Saturday, June 19, 2021

Economy

China Plans to Dominate European Electric Car Battery Market Starting With Germany

Chinese electric car battery maker CATL has signed a US$4.7 billion deal with German car manufacturer BMW to build an electric car battery manufacturing...

Business Executive Accuses Hong Kong Government of Destroying Free Market

The Hong Kong police recently arrested 15 people for manipulating the stock price of Next Digital, the publisher of tabloid-style newspaper Apple Daily. Last...

Buying COVID Tech From Chinese Firms Tarnished With Human Rights Abuses

The COVID-19 outbreak has forced many companies to secure COVID-19 screening systems for use on their premises to identify potentially infected employees and to...

US Government Warning Universities: Stay Away From Chinese Stocks

In a letter written to the governing bodies of American Universities, Keith Krach, the undersecretary for economic growth, energy, and the environment, has warned...

iPhones Made in India

An iPhone contract manufacturer for Apple is apparently trying to relocate almost 6 production lines from China to India. The decision is expected to...

China Influencing European Elites Through Friendship Association Groups

The Chinese Communist Party (CCP) is co-opting elites in Europe to increase its influence in the region, warns a recent report published by the...

Trump Predicts Hong Kong Doom Under Chinese Control

In an interview with Fox Business News, U.S. President Donald Trump predicted that Hong Kong will soon lose its status as an economic powerhouse...

Shadow Banking in China Surges During COVID-19 Outbreak

The COVID-19 outbreak has put many people under financial pressure. Since financial institutions have tightened lending, people are unable to get credit to make...

WeChat and TikTok Banned

Citing national security concerns, President Trump issued an executive order (EO) on August 6, 2020, to prohibit any U.S. company or person from transacting...

Hidden Unemployment Crisis Looms in China

China’s unemployment rate in June was revealed to be 5.7 percent, which is lower than the February peak of 6.2 percent. The country’s unemployment...

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