Tag: China Business & Economy

US Lags Behind India on Blocking Chinese Apps, Including TikTok

February 15, 2022
appsbanChinaChina Business & EconomyOpinionsocial controlSpecial TopicsTech CompetitiontechnologyThinking About ChinaTikTokUS-China relationsViewpoints
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News Analysis India sent a special Valentine’s Day gift to China on Feb. 14. Citing national security reasons, New Delhi banned 54 apps linked to China. These included one from Singapore called “Free Fire,” whose company, the gaming giant Sea, investors punished by wiping out $16 billion of its value. Since 2020, after the Chinese…

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China’s Economy Remains Weak

February 15, 2022
Business & EconomyBusiness ColumnistsChinaChina Business & EconomyeconomyOpinionThinking About ChinaViewpoints
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News Analysis No country welcomes economic trouble. Everyday citizens suffer, but even the nation’s leadership, though its members can avoid personal hardship, regret the loss of international influence that accompanies economic setbacks and fear that it will undermine people’s faith in the government’s competence. If anything, Beijing has extreme sensitivities on these scores. Much of…

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Senators Introduce Bill to Require Disclosure of CCP Involvement in Publicly Listed Firms

February 15, 2022
CCPChinaChina Business & EconomyCompaniesFinance & Business TiesSpecial TopicstechnologyUS-China relations
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In the latest move by U.S. lawmakers to thwart Chinese Communist Party (CCP) influence on corporations and economic activity, Sens. Marsha Blackburn (R.-Tenn.) and Marco Rubio (R.-Fla.) have introduced the No Chinese Communist SURPRISE Parties Act (S.3598). If it becomes law, this new bill would obligate the Securities and Exchange Commission (SEC) to require that…

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Xi Jinping and CCP Do Not Speak for the People of China: Survey Findings

February 14, 2022
CCPChinaChina Business & EconomyChinese RegimeLiberalSocial Issues
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The one-sidedness of official Chinese Communist Party (CCP) rhetoric and propaganda should not be taken to indicate a lack of diversity of viewpoint on the part of the Chinese population or general public agreement with CCP positions, according to a new report by the Center for Strategic and International Studies (CSIS), a Washington-based think tank….

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US-China Bilateral Tech Investment Aids Chinese Military

February 14, 2022
CCPChinaChina Business & EconomyInvestmentOpiniontechnologyThinking About ChinaThreat from Communist ChinaUncategorizedUS-China relationsViewpoints
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News Analysis The Trump administration fought to reduce the flow of U.S. technology and investor funds into the hands of the Chinese Communist Party (CCP). The trend continues under the Biden administration, but there is still much more to be done. “Chinese companies are beholden to the Chinese Communist Party,” said Sen. Tom Cotton (R-Ark.)…

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Factors Contributing to Global Shipping Rate Plunge: China Economic Analysts

February 14, 2022
2022 Beijing Winter OlympicsChinaChina Business & EconomyChinese RegimeGlobal supply chain disruption
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Chinese industry analysts attribute the global shipping rate drop to a number of China-related factors, including Beijing’s environmental protection order for the Winter Olympics, China’s reduced steel production, and the easing of port entry disruptions due to COVID-19 that sent shipping rates sky-high last year. Global rates for large bulk carriers have plunged by 90…

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Multiple Factors Contributing to Global Shipping Rate Plunge: China Economic Analysts

February 14, 2022
2022 Beijing Winter OlympicsCCP VirusChinaChina Business & EconomyChinese RegimeGlobal supply chain disruptionSpecial Topics
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Chinese industry analysts attribute the global shipping rate drop to a number of China-related factors, including Beijing’s environmental protection order for the Winter Olympics, China’s reduced steel production, and the easing of port entry disruptions due to COVID-19 that sent shipping rates sky-high last year. Global rates for large bulk carriers have plunged by 90…

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Tesla Sold 59,845 China-Made Vehicles in January: CPCA

February 14, 2022
autoBusiness & EconomyChinaChina Business & EconomyCompaniesCPCAeconomytesla
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BEIJING—U.S. electric vehicle maker Tesla Inc. sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) said on Monday. Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 70,847 China-made vehicles in December. Chinese EV makers Nio Inc. delivered 9,652 cars in January, increasing by 33.6 percent…

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Chinese Property Developers Funding Plummets Amid Deepening Liquidity Crunch

February 14, 2022
ChinaChina Business & EconomyChinese developersevergrandeliquidity riskreal estate
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China’s developers continue to face a liquidity crunch, with fundraising across all channels down 70 percent year over year in January, reported state-run media China News network. Capital raised by the property industry through selling domestic and international bonds, trust loans, and asset-backed securities totaled 79 billion yuan ($12.4 billion) in January, as uneasy sentiment extended into…

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Australian Parliament Committee Formally Backs Taiwan Over China for Pacific Trade Pact

February 14, 2022
Asia & PacificAustraliaBusiness & EconomyChinaChina Business & EconomyChina-Australia RelationsComprehensive and Progressive Agreement for Trans-Pacific PartnershipCPTPPeconomyInternationalInternational RelationsTed O'BrienTony AbbottUKWorld
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An Australian parliamentary body has called for Taiwan to join the Trans-Pacific Partnership over China, issuing an ultimatum to the communist regime to end coercive trade measures and re-establish engagement with Australia before it can enter the trade bloc. Ted O’Brien, chair of the trade subcommittee of the Joint Standing Committee on Foreign Affairs, Defence,…

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