threatened to …

U.S. envoy on North Korea speaks with Chinese counterpart – China’s Ministry of Foreign Affairs said earlier its special representative on the Korean Peninsula, Liu Xiaoming, spoke by phone with U.S. special representative …

Eye on China, public birthday wishes by PM, CMs for Dalai … – Amid the slide in ties with China over the military standoff along the Line of Actual Control in Ladakh, Prime Minister Narendra Modi said Tuesday that he had …

An International Exhibition of the Centennial History of the … – CHINA: Chinese astronauts successfully performed the country’s first tandem spacewalk on Sunday, working for seven hours on the outside of the new Tiangong …

Opinion | China Takes Didi Investors for a Ride – American investors buy shares in Chinese companies because they want to take bigger risks in exchange for bigger potential returns, and it looks like their wish …

Duterte: PH counts on China ‘as friend, partner for peace and … – Metro Manila (CNN Philippines, July 7) — President Rodrigo Duterte on Tuesday lauded the bond the Philippines and China have developed through the years, …

NZ ‘sleep-walked’ into conflict between China and Western … – New Zealand “sleep-walked” into a position where it is torn between its economic dependence on China and its traditional allies, a foreign policy expert says.

China tightens oversight of firms listed offshore – China will step up supervision of Chinese firms listed offshore, its cabinet said on Tuesday, days after Beijing launched a cybersecurity investigation into …

China’s Xi takes dig at US in speech to political parties around … – BEIJING, China – Chinese President Xi Jinping on Tuesday urged political parties worldwide to oppose any country that engages in “technology blockades”, …

U.S. urges China, private sector to boost participation in G20 … – WASHINGTON, July 6 (Reuters) – The United States on Tuesday urged China and the private sector to increase their participation in a G20 debt moratorium for …

Commentary: China’s mixed tracked record shows limits of … – Commentary: China’s mixed tracked record shows limits of central planning. President Xi Jinping’s centennial address devoted attention to the CCP’s plans for the …

State Department condemns Chinese Communist Party on … – The State Department placed China on a small list of countries whose governments engage in a “policy or pattern” of human trafficking, specifically noting the …

Xi distorts history while laying out his vision for China’s future – On July 1, speaking from atop the rostrum at Tiananmen, Xi Jinping commemorated the 100th anniversary of the founding of the Chinese Communist Party …

Australia China trade war: US official Kurt Campbell says … – He also said any attempts by China to do with Taiwan what it had done with Hong Kong, would be “catastrophic”. Mr Campbell, regarded as President Joe Biden’s …

China’s Pop Culture Group stock sinks 40%+ following 1200 … – China’s Pop Culture Group (NASDAQ:CPOP) tumbled 40%+ Tuesday as the Chinese hip-hop firm continued to give back big chunks of last week’s 1,200% …

Bangor Chinese School Dragon Camp teaches language … – ”We are so happy to reopen this program to the children,” said Jing Zhang, Bangor Chinese School founder and president. Zhang says the Dragon Camp program …

ADRs End Lower as Chinese Regulators Tighten Scrutiny … – By Kimberly Chin. International stocks trading in New York closed lower on Tuesday after China said Tuesday that it will tighten rules for Chinese companies …

Foreign banks need to pass through the pain threshold in China – International investment banks are investing heavily in their Chinese investment banking businesses, but so far are not seeing much by way of return.

Ye Shiwen left off China Olympic swim team for Tokyo – Ye Shiwen, who swept the 2012 Olympic individual medleys at age 16 with eye-popping times, is not on China’s Olympic swimming roster. Ye was not one of the …

WeChat terminates LGBT+ accounts of Chinese college … – One of the few bright spots for civil liberties in China in recent years has been a growing public and official acceptance of the LGBT+ community. But the …

Bloomberg Evening Briefing: China’s Economy May Never … – When will China overtake the U.S. to become the world’s biggest economy? … The Chinese Communist Party, which is celebrating its 100th anniversary, wants …

Xi attacks calls from some in U.S. to decouple from Chinese tech – In a speech to representatives of leftist political parties in more than 100 countries, Xi said China’s ruling Communist Party has succeeded in raising the country …

Brownlee calls for more information on Uyghur treatment in … – The Chinese Communist Party has rejected allegations of forced organ harvesting outlined China Tribunal report released in 2018, saying they’re inaccurate and …

China’s Regulatory Moves Knock Chinese Tech Stocks – Chinese technology stocks fell Tuesday after China’s cybersecurity regulator widened its review of several of the country’s newest public companies.