Tag Archives: China

More than 300 satellites will be put into orbit as China, inspired by US billionaire Elon Musk’s plan to get the entire world online, aims to establish a global Wi-Fi network of its own. Musk’s Starlink initiative reportedly consists of more than 12,000 interlinked satellites. The state-owned China Aerospace Science and Technology Corporation has been tasked with developing and launching such satellites, the Beijing-based Science and Technology Daily reports.... Asia TimesChina to follow...

Perhaps the biggest mystery in economic analysis in the last few years has been trying to find an explanation for the big decline in labor force participation since 1999. A recent NBER working paper by Abraham and Kearney has posited the most comprehensive answer to date. Since it was summarized in this Washington Post article, I’m just going to quote a few paragraphs and suggest that you read the entire article.... Angry BearChina, not automation, is by far the biggest factor in the...

Beijing is turbo-charging its infrastructure connectivity across the region and the Caribbean. "Who lost Latin America?"Asia TimesChina’s ‘New Silk Roads’ reach Latin America Pepe Escobar See alsoTalk of four nation-led ‘alternative’ to Belt and Road picks up steam Asia Times StaffSee also Australia, the United States, India and Japan are talking about establishing a joint regional infrastructure scheme as an alternative to China’s multibillion-dollar Belt and Road Initiative in an...

China's success serves as one of alternative options to those proposed by the West, "Yet China is not interested in the so-called 'competition of systems'", Chinese congresswoman and senior diplomat Fu Ying wrote in a signed article to the special edition of German Times for the Munich Security Conference being held from Friday to Sunday. In the article, Fu Ying, chairperson of the Foreign Affairs Committee of the National People's Congress, said that China has no intention to export its...

The US Securities and Exchange Commission (SEC) Has Rejected a Bid by a Chinese-Linked Consortium to Acquire the Chicago Stock Exchange, Amid Widespread Political Opposition to the Deal. The Exchange, Which Handles Less Than 1% of Daily US Stock Trading, Was Hoping the Sale Could Be a Springboard to a Brighter Future, Attracting New Listings and Investments From China. Unfortunately for the Institution, the Deal Came at a Complicated Time in US-China Relations When It Was First Proposed...

The entire story about mass casualties of Russian PMCs is based on unconfirmed and fake data, that includes a few real facts like the US strikes, some PMCs casualties and the participation of the ISIS Hunters in the incident. The rest is an orchestrated campaign in keeping with the best traditions of propaganda. The goals of which would be that:the US is able to fight back against the Russians in Syria; Russia is not able to defend its interests; the Kremlin is not concerned over killed...

World Economic Forum | AgendaEurasia, the supercontinent that will define our centuryBruno Maçães | Senior Advisor, Flint Global

 It's on. China will soon be able to trade oil using its own currency by creating a futures market to rival the international benchmark contracts which are traded exclusively in dollars.  The China Securities Regulatory Commission confirmed its plans to begin the trade of yuan-based oil futures on the Shanghai Futures Exchange from March 26 on Friday.  China is now the world’s largest crude importer which is understood to be a large part of its drive to establish a benchmark which reflects...

China is set to name Liu He, a Harvard-trained economist who advises President Xi Jinping, as a vice premier overseeing the economy and financial sector, five sources familiar with the development said. Reuters Exclusive: China to name Harvard-trained Liu He as vice premier overseeing economy - sourcesKevin Yao, Benjamin Kang Lim

Global appetite for large-cap Chinese stocks was dampened by fears of a Chinese financial crisis. Now that China has shown that it can de-lever the financial system and maintain strong growth at the same time, investors are scrambling to add Chinese stocks to portfolios before the MSCI indices expand to include China later this year. With the HSCEI up 17.2% year to date, any global portfolio that did not include China would have underperformed.... Asia TimesH-shares soar as global investors...