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China Crisis Series

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Third world countries are not so third now, in last decade, emerging markets, led by China gained into prominence as a driver of global economy, contributing more than half of world's GDP and China in second place. In today's modern financial world, China can't just be ignored, however due to opaque nature of Chinese data and their secrecy, sighting true insight on the country remains a challenge. In this series, we at EconoTimes, take up the challenge to present our readers true, market moving insights.

China Crisis Series

Xi Jinping sends message to US on China's rising power in Boao address

Apr 23, 2021 12:11 pm UTC| Insights & Views

Chinese President Xi Jinpings muscular speech to the Boao Forum Asia annual conference was clearly designed to send a signal to the United States that China regarded the change of administration as an opportunity for a...

China Crisis Series

Chinese firms on investment blacklist encouraged by Xiaomi win, eye lawsuits against US

Mar 17, 2021 09:56 am UTC| Economy

Chinese firms targeted by former President Donald Trumps investment ban are thinking of suing the US government, encouraged by a federal judges suspension of blacklisting for Beijing-based smartphone maker Xiaomi. A...

China Crisis Series

How China is controlling the COVID origins narrative — silencing critics and locking up dissenters

Jan 14, 2021 04:54 am UTC| Insights & Views

Just over a year has gone by since the novel coronavirus first emerged in the Chinese city of Wuhan and the world still has many questions about where and how it originated. The World Health Organisation is sending a...

China Crisis Series

China enters 2021 a stronger, more influential power — and Australia may feel the squeeze even more

Jan 06, 2021 04:33 am UTC| Politics

Great power competition in the Asia-Pacific region has been building for years. But COVID-19 has turbo-charged the shifts taking place and China is finishing 2020 in a significantly stronger position compared with the US...

China Crisis Series

China begins probe on Alibaba for anticompetitive behavior

Dec 25, 2020 23:53 pm UTC| Business

China has launched an antitrust investigation into Alibaba Group as part of an accelerating crackdown on anticompetitive behavior in Chinas internet space. It will summon the tech giants Ant Group affiliate for a...

China Crisis Series

US lawmakers to support $1.9 billion funding to 'rip and replace' Huawei, ZTE equipment

Dec 20, 2020 23:29 pm UTC| Business Politics

US lawmakers are expected to endorse $1.9 billion funding for a program to remove telecom network equipment deemed national security risks as part of a year-end spending bill. Lawmakers are also expected to back $3.2...

China Crisis Series

China fines Alibaba $76,500 for monopolistic behavior

Dec 14, 2020 21:03 pm UTC| Economy

Chinas State Administration for Market Regulation (SAMR) fined Alibaba $76,500 for increasing its stake in department store company Intime Retail Group to 73.79 percent in 2017 without seeking approval. Chinas market...

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Economy

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

Will global oil supply be at risk if Iran and Israel pull the Middle East into war?

Tensions in the Middle East have escalated following Irans weekend missile and drone attacks on Israel, heightening concerns of a wider conflict. As with the Russian invasion of Ukraine, further conflict has the...

EU enlargement: What does the future hold?

To widen or to deepen. This has been one of the longstanding dilemmas throughout European Union (EU) history, and a perennial sticking point in the unending process of European integration. In its time, the UK...

Politics

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

South Korean President Yoon faces foreign policy challenges after the National Assembly election

South Koreas parliamentary election of April 10, 2024, was widely seen as a referendum on President Yoon Suk Yeols first two years in office. That being the case, the nation collectively expressed its strong...

How will US foreign policy affect Joe Biden’s chances of re-election in November?

When big questions about American foreign policy collide with an election, its rarely good news for a sitting president. Like many leaders before him, US President Joe Biden has had some of these questions thrust on...

US Commerce Secretary Asserts Huawei Chip Lag, Affirms Export Control Success

In an interview on CBS News 60 Minutes, Commerce Secretary Gina Raimondo stated that the latest Huawei Mate 60 Pro phones chip remains significantly behind U.S. technology despite being the most advanced from China. She...

‘We have thousands of Modis’: the secret behind the BJP’s enduring success in India

Since 2014, Indian Prime Minister Narendra Modis popularity has grown exponentially and so has the formidable organisational machine of his Bharatiya Janata Party (BJP). These two factors will be key to delivering the BJP...

Science

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Technology

U.S. SEC Set to Reject Spot Ether ETFs in May Amid Regulatory Hurdles

The U.S. Securities and Exchange Commission is expected to deny approval for spot Ether ETFs in May, continuing a cautious stance amid unresolved regulatory clarity, according to industry insiders. SEC Set to Delay...

Mercedes-Benz to Release Luxury Electric Van in China

Mercedes-Benz, the German luxury and commercial vehicle manufacturer, plans to release a luxury electric van model in China. This information was shared by the companys head of the vans unit, Mathias Geisen, to the local...

Samourai Wallet Founders Arrested, Crypto Markets Tumble Amid Regulatory Heat

The cryptocurrency market dipped significantly after the U.S. Department of Justice arrested Samourai Wallets CEO and CTO, exacerbating volatility amid geopolitical tensions and the recent Bitcoin halving. Bitcoin and...

Post-Halving Surge: Standard Chartered Predicts Bitcoin to Hit $150K on Reduced Market Leverage

Geoff Kendrick, Standard Chartered Banks analyst and head of digital assets research, believes bitcoin (BTC) would likely trend upward following the halving due to lower leveraged market positions. In an interview with...

Tesla Cybertruck Hits 1,000-Unit Weekly Production Amid Q1 Financial Shortfalls

Tesla announced a milestone in Cybertruck production, achieving 1,000 units per week concurrently with reporting lower-than-expected financial results for Q1 2024. Despite missing revenue and earnings estimates, Teslas...