According to the relevant laws and regulations, the Ministry of Commerce decided to suspend the export of natural sand to Taiwan. Experts have stated that the suspension of natural sand exports to Taiwan will have an impact on their sandstone […]
Following the raids of the offices of Xiaomi, OPPO and vivo in India, the Chinese team on location has decided to withdraw from the country. The CEO of Honor Zhao Ming reportedly stated that the company still has partners in India and has opened […]
From July 12th in the afternoon until the morning of July 13th, General Secretary Xi Jinping inspected Xinjiang University, Urumqi International Land Port Area, Guyuan Lane Community in Tianshan District, and Xinjiang Uygur Autonomous Region Museum in Urumqi City, Xinjiang, to learn about Xinjiang’s […]
On July 13th local Ukrainian time, the Ministry of Foreign Affairs of Ukraine announced that they had suspended diplomatic relations and economic ties with North Korea. Earlier this week, North Korea recognized the independence of the two Kremlin-backed separatist regions […]
As the regulations regarding online banking business became tighter in late 2020, interest-bearing time deposit products have become the new target being supervised by the CBIRC (China’s Banking and Insurance Regulatory Commission). They are usually handled by small regional banks […]
The Trump administration has revoked eight licenses issued to four companies which are selling products that contain US technology to Huawei. According to Reuters, a large number of ongoing applications for exports to Huawei might also be denied by the […]
The US administrative is planning to add SMIC, the biggest chipmaker in China, to the trade blacklist (aka entity list) on which Huawei is listed. It intends to prevent American companies from exporting technology and key components to the companies […]
The central bank of China is pushing hard for the utilization of digital currency, and tech companies are responding to it quickly. Chinese leading e-commerce platform JD.com lately said that it would allow digital yuan to be used as payment […]
Shanghai-based Semiconductor Manufacturing International Corp. (SMIC) and China National Offshore Oil Corp. (CNOOC) were both reportedly added to the blacklist by the Trump administration last Thursday. The list has not yet triggered any penalties but was said by Reuters to […]
China’s lunar mission with Chang’E 5 has been half completed. The ascender blasted off at 11:10pm Thursday, meeting the awaiting vessel which will take it flying back to earth. This China’s first-ever extra-terrestrial launch is of significant importance and meaning, […]
