How private equity whiz Weijian Shan went from penniless in the Gobi desert to orchestrating a takeover of one of China’s biggest banks
fortune.com/2023/02/09/private-equity-weijian-shan-chinas-biggest-banks/
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| Last Updated | Feb 09 23 |
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Congress approves bill banning TikTok unless Chinese owner ByteDance sells platform
ft.com/content/d84df824-19c0-4105-ae95-816dd0618efb
Quick Glance: Potential Buyers for TikTok Revealed
- The clock is ticking for TikTok to find a new owner. President Joe Biden signed a law that could ban TikTok in the US unless ByteDance sells the app. Possible buyers range from tech companies to retailers and investment bankers.
- Established tech giants like Meta or Google are unlikely buyers due to antitrust hurdles. Large companies with deep pockets face regulatory skepticism, although they could have the resources to purchase TikTok.
- Microsoft, which has shown interest in TikTok in the past, may have another opportunity after successfully navigating antitrust scrutiny with the Activision Blizzard deal. Oracle and former US government officials like Steven Mnuchin are also potential buyers.
- Mnuchin has announced assembling a team of investors to acquire TikTok. His offer, however, might exclude TikTok's algorithm, sparking controversial discussions. Other potential buyers like Kevin O'Leary are also considering acquiring TikTok, with O'Leary suggesting an initial bid between $20 and $30 billion.
EU Raises Stakes With Chinese Medical-Device Probe: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European ...
bloomberg.com/news/newsletters/2024-04-24/eu-raises-stakes-with-chinese-medical-device-probe
Quick Glance: EU Raises Stakes With Chinese Medical-Device Probe
- The EU launched a probe into Chinese medical-device procurement, prompted by concerns that the government in Beijing unfairly favors domestic suppliers, risking tensions ahead of Xi Jinping's upcoming visit.
- The investigation will collect information from companies and member states and must be concluded within nine months. If it confirms a lack of reciprocity, the EU could restrict Chinese access to its tenders.
- This move follows a decision last year to begin an anti-subsidy probe into electric vehicles made in China, potentially leading to new tariffs by July.
- Chinese leaders have rebutted European and US criticism of market distortion in favor of domestic firms, but doubts persist regarding Beijing's extensive use of public support.
No Nigerians! This 42-Year-Old Lagos School Admits Indians Only: The Indian school in Ilupeju only admits Indians. You need an Indian passport or proof of having ...
fij.ng/article/no-nigerians-this-42-year-old-lagos-school-admits-indians-only/
Beijing half marathon: Organisers investigating controversial finish: Organisers of the Beijing half marathon will investigate allegations that three African ...
bbc.com/sport/athletics/68815592
Quick Glance: Investigation Launched After Beijing Half Marathon Finish
- Following the finish of the Beijing Half Marathon, the results are now under scrutiny due to the peculiar behavior displayed by three runners from Kenya and Ethiopia.
- A Chinese runner overtook the others, as seen in a recorded livestream of the Beijing Half Marathon. The remaining three runners - Willy Mnangat and Robert Keter from Kenya, and Dejene Hailu from Ethiopia - followed closely behind, with He claiming the first place.
- The organizers of the half-marathon are currently examining the results after a video of the finish circulated online, prompting many to question the intention of the three African runners to slow down.
- The winner secured the first place with a time of 1 hour 3 minutes 44 seconds. Mnangat, Keter, and Hailu shared the second place, one second later.
The US Senate passed legislation giving TikTok's Chinese owner, ByteDance, about nine months to divest the US assets of the short-video app ...
reut.rs/44fo9Zl
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
- President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.
- This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.
- TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.
