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Judge Rejects $25M Bail Proposal From Steve Bannon’s Pal Guo Wengui: Guo, an exiled critic of the Chinese Communist Party, is accused of lying to thousands of ...
thedailybeast.com/judge-rejects-dollar25m-bail-proposal-from-steve-bannons-pal-guo-wengui
Chinese Billionaire Guo Wengui Denied Bail in US Fraud Case: Chinese billionaire Guo Wengui, the exiled businessman and vocal critic of Beijing with ties to ...
bloomberg.com/news/articles/2023-04-20/chinese-billionaire-guo-wengui-denied-bail-in-us-fraud-case
A US judge just denied bail to a Chinese businessman charged in a $1 billion fraud case because he could be a flight risk
fortune.com/2023/04/20/guo-wengui-denied-bail-fraud-case/
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Judge Rejects $25M Bail Proposal From Steve Bannon’s Pal Guo Wengui: Guo, an exiled critic of the Chinese Communist Party, is accused of lying to thousands of ...
thedailybeast.com/judge-rejects-dollar25m-bail-proposal-from-steve-bannons-pal-guo-wengui
Chinese Billionaire Guo Wengui Denied Bail in US Fraud Case: Chinese billionaire Guo Wengui, the exiled businessman and vocal critic of Beijing with ties to ...
bloomberg.com/news/articles/2023-04-20/chinese-billionaire-guo-wengui-denied-bail-in-us-fraud-case
A US judge just denied bail to a Chinese businessman charged in a $1 billion fraud case because he could be a flight risk
fortune.com/2023/04/20/guo-wengui-denied-bail-fraud-case/
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Chinese billionaire Guo Wengui denied bail in US fraud case: Chinese billionaire Guo Wengui, the exiled businessman and vocal critic of Beijing with ties to ...
scmp.com/news/world/united-states-canada/article/3217797/chinese-billionaire-guo-wengui-denied-bail-us-fraud-case
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Fallen 'Crypto King' Sam Bankman-Fried gets for 25 years for fraud: The crypto exchange co-founder, who led the now-bankrupt FTX, was convicted of fraud last ...
bbc.com/news/business-68677487
Sam Bankman-Fried to be sentenced for multibillion-dollar fraud this week: Former FTX CEO faces up to 100 years in prison should the judge hand out the harshest ...
theguardian.com/business/2024/mar/25/sam-bankman-fried-sentenced-multi-billion-dollar-fraud
Quick Glance: The Rise and Fall of Sam Bankman-Fried: Unrepentant Ex-Mogul Faces Lengthy Prison Term
- Sam Bankman-Fried, founder of FTX cryptocurrency exchange, was found guilty of wire fraud and money laundering conspiracy.
- Prosecutors urged a 40 to 50-year sentence to emphasize the severity of harm to victims and deter financial misconduct.
- Victims shared impact statements detailing loss of savings and financial distress caused by Bankman-Fried's actions.
- Once a prominent figure in the crypto world, Bankman-Fried faced accusations of embezzling funds and engaging in fraudulent activities.
Philippines says it will not yield to submission in row with 'patronising' China: The Philippines is not seeking a fight or trouble in the South China Sea but ...
reuters.com/world/asia-pacific/philippines-says-it-will-not-yield-submission-row-with-patronising-china-2024-03-29/
US may soon unveil list of Chinese chip factories barred from receiving tech: The Biden administration is drawing up a list of advanced Chinese chipmaking ...
reuters.com/technology/us-may-soon-unveil-list-chinese-chip-factories-barred-receiving-tech-2024-03-28/
Sam Bankman-Fried gets 25 years in prison for fraud and money-laundering at FTX | TechCrunch
tcrn.ch/3vlytC5
Quick Glance: Sam Bankman-Fried's Verdict: 25-Year Prison Term - BBC News
- Sam Bankman-Fried received a 25-year prison sentence. Key details from the court hearing in New York were summarized, focusing on his defense lawyer's arguments and the judge's ruling.
- The judge criticized SBF's lack of remorse, noting that he had never expressed a word of regret for committing terrible crimes. Customers who lost money in the collapse reported experiencing nightmares.
