Month: November 2022

Morning auction: wild oil ride in the middle of China and crypto woe

A preview of the day ahead in US and global markets by Mike Dolan. The oil turmoil, China’s COVID crisis, and unraveling cryptocurrencies make for uncomfortable reading for investors beginning to analyze what looks like a recession year ahead. Rising interest rates and slowing economies dominate most of the outlook for 2023, including Tuesday’s latest […]

Political and economic development path of socialism with key Chinese characteristics of transformation

Photo: CGV Editor’s note: For the Chinese, the past decade has been epic and inspiring. The country, under the leadership of the Communist Party of China (CPC) Central Committee with Comrade Xi Jinping at the center, has made great efforts to boost its economy, deepen reforms, improve the rights of its people and act as […]

Chinese universities rise in world rankings and could overtake the United States

“America can no longer take its decades-long dominance for granted…China [is] rise to the challenge,” said a ratings expert According to this year’s World University Rankings, published by Times Higher Educationa British publication that rates universities around the world. An expert, a former professor in China, said Chinese universities have improved at a faster rate […]

After China CDMO fails, Cambrex acquires ingredient maker Snapdragon Chemistry – Endpoints News

While CDMO Cambrex has grown steadily throughout the year, its latest acquisition sees a deeper dive into the active pharmaceutical ingredient game. The CDMO, based in New Jersey, has agreed to acquire Snapdragon Chemistry, a producer of chemical services and API manufacturing for biopharmaceutical customers. The deal will see Cambrex acquire Snapdragon’s two facilities in […]

US strengthens defense ties with Indonesia as China strengthens

JAKARTA, Indonesia (AP) — U.S. Secretary of Defense Lloyd J. Austin met with his Indonesian counterpart on Monday to strengthen defense ties amid growing Chinese naval activity in the Indo-Pacific region. Austin, at a joint press conference after meeting with Indonesian Defense Minister Prabowo Subianto, said he discussed ways to deepen the partnership between the […]

The role played by the Chinese community is valued | Daily Express Online

The role played by the Chinese community is valued Published on: Monday, November 21, 2022 Text size: Ellron (fifth from right) with Chinese Consul General in Kota Kinabalu Huang Shifang (fourth from right), KKCCCI Chairman Datuk Michael Lui (sixth from right) and other dignitaries at the cake cutting ceremony of ‘anniversary. The state government appreciates […]

Chinese brands bet on Qatar World Cup sponsors

November 21, 2022 BEIJING – As the World Cup in Qatar approaches, the “made in China” is increasingly present in this biggest footballing bonanza across the world, with Chinese brands betting on sponsorship to boost their international influence, according to Global Data, a London-headquartered consulting and analytics firm, Beijing Business Today reported. Wanda Group, Hisense […]

Chinese and Thai people share similar values

BEIJING, November 19, 2022 /PRNewswire/ — Peng Liyuan, wife of Chinese President Xi Jinping, visited the Kingdom Arts Museum in Ayutthaya, Thailand Friday. The event was joined by spouses of some leaders who attended the 29th Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting. Naraporno Chan-o-cha, wife of Thai Prime Minister Prayut Chan-o-cha, greeted Peng upon […]

John Ivison: Trudeau was right to confront Xi over election interference, but he did it for all the wrong reasons

Breadcrumb Links National Editorials Columnists The PM has made public his ‘serious concerns’ about getting out of a traffic jam at home Get the latest John Ivison news straight to your inbox Register Prime Minister Justin Trudeau is being reprimanded by Chinese President Xi Jinping at Wednesday’s G20 summit for what Xi alleged was the […]

Conservatives want to know if alleged Chinese candidate funding was reported to Elections Canada

Conservative MPs asked during Question Period in the House of Commons on Friday whether Prime Minister Justin Trudeau informed Elections Canada after he was told by intelligence officials in January that the Chinese Communist Party (CCP) had secretly funded 11 candidates in the 2019 federal election. “The Prime Minister had a choice: he could report […]