- This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
Congress Speeds TikTok Ban Bill By Adding It To Ukraine, Israel, Taiwan Aid Package
forbes.com/sites/johannacostigan/2024/04/18/new-legislative-package-proposes-aid-for-ukraine-israel-taiwan-and-banning-tiktok/
Three suspected Chinese spies arrested in Germany — caught stealing sensitive tech secrets
tomshardware.com/tech-industry/three-suspected-chinese-spies-arrested-in-germany-caught-stealing-sensitive-tech-secrets
Quick Glance: Germany apprehends three individuals for alleged China espionage
- The individuals were apprehended in Düsseldorf and Bad Homburg in western Germany, with searches conducted in their residences and places of work.
- Thomas R. is under suspicion of serving as an agent for an employee of the Chinese Ministry of State Security (MSS), aiming to gather intelligence on technologies with potential military applications within Germany.
- Allegedly, the company entered into an agreement with a German university for the purpose of facilitating knowledge exchange.
- During the time of their arrest, there were purported ongoing discussions regarding research initiatives that could contribute to enhancing China's maritime combat capabilities.
China developing super fast, stealth submarines? : Chinese scientists claim they are developing a sci-fi technology that will help Chinese submarines travel at ...
wionews.com/videos/china-developing-super-fast-stealth-submarines-714004
US House of Representatives passes bill to ban TikTok unless it divests from China
lemonde.fr/en/united-states/article/2024/04/20/us-house-of-representatives-passes-bill-to-ban-tiktok-unless-it-divests-from-china_6669028_133.html
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
If Britain is so bothered by China, why do these .gov.uk sites use Chinese ad brokers?
theregister.com/2024/04/24/ads_on_gov_uk_websites/
Chinese supermarket in Abuja shut for allegedly barring Nigerians: The consumer protection agency has summoned the owner in its investigation into racism ...
bbc.com/news/world-africa-68879687
House Passes Taiwan Aid Bill to Be Combined With Ukraine Funding: The US House passed $61 billion in fresh aid for Ukraine on Saturday, ending a six-month ...
bloomberg.com/news/articles/2024-04-20/house-passes-taiwan-aid-bill-to-be-combined-with-ukraine-funding
Paid articlePaid
Quick Glance: Ukrainian President Thanks US for Weapon Aid
- Ukrainian President Zelenskyy thanked U.S. political leaders for approving an aid package for Ukraine, providing the country with a chance at "victory" in its defense against Russia.
- The House passed a bill granting Ukraine $60.8 billion in aid, with Zelenskyy urging swift Senate approval to ensure rapid assistance to frontline soldiers.
- Zelenskyy emphasized the critical need for long-range weapons and air defense systems to stabilize the situation and regain the initiative in Ukraine.
- He addressed rumors of a territorial deal with Russia, emphasizing the importance of a strategy based on concrete democratic measures to end the war.
Chinese Metal Tycoon’s Heir Buys $62 Million Singapore Mansion: The daughter of a Chinese nickel billionaire purchased a multimillion-dollar mansion in Singapore ...
bloomberg.com/news/articles/2024-04-24/chinese-metal-tycoon-s-heir-buys-62-million-singapore-mansion
Paid articlePaid
Beijing auto show welcomes world as China's carmakers aim to conquer it: HONG KONG -- Beijing's premier automobile exhibition is back after a four-year ...
asia.nikkei.com/Business/Automobiles/Beijing-auto-show-welcomes-world-as-China-s-carmakers-aim-to-conquer-it
Toyota teams up with Tencent for drive into China's EV market: BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese ...
asia.nikkei.com/Business/Business-deals/Toyota-teams-up-with-Tencent-for-drive-into-China-s-EV-market
Paid articlePaidQuick Glance: Toyota and Tencent Collaborate for Entry into China's EV Market
- Toyota announces strategic alliance with Tencent to develop artificial intelligence, cloud computing, and big data for electric vehicles in China.
- Japanese automaker Toyota has been facing challenges in the Chinese market due to aggressive pricing and marketing by local competitors.
- Collaboration with Tencent focuses on developing in-car software crucial for next-generation vehicles.
- Demand for electric vehicles in China is rapidly growing, and Toyota aims to accelerate in this sector.
