China’s Two Sessions to push ‘new productive forces’
China is expected to promote its plan to achieve “new productive forces” for 2024 in the coming “Two Sessions” meetings, which will begin in early March.
Jeff Pao in asian news
Yet another US lawmaker group heading for Taiwan
A group of seven US lawmakers is set to visit Taiwan on February 21 and meet with the island’s new top leaders, fueling Taiwan Strait political tensions.
What China sends Russia is ‘none of EU’s business’
Beijing has expressed its opposition after media reports said the European Union is going to sanction some Chinese companies that have shipped dual-use products to Russia for use in the Ukraine war.
SMIC to sell Huawei costly, inefficient 5nm chips
Semiconductor Manufacturing International Corp (SMIC), China’s largest chip maker, reportedly will mass produce 5-nanometer chips for Huawei Technologies later this year despite low yields and high production cost.
Beijing slams Five Eyes for cyberattack allegations
Volt Typhoon, a hacking group backed by the Chinese government, was once again called out by Five Eyes countries’ Joint Cybersecurity Advisory for its plan to launch destructive cyberattacks against critical infrastructure in the United States and allies.
US to vent overcapacity complaints in Beijing talks
After railing at Beijing for a decade about Chinese dominance in the solar panel sector, Washington now is complaining that China heavily subsidized its electric-vehicle (EV) and semiconductor makers to boost global market shares – in the process creating overcapacity that also helped knock prices below competitors’ costs.
Japanese, German firms doubt China’s 2024 outlook
More Japanese and German firms with operations in China expect the Chinese economy to deteriorate in 2024 than think the opposite, two surveys show.
An ambitious campaign to raise Chinese stock prices
Hoping to improve stock market sentiment, Chinese authorities have unveiled a series of new measures – including a liquidity injection into the banking sector, which has already shown results with a short-term boost to the Chinese stock markets on Wednesday.