China started to claim property in Mischief Reef a few years ago, and has since been building islands there to assert its claim. The U.S. said they’d continue to conduct navigation exercises in the area. Read more
China protested when the investors service lowered its credit rating 1 notch because of China’s rising debt load (which could be difficult to service) and slowing growth. It is the first time in the 30 years since the end of the devastation caused by Mao and the Cultural Revolution that China’s credit rating has been … Read more
China, the world’s biggest solar power market, added 21.4b kilowatt-hours in the three months before March 31, compared with a year earlier, according to the NEA. It’s total installed capacity is now 85gw. Their increase is despite an unused capacity (congested transmission infrastructure) worth 2.3b kilowatt-hours in the first quarter. Read more
The government, which enforces strict censorship of media, has decided it needs its own online encyclopedia. Wikipedia, like many other popular free information sources on the internet, is blocked in China. China’s encyclopedia will not be like Wikipedia, though. It will not allow public edits, and its editors will be hand-picked by the government. The … Read more
140,000 Americans are now employed by 3,200 Chinese companies operating in the U.S., according to Chinese state media organization Xinhua. The 140k is 9 times the 2009 number. And the dollar figure for investment, $46b, is three times what it was a year earlier. Read more
Price hikes and fuel hording are symptoms of what is being rumored to be a China-caused fuel shortage. Signs have popped up around Pyongyang that restrictions on sales would be in place until further notice. North Korea gets most of its fuel from its neighbor, China, which has joined the U.S. in a much stronger … Read more
“If you study Chinese products, you can get inspiration,” according to a woman who works for technology investment firm Andreessen Horowitz. She also works helping U.S. startups learn from Chinese tech. Connie Chan says Chinese tech is ahead of U.S. tech in everything from livestreaming (worth $5b) to messaging. For example, while Americans almost all … Read more
According to Nikkei Asia Review, iPhone assemblers in the East — responsible for producing 200 million phones per year — are in talks about moving production to the U.S. The move would mean roughly doubling costs — some of which would likely be passed on to consumers — but may be necessary. President Elect Donald Trump … Read more
900 kilometers of desert highway — the longest desert highway in the world — is now being built in Inner Mongolia, North China. The highway is part of China’s Belt and Road Initiative, which is a plan to connect Asia with Europe: Beijing to Rotterdam, Holland. More immediately, the desert highway will be part of the new … Read more
March protest just confirmed due to communications clampdown in area Sonam Tso, a mother of five, carried out a self-immolation protest on Wednesday 23 March 2016, in Dzoege County, Ngaba Tibetan Autonomous Prefecture. News of the protest only emerged from Tibet yesterday due to communication restrictions in the area. The protest took place around midday … Read more
In China last year, approximately 2.8 million people died of cancer, and 4.3 million new cases of cancer were diagnosed, according to a new study by researchers at the National Cancer Center in Beijing. The new figures are based on newly available information: several population registries have been made available through China’s National Central Cancer … Read more
Central Banks manipulate the price of money using several different tactics for controlling interest rates. One of those mechanisms is buying assets like bonds. The last easing program that the Federal Reserve conducted ended in Oct. of 2014. Even though interest rates are still at a record low in the United States, the effects of … Read more