News Analysis In the ever-expanding arms race between communist China and the United States, few domains of competition are as high stakes as that of space. Satellite architecture is required for everything from GPS to bank transactions to missile defense systems. As such, it is no surprise that both nations are investing heavily in their…
US-China Space Competition Heats Up
June 13, 2022
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arms raceAsia & PacificChinaChina Business & EconomyChinese RegimeinnovationInternational RelationsmilitaryNational SecurityPolicies & ImpactsSpaceSpecial TopicsTech CompetitiontechnologyThreat from Communist ChinaUSUS-China relationsWorld
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US-China Battle for Space Supremacy Heats Up
June 13, 2022
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arms raceAsia & PacificChinaChina Business & EconomyChinese RegimeinnovationInternational RelationsmilitaryNational SecurityPolicies & ImpactsSpaceSpecial TopicsTech CompetitiontechnologyThreat from Communist ChinaUSUS-China relationsWorld
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News Analysis In the ever-expanding arms race between communist China and the United States, few domains of competition are as high stakes as that of space. Satellite architecture is required for everything from GPS to bank transactions to missile defense systems. As such, it is no surprise that both nations are investing heavily in their…
Tesla Cancels 3 June Online Hiring Events for China
SHANGHAI—Tesla Inc. has cancelled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, saying it was “overstaffed” in some areas. However, Musk had not commented specifically on staffing in China, which made more than half of the vehicles for…
Challenging Beijing’s Dominance in Rare Earths Requires Consumer Industries to Avoid Sourcing From China: Analysts
China is at the very top of global supply chains essential to the mining, refining, packaging, shipment, and sale of rare earth metals used for semiconductors, electric vehicles, and other growing industries. The only way to prevent Beijing’s total consolidation of this dominance is for consumer industries to change their trading relationships and source from…
Challenging Beijing’s Dominance in Rare Earths Requires Industries to Avoid Sourcing From China: Analysts
China is at the very top of global supply chains essential to the mining, refining, packaging, shipment, and sale of rare earth metals used for semiconductors, electric vehicles, and other growing industries. The only way to prevent Beijing’s total consolidation of this dominance is for consumer industries to change their trading relationships and instead source from…
Chinese Enterprises and Tycoons are in a Money Transfer Frenzy, Singapore the Top Choice
June 11, 2022
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ChinaChina Business & EconomyHK BusinessHK Current AffairsHong KongHong Kong EconomyHong Kong Emigrantsimmigration
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A Chinese Tycoon from Fujian Province recently bought 20 units at Canninghill Piers, a luxury condominium development in Singapore. More and more Chinese tycoons are worried about leaving a large proportion of their money in mainland China and are transferring their assets abroad. Within this asset transfer fever, Singapore has become the number one safe…
China’s Dominance in Global Lithium Supply Poses Risks to US Companies: Report
June 10, 2022
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battery supply chainBusiness & MarketsBusiness ColumnistsChinaChina Business & Economyelectric vehicleEVEV batteriesHong Konglithium minesLithium SupplyUSUS-China relations
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China’s control over the global lithium supply chain presents elevated risks to downstream U.S. companies as Chinese companies continue to expand their footprints in overseas lithium mines. “We love our suppliers, and we have a very strong relationship, but we are very dependant on the supplies coming from China. … We think there are risks…
US Accuses China of Endangering Diplomats by Fabricating Quotes About Xinjiang
June 10, 2022
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Asia & PacificChinaChina Business & EconomyChina Human RightsChinese RegimeconsulatediplomatsGlobal TimesGuangzhouInternationalUSUS-China relationsWorld
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The U.S. Embassy to China accused the Chinese communist regime on June 7 of putting two diplomats in danger by attributing fake quotes to them about the human rights abuses of Muslim Uyghurs in Xinjiang. On June 5, a social media user named Buyidao, who is associated with Chinese state media Global Times, posted that…
Foreign Investors Dumping the Yuan and Fleeing China
June 9, 2022
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Business & MarketsBusiness ColumnistsChinaChina Business & EconomyInvestmentlockdownsOpinionThinking About Chinayuan
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Commentary China’s COVID-19 lockdowns and rate cuts are driving down the yuan and exacerbating foreign capital outflow. “Uncertainty is really the keyword, because there’s no view, no outlook about how long this could last, and what will be next after Shanghai,” Massimo Bagnasco, vice president of the European Union Chamber of Commerce in China, told…
3 US Companies That Allegedly Sent Defense Blueprints to China Receive Export Denial Order
June 9, 2022
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ChinaChina Business & EconomyNational Securitysanctionu.s. national securityUSUS NewsUS-China relations
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The Commerce of Business has issued a temporary denial order (TDO) for 180 days to three U.S. companies for the illegal export of data relating to satellite, rocket, and defense technology to China. On June 7, the Commerce Department’s Bureau of Industry and Security (BIS) accused three U.S.-based companies of unauthorized export of technical drawings…
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