China’s Ministry of Tourism Optimizes COVID Prevention Guidelines, Aimed at Boosting Travel, Culture Industry

A tourist poses for a photo at a shopping complex rebuilt from an old building in Yuzhong County, southwest China’s Chongqing, Oct. 6, 2022. Photo: Xinhua China on Friday further optimized epidemic prevention and control measures in the tourism and culture sector, which are in line with the country’s recently released targeted and science-based COVID-19 […]

Chinese students spread their wings in Asia

Primary school students, including Gu Keyu’s daughter, fourth from right, celebrate the end of the summer term in Chiang Mai, Thailand in June 2019. CHINA DAILY Singapore and Thailand among several popular destinations A growing number of Chinese students are studying elsewhere in Asia, attracted by high-quality education, comfortable living conditions and relatively lower costs […]

‘Top priority’: House Republicans outline plan for Biden family probe

On Thursday, House Republicans outlined plans to investigate Joe and Hunter Biden’s foreign business dealings, calling the investigation a “top priority” for the GOP in the new Congress. Rep. James Comer (R., Ky.), who will chair the House Oversight Committee next year, said Republicans will explore “every avenue” of the Biden family’s business activity in […]

UK blocks chipmaker’s sale to Chinese firm, citing security

LONDON (AP) — The British government has blocked a Chinese company’s takeover of a Wales-based microchip maker, calling it a national security risk. Nexperia, a Netherlands-based company owned by China’s Wingtech, announced last year that it had acquired a 100% stake in Newport Wafer Fab, one of Britain’s largest semiconductor makers. The government said late […]

“Cloud Business, Win-win Future”, 2022 Training Course for Chinese Russian Business Professionals Officially Launched

On November 4the launching ceremony of the 2022 “Chinese + Business” training course for Chinese Russian business professionals was opened online, which was organized by the Center for Language Education and Cooperation (CLEC) and organized by Dalian University of Technology. The event was attended and addressed by Yang Jun, Deputy Director of CLEC; Liu TongDirector […]

Tencent Q3 hurt by weak Chinese economy, regulations; will give Meituan’s stake as a dividend

Michael VI Chinese internet giant Tencent (OTCPK: TCEHY) reported Third-quarter results beat expectations on Wednesday due to a slowing Chinese economy and regulatory crackdown, with the company adding it would distribute its $20.3 billion stake in Meituan to shareholders as a dividend. For the period ending September 30, Tencent (OTCPK: TCEHY) said its revenue fell […]

In China’s property crisis, global asset managers see opportunity in rental housing

Warburg and Greystar seek to buy assets from struggling developers Beijing’s support policies for rental housing boost yields Developers Vanke and Longfor are also looking to expand their rental business HONG KONG, Nov 16 (Reuters) – Global investors Warburg Pincus and Greystar Real Estate Partners are getting more into rental housing in China as a […]

Macron calls for more cooperation with China on Ukraine, Beijing remains on its position

PARIS, Nov 15 (Reuters) – The French presidency said on Tuesday it was crucial for Paris and Beijing to cooperate more closely to overcome the consequences of the war in Ukraine after Emmanuel Macron met Chinese President Xi Jinping on the sidelines of summit in Indonesia. France, together with its Western partners, has been trying […]

China keeps policy rate unchanged as policymakers balance yuan and economic risks

SHANGHAI, Nov 15 (Reuters) – China’s central bank partially rolled over its maturing medium-term policy bonds and kept the interest rate unchanged for a third consecutive month on Tuesday, suggesting policymakers are wary of deepening the weakness of the yuan by easing monetary conditions. A global wave of interest rate hikes has limited Beijing’s ability […]

Alibaba and are keeping Double 11 earnings secret. The Chinese consumer is clearly changing.