- SBF admitted to making a series of poor decisions but claimed that customers could be reimbursed. The judge pointed out that the assertion that customers would be fully repaid through the bankruptcy process was misleading.
- The court hearing also included testimonies from customers who lost significant amounts of money, insights into SBF's background, and the reasons behind the collapse of his company FTX.
Deadly Pakistan attacks threaten China economic ties: ISLAMABAD -- A string of deadly attacks on Chinese interests in Pakistan is threatening to slam ...
asia.nikkei.com/Politics/International-relations/Deadly-Pakistan-attacks-threaten-China-economic-ties
Australia doubles down on rare earths despite Chinese dominance: SYDNEY -- Attempts by Australia and others to boost their role in rare-earth elements face ...
asia.nikkei.com/Business/Markets/Commodities/Australia-doubles-down-on-rare-earths-despite-Chinese-dominance
MBTA to pay CRRC another $148 million for new cars: The total cost of the contract for the new Red and Orange Line cars is now more than $1 billion.
bostonglobe.com/2024/03/28/metro/new-crrc-mbta-deal/
Xiaomi: The Chinese smartphone giant taking on Tesla: Xiaomi's entry into the electric car market comes as a price war has been intensifying.
bbc.com/news/business-68672192
China calls for probe after five Chinese engineers killed in attack in Pakistan : Pakistani authorities say that five Chinese nationals were among six people ...
wionews.com/videos/china-calls-for-probe-after-five-chinese-engineers-killed-in-attack-in-pakistan-704997
Quick Glance: Six Killed in Suicide Attack on Chinese Engineers in Pakistan
- A suicide bomber targeted a convoy of Chinese engineers in Pakistan, resulting in six fatalities.
- The engineers were en route to a dam construction site when the attack occurred.
- Attacks on Chinese interests in Pakistan are seen as attempts to destabilize the country and create discord between Pakistan and its allies, notably China.
- Pakistan condemned the attack and emphasized the importance of the safety of Chinese nationals in the country.
Chinese firms' fundraisings in limbo as IPOs scrutinised at home and abroad: Chinese companies are staring at the prospects of a drought of new equity capital as ...
reuters.com/markets/asia/chinese-firms-fundraisings-limbo-ipos-scrutinised-home-abroad-2024-03-28/
Chinese EV Makers Challenging Market Leaders at Auto Show in Bangkok: Companies like BYD, XPeng and Great Wall Motors are quickly growing their sales in Thailand ...
thediplomat.com/2024/03/chinese-ev-makers-challenging-market-leaders-at-auto-show-in-bangkok/
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China lifts tariffs on Australian wine, ends three-year freeze in trade: China will lift anti-dumping and anti-subsidy tariffs on Australian wine from March 29 ...
reut.rs/4cBEYRE
Security reasons: Chinese company suspends work on power project: HARIPUR: A Chinese construction company working on the Tarbela-5th Extension Hydropower Project ...
thenews.com.pk/print/1173117-security-reasons-chinese-company-suspends-work-on-power-project
China's Xiaomi to enter cut-throat EV market for the first time: BEIJING: Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference ...
channelnewsasia.com/business/china-xiaomi-ev-car-market-4227246
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
apnews.com/article/china-us-trade-economy-xi-jinping-62568f1f1ba1f5d722e0e7795bb0bac6
Quick Glance: Chinese Leader Xi Warns Against Technology Restrictions
- Chinese President Xi Jinping told Dutch Prime Minister Mark Rutte that attempts to restrict China’s access to technology will not hinder the country’s progress.
- In 2023, the Netherlands imposed export licensing requirements on machinery used to make advanced processor chips.
- Xi cautioned against scientific and technological barriers that could lead to division and confrontation.
- Rutte emphasized the importance of protecting ASML's interests while acknowledging that national security takes precedence over economic interests.
