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4,639 articles matching the search query.
Ukraine: Did China Have a Clue? • Stimson Center
Did Xi know about Putin’s attack on Ukraine? “Despite the impression that Putin intentionally created, a careful examination of the events suggests that China was, in fact, played,” writes Yun Sun, a prominent analyst on Chinese foreign policy. “The beauty of Putin’s play is that China cannot rebuff and clarify they didn’t know.”
February 28, 2022 Source: Stimson Center
China on verge of high-income status after wealth measure jumps 20%
China has come within striking distance of the World Bank’s threshold for a high-income country after per capita gross national income (GNI) jumped 20% last year to $12,438 per capita. The World Bank regards $12,695 per capita as the minimum for high-income countries.
Compared to major regions, the United States ($64,530), Japan ($40,360), and Hong Kong ($48,630) are on the higher end of the spectrum, Russia ($10,690) hovers near the middle, and India ($1,920) trends further down, according to World Bank data from 2020.February 28, 2022 Source: Nikkei Asia
Over $154M tied to detained Chinese-Canadian oligarch invested in GTA real estate | Globalnews.ca
Xiāo Jiànhuá 肖建华 is connected to over $154 million in Toronto-area real estate, Global News reports. The Chinese billionaire, who also holds Canadian and Antiguan passports, was abducted in Hong Kong five years ago by mainland China security agents. He has yet to go on trial and has not been heard from since. In the meantime, regulators in Beijing have seized “companies worth hundreds of billions of dollars tied to Tomorrow Group,” which Xiao had controlled for years.
February 28, 2022 Source: Global News
董明珠:会在保证质量前提下通过技术创新降成本
GREE, China’s largest air conditioner manufacturer, is suffering from real estate construction slowdowns and increases in component prices, according to chairperson Dǒng Míngzhū 董明珠, one of China’s most successful female entrepreneurs, but she confirmed GREE’s plans to enter the mobile phone market.
February 28, 2022 Source: www.egsea.com
Hong Kong Pharmacies Run Out of Flu Meds Amid Panic Buying
Hongkongers are panic-buying cold and flu medication, Bloomberg reports, while a number of other residents scramble to figure a way out amid the city’s most recent COVID outbreak. The surge in cases poses an even greater threat to Hong Kong’s vulnerable elderly population, where “more than 200 people have died this month from COVID, many of whom were over 70 and unvaccinated.”
Last week on SupChina: Hong Kong intensifies COVID control measures amid Omicron wave, pushing residents to the brink.
February 28, 2022 Source: Bloomberg.com
China to Add 3,000 ‘Little Giants’ This Year to Spur Innovation
To spur innovation in chipmaking and biotech, China is going to designate 3,000 state-level “little giant startups” this year, according to the Ministry of Industry and Information Technology.
February 28, 2022 Source: Bloomberg.com
In Depth: China’s Game Studios Face Long March as Titles Languish Unapproved
China’s pause on approvals of new video games, which has been ongoing since July 2021, has resulted in a “major headache for the industry,” Caixin reports. From July to December last year, 140,000 Chinese gaming companies were shut down.
February 27, 2022 Source: caixinglobal
China launches national record 22 satellites on Long March 8 commercial rideshare - SpaceNews
Record-breaking satellite launch: China placed 22 satellites in space on February 27 with a single launch of a Long March-8 rocket, setting a domestic record for the most spacecraft launched by a single rocket.
February 27, 2022 Source: SpaceNews
China's Xi, in message to North Korea's Kim, vows cooperation under 'new situation'
In a message to Kim, Xi said China is ready to work, together with the Korean side, to steadily develop the China-DPRK relations of friendship and cooperation ... "under a new situation."
February 25, 2022 Source: The Japan Times
Don’t mention the invasion: China spins Russia’s war in Ukraine
What China is saying about Ukraine, in China: Russia’s attack on Ukraine is not necessarily “an invasion,” stated Huá Chūnyíng 华春莹, a Chinese Foreign Ministry spokesperson, as Chinese authorities struggle to narrate the crisis at home.
China’s state broadcaster gave prominent coverage to Putin’s narrative, while the Ukraine-Russia conflict was pushed to the end of its main news program, per the Financial Times. People’s Daily put the war on the bottom of page three on Friday. A translation of Putin’s speech by a nationalistic news site went viral, with the Weibo hashtag #putin10000wordsspeechfulltext surpassing 1 billion views within 24 hours, per the New York Times. “The grand narrative of nationalism and great-power chauvinism has squeezed out their last bit of humanity,” the author of a now-deleted viral WeChat article titled “All those who cheer for war are idiots,” wrote per the New York Times. “The official media coverage on Ukraine has shifted in recent days to allow for more perspectives from Ukraine and immersive imagery of the conflict. This signals a widening space for social media discourse also,” Maria Repnikova told Bloomberg.Read our Q&A with Maria Repnikova last Friday: Maria Repnikova on Chinese soft power and Ukraine.
