Archive for November 23rd, 2019

US imports from China shrank more than 13pct but imports from Vietnam are popping

23-Nov-2019 Intellasia | CNBC | 6:02 AM

Nobody expects Vietnam to replace China as the world’s major exporter, but the Southeast Asian country certainly appears to be taking some of China’s business [...] » More

US charges Chinese national with stealing trade secretsJustice Dept

23-Nov-2019 Intellasia | Reuters | 6:02 AM

A Chinese national who worked for Monsanto before it was purchased by Bayer AG was charged in St. Louis, Missouri, on Thursday with stealing trade secrets for China, the US [...] » More

Former army general warns of ‘military accident’ as US-China relations deteriorate

23-Nov-2019 Intellasia | CNBC | 6:02 AM

As relations between the US and China continue to deteriorate, one immediate risk is a “military accident or operational miscalculation” between the armed forces [...] » More

China releases ‘confession’ tape of British consular worker who claimed torture

23-Nov-2019 Intellasia | CNN | 6:02 AM

Authorities in China have released what they say is a confession by detained former British consular employee Simon Cheng, who earlier this week claimed he was tortured by [...] » More

US warns Pakistan of risks from China infrastructure push

23-Nov-2019 Intellasia | AFP | 6:02 AM

The United States on Thursday warned Pakistan that it faced long-term economic damage with little return if China keeps pursuing its giant infrastructure push. The top US [...] » More

Chinese food has conquered the world. But are we ready for the donkey burger?

23-Nov-2019 Intellasia | CNN | 6:02 AM

From steamed dumplings to hot pot, traditional Chinese food has often proved hugely popular in the West. Now, Chinese restaurant owners are hoping they have found the next [...] » More

UK criticised for its treatment of worker ‘tortured’ in China

23-Nov-2019 Intellasia | TheGuardian | 6:02 AM

Questions have been raised about Britain’s treatment of a former UK consular worker from Hong Kong, who said he was asked to resign after being detained and allegedly [...] » More

China condemns US navy sail-by in disputed waters

China condemns US navy sail-by in disputed waters

23-Nov-2019 Intellasia | AFP | 6:02 AM

China on Friday accused the US of “provocative” conduct after two US warships sailed near islands claimed by Beijing this week, adding to tensions between the [...] » More

China’s $2 billion deal with Ghana sparks fears over debt, influence and the environment

23-Nov-2019 Intellasia | CNBC | 6:02 AM

The Chinese government has released phase one of funding for a substantial road construction project in Ghana as part of a $2 billion infrastructure deal which gives Beijing [...] » More

Yum China, KFC hit by rising poultry prices in China amid African swine fever epidemic

23-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

Yum China, the company behind China’s dominant fast food brand KFC, has been significantly hit by a steep rise in poultry prices, in a knock-on effect from African [...] » More

The good, the bad and the ugly of a Chinese state-backed digital currency

23-Nov-2019 Intellasia | CNBC | 6:02 AM

As investors and technologists worry that the US is falling behind in the race for dominance in blockchain, Beijing is trying to get ahead. “In a bear market for crypto [...] » More

The first Shanghai-made Teslas are now rolling out across China

23-Nov-2019 Intellasia | CNN | 6:02 AM

Tesla fans in China can now take a test drive in a Model 3 made in Shanghai. The first Chinese-made Tesla (TSLA) cars started arriving Friday in the company’s 49 [...] » More

China warns US not to provoke a ‘mishap’ in South China Sea after latest freedom of navigation operation

China warns US not to provoke a ‘mishap’ in South China Sea after latest freedom of navigation operation

23-Nov-2019 Intellasia | Reuters | 6:02 AM

China’s military warned the United States on Friday to stop what it called provocation over the South China Sea, after the US Navy deployed a littoral combat ship for a [...] » More

Army examines TikTok security concerns after Schumer’s data warning

23-Nov-2019 Intellasia | Reuters | 6:02 AM

The US Army is undertaking a security assessment of China-owned social media platform TikTok after a Democratic lawmaker raised national security concerns over the [...] » More

Calls to abolish death penalty in Japan as Francis visit looms

Calls to abolish death penalty in Japan as Francis visit looms

23-Nov-2019 Intellasia | AFP | 6:02 AM

On the eve of a visit by Pope Francis to Japan, activists called Friday on the government to declare a moratorium on executions as part of an Olympic truce to mark Tokyo [...] » More