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‘Ace News Room China & Asia News Desk’

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July11, 2021: @acenewsservices

China & Asia News Desk

China’s Easing Forces Traders to Rethink How They Label Markets – “China’s economy is transitioning.” As the pandemic subsides, money managers are actively trying to assess where China stands as an investment. Strategists …

US Works to Outpace China in Latin America Vaccine Diplomacy – coronavirus vaccines to Latin America in a move aimed at addressing the region’s public health crisis, but the endeavor could also curb China’s efforts to wield …

How Investors Can Navigate China’s Regulatory Minefield – Investing in China is even trickier than usual these days, leading some to wonder if … Fund managers have described China’s regulatory drive as a move to gain …

US adds 14 Chinese firms to black list over Xinjiang – The Biden administration yesterday added 14 Chinese companies and other entities to its economic blacklist over alleged human rights abuses and high-tech …

U.S. adds to trade blacklist over China’s abuse of Muslim minorities – Critics accuse China of operating forced labor camps and carrying out torture and forced sterilization there as it allegedly seeks to assimilate Muslim ethnic …

Ag exporters eye China’s new population plan – China’s Communist Party declared in May that the government will be allowing all couples to have a third child. It is unclear when the new policy will take effect.

China is far from alone in taking advantage of Australian … – Having long encouraged universities to find funding elsewhere, politicians now home in on their ties to China to argue that they’ve lost their way. University of …

As China’s population grays, the burden of care weighs on … – Ding Dihe, 77, (C) assembles Chinese national flags while chatting with other residents at Heyuejia, a care home for the elderly, in Beijing, China May 26, 2021.

China to remove 25 Didi apps from store as crackdown … – BEIJING (Reuters) – China’s cyberspace administration on Friday said it would remove 25 mobile apps operated by Didi Global Inc from app stores as the …

Nuclear Advocates Urge Biden, Congress To Reverse Trump … – Some say restricting American nuclear energy companies from the Chinese … Though China’s unique policy allows it to share nuclear technology between its …

Ford’s China Sales Jump – Cramer Says Ford Is His Fave Auto … – Ford (F) – Get Report said Friday that it sold more than 306,700 vehicles in Greater China in the first half of 2021, up 24% year-over-year, as the vehicle maker …

Finally Some Good News! China Says Giant Pandas Are No … – Chinese conservation officials have announced that they no longer consider giant pandas in China an endangered species. Their status has been updated to ” …

China Tested An AI-Controlled Submarine-Hunting … – Reports suggest that China may have been testing a torpedo-armed underwater drone able to detect, track, and attack enemy submarines back in 2010. By …

ChinaTalk: China’s Solar Industry and Forced Labor – How did Chinese firms come to dominate the global solar industry? Now that the Biden administration has banned imports for some key components of solar …

US adds to blacklist in China’s abuses of Muslim minorities – The moves are the latest by the United States stepping up financial and trade penalties over China’s treatment of its Uyghur people. The Chinese government …

China appears to be ramping up construction of missile silos … – “If the US is deterred from using nuclear weapons against China in a crisis, it makes it much easier for the Chinese then to use military force at a level lower than …

A Look At China’s ‘Red Tourism’ Industry As The Communist … – China is promoting “red tourism” — visiting Communist Party historical sites that venerate Chairman Mao Zedong, and increasingly, the country’s current leader …

China orders takedown of 25 apps from ride service Didi – BEIJING (AP) — China’s cyber-regulator ordered 25 apps owned by Didi Global Inc., the country’s largest ride-hailing service, be removed from app stores late …

China’s Big-Bike Revolution – China is entering the big-bore multicylinder fray with designs like this 1,000cc cruiser from Gaokin.Gaokin Moto. Just as the majority of Western and Japanese …

Big News for China’s Giant Pandas – Giant pandas outside of captivity in China just saw a status upgrade. Thanks to conservation efforts, they’re no longer considered an endangered …