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reut.rs/3xPcmEO
Beijing half marathon winners stripped of medals after African trio let Chinese runner win
cnn.com/2024/04/19/china/china-beijing-half-marathon-winners-revoked-intl-hnk/
Quick Glance: Scandal at Beijing Half Marathon: 4 Runners Disqualified
- Following an unusual finish at the Beijing Half Marathon, the top finishers were disqualified as three runners from Africa seemingly made way for a Chinese competitor to win.
- The finish line incident caused a commotion, prompting questions about why the three other runners appeared to yield the victory to He.
- Subsequent to the investigation, all four runners were disqualified for the pacemakers deliberately slowing down in the final two kilometers of the race, aiding He's victory.
- Confirmation was provided by the organizers that although Xtep invited Mnangat, Keter, and Hailu as pacemakers, they were mistakenly registered as ordinary competitors.
Joe Biden calls for tripling of tariffs on Chinese steel: US also to probe Chinese shipbuilding as president’s re-election campaign fights for votes in ...
ft.com/content/bd60c55e-110c-454e-a9f6-be9233bcc2eb
Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
- US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.
- During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.
- The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.
- The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.
US jails Chinese student for threatening pro-democracy schoolmate: He threatened to "chop off" the hands of a Chinese student who put up pro-democracy fliers on ...
bbc.com/news/articles/cp3gz61011ko
Germany Arrests Three Suspected of Spying for Chinese State: German authorities arrested two men and a woman suspected of working for China’s ministry of state ...
bloomberg.com/news/articles/2024-04-22/germany-arrests-three-suspected-of-spying-for-chinese-state
Chinese professor at Tokyo university missing after trip home: BEIJING -- A professor at Tokyo's Asia University has gone missing after temporarily ...
asia.nikkei.com/Spotlight/Society/Chinese-professor-at-Tokyo-university-missing-after-trip-home
Paid articlePaid USADA wants investigation into China swimming, welcomes WADA lawsuit: The head of the United States Anti-Doping Agency demanded on Monday an investigation into ...
reut.rs/44dRuDf
How Chinese firms are using Mexico as a backdoor to the US: Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.
bbc.com/news/business-68825118
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reuters.com/business/autos-transportation/xiaomi-locks-over-75000-orders-su7-car-targets-over-10000-deliveries-june-2024-04-25/
Chinese supermarket in Abuja shut for allegedly barring Nigerians: The consumer protection agency has summoned the owner in its investigation into racism ...
bbc.com/news/world-africa-68879687
China's flying cars ready for liftoff with EV technology: GUANGZHOU -- XPeng, EHang and other Chinese companies are commercializing flying cars this year ...
asia.nikkei.com/Business/Transportation/China-s-flying-cars-ready-for-liftoff-with-EV-technology
China’s Distressed Pig Farmers Eye Turnaround as Herd Shrinks: Chinese farmers are keeping the fewest pigs for breeding since 2020, offering hopes that the ...
bloomberg.com/news/articles/2024-04-24/china-s-distressed-pig-farmers-eye-turnaround-as-herd-shrinks
Better US-China ties but still deep disagreements as Blinken starts visit: U.S. Secretary of State Antony Blinken arrives in Shanghai on Wednesday with U.S ...
reuters.com/world/better-us-china-ties-still-deep-disagreements-blinken-starts-visit-2024-04-24/
Quick Glance: Deep Disagreements Despite Improved US-China Relations
- US Secretary of State Antony Blinken arrives in Shanghai to engage with his Chinese counterparts.
- Although US-China ties are on a steadier footing, numerous unresolved issues persist.
- Topics such as trade, military communication, and tensions in Taiwan strain relations.
- The US threatens sanctions against Chinese firms supporting Russia in the Ukraine conflict.