Like the 14 Dual 11 has come to an end, the depression of consumer morale in China and the huge change in consumption habits have made this year’s shopping festival not reach the feverish growth of previous years. In an unprecedented move, neither Tmall nor announced their GMV (Gross Merchandise Volume) results for this […]

US President Joe Biden and Chinese President Xi Jinping seek to ‘manage our differences’ in meeting

NUSA DUA, Indonesia — President Joe Biden and Chinese President Xi Jinping on Monday opened their first face-to-face meeting since the US president took office nearly two years ago, in a bid to “manage” superpower differences as they compete for global influence in a context of growing economic and security tensions. Xi and Biden greeted […]

Hong Kong shares rise in mixed session in Asia, Softbank shares fall 14%

Foreign tourist arrivals will not return to pre-Covid levels until 2025, Indonesian minister says Foreign tourist arrivals in Indonesia will not return to pre-Covid levels until 2025, according to the country’s tourism ministry. Sandiaga Uno, the country’s tourism and creative economy minister, said foreign tourist arrivals are currently at 25% of pre-pandemic levels. The government […]

China wants to repair its ties with the United States But it will not take the first step.

Comment this story Comment A buff on U.S. China policy rarely gets the attention given last month to Scott Kennedy, the first U.S. scholar to visit since Beijing’s strict coronavirus travel restrictions began more than two years ago. For Kennedy, an expert on Chinese business and economics at the Washington-based Center for Strategic and International […]

Decline in the mobility of Chinese students: it is only temporary

GLOBAL-CANADA-CHINA In the face of some bleak predictions regarding outbound mobility of Chinese students, we predict that Chinese students’ willingness to study abroad will remain strong due to strong “push” factors in China including economic factors, competitive system , the value placed on intercultural learning and , most importantly, Chinese educational culture. The current drop […]

Tanzanian students, teachers honored for excellence in Chinese language – Xinhua

Chen Mingjian, Chinese Ambassador to Tanzania, presents the awards to the winners of the 5th Chinese Ambassador’s Award in Dar es Salaam, Tanzania, Nov. 10, 2022. (Photo by Herman Emmanuel/Xinhua) Over 100 Tanzanian students and teachers have won the Chinese Ambassador’s Award for Excellence in Chinese Language Learning and Teaching in 2022. DAR ES SALAAM, […]

Guangzhou lockdown: Chinese criticize zero-Covid – in language censors don’t seem to understand

hong kong CNN — In many countries, swearing against the government online is so commonplace that no one takes a stab at it. But it’s not such an easy task on China’s heavily censored internet. That doesn’t seem to have stopped Guangzhou residents from venting their frustration after their city – a global manufacturing powerhouse […]

Remarks by Chinese Ambassador to New Zealand Wang Xiaolong at the Global Cities New Zealand Forum

Grand Hall, Parliament Building, November 10, 2022 Dear President Smith,Honorable Minister Sio,Members of Parliament,President Emeritus Hiromi MorrisDear members of the diplomatic corps,Distinguished Guests,Ladies and gentlemen,Hello. It is a pleasure for me to be invited to the Global Cities New Zealand Forum. Let me start by extending my warmest congratulations to Global Cities NZ for organizing […]

Chinese president unanimously re-elected general secretary of CPC Central Committee

Chinese Ambassador to Dominica, LIn Xianjiang Chinese President Xi Jinping was unanimously re-elected as general secretary of the CPC Central Committee, which fully reflects the common will of the whole Party and people across the country. The decision was made following the 20th National Congress of the Communist Party of China (CPC) held recently. According […]

Sabah government urges Chinese chamber KK to continue dialogue with SMJ halatuju

KOTA KINABALU: The Sabah government wants the Kota Kinabalu China Chamber of Commerce and Industry (KKCCCI) and other chambers of commerce to further exploit the Sabah Maju Jaya (SMJ) halatuju for economic opportunities. Chief Minister Datuk Seri Hajiji Noor, acknowledging the contribution of the Chinese community through KKCCCI in boosting the growth of the state’s […]