China Orders Stores to Remove More Apps Operated by Didi – Cyber watchdog says the apps illegally collect personal data. A driver in Beijing uses Chinese ride-hailing service …

Report: Boeing Co. making progress on 737 MAX return in … – The Boeing Co. is making headway on returning its 737 MAX to the important Chinese market. According to a report from Bloomberg, China has indicated it is …

GM says China sales rise by 5.2% in second quarter – GM, which is working on its new “Ultium” battery technology, earlier this year unveiled an Ultium-based model for China, the Cadillac LYRIQ all-electric SUV. This …

Giant pandas no longer endangered, China says, but still … – Since conservation efforts began with China’s first panda reserves in the early 1960s, the population of giant pandas has grown by the hundreds. In 2021, Cui …

Chinese ADR’s (DIDI, NIO, BABA) Struggle After Crackdown … – Didi Global Inc.’s surprise rebuke from Beijing proved at last that there are limits to investors’ seemingly insatiable appetite for Chinese stocks. The Nasdaq …

China horror as military harvests DNA from millions of women … – THE CHINESE military has been caught harvesting DNA from millions of pregnant women around the world, amid US concerns that the genetic data could be used …

Beijing’s Didi Crackdown Sparks Tumultuous Week for … – China’s plans to tighten oversight of data security and overseas listings has battered U.S.-traded Chinese shares, already reeling from a security review by their …

Giant pandas no longer considered endangered: Chinese … – Giant pandas are no longer considered an endangered species in China, officials announced this week. China’s Ministry of Ecology and Environment confirmed …

Chip crunch catches up with China auto sales for double-digit … – A global chip shortage bears much of the blame for June’s first double-digit drop in monthly Chinese new-auto sales since March 2020, when the coronavirus …

Tesla opens orders across Europe for made-in-China Model Y … – On their China site, the Model Y Long Range is listed as having a 542km range on the WLTP test protocol. Europe uses the WLTP test protocol, so the range …

Boeing MAX edges toward new test flights in China – Chinese aviation officials have signaled they are open to conducting flight tests on Boeing’s 737 MAX, a step toward lifting the plane’s grounding in that nation …

China’s New Data Security Law | Seyfarth Shaw LLP – JDSupra – On June 10, 2021, China officially passed China’s first Data Security Law, which will take effect on September 1, 2021. Following the introduction of the Data …

View: China’s reform gradualism is not the virtue it’s touted to be – The Chinese see this reform gradualism as a virtue, a sharp contrast to the sheer brutality of the ‘shock therapy’ other communist economies like Russia tried …

Video: Unrest escalates in Haiti, Taliban gain in Afghanistan … – And finally, some welcome news out of China. The country’s environment ministry says giant pandas are no longer endangered in the wild. The news follows …

Arthur Cyr: China’s Communist Party celebrates 100 years – A century is a major benchmark, clearly even for communists. China’s rulers in Beijing marked the centennial with grand celebrations and displays. Ceremonies …

China urges American firms to invest near Russia, North … – During a round-table discussion attended by representatives of 55 American firms, China’s economic planner gives its pitch to pull in foreign investment; But …

Ford China sales up 24% year-over-year for the first half of 2021 – Ford Motor Co.’s sales in greater China — the world’s largest auto market and a leader in adoption of electric vehicles — were up 24% year-over-year in the first …

Analysis: China’s RRReminder that economies remain fragile – China’s decision on Friday to give its economy a 1 trillion yuan (US$154 billion) shot in the arm has given investors a reminder that even the largest economies …

Gold/silver: China’s central bank “green-light” – Adding a tailwind to risk-assets early Friday morning was China’s Central Bank. After signaling for the last two months, they want commodity prices to cool; the …

Syria: cross-border aid resolution weakened by ‘shameful … – Russia and China opposed opening other crossing points, and limited vital Bab al-Hawa crossing to six months. ‘Russia and China have displayed an utterly …

US sanctions a Chinese facial recognition company with … – The US Department of Commerce has sanctioned 14 Chinese tech companies over links to human rights abuses against Uyghur Muslims in Xinjiang, including …

Britain carves out exemption for gold clearing banks from … – China. Britain carves out exemption for gold clearing banks from Basel III rule … BusinessAnalysis: China’s RRReminder that economies remain fragile July 9, …

US adds 14 Chinese companies to entity list in effort to ‘play … – The US added 14 Chinese firms to its Entity List on Friday, over the so-called “human rights abuses” in Northwest China’s Xinjiang Uygur Autonomous Region.