China Forces Apple to Delete WhatsApp, Threads, Signal From Chinese App Store: Apple removes a number of messaging apps from China's iOS App Store ...
uk.pcmag.com/social-media/151924/china-forces-apple-to-delete-whatsapp-threads-signal-from-chinese-app-store
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
German spy agency warns companies against being too "naive" on China: Germany's domestic spy agency told companies on Wednesday they should be on guard against ...
reuters.com/world/europe/german-spy-agency-warns-companies-against-being-too-naive-china-2024-04-24/
EU launches investigation into Chinese medical device market: The European Commission launched a probe into China's public procurement of medical devices on ...
reuters.com/world/europe/eu-opens-investigation-into-chinese-medical-device-market-2024-04-24/
Chinese researchers use low-cost Nvidia chip for hypersonic weapon —unrestricted Nvidia Jetson TX2i powers guidance system
tomshardware.com/tech-industry/artificial-intelligence/chinese-researchers-install-low-cost-unrestricted-nvidia-jetson-tx2i-into-hypersonic-weapon
Chinese student gets US prison term for threatening pro-democracy activist: A Chinese music student was sentenced on Wednesday to nine months in a U.S ...
reuters.com/world/chinese-student-gets-us-prison-term-threatening-pro-democracy-activist-2024-04-24/
Here's what happened when India banned TikTok: The hugely popular Chinese app TikTok may be forced out of the U.S., where a measure to outlaw the video-sharing ...
apnews.com/article/india-tiktok-ban-us-china-9ae5223bce78c56e5d22a1f2e86510f0
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range: Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron ...
reuters.com/business/autos-transportation/chinese-ev-battery-maker-catl-unveils-lfp-battery-with-1000-km-range-2024-04-25/
Chinese hackers are constantly targeting critical infrastructure in the U.S., FBI Director says
qz.com/china-hacking-fbi-christopher-wray-panic-volt-typhoon-1851425289
Quick Glance: Cyber Threats from China Targeting US Critical Infrastructure
- According to FBI Director Christopher Wray, Chinese hackers are continuously seeking to infiltrate the computer systems of U.S. water treatment facilities and energy grids to induce panic.
- Wray claimed that the People’s Republic of China (PRC) has allocated significant resources to an offensive cyber program that surpasses those of all other major nations combined.
- Wray primarily focused on the China threat concerning critical infrastructure but was also questioned about TikTok, the social media platform facing potential banning in the U.S. if ByteDance does not comply.
- The FBI director emphasizes that the threat is not merely a long-term concern anymore but could materialize by 2027, as indicated by a recent assessment from the Office of the Director of National Intelligence suggesting a potential Chinese invasion of Taiwan before the decade ends.
Cases of suspected Chinese espionage in Europe: The arrest in Germany of a European Parliament aide on suspicion of "especially severe" espionage for China is ...
reuters.com/world/europe/cases-suspected-chinese-espionage-europe-2024-04-23/
German Leader Scholz Warns China Over Dumping, Overcapacity Echoing US: German Chancellor Olaf Scholz instructed Chinese officials to promote free trade and ...
bloomberg.com/news/articles/2024-04-15/german-leader-warns-china-over-dumping-overcapacity-echoing-us
Paid articlePaidQuick Glance: Scholz Organizes Crisis Diplomacy in China
- Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.
- China trip focusing on economy and geopolitical role, despite dilemma in relations.
- Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.
- Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
Insight: How Volvo landed a cheap Chinese EV on U.S. shores in a trade war: A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
reuters.com/business/autos-transportation/how-volvo-landed-cheap-chinese-ev-us-shores-trade-war-2024-04-24/
Chinese government-linked hackers have burrowed into US-critical infrastructure and are waiting 'for just the right moment to deal a devastating blow ...
reut.rs/4d2RKJi
Quick Glance: Impending Chinese Hacker Attack on US Infrastructure
- FBI Director Christopher Wray warns of an upcoming devastating attack on critical US infrastructure by Chinese hackers.
- The Chinese hacking group Volt Typhoon has penetrated companies in the US in energy-rich and water-related sectors.
- The intent behind the preparation is unclear, but appears linked to China's goal of thwarting US defense of Taiwan.
