Archive for April 23rd, 2021

China’s Belt and Road deals ‘used for propaganda’: Australia minister

23-Apr-2021 Intellasia | AFP | 5:02 AM

China’s Belt and Road Initiative deals are “used for propaganda”, a top Australian official said Thursday as he defended Canberra’s decision to scrap [...] » More

Chinese firm claims new stealth drone may rival US Air Force’s B-21 Raider

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

A Chinese drone maker says it has manufactured a prototype unmanned stealth aircraft that it claims could rival the B-21 Raider being developed for the US Air Force. [...] » More

Binance’s marketing of security token based on Tesla stocks raises questions about HK licence

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Binance, the largest cryptocurrency exchange by trading volume globally, is marketing its first security token backed by Tesla stocks trading on the Nasdaq exchange to [...] » More

Coronavirus: Chinese expert rails against WHO chief and Wuhan lab leak theory

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

A Chinese scientist on the joint international team investigating the origins of Covid-19 has accused WHO director general Tedros Adhanom Ghebreyesus of being [...] » More

China rebukes Australia for ‘Cold War mentality’ after Belt and Road accords cancelled

23-Apr-2021 Intellasia | Reuters | 5:02 AM

Australia said on Thursday that it cancelled two accords between Victoria state and China on the Belt and Road Initiative because they were out of line with the federal [...] » More

Huawei starts selling smart cars in flagship stores across China to offset smartphone losses

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Huawei Technologies Co has started to sell smart vehicles in its flagship stores across China, as the telecoms equipment giant continues to look for new revenue drivers after [...] » More

Panel recommends that US officials not go to China’s Olympics

23-Apr-2021 Intellasia | Reuters | 5:02 AM

A US government commission on Wednesday urged the Biden administration to not send officials to the 2022 Winter Olympics in Beijing, citing religious persecution including [...] » More

China behind another hack as US cybersecurity issues mount

23-Apr-2021 Intellasia | NBCNews | 5:02 AM

China is behind a newly discovered series of hacks against key targets in the US government, private companies and the country’s critical infrastructure, cybersecurity [...] » More

China urged to address global digital tax rules to avoid ‘new tariff war’ as G20 push for July consensus

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

China needs to avoid the potential of a “new tariff war” and play a more active role in how taxes are applied to the digital economy, warned the former head of [...] » More

China seen bailing out biggest bad-debt manager while teaching investors a ‘hard’ lesson as contagion effects linger

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Chinese economic policymakers are caught between a rock and a hard place as they try to piece together a rescue plan for embattled bad-asset manager China Huarong Asset [...] » More

US senators propose more programmes to help competition with China

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

More aid to Africa and Latin America, greater funding for technology industries and a more robust US development bank were among the initiatives added on Wednesday to a [...] » More

US-China tech war: semiconductor supply chain risks a worry for both sides

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Beijing and Washington are waging a tech war on multiple fronts, but they have found common ground on one thing: their respective lack of domestic production capability in [...] » More

What can China bring to the climate change summit table?

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

It’s now official that President Xi Jinping will address global leaders on Thursday for the Earth Day leaders summit. So what will Beijing bring to the table? Foreign [...] » More

BlackRock trims Alibaba, Tencent, Meituan on ‘ongoing’ China tech crackdown and valuation risks, adds financials, energy in reflation bets

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

BlackRock, the world’s biggest money manager, has trimmed its holdings of Chinese technology stocks over the past three quarters because of “ongoing” [...] » More

Tesla comes under growing China pressure after customer complaint

23-Apr-2021 Intellasia | Reuters | 5:02 AM

Tesla Inc (TSLA.O) came under increased pressure in China on Wednesday from regulators and state media after Monday’s protest by a disgruntled customer at the Shanghai [...] » More