On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. With China reopening its borders this spring following three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking the Bay Area. While these trips were routine before the pandemic, they have now taken on a fresh purpose. USD-denominated funds in China have…"Fate of US venture capital in China teeters on uncertainty"
Japanese Prime Minister Fumio Kishida and Chinese President Xi Jinping agreed to seek a resolution through dialogue to a dispute over wastewater from the Fukushima nuclear plant, Kishida said after their first summit in a year. “I urged that this be dealt with calmly on a scientific basis,” Kishida told reporters in San Francisco. “We will hold discussions based on science at an expert level,” he added. He described the summit as “very meaningful.” Read…"China and Japan Agree to Try to Resolve Fukushima Water Dispute Through Dialogue"
Honor released its Magic V2 foldable on July 12, 2023, starting with the China market. Honor BEIJING — On Chinese e-commerce site JD.com’s “hot sales” smartphone rankings this week, the Honor Magic V2 foldable vies with Apple iPhone models for the top three spots. Honor, spun off from Huawei, launched its Magic V2 on July 12 with a starting price of 8,999 yuan ($1,245). related investing news Sales officially began Thursday. But a week of…"Honor’s Magic V2 foldable smartphone as popular as an iPhone in China"
Abduweli Ayup has not been back to Kashgar since 2015, and his chances of doing so anytime soon seem slim. The Chinese government has canceled his passport, he said. Sometimes he watches videos on YouTube of his hometown. They do not make him feel better. It feels compulsive, he said, “like eating bad food.” “You know, you want to keep eating it, but afterward your stomach feels upset,” he added. As he watched one video…"China Destroyed Muslim Culture In This Ancient City — Then Turned It Into Disneyland"
Issued on: 05/03/2023 – 08:53Modified: 05/03/2023 – 09:46 China said Sunday its military spending would rise at the fastest pace in four years, warning of “escalating” threats from abroad at a meeting of its rubber-stamp parliament that is set to hand Xi Jinping a third term as president. The increase in the world’s second-largest defence budget came as Beijing announced an economic growth goal of around five percent for this year — one of its…"China ramps up military budget to counter ‘escalating’ threats"
There is an increasing need for cooperation between Beijing and Berlin amid “times of change and turmoil”, Chinese President Xi Jinping said in a meeting with Chancellor Olaf Scholz. Scholz is the first G7 leader to visit China since the pandemic began. Scholz’s one-day visit will test the waters between China and the West after years of mounting tensions, analysts say, with talks expected to touch on Russia’s war on Ukraine, climate change and economic…"China and Germany should scale up partnership amid ‘times of turmoil’, Xi tells Scholz"
UK businesses have grown increasingly uneasy as tensions over Taiwan skyrocket, and Beijing’s relationship with Washington takes a nosedive. Tony Danker, the head of the Confederation of British Industry, has warned in the wake of escalating tensions that the UK should look to pull away from a reliance on China for imports. Mr Danker told the Financial Times: “Every company that I speak to at the moment is engaged in rethinking their supply chains […]…"China news: Chilling UK future of ’empty shelves’ laid bare as Beijing powerplay exposed | World | News"
BEIJING (AP) — China will take “resolute and strong measures” should the Speaker of the U.S. House of Representatives Nancy Pelosi proceed with reported plans to visit Taiwan, the Chinese Foreign Ministry said Tuesday. Pelosi, who is second in line to the presidency, is due to visit the self-governing island China claims as its own territory in August, according to a report in the Financial Times. She was originally scheduled to visit in April but…"China threatens ‘strong measures’ if Pelosi visits Taiwan"