- Active since mid-2021, Volt Typhoon aims to spy on organizations and gain unnoticed access to their networks, as reported by Microsoft.
Chinese military officials met US and Russian naval officials this week: Senior Chinese military officials held separate meetings with U.S. and Russian naval ...
reuters.com/world/china/chinese-military-officials-met-us-russian-naval-officials-this-week-2024-04-25/
China Is Front and Center of Gold’s Record-Breaking Rally: Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China ...
bloomberg.com/news/articles/2024-04-21/china-is-front-and-center-of-gold-s-record-breaking-rally
Chinese flying taxi sector claims global lead thanks to regulatory support: Shanghai’s AutoFlight wins approval for unmanned aircraft in nascent market forecast ...
ft.com/content/c181d6ab-e560-427c-9254-9cadb62889b5
Chinese villagers downplay help for Malay travellers in Perak: PETALING JAYA: To the Malay travellers who got a smoother ride home to Kuala Lumpur after their ...
thestar.com.my/news/nation/2024/04/18/chinese-villagers-downplay-help-for-malay-travellers-in-perak
Chinese tourist falls off cliff while posing for photo on Indonesian volcano: Her tour guide said that he had warned her and her husband about the dangers on the ...
straitstimes.com/asia/se-asia/chinese-tourist-falls-off-cliff-while-posing-for-photo-on-indonesian-volcano
Senators hope TikTok will remain in business in US under new owner: Two U.S. senators said they hope TikTok will remain in business in the U.S ...
reuters.com/world/us/senators-hope-tiktok-will-remain-business-us-under-new-owner-2024-04-23/
Pharma groups warn of supply crunch over China spying law: Factory inspectors refuse to visit country over fears they could fall foul of tightened rules
ft.com/content/1d52d75f-5b54-4c27-bdd4-65409f64c64a
Verstappen wins Chinese GP sprint race: Red Bull's triple world champion Max Verstappen won the first sprint race of the Formula One season at the Chinese Grand ...
reuters.com/sports/formula1/verstappen-wins-chinese-gp-sprint-race-2024-04-20/
Quick Glance: Chinese Grand Prix: Drama for Verstappen's Victory March?
- The Chinese Grand Prix could bring drama to Formula 1, and Red Bull's Max Verstappen isn't a guaranteed winner.
- The track is unknown and coated with thin asphalt, causing uncertain driving conditions.
- McLaren's Lando Norris secured the pole for the sprint race after a rainy qualifying session that challenged drivers.
- Practices revealed unusual names at the top, hinting at an entertaining race ahead.
Germany spying: Three suspected Chinese agents arrested: The main suspect, named as Thomas R, is accused of spying for the Chinese Ministry of State Security.
bbc.com/news/world-europe-68873836
Nissan, Mazda roll out new models for China as they aim for comeback: Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday ...
reuters.com/business/autos-transportation/nissan-unveils-four-concept-cars-fuel-china-comeback-2024-04-25/
China's ambassador to Canada leaves his post: Chinese ambassador to Canada, Cong Peiwu, who has served since 2019, has left his post and returned to China ...
reuters.com/world/americas/chinas-ambassador-canada-leaves-his-post-2024-04-21/
Xi Hosts Ex-Taiwan Leader in Beijing for Landmark Meeting: Chinese leader Xi Jinping met former Taiwan President Ma Ying-jeou in Beijing, a rare act of ...
bloomberg.com/news/articles/2024-04-10/china-s-xi-to-meet-ex-taiwan-leader-in-beijing-report-says
Quick Glance: Xi emphasizes historical trend of reunion with Taiwan
- Chinese President Xi Jinping met with former Taiwanese President Ma Ying-jeou and stated that outside influence cannot prevent the "family" reunion between Beijing and Taipei.
- Xi highlighted dialogue between the two sides, emphasizing that all issues can be discussed.
- Beijing sees the self-ruled island as a province that must be reunited with mainland China, not ruling out the use of force to assert its claims on Taiwan.
