Washington/ Beijing: US Biden administration has blacklisted 37 Chinese companies. It includes companies in genetic technology, cloud computing and arms manufacturing. There was a strong reaction from China to this US action. China’s foreign ministry accused the US administration of wrongly targeting Chinese companies. Moreover, the United States and Western countries had warned of serious […]
Paris/Beijing: A French think tank accused Chinese companies of looting Gold from the African country DR Congo. The French think tank IFRI said that the Chinese companies illegally produce and export Gold from the mines in the Kivu Province in southern DR Congo. While this report has surfaced, a court in DR Congo has ordered […]
Washington/Beijing: – Stocks of Chinese companies fell to record lows in the US stock markets. The decline continued for three consecutive days on Friday, Monday and Tuesday, with Chinese companies claiming more than 200 billion dollars in losses. The decline for Chinese companies appears to be the biggest jolt since 2008. These companies include companies […]
Beijing/Washington: – The ruling Chinese regime has launched a vigorous move to prevent Chinese companies from listing on the US stock markets for raising capital. A few days ago, a Chinese company, Didi Inc., was listed on the New York Stock Exchange and submitted an IPO. Within days of the IPO, Chinese authorities took action […]
Beijing – China has warned that there will be a strong retaliation against the sanctions imposed by the United States against the Chinese companies over the Uyghurs issue. Last week, the United States blacklisted 14 Chinese companies for their involvement in atrocities against the Uyghurs. This is the second instance of the Biden administration taking […]
New Delhi: India allowed telecom companies to start the trials of 5G technology. But the Chinese companies have been kept out of this. The Chinese embassy in India expressed regret over the Indian decision. Chinese embassy spokesperson Wang Xiaojian said that the decision not only tramples the Chinese legal rights but also affects the Indian […]
London/Beijing: Saying that it is the duty of the United Kingdom to retaliate against the infuriating oppression of the Uyghur community by the Chinese communist regime, British Foreign Minister Dominic Raab announced that the British companies that are keeping relations with Chinese companies in Xinjiang province would face stringent actions. Only two days ago, the […]
Beijing: – The Chinese government has indicated to increase the scope of actions initiated against the Alibaba Group, the largest e-commerce company in the world. This news has created a sensation in the Chinese stock markets. The IT companies have taken a hit of more than $200 billion; the highest losers are leading companies like […]
Washington: – The United States has issued a stern warning to the concerned nations not to entertain China in the Undersea Internet Cables project in the Pacific Ocean. Chinese company Huawei Marine has prepared a tender to execute the project connecting three island nations in the Pacific Ocean. The concerned project also connects the cable […]
Washington: – US Secretary of State, Mike Pompeo had warned that the US campaign against China has still not ended. On Friday, the United States blacklisted 59 Chinese companies endorsing the Pompeo statement. The blacklisted companies include the chip manufacturing giant SMIC and DJI the drone manufacturing company. The United States took this action accusing […]