Live Updates: Albanese to push for removal of Chinese trade sanctions

Mexico’s central bank raised its benchmark interest rate to 10% on Thursday as core inflation remained stubbornly high. Banco of México raised the benchmark rate by 0.75 percentage points, marking the 12th consecutive meeting where it has tightened monetary policy. Analysts were widely expecting a 0.75 percentage point increase, but the five-member board’s decision was […]

Apple supplier Foxconn adjusts production to avoid the holiday blues

Foxconn expects fourth-quarter smartphone revenue to decline Said to work to ensure no COVID impact on holiday orders Fourth quarter revenue flat, with cautious outlook for 2023 Third quarter profit T$38.8 billion vs. T$41.3 billion market preview TAIPEI, Nov 10 (Reuters) – Apple Inc (AAPL.O) Foxconn supplier (2317.TW) said Thursday it expects smartphone revenue to […]

Guided Therapeutics Provides Update on Significant Progress in Chinese Clinical Study for Marketing Approval of LuViva Advanced Cervical Scanner | app

PEACHTREE CORNERS, Ga.–(BUSINESS WIRE)–Nov 9, 2022– Guided Therapeutics, Inc. (OTCQB: GTHP), maker of the LuViva Advanced Cervical Scan, based on its patented biophotonic technology, today announced that the clinical trial for Chinese regulators is back on track after experiencing delays due to Covid-19 lockdowns and is expected to be completed and filed with the China […]

Regular Press Conference by Foreign Ministry Spokesperson Zhao Lijian on November 9, 2022

At the invitation of France, Chen Zhu, vice chairman of the National People’s Congress (NPC) Standing Committee, will attend the Paris Peace Forum and related activities on behalf of China on November 11. MASTV: Can you share with us the consideration behind Vice President Chen Zhu’s participation in the Paris Peace Forum? What activities are […]

Exclusive: Nvidia offers advanced new chip for China that meets US export controls

OAKLAND, Calif., November 7 (Reuters) – U.S. chipmaker Nvidia Corp (NVDA.O) offers a new advanced chip in China that adheres to recent export control rules aimed at keeping advanced technologies out of China’s reach, the company confirmed on Monday. Nvidia responded to reports from Reuters that Chinese computer vendors are advertising products with the new […]

Amb Wonekha Courts Chinese Investors: Invest in Uganda and Make Huge Profits

Uganda’s consistency and commitment to private sector development is legendary and unparalleled, making Uganda a fully liberalized economy, Ambassador Oliver Wonekha said. She was addressing the Investment, Trade and Tourism Promotion Conference held in Shandong on Tuesday to celebrate 60 years of diplomatic relations between Uganda and China. According to her, the conference will give […]

Singapore, Chinese companies sign major deals to boost economic ties

Ti Gong Singapore exhibit at the 5th China International Import Expo. Six MoUs and Letters of Intent on logistics, digital innovation, education and cosmetics were signed at the 5th China International Import Expo on Monday to strengthen economic ties and trade relations between Singapore and Chinese companies. Around 650 Chinese and Singaporean business leaders attended […]

Germany’s economy ministry backs blocking China’s takeover of Elmos chip production

BERLIN (Reuters) – Germany’s economy ministry has recommended the government block a Chinese takeover of the Elmos chip factory, saying it would pose a threat to national security, officials said on Tuesday. Ministry sources. Softer measures, such as an injunction, are not suitable to deal with the identified dangers, the sources added. Elmos said on […]

English versus Chinese: who will win? – Channelle Cervantes, Gumley House

In 2022, 1.4 billion people worldwide speak English as a first or second language, with Chinese sneaking in behind with nearly 1.2 billion speakers. Chinese culture and influence have become increasingly widespread in recent decades with its enormous manufacturing power, continuously expanding economy, and international interest in its deeply rooted culture. In fact, the Chinese […]

Brutal Murders, Rotting Corpses, Broken Elevators: Inside Raphael Warnock’s Secret Low-income Apartment Building, Vol. 2.

