Archive for May 9th, 2018

China closing in on massive new chip fund in bid to dominate US semiconductor industry

09-May-2018 Intellasia | Tech Crunch | 6:01 AM

China’s government has made technological independence from the United States one of its highest priorities. And now it appears to be putting its money where its [...]
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China-Indonesia cooperation a strong message of free trade: premier

China-Indonesia cooperation a strong message of free trade: premier

09-May-2018 Intellasia | Xinhua | 6:01 AM

The cooperation between China and Indonesia will send a strong message to the world that both countries will work to promote free trade and global economic recovery, Chinese [...]
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US stands tall as Asia’s most powerful country despite rising China

09-May-2018 Intellasia | CNN | 6:01 AM

The United States is still the most powerful nation in the Asia region in spite of a rising challenge from China, a new ranking by an Australian think tank has found. The [...]
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China says last month’s trade surplus with the US was nearly $7 billion more than March’s surplus

09-May-2018 Intellasia | Reuters | 6:01 AM

Last month saw major growth in China trade. China’s April imports jumped 21.5 percent and its exports grew 12.9 percent against the prior year-ago period. Both of those [...]
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US and China will go for Round 2 of trade talks next week

US and China will go for Round 2 of trade talks next week

09-May-2018 Intellasia | CNN | 6:01 AM

The United States and China will hold a new round of trade talks after no breakthroughs emerged from their first meeting. Chinese President Xi Jinping’s top economic [...]
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In Qingdao, chances of winning the housing ‘lottery’ are as good as one in six, thanks to price controls

09-May-2018 Intellasia | South China Morning Post | 6:01 AM

Government price controls on real estate projects have fuelled a treasure hunt among prospective buyers in the coastal city of Qingdao, where one residential project due for [...]
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German official voices concern over limits on foreign press in China

09-May-2018 Intellasia | Reuters | 6:01 AM

A senior German official on Monday expressed concern about limits facing foreign correspondents in China, and urged Beijing to allow state-funded German public broadcaster [...]
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China Jan-April chip imports surge amid Sino-U.S trade tensions

09-May-2018 Intellasia | Reuters | 6:01 AM

China has ramped up its purchases of chips since the start of the year, customs data showed on Tuesday, as the United States threatens to impose tariffs on up to $150 billion [...]
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China’s exports rebound, trade surplus with US swells

09-May-2018 Intellasia | AP | 6:01 AM

China’s exports rebounded in April and its politically sensitive monthly trade surplus with the United States grew for the first time in five months at a time of [...]
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Former Chinese rising star Sun Zhengcai sentenced to life in prison for graft

Former Chinese rising star Sun Zhengcai sentenced to life in prison for graft

09-May-2018 Intellasia | South China Morning Post | 6:01 AM

Sun Zhengcai, a former political high-flyer once tipped to be among China’s next generation of leaders, was sentenced to life in prison for bribery in a northern city [...]
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China vice premier to visit US for trade talks: White House

China vice premier to visit US for trade talks: White House

09-May-2018 Intellasia | AFP | 6:01 AM

China’s top economic official will visit Washington next week to continue trade discussions, the White House said Monday, as threatened tariffs on billions of dollars [...]
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US-Philippine war games open under pro-China Duterte

US-Philippine war games open under pro-China Duterte

09-May-2018 Intellasia | AFP | 6:01 AM

The US and Philippine militaries launched major exercises Monday aimed at fighting global terrorism, while staying mostly quiet on Beijing’s reported installation of [...]
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China’s trade surplus with US grows

09-May-2018 Intellasia | AFP | 6:01 AM

China’s surplus with the United States widened in April, underlining an imbalance between the economic titans as they struggle to reach an agreement on averting a [...]
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Japan, China may discuss easing food import ban

09-May-2018 Intellasia | NHK | 6:01 AM

Japan and China may begin talks on easing Beijing’s import restrictions on food. Beijing suspended imports of farm products and other food items from 10 prefectures [...]
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Japan and N Korea should talk, Korea’s Moon says

09-May-2018 Intellasia | Reuters | 6:01 AM

Japan and North Korea should begin talks to normalise relations between the two countries and contribute to peace and stability in the region, South Korean President Moon [...]
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