Giant pandas are no longer endangered, China says – In recent years, China has replanted bamboo forests to help provide the animals with a food source, according to officials. giant panda Giant pandas are no longer …

Infrastructure Demand in China a Key Mover for ‘CHIM’ – “China’s immense infrastructure needs have been a boon for the Materials … The underlying index tracks the performance of companies in the MSCI China …

US blacklists CCP companies for Uyghur abuses and Chinese … – Another five Chinese companies were added for “directly supporting” China’s “military modernization programs” related to lasers and to command, control, …

Opinion | The likelihood of China invading Taiwan increases … – The Chinese military has already begun gray zone operations. An all-out attack on Taiwan looms if Beijing continues to escalate.

Fundamentals of Didi are not affected by China Crackdown … – Brendan Ahern, KraneShares ETFs Chief Investment Officer joins the Yahoo Finance Live panel to discuss China cracking down on privacy data and the impact …

Watch A Car In China Get Struck By Lightning Because Of … – I can’t speak to exactly what this driver in Zhejiang, China did to piss off Zeus, god of thunder and lightning, but there certainly does appear to be beef there.

Friday’s Business News Briefing – In another blow to Didi, China halts downloads of 25 more of its apps. Spaceflights for Richard Branson and Jeff Bezos spur a race for insurers, too. The Education …

Countries Using China, Astra Shots Increasingly Eye Boosters – In places like Mongolia and the U.A.E., high levels of coverage with Chinese shots using the older, less effective inactivated vaccine platform hasn’t stopped a …

Currency and control: why China wants to undermine bitcoin – Few would dispute that China’s recent crackdown on cryptocurrency trading and mining has contributed to the recent plunge in the value of bitcoin and other …

China reports 23 coronavirus cases on July 8 vs 17 the day prior – China’s death toll from the coronavirus remained unchanged at 4,636. (Reporting by Josh Horwitz and Winni Zhou; Editing by Tom Hogue).

Asia markets: Investors look ahead to China inflation data – China’s consumer price index and producer price index for June is set to be out at 9:30 a.m. HK/SIN on Friday. SINGAPORE — Shares in Asia-Pacific fell in Friday …

China didn’t honour border pacts: Jaishankar | India News – NEW DELHI: The fact that China has not observed bilateral agreements on the border issue has disturbed the foundations of India’s ties with China, external …

Chinese city on Myanmar border reports 8 new local cases – SHANGHAI, July 9 (Reuters) – Chinese authorities in the southwestern province of Yunnan reported eight new confirmed locally transmitted cases for July 8.

Didi Fallout: China, US Agree That Chinese-Listed … – For Once, China and China Hawks See Eye-to-Eye. Beijing and Washington seem to share the same view about U.S.-listed companies: They’re a headache. By.

The ‘lying flat’ movement standing in the way of China’s ... – In its latest blueprint for national economic development, China has pledged to end its reliance on imported technology and to focus on domestic consumption as …

RPT-UPDATE 1-China targets offshore IPO structure, to … – July 8 (Reuters) – China’s securities regulator is setting up a team to review plans by Chinese companies for initial public offerings (IPOs) abroad, sources with …

China targets Australian industries with economic sanctions … – A Chinese official openly declared on Wednesday that Beijing has singled out Australia for economic punishment, saying the federal government cannot profit from …

Major US stock indices to remove more Chinese companies – that prohibits investment in businesses believed to have ties to the Chinese military. The company, which maintains the Dow Jones Industrial Average and …

Opinion | Wall Street is finally waking up to the reality of China – This week, Xi Jinping dealt a humiliating blow to Wall Street, crushing a major Chinese tech firm shortly after U.S. investors had handed it billions.

