China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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4,639 articles matching the search query.
The U.S. Is Getting Taiwan Ready to Fight on the Beaches
U.S. troops have been in Taiwan for 13 years, since “at least September 2008,” according to a “Foreign Policy review of Pentagon data produced by the Defense Manpower Data Center, an in-house Pentagon organization.” The amounts of troops are not disclosed, but are described by Foreign Policy as “small contingents.” Taiwanese President Tsai Ing-wen (Cài Yīngwén 蔡英文) recently commented on the public disclosure of the presence of U.S. troops in Taiwan, saying only that the amount of troops was “not as many as people thought.”
Some investors have not received Evergrande unit's bond interest due Nov 6, say sources
One of Evergrande’s units seemed to miss another dollar bond payment due November 6, triggering a 30-day grace period before default. Meanwhile, tomorrow marks the end of the grace period for an earlier missed payment on Oct. 11.
China’s census accuracy faces reality check amid Covid-19 vaccinations, tests
Are COVID-19 testing and vaccine records more accurate than the census? China bluntly denied Financial Times reporting from April this year that the country’s 2020 census was set to show a population decline had already occurred. The actual census results, released in May, showed a population still growing, but at its slowest rate in six decades. At the South China Morning Post, Zhou Xin writes that two cases of COVID-19 mass testing and vaccine campaigns appear to show a smaller, and more accurate “permanent residents” number than the census for those local governments. Zhou writes that this lends “credence to a long-standing suspicion that local governments tend to over-report their populations in censuses by including people who no longer reside there, because certain government subsidies are allocated based on the number of local people.”
Speculation swirls in China over TSMC’s response to US data request
After TSMC complied with a U.S. government request to share supply chain data and help explain global chip shortages, the company is under fire in China for allowing the “extortion of confidential information.”
宁德时代与哪吒汽车开启全面战略合作，将参与其D2轮融资
CATL doubles down on EV investments: The battery giant is growing its downstream portfolio, and has invested in two electric vehicle companies in four days. After becoming Chang’an Automobile’s second-largest shareholder, today it announced a strategic partnership with Neta Automobile, per Sina.
Changan’s Avatar adds CATL as new investor, NIO’s stake reduced
After a new investment round, Avatar Technology’s second-largest shareholder is CATL. Avatar is an EV company founded in 2018 that spun off from a joint venture between Chang’an Automobile and NIO.
Astronaut conducts first spacewalk by Chinese woman
The first Chinese woman spacewalker: Wáng Yàpíng 王亚平 made history on November 7 by spending six hours in a spacesuit, working on the outside of the Chinese Space Station (CSS) to install equipment and conduct tests, AP reports. Wang is part of a three-member crew on a six-month mission that will lay the groundwork for expanding the CSS through the end of 2022. See also a Wall Street Journal video on the spacewalk.
China Redefines Close Contacts so People Nearly 1 Kilometer Away Count
Tracking cell signal overlaps to enforcing COVID zero: Back in June, Chinese health officials coped with the country’s first Delta-driven spike of the virus by expanding the definition of a “close contact.” Now the criteria have been expanded again: Bloomberg reports that although policies vary by region, if one person’s cell phone has a “spacial-temporal overlap” (时空重合) with the phone of someone who is COVID-positive, they could be flagged for testing or quarantine — even if the two people never met in person.
What's Going on With Trump's SPAC? - The Wire China
Donald Trump’s latest SPAC deal has major China ties: It’s not illegal, but ironic given his hardline posture against Chinese companies during his presidency.
China Builds Missile Targets Shaped Like U.S. Aircraft Carrier, Destroyers in Remote Desert - USNI News
Target practice on U.S. warship mockups: According to new satellite imagery and analysis, the U.S. Naval Institute says that the “Chinese military has built targets in the shape of an American aircraft carrier and other U.S. warships in the Taklamakan desert as part of a new target range complex.”
An Energy Crisis in China, India That Revived Coal is Easing
The worst of China’s energy crisis is over, as coal supply has risen and prices have fallen since mid-October. Bloomberg reports, “China’s largest grid operator confirmed Sunday that supply and demand have returned to balance in its coverage area, about 88% of Chinese territory, though curtailments continue for some high-consuming, heavy-polluting industries in selected provinces.”
Haier Founder Zhang Ruimin to Step Down as Chairman
Zhāng Ruìmǐn 张瑞敏, the founder of Haier, China’s top home appliance conglomerate, announced on November 5 that he would be stepping down as chairman.
又现20cm涨停！元宇宙有多火？罗永浩都来了，更有国家队跑步入场！
Luó Yǒnghào 罗永浩, a dodgy smartphone entrepreneur, announced on Weibo that his “next venture” will be a “metaverse company,” accompanied by a viral Twitter thread by U.S. entrepreneur Shaan Puri.
“0首付”购车被叫停？特斯拉：订单太多，担心影响交付周期
Tesla has suspended a generous zero-down-payment program for Chinese consumers just three days after it was introduced; the company said so many people used it that the new orders could slow down production.
Tencent launches three new chips as China's tech giants bolster efforts in semiconductors
Tencent is joining China’s race for semiconductor self-sufficiency, designing three chips for various AI and networking applications, per CNBC. But like others, these chips would rely on overseas ARM architecture, which could pose geopolitical risks, as Paul Triolo explained on SupChina.
ByteDance Founder Quits Board, Source Says
He quit the board, but does he still control ByteDance behind the scenes? The co-founder and chairman of the company behind TikTok, Zhāng Yīmíng 张一鸣, has relinquished his board seat at the company six months after he said he was stepping down as CEO to focus on the firm’s long-term strategy,” Caixin reports. But the South China Morning Post says he may still be pulling the strings.
China ministry orders 38 apps to rectify excessive collection of personal data
The government has ordered 38 apps from several companies, including Tencent and Xiaohongshu, to rein in their data collection practices two days after its sweeping Personal Information Protection Law went into effect.
China Expands Nuclear Weapons Arsenal to Better Compete Globally, Pentagon Says
Is China changing its nuclear weapons posture? The latest Pentagon report on Chinese military power, released yesterday, said that China is on track to have 1,000 nuclear warheads by 2030 — double the rate of expansion previously estimated, the Wall Street Journal notes. That number would still be a fraction of the U.S. and Russia, the Economist writes, as each nation maintains about 4,000 warheads, but the magazine says Beijing’s buildup indicates a shift in strategy: “All told, China is shifting to a ‘launch on warning’ doctrine. Rather than rely on a minimal nuclear deterrent to retaliate after an initial nuclear attack, China would henceforth fire at the first sign of an incoming nuclear strike, even before the enemy warheads have landed.” The Chinese Foreign Ministry dismissed the Pentagon’s report as “full of prejudice with a disregard of the facts.”