- Tensions across the Taiwan Strait are escalating, with Xi stressing that both sides are Chinese and that all issues can be discussed without separation.
Apple loses smartphone crown to Samsung as Chinese rivals gain ground: iPhone sales fall 10 per cent in first quarter of 2024 while groups including Xiaomi and ...
ft.com/content/2c13254b-9995-4408-b02b-6f07ce706b8e
Quick Glance: Samsung Takes Smartphone Crown from Apple
- Apple loses top position in the global smartphone market to Samsung as Chinese competitors gain traction.
- Samsung regains its status as the world's largest smartphone manufacturer in the first quarter of 2024, just three months after Apple claimed the top spot.
- The market's strongest growth comes from two Chinese manufacturers, while Apple continues to face challenges in the world's largest smartphone market.
- Despite an overall increase in global smartphone shipments, Apple experiences a decline in iPhone sales in China and misses out on much of the broader industry recovery.
Exclusive: China turns the heat up on cross-border investments in local govt debt, sources say
reuters.com/world/china/china-turns-heat-up-cross-border-investments-local-govt-debt-sources-say-2024-04-23/
Mercedes-Benz to launch luxury electric van for Chinese market: Mercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN ...
reuters.com/business/autos-transportation/mercedes-benz-launch-luxury-electric-van-chinese-market-2024-04-25/
Volkswagen aims to keep China market share stable as price war rages: Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade ...
reuters.com/business/autos-transportation/volkswagen-aims-maintain-15-market-share-china-2030-country-chief-says-2024-04-24/
Probe of PwC's Evergrande conduct casts shadow on Big Four auditors: HONG KONG -- Growing scrutiny of PwC's audit work on bankrupt developer China ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Probe-of-PwC-s-Evergrande-conduct-casts-shadow-on-Big-Four-auditors
Paid articlePaid Tesla cuts prices across its line-up in China: Tesla Inc has lowered prices across its line-up in China, according to its official website ...
reut.rs/3W9QZs6
As Blinken Heads to China, What’s on the Agenda?: China’s support for Russia will be a primary topic, along with war in the Middle East and tensions over Taiwan ...
thediplomat.com/2024/04/as-blinken-heads-to-china-whats-on-the-agenda/
Quick Glance: Blinken Discusses Key Issues with China
- USA and China discuss global conflicts and tensions in Shanghai and Beijing.
- Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.
- Calls for China to exert influence on Iran and maintain stability in the region.
- Disputes over human rights, synthetic opioids, and illegal activities.
Chinese half-marathon gold medalist stripped after African runners slowed: Video: Beijing's half-marathon gold medalist He Jie disqualified after three runners ...
businessinsider.com/chinese-half-marathon-gold-medalist-stripped-african-runners-slowed-video-2024-4
US imposes sanctions on Chinese, Belarusian firms for aiding Pakistan's missile project
wionews.com/world/us-imposes-sanctions-on-chinese-belarusian-firms-for-aiding-pakistans-missile-project-713359
Chinese scientists increase F-22 fighter jet’s radar signature 60,000 times with new detection method: study
scmp.com/news/china/science/article/3259428/chinese-scientists-increase-f-22-fighter-jets-radar-signature-60000-times-new-detection-method-study
China Developers Slash Prices by 40% at Luxury Hong Kong Apartment Project: Distressed Chinese developers trying to sell luxury apartments at a new complex in ...
trib.al/NfyDnEg
Quick Glance: Significant Reduction in Luxury Apartments in Hong Kong
- Luxury apartments in Hong Kong are being reduced by almost half in price.
- Developers have only managed to sell five out of 295 apartments.
- Buyers are allowed up to 180 days for downpayments.
- Developers are in restructuring discussions due to credit issues.
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reut.rs/4d6PnFn
China’s ‘red circle’ law firms rush to tap other markets: Mainland’s biggest firms opening offices in Asia, US and Africa as they seek to challenge international ...
ft.com/content/71a677a9-d45b-490b-a4cf-764ebb2f69af
Quick Glance: China’s ‘Red Circle’ Law Firms Expanding Internationally
- China’s top 'red circle' law firms are aggressively expanding their international presence and working at lower fees than western competitors.