Glo extends pre-paid roaming, 4G LTE services to China, UAE – China and United Arab Emirates, therefore, join other countries where Glo customers can enjoy its prepaid and postpaid services. The rest include the United …

Chinese Freestyler Yixuan Chang to Swim at Duke in 2021-22 – Yixuan Chang, a Chinese National, who has spent significant time living and … Chang represented China at the 7th FINA World Junior Championships in 2019, …

China claims to have taken the lead in the quantum race with … – Forward-looking: Chinese researchers of the University of Science and Technology of China have created the world’s fastest quantum processor, the …

Countries Using Chinese, Astra Shots Increasingly Eye Boosters – In places like Mongolia and the U.A.E., high levels of coverage with Chinese shots using the older, less effective inactivated vaccine platform hasn’t stopped a …

$DIDI Crackdown: Big Data Is the Latest US-China Battleground – Perhaps more than any other country, China has sought to harness the potential of data to transform its economy. Photographer: Qilai Shen/Bloomberg. China’s …

Tech Crackdown Drives China Investors Toward Consumer … – China’s intensifying crackdown on technology companies is proving to be a cautionary tale for investors in the nation’s startups, with one notable exception: …

China’s cyber watchdog to police Chinese overseas listings – A powerful agency that China’s President Xi Jinping set up during his first term to police the internet is taking on a new role: regulating U.S.-listed Chinese …

China open to Boeing 737 MAX test flights – Chinese aviation officials have expressed willingness to conduct flight tests on Boeing Co’s 737 MAX, potentially paving the way for the …

China hits back against damning report by UK Foreign Affairs … – China’s Foreign Ministry has castigated a UK parliamentary group for calling for a boycott of the 2022 Beijing Winter Olympics over what it called “atrocities” in …

Two Major U.S. Index Providers Are Kicking Some Chinese … – The S&P Dow Jones Indices and FTSE Russell are booting more Chinese companies from their indexes following President Biden’s June 3 executive order …

Montenegro Close to Deal on Lifting Chinese Debt Burden … – LONDON – Montenegro is weeks away from securing a deal to either swap or refinance with European and U.S. banks nearly $1 billion in debt owed to China, …

Richest People Net Worth: Zeng Yuqun Overtakes Jack Ma … – Zeng, 53, who hails from a hillside village in Fujian province in southeast China, built CATL into a battery juggernaut in less than a decade, creating the largest …

Philippine Coast Guard Picks Female Operators to Talk to … – In March, hundreds of Chinese maritime militia “fishing” vessels massed at … dispersed, but maritime tensions between China and the Philippines continue.

Two universities in Hunan dispute over design ownership of … – While the heat over China’s latest space conquer that delivered the first successful spacewalk outside the Tianhe space station core cabin have yet faded, the …

China may be considering Boeing 737 MAX test flights … – It could still take many months after any test flight before China’s air regulators complete their work and lift the flying ban, especially if trade tensions between the …

China’s Chang’e 5 moon landing site finally has a name – Mons Hua and Mons Heng are named after mountains in China, with mons being Latin for mountain. The craters are named for a number of Chinese astronomers, …

China could soon have latest nuclear weapons, says US … – China could soon have latest nuclear weapons, says US diplomat. Beijing might soon obtain “exotic nukes” such as underwater drones and nuclear powered …

Boeing 737 Max’s (BA) Return to China Flights Takes Key Step – Chinese aviation officials have signaled they are open to conducting flight tests on Boeing Co.’s 737 Max, a step toward lifting the plane’s grounding in that …

