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E-ZPass: New Jersey Turnpike Authority Faces Backlash After Dropping Local Firm for Foreign Entity with Alleged Ties to China’s Communist Party
Trenton, NJ – March 14, 2025 – A storm of controversy has erupted in New Jersey over the New Jersey Turnpike Authority’s decision to award a lucrative $1.73 billion contract to operate…
China’s Xi urges greater innovation amid tech curbs from US
BEIJING (Reuters) – China’s President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies curbs on…
Yellen holds talks with China’s central bank governor, former economy tsar
By Joe Cash BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen met with China’s central bank governor Yi Gang and former economy tsar Liu He for informal talks on the global, U.S.,…
‘We’re Not Even Raising The Bar’: House Intel Chair Says US Isn’t Keeping Pace With China’s Buildup Of Nuclear Weapons
‘We’re Not Even Raising The Bar’: House Intel Chair Says US Isn’t Keeping Pace With China’s Buildup Of Nuclear Weapons Harold Hutchison on July 5, 2023 Republican Rep. Mike Turner of Ohio…
China’s Latest Move Could Send Electronic Prices Skyrocketing For Americans
China’s Latest Move Could Send Electronic Prices Skyrocketing For Americans Nick Pope on July 5, 2023 China’s announcement that it will implement export controls on two specific minerals could have drastic and…
China’s Xpeng sees sales turnaround in second half with new EV model
SHANGHAI (Reuters) -Chinese electric-vehicle maker Xpeng forecast sharp growth in deliveries in the second half of the year thanks to its new model that is taking on Tesla with competitive prices and…
China’s FX market stable, cross-border flows basically balanced – state media
SHANGHAI/SINGAPORE (Reuters) – Foreign investors were net purchasers of onshore yuan bonds in June, while expectations in China’s foreign exchange market remain stable and cross-border capital flows are basically balanced, a state…
China’s services activity softens as recovery falters – Caixin PMI
BEIJING (Reuters) – China’s services activity expanded at the slowest pace in five months in June, a private-sector survey showed on Wednesday, as weakening demand weighed on post-pandemic recovery momentum. The Caixin/S&P…
China’s choice of PBOC party chief signals financial stability worries
By Kevin Yao BEIJING (Reuters) – China’s appointment of financial technocrat Pan Gongsheng to a top political post at the central bank points to growing concerns within the country’s leadership over systemic…
New Rule Bars Pentagon From Helping Out Filmmakers Unless They Pledge To Resist China’s Censorship
New Rule Bars Pentagon From Helping Out Filmmakers Unless They Pledge To Resist China’s Censorship Micaela Burrow on June 30, 2023 Filmmakers will now have to assure the Pentagon they will not…
China’s PBOC asks foreign banks about dollar deposit rates amid weak yuan – sources
SHANGHAI/BEIJING (Reuters) – China’s central bank has surveyed some foreign banks in the past week about the interest rates they offer to their clients for dollar deposits, people familiar with the matter…
China’s debt relief to poor countries slows amid continuing appeals for support
By Joe Cash BEIJING (Reuters) – The value of Chinese debt relief decreased by over 50% between 2021 and 2022, a report from Rhodium Group showed, with Angola alone receiving two thirds…
Chip industry globalisation under threat, says chief of China’s YMTC
By Brenda Goh SHANGHAI (Reuters) -Geopolitics and the national security concerns of some countries are threatening the globalisation of the world’s chip industry and its future growth, the chairman and acting CEO…
Factbox-Policy measures China’s central bank could use to stem yuan weakness
(Reuters) – China has ramped up its effort to slow the depreciation of the yuan against the dollar this week and market participants widely believe that the People’s Bank of China (PBOC)…
China’s factory activity seen contracting for third month in June: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s factory activity likely contracted for a third straight month in June, albeit at a marginally slower pace, a Reuters poll showed on Thursday, underscoring the…
US’s Sherman, China’s ambassador hold call after Blinken’s Beijing trip
WASHINGTON (Reuters) – U.S. Deputy Secretary of State Wendy Sherman held a call with China’s ambassador to the United States on Tuesday to follow up on issues discussed during U.S. top diplomat…
Volkswagen China chief asks China’s premier Li for clarity on data transfers
BERLIN (Reuters) – Volkswagen’s head of its business in China said on Tuesday that the carmaker needed clarity on cross-border data transfers in a meeting with the country’s Premier Li Qiang, asking…
China’s JD.com to open grocery stores by merging 7Fresh, other units
BEIJING (Reuters) – Chinese e-commerce giant JD.com plans to open retail grocery stores through the merger of its 7Fresh supermarket unit with other business lines such as its group-buying arm Pinpin, a…
Explainer-What is China’s position on restructuring debt owed by poor nations?
By Joe Cash (Reuters) – China’s Premier Li Qiang and dozens of world leaders will meet in Paris on Thursday and Friday to discuss ways to help low-income countries manage their debt…
HSBC cuts China’s GDP forecast to 5.3% on weak property, business outlook
(Reuters) – HSBC on Tuesday lowered China’s economic growth forecast for this year, citing drag from the property sector, and tempered business and household confidence. The global bank now forecasts China’s gross…
China’s cabinet pledges to roll out more measures to spur growth
By Joe Cash BEIJING (Reuters) -China’s cabinet met on Friday to discuss measures to spur growth in the economy, state media reported, pledging to roll out policy steps in a timely way…
China’s Jan-May fiscal revenue growth quickens
BEIJING (Reuters) – China’s fiscal revenues grew 14.9% in the first five months from a year earlier, quickening from a 11.9% rise in the first four months, data from the finance ministry…
China’s Xpeng expands self-driving capability to Beijing, eyes wider expansion
HONG KONG (Reuters) – Chinese electric vehicle maker Xpeng Inc on Thursday expanded its self-driving capability to Beijing as part of the automaker’s expanded launch of City NGP (Navigation Guided Pilot) across…
J.P.Morgan cuts China’s full year growth forecast after poor May data
(Reuters) – J.P.Morgan trimmed China’s economic growth forecast for 2023 after the country’s May industrial output and retail sales growth missed forecasts. Economists led by Haibin Zhu said on Thursday they now…
China’s Jan-May property investment, sales fall at faster pace
BEIJING (Reuters) – Property investment in China fell at a faster pace in January-May, dropping 7.2% from the same period a year earlier, official data showed on Thursday, adding to concerns about…
China’s Guangzhou R&F co-chief agrees to be extradited to U.S
By Sam Tobin LONDON (Reuters) -The billionaire co-chairman and CEO of Chinese developer Guangzhou R&F Properties Co Ltd on Wednesday agreed to be extradited from London to the United States, where he…
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