- Several Chinese firms have opened offices in Asia and the US since early 2023, while international rivals retreat from the Chinese market.
- This expansion signals Chinese firms' aspiration to capture international clients and move into China-friendly nations.
- Although Chinese firms still lag behind western rivals, China's growing global presence is opening doors to international markets and fostering potential for future growth.
WADA stands by decision to clear 23 Chinese swimmers for Tokyo Olympics : The world’s top anti-doping regulator says after reviewing a documentary and other ...
apnews.com/article/china-doping-tests-wada-olympics-tokyo-061043894e68ba1be5f8a28f6a74bf6c
Japan 'two-faced' for seeking closer ties while warning of China threat, Chinese state media says
reut.rs/3U5JYFO
Ricciardo blasts Stroll after Chinese GP collision: Daniel Ricciardo accused Lance Stroll of not looking where he was going after the Aston Martin driver said an ...
reuters.com/sports/formula1/ricciardo-blasts-stroll-after-chinese-gp-collision-2024-04-21/
Japan launches anti-dumping probe into Chinese graphite electrodes for steelmaking
reuters.com/markets/asia/japan-launches-anti-dumping-probe-into-chinese-graphite-electrodes-steelmaking-2024-04-24/
Shenzhou-18 caps over two decades of Chinese human spaceflight: China will send three astronauts into low-Earth orbit on Thursday in the country's 13th crewed ...
reuters.com/technology/space/shenzhou-18-caps-over-two-decades-chinese-human-spaceflight-2024-04-24/
BYD unveils third ultra-luxury model under Yangwang brand: Chinese electric vehicle maker BYD unveiled the U7, its third ultra-luxury model under the Yangwang ...
reuters.com/business/autos-transportation/byd-unveils-third-ultra-luxury-model-under-yangwang-brand-2024-04-25/
Chinese Executives See US-China Rivalry as ‘Biggest Uncertainty’: Chinese business executives and investors are embracing a future fraught with geopolitical ...
bloomberg.com/news/articles/2024-04-14/chinese-executives-see-us-china-rivalry-as-biggest-uncertainty
Paid articlePaid HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
Chinese Stocks Advance as Beijing Renews Regulatory Support: Chinese stocks gained Monday as renewed regulatory support from Beijing shielded the market from a ...
bloomberg.com/news/articles/2024-04-15/chinese-stocks-advance-as-beijing-renews-regulatory-support
Paid articlePaid Verstappen adds China to his list of victories: Triple world champion Max Verstappen won Formula One's first Chinese Grand Prix in five years on Sunday with ...
reuters.com/sports/formula1/verstappen-adds-china-his-list-victories-2024-04-21/
Germany's Scholz sounds alarm over far-right China spy allegations: German Chancellor Olaf Scholz said on Wednesday allegations that the aide to a prominent ...
reuters.com/world/europe/german-far-right-politician-vows-not-quit-after-aide-accused-spying-china-2024-04-24/
Quick Glance: German Far-Right MEP's Aide Arrested for Alleged Chinese Espionage
- The individual named Jian G. stands accused of sharing information about negotiations at the European Parliament with a Chinese intelligence service and spying on Chinese opposition figures in Germany, according to federal prosecutors.
- Jian Guo is listed as an accredited assistant to MEP Maximilian Krah, the far-right AfD party's lead candidate for the upcoming EU-wide elections on the European Parliament's website.
- The suspect was apprehended in Dresden on Monday and authorities conducted searches at his residences.
- Expressing concern, the AfD addressed the allegations.
Bondi Junction stabbing: Chinese student phoned fiancé minutes before being attacked, devastated family on way to Australia
scmp.com/news/people-culture/trending-china/article/3259030/china-student-becomes-6th-victim-deadly-sydney-knife-rampage-devastated-family-way-australia
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