China Taking Measures Against Group of Altcoins, Says They … – China is sounding the alarm on crypto assets that are pegged to fiat currencies. The country’s leading banking official says that such stablecoins pose a risk to …

Suspected Chinese hackers target telecom research in … – A suspected Chinese state-sponsored group is targeting telecommunications organizations in Taiwan, Nepal and the Philippines, researchers at Recorded …

Reexamining Chinese economic reform from the 1980s to … – A new book by Isabella Weber, “How China Escaped Shock Therapy: The Market Reform Debate,” challenges conventional wisdom about China’s crucial …

Chess vs Go – Strategic Strength Gamecraft and China – A clear point of competition, growing strategic capability and global tension is China’s iterative involvement, development and capability in bioscience and …

Asia Minute: Questions on Chinese Vaccine in Indonesia – The most commonly used vaccine in the country by far is from China’s Sinovac. The Indonesian Hospitals Association says about 95% of health care workers have …

Didi’s failure to listen forces rewrite of Chinese tech listing rules – She is author of “Chinese Antitrust Exceptionalism: How the Rise of China Challenges Global Regulation.” When Jean Liu, the president of Didi Chuxing, was …

China just deleted dozens of LGBTQ pages from one of its … – WeChat, China’s largest social media platform, has deleted dozens of LGBTQ-related accounts run by non-governmental organizations and student groups.

Expert predicts failure as China eyes a move into Afghanistan … – It offers a portal through which the Chinese military might access the Arabian Sea, via Iran or Pakistan. The war-torn country could also provide access to Iran and …

Aptar announces collaboration with Chinese skin-care company – The collaboration will significantly bolster Aptar’s product and service offerings in China, the company said. In addition to the partnership, Aptar has made a …

China now leading the quantum computing race – Unlike Google’s 53-qubit Sycamore quantum supercomputer that is based on electrons and superconductors, the latest Chinese achievement in the field …

NVIDIA GeForce RTX 3060 Selling For 270 USD In Second … – Due to China’s crackdown on cryptocurrency farms, many crypto mining GPU sellers have relocated to the Sichuan region to sell the used equipment as …

4 Ethics-Breaking Biological Experiments Touted By Chinese … – Throughout the world, scientific research and experiments involving ethical issues must first pass the scrutiny of ethics committees. In recent years, the Chinese …

Pentagon No. 2 tours shipyards as race with China heats up – Pentagon No. 2 tours shipyards as race with China heats up. Kathleen Hicks visits military installations key to winning great-power competition. U.S. Navy SEALs …

The Chinese Tech Crackdown Is Intensifying This Seismic … – “Headline risk” keeps coming after Chinese stocks … from both sides. … On Tuesday, shares of Didi Global Inc. (NYSE:DIDI) — the “Uber of China” — got …

An Alternate Theory of China’s Tech Clampdown – China’s leaders say it’s about all cybersecurity, but some observers see financial control as the larger goal. Hong Kong’s skyline. (ruslan-bardash/Unsplash) …

WeChat deleted accounts of student LGBTQ groups in China – Massively popular Chinese social platform WeChat quietly deleted the accounts of several LGBTQ groups organized at major Chinese universities, Reuters …

Commentary: Facing China after Afghanistan withdrawal … – It would really be foolhardy for President Xi Jinping to risk funds that he needs to fuel China’s forces everywhere else, including the South China Sea. You never …

The Chinese Communist Party centennial is something to fear … – The United States of America, the world’s oldest continuous democracy, was founded on the radical concept of self-governance. The current Chinese government, …

China tries to quell investors’ fear about internet companies – China’s Government tried on Thursday to quell investor fears about tighter controls on internet companies that caused share prices to plunge, saying Beijing …

Most of Chinese companies responsible for air pollution, says … – Most of Chinese companies responsible for air pollution, says ministry report. ANI / Jul 9, 2021, 00:25 IST. FacebookTwitterLinkedin …

#AceNewsDesk report ………..Published: July.11: 2021:

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