A maintenance worker charged with the brutal murder of a tenant. A sex offender who slept in the hallways. A corpse left in an apartment for days, found covered in flies. These are just a few disturbing stories about living conditions in apartments owned by Sen. Raphael Warnock’s (D., Ga.) church, gathered from interviews with […]

EXCLUSIVE Ex-US military pilot arrested in Australia gave same address in Beijing as Chinese hacker – documents

SYDNEY, Nov 4 (Reuters) – A former U.S. military pilot arrested in Australia and facing extradition to the United States on undisclosed charges has given the same address in Beijing as a Chinese businessman jailed in the states States for conspiring to hack into the computers of US defense contractors. , the documents show. The […]

Launch of an advanced Chinese test for non-native speakers

HSK, a Chinese language proficiency test, will officially hold its first test for high-level non-native speakers on November 26, 2022. [Photo/VCG] The Hanyu Shuiping Kaoshi, or HSK, a Chinese language proficiency test, will officially hold its first test for high-level non-native speakers on Nov. 26, said the Center for Language Education and Cooperation, the test’s […]

Tiger Global reportedly suspends new investment in Chinese stocks after President Xi Jinping takes power

The company’s hedge funds and long-only have reduced their exposure to China this year, reducing the percentage of Tiger Global’s portfolio in the mid-teens country to mid-single digits, the report said, citing people familiar with the matter. Tiger Global, known for recovering hard-hit Chinese internet stocks in 2022, is taking a wait-and-see approach to Chinese […]

“Chinese modernization” should bring new opportunities to UAE

“Chinese modernization” is expected to bring new opportunities to the UAE, especially in the areas of technological innovation and pragmatic global energy transition. This was reiterated by Chinese Consul General Li Xuhang during a press briefing in Dubai on Thursday, following the conclusion of the 20th CPC National Congress on October 23. Highlighting parts of […]

Can Chinese Internet Companies Survive the “Cold Winter”? – Analysis – Eurasia Review

By Wei Hongxu As the Federal Reserve accelerates monetary tightening, the investment environment across the world has seen tremendous changes. Internet companies that were once the center of the capital market are facing valuation adjustments as funding costs rise and future earnings depreciate. In the case of Chinese Internet companies, there is a dual impact […]

Canada orders three Chinese companies to quit lithium mining

China says Canada is breaking trade and market rules Chinese company stocks fall Companies say they don’t expect a major performance hit OTTAWA/BEIJING, Nov 2 (Reuters) – Canada on Wednesday ordered three Chinese companies to divest their investments in critical Canadian minerals, citing national security. In response, China accused Ottawa of using national security as […]

US-China report recommends secret diplomacy with Chinese military

Correction: A previous version of this article misrepresented basic report information. The report was commissioned by the US-China Economic and Security Review Commission, but it does not reflect the commission’s official recommendations to Congress. The commission’s recommendations will be published later in November 2022 in its annual report. WASHINGTON — A report commissioned by the […]

A tactical gear store arrives in Harbison; Chinese restaurant in Vista | Colombia Business

COLUMBIA – A national retailer of hardwearing outdoor clothing and military-style gear is opening its first retail store in the Midlands. 5.11 Tactics rearranges a store location to 1009 Bower Drive, near Harbison Blvd. The store is expected to open in early 2023, according to the company’s spokesperson Kristen Gooding. The company markets high-durability clothing […]

Exodus of auditors from struggling Chinese property companies raises governance concerns

HONG KONG: Auditors of at least 14 Hong Kong-listed Chinese property companies have pulled out this year, securities filings show, raising governance concerns about indebted developers, many of whom have yet to published long-awaited financial results. Embattled developers including Sunac China, Shimao Group and Kaisa Group are among those whose listeners have parted ways in […]

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