Tag: China Business & Economy

US Companies Adapt to Heavy-Handed Network Data Supervision in China

Many U.S. companies have been adjusting their digital services in China due to a tightening of data surveillance by the authorities. This has been ongoing since 2021 when the ruling Chinese Communist Party (CCP) announced policy curbs tightening data security, privacy, and internet content. More recently China’s Market Supervision and Cyberspace Administration co-issued a notice…


Beijing Tightens Control Over Citizens With New Railway Law: Expert

News Analysis Beijing is set to implement a new law on July 1 prohibiting passengers from bringing certain items onboard a train. China observers believe the law will allow the Chinese regime to further tighten control over its population. Under the new law, railway passengers are only allowed to bring a certain amount of personal…


FCC Commissioner Calls on Apple and Google to Ban TikTok From App Stores

In light of national security threats posed by TikTok, Commissioner Brendan Carr called on both Apple and Google to ban TikTok in their app stores. Brendan Carr, the Commissioner of the Federal Communications Commission (FCC) addressed the security issue in an open letter to Apple and Google on June 24. He highlighted on Twitter: “TikTok…


China Extends Anti-Dumping Tariffs on EU, UK Steel Fasteners Imports

BEIJING—China’s commerce ministry said on Tuesday it would extend anti-dumping tariffs on certain steel fasteners imported from the European Union and United Kingdom for five years. The anti-dumping tariffs will be imposed from June 29, the ministry said in a statement. By Emily Chow in Kuala Lumpur and Beijing Newsroom …


China Concepts Stock Driven to Desperate Situation by the Chinese Communist Party

The American dream of Chinese business owners was shattered when more than 200 China Concepts Stock left the United States, the world’s largest capital market, due to China’s rejection of U.S. regulatory requirements as well as the U.S.-China geopolitical tension. June 10 was the last day Didi Global (DIDI) was listed on the New York…


China Concepts Stock in Desperate Situation Amid Rising Geopolitical Tensions

News Analysis The American dream of Chinese business owners was shattered when more than 200 China Concepts Stock left the United States, the world’s largest capital market, due to China’s rejection of U.S. regulatory requirements as well as the U.S.-China geopolitical tensions. June 10 was the last day Didi Global (DIDI) was listed on the…


Special Report: Sanctions on Russian Oil Drive Restructuring of Global Supply Chain, India and China Benefit

Recently, the European Union applied sanctions on the importation of Russian oil to reduce its dependence on Russia as a source of energy. The EU sanctions combined with those applied by the United States have caused Russia to deeply discount its oil prices. The discounts have provided an opportunity for China and India to increase…


Sanctions on Russian Oil Drive Restructuring of Global Supply Chain, India and China Benefit

The European Union applied sanctions on the importation of Russian oil to reduce its dependence on Russia as a source of energy. The EU sanctions combined with those applied by the United States have caused Russia to deeply discount its oil prices. The discounts have provided an opportunity for China and India to increase the…


China Evergrande Faces Winding-Up Lawsuit in Hong Kong

HONG KONG—An investor in China Evergrande Group unit Fangchebao said on Monday it had filed a winding-up petition against the embattled property developer in Hong Kong because it had not honored an agreement to repurchase shares the investor bought in FCB. It is the first winding-up petition known to have been filed against Evergrande, which…


Officer’s Dramatic Faked Injury Forces Chinese Regime to Ease Restrictions

A conflict between a police officer and a father-daughter pair in northeastern China’s Dandong city angered the Chinese people. Under pressure from public opinion, the regime was forced to ease some of the restrictions in the city on June 24. Such a move is a big deal for a city that had been locked down…