February 25, 2022 Source: FinancialTimes
Chinese Embassy in Ukraine Urges Its Citizens Not to Reveal Their Identity
What China is saying about Ukraine, in Ukraine: China’s embassy in Ukraine has advised its citizens in the country not to reveal their identity, after many in Kyiv voiced fears of rising anti-Chinese sentiment among Ukrainians who believe that China supports the Russian invasion of Ukraine, per What’s on Weibo.
The advice came just two days after the embassy issued a notice to its citizens in Ukraine that they should place a Chinese flag on their vehicles amid growing levels of violence across the country. There are about 6,000 Chinese citizens in Ukraine, according to Chinese media quoting the embassy, though some claim the number hovers around 10,000.February 25, 2022 Source: caixinglobal
Has Chinese Aid Benefited Recipient Countries? Evidence from a Meta-Regression Analysis
China’s foreign aid has a small but positive impact on economic and social outcomes, according to a new working paper released by the International Monetary Fund (IMF). However, Chinese aid also has “the opposite [effect] on governance, albeit negligible in size” for recipient countries.
The report found a substantial publication selection bias in the body of research published in peer-reviewed journals, suggesting that studies that do not find statistically significant effects are less likely to be submitted to journals or accepted for publication.February 24, 2022 Source: IMF
Chinese cybersecurity lab discovers US backdoor at Chinese system
A Chinese cybersecurity team found a back door linked to the U.S. National Security Agency (NSA), according to a Pangu Lab report (English, Chinese) released Wednesday. The back door, which Pangu named as “Bvp47,” was found in the computer systems of unidentified key Chinese departments at least twice in 2013 and in 2015.
“Bvp47” is linked with the hacking tools leaked by the Shadow Brokers in 2016 and 2017, which have already been established by Western discourse as linked with the NSA.February 24, 2022 Source: pekingnology.substack.com
EXCLUSIVE Tesla plans new Shanghai plant to more than double China capacity - sources
Tesla plans to start construction of a new factory in Shanghai as soon as next month, according to Reuters. The new plant would give Elon Musk’s company the capacity to produce up to 2 million cars per year in Shanghai, up from its current 450,000 output.
February 24, 2022 Source: Reuters
BRIEFING: Most coal power plants since 2016 entered construction in China in 2021, investment in coal-based steelmaking accelerated – Centre for Research on Energy and Clean Air
China is building coal-powered steel facilities at an alarming rate, a Centre for Research on Energy and Clean Air report (English, Chinese) finds, as the nation tries to recover from a severe power crunch that shook the economy last year. The plants, which typically last for 20 to 40 years, have raised concerns it will keep sectors hooked on coal.
New construction of coal-fired power plants last year will generate a total of 33 gigawatts of electricity, the most since 2016 and almost three times more than the rest of the world plans to add. China is rapidly updating old coal-based steel plants, with 74 million tons of new coal-based steelmaking approved last year — more than all similar developments in the rest of the world. Though renewable power generated between 2020 to 2025 will add more than the total power generation of Japan, or around 20% of China’s total consumption in 2020, it is still not enough to meet China’s projected power needs.February 23, 2022 Source: Centre for Research on Energy and Clean Air
Prominent rights attorney Xie Yang arrested for subversion in China's Hunan
Authorities in Hunan have arrested rights lawyer Xiè Yáng 谢阳 for subversion, after he supported a primary teacher forced into psychiatric “treatment” for her outspoken comments on social media.
February 23, 2022 Source: Radio Free Asia
China's investigation confirms chained woman was trafficked
The chained mother was sold as a bride multiple times in the late 1990s, authorities have concluded, after public pressure pushed officials to further investigate the footage of the woman shackled to a hut last month.
Jiangsu authorities have detained six people and fired eight lower-level Communist Party officials, including the chief for Feng County. The investigation confirmed previous findings that the woman was from a village in Yunnan Province and that her name was Xiaohuamei, or “Little Plum Blossom.” Dong, the woman’s husband, has been arrested for maltreatment. Officials have also arrested Sang and her husband for trafficking, both of whom had been sentenced to jail in 2000 for similar charges.February 23, 2022 Source: AP NEWS
Virtual Lenders Shake Up Hong Kong’s Banking Industry
Virtual banks are gaining ground in Hong Kong, luring consumers with features like numberless credit cards that promise more security and mobile games that churn out cash prizes. Traditional bricks-and-mortar lenders are now following suit with their own digital offerings.
February 23, 2022 Source: WSJ
Deadly link between sharp emissions fall and China’s record 2020 rains
A sudden drop in air pollutants was linked to China’s record-breaking rainfall in 2020, according to a study by Nature Communications. The drop, caused by industry shutdown from the COVID-19 pandemic, was a major contributor to one-third of the extreme rains that led to mass flooding, killing more than 150 and affecting 55 million people.
February 23, 2022 Source: South China Morning Post