German Chancellor Olaf Scholz said, his government would make Germany, Europe’s biggest economy, fit for the future and vowed it would leave no one behind in this major transformation of the economy. Vowing increased investments in climate protection and digitalization… Read More ›
As per a report from the Financial Times, the U.S. Treasury is slated to place 8 Chinese companies including DJI, on the Entity List, for alleged involvement in surveillance of the Uyghur Muslim minority. With the move the Biden Administration… Read More ›
Already under pressure, China’s property market is faced increased headwinds in November following cash crunch among developers and faltering demand. Prices for new homes fell by 0.3% month-on-month in November marking the biggest decline since February 2015. In October, home… Read More ›
In a statement the CEO of Uber Technologies Inc said, the company is looking to sell stakes its non-strategic stake in companies including in Beijing-based Didi Global Inc saying the lack of transparency makes the Chinese market tough. In 2016, the US… Read More ›
Weeks after Russia shot down an ageing communication satellite, the United States has begun testing the resilience of its satellite communication networks in order to deter threats from China and Russia. The computer-aided simulations included potential shooting down of U.S…. Read More ›
In a significant development that marks the return of General Motors Co to the rare earth industry, the US automaker now plans on sourcing rare earth magnets for its future line of electric vehicles from new U.S.-based manufacturing facilities under two… Read More ›
According to two sources with direct knowledge of the matter at hand, Chinese artificial intelligence startup SenseTime Group is in talks with officials of the Hong Kong Stock Exchange regarding the fate of its $767 million planned IPO in Hong… Read More ›
Canada has joined the United States, Britain and Australia, in a diplomatic boycott of the Winter Olympics in Beijing. Washington was the first to announce the boycott of the Winter Olympics in Beijing citing China’s gross human rights “atrocities” in… Read More ›
On Wednesday, in a statement Australian Prime Minister Scott Morrison said, Australia will join the United States in a diplomatic boycott of the Winter Olympic Games in Beijing. Australia’s move comes as other allies weigh similar moves to draw attention… Read More ›
In a statement the U.S. State Department said, the private sector should have full clarity on what is transpiring in Xinjiang, China. The statement comes at a time when the Biden Administration has decided it will not send government officials… Read More ›
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