Op-ed: China is stepping up its diplomatic bravado, testing how hard Biden will push back

Top U.S. government officials are studying China’s increased diplomatic bravado and growing military assertiveness with all the intensity of elite athletes pouring over game films of their most resourceful rival. From the CIA to the White House, and from the Pentagon to Foggy Bottom, what these officials are reporting is a far greater willingness by… Continue reading Op-ed: China is stepping up its diplomatic bravado, testing how hard Biden will push back

China’s fastest growing city wants to be the next Silicon Valley — local systems may get in the way

ation with business-friendly policies in the southern Chinese city of Shenzhen helped turn it into the equivalent of Silicon Valley with homegrown tech giants such as Tencent and Huawei. But so far, other cities have yet to repeat Shenzhen’s success. Meanwhile, national urgency for self-sufficiency in tech is central to a five-year development plan announced… Continue reading China’s fastest growing city wants to be the next Silicon Valley — local systems may get in the way

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China’s top chipmaker to build a $2.35 billion plant with government funding

China — Semiconductor Manufacturing International Corporation (SMIC), China’s largest and most important chipmaker, is building a new factory in Shenzhen that will cost $2.35 billion. The company and the government of the southern Chinese city of Shenzhen will jointly put capital into the project. Shenzhen is known as a huge technology hub in China and… Continue reading China’s top chipmaker to build a $2.35 billion plant with government funding

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China’s growth is likely to moderate in the next few months, Goldman Sachs says

SINGAPORE — China’s growth is likely to moderate in the coming months as the country faces risks on two fronts, according to the chief Asia economist of Goldman Sachs. “The first is simply policymakers are quite comfortable with the recovery so far and are starting to pull back on policy stimulus to some degree,” Andrew… Continue reading China’s growth is likely to moderate in the next few months, Goldman Sachs says

China’s Sinovac Vaccine Is Rolling Out Around The World. Will It Work?

An official has a blood pressure test before receiving the Sinovac vaccine against the Covid-19 coronavirus at Meuraxa Hospital in Banda Aceh on January 15, 2021. (Photo by CHAIDEER MAHYUDDIN / AFP) (Photo by CHAIDEER MAHYUDDIN/AFP via Getty Images)

Many countries are betting on a vaccine from China to help them stop the coronavirus — although questions are surfacing about whether it’s a smart bet. The vaccine is made by the Chinese pharmaceutical company Sinovac. This week, Brazil began rolling out its national immunization program after granting emergency use authorization for the vaccine over… Continue reading China’s Sinovac Vaccine Is Rolling Out Around The World. Will It Work?

Lockdowns caused by China’s new Covid-19 outbreak are sparking concerns over steel, iron ore

A new wave of Covid-19 cases in China’s Hebei province triggered transport restrictions in the major steel-producing region. The lockdowns in Hebei include areas surrounding steel mills, limiting the ability to transport the metal to customers. China is the world’s top steel producer and analysts say Hebei contributes over 20% of the country’s total output.… Continue reading Lockdowns caused by China’s new Covid-19 outbreak are sparking concerns over steel, iron ore

Brazil researchers now say China’s Sinovac vaccine is 50% effective — lower than announced earlier

The Covid-19 vaccine developed by China’s Sinovac Biotech is just 50.4% effective in a Brazilian trial — barely meeting the threshold for regulatory approval and well below the initially reported efficacy rate, according to several media reports. Brazil is the first to complete late-stage trial of the vaccine CoronaVac. The state-run Butantan Institute has been… Continue reading Brazil researchers now say China’s Sinovac vaccine is 50% effective — lower than announced earlier

China’s biggest automaker SAIC to have nearly 100 new EV models by 2025

A woman wearing a face mask following the coronavirus disease (COVID-19) outbreak walks by a SAIC Motor logo at a sales event in Shanghai, China May 5, 2020. SAIC Motor, the biggest automaker in China, plans to have nearly 100 new energy models with its partners by 2025, its president Wang Xiaoqiu said on Monday.… Continue reading China’s biggest automaker SAIC to have nearly 100 new EV models by 2025