Philippines ups stakes in China row, vows countermeasures to coastguard 'attacks'
reuters.com/world/asia-pacific/us-defence-chief-reaffirms-support-philippines-chides-dangerous-chinese-conduct-2024-03-28/
Exclusive: China's WuXi AppTec shared US client's data with Beijing, US intelligence officials told...
reut.rs/3xlt526
Ancient DNA reveals intriguing details about a sixth century Chinese emperor: Scholars have speculated about the sixth-century emperor’s looks ...
cnn.com/2024/03/28/asia/ancient-dna-chinese-emperor-wu-scn/
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With Cainiao buyback, Alibaba takes aim at rivals' overseas advance: Alibaba's plan to buy full control of its logistics subsidiary rather than spinning it off ...
reut.rs/3IU4vIr
Netflix Gave Game of Thrones’ Creators a Second Shot. They Used It to Ruin Another Beloved Book Series.
slate.com/culture/2024/03/3-body-problem-netflix-series-show-review-book.html
CRRC Pulls Out of €610 Million Bulgarian Train Tender After EU Probe: A Chinese company abandoned a €610 million ($660 million) Bulgarian railway tender after a ...
bloomberg.com/news/articles/2024-03-26/china-company-pulls-out-of-bulgarian-train-tender-after-eu-probe
Chinese Stocks Gain as Report Spurs Policy Easing Speculation: Chinese stocks advanced after a report spurred speculation that Beijing will expand its ...
bloomberg.com/news/articles/2024-03-28/tech-leads-chinese-stocks-rally-in-hong-kong-ahead-of-holidays
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Chinese scientists create swarming drones that can rapidly multiply mid-air to create a tactical shock
thestar.com.my/tech/tech-news/2024/03/28/chinese-scientists-create-swarming-drones-that-can-rapidly-multiply-mid-air-to-create-a-tactical-shock
Chinese EV maker BYD targets 20% jump in annual sales - sources: Chinese electric vehicle maker BYD has set a 3.6- million-unit sales target for 2024 ...
reuters.com/business/autos-transportation/chinese-electric-vehicle-maker-byd-targets-20-jump-annual-sales-2024-03-27/
Taiwan builds up mobile defenses, preparing for Chinese landing: TAIPEI -- The Taiwanese military is changing how it plans to respond to an attack by ...
asia.nikkei.com/Politics/International-relations/Taiwan-tensions/Taiwan-builds-up-mobile-defenses-preparing-for-Chinese-landing
Xi tells Dutch PM Rutte ‘no force can stop’ China tech progress: Chinese leader Xi Jinping on Wednesday told Dutch Prime Minister Mark Rutte that China’s ...
english.alarabiya.net/business/technology/2024/03/27/Xi-tells-Dutch-PM-Rutte-no-force-can-stop-China-tech-progress
Pakistan's military, civilian officials to probe bombing that killed Chinese nationals
reut.rs/4cyvjLF
US urges allies to bar firms from servicing key chipmaking tools for China: The United States is asking allies to stop domestic companies from servicing certain ...
reuters.com/technology/us-is-urging-allies-bar-firms-servicing-key-chipmaking-tools-china-2024-03-27/
Chinese TikTok sellers complain of under-fire platform tightening US rule enforcement
reut.rs/4cJqob8
Three Chinese Killed As Terrorists Attack Vehicle in Pakistan - Bloomberg: Three Chinese citizens were killed after their vehicle was attacked by terrorists in ...
bloomberg.com/news/articles/2024-03-26/three-chinese-killed-as-terrorists-attack-vehicle-in-pakistan
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Zambia Remains With $1.9 Billion in Commercial Debt Owed to Chinese Lenders: Zambia’s three-plus-year slog to escape default is shifting to $3 ...
bloomberg.com/news/articles/2024-03-26/zambia-debt-workout-shifts-back-to-china-after-bondholder-pact
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Top Chinese banks warn of spillover risks from property crisis: HONG KONG -- China's top four banks collectively reported an increase in total bad loans in ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Top-Chinese-banks-warn-of-spillover-risks-from-property-crisis
US FTC could bring suit or reach settlement with TikTok over privacy probe, says source
reuters.com/technology/biden-administration-pursuing-tiktok-over-data-practices-politico-reports-2024-03-26/
Foreign Office summons senior Chinese diplomat over ‘malicious cyber activity’: Beijing’s chargé d’affaires told that UK government will not tolerate ...
theguardian.com/technology/2024/mar/26/foreign-office-summons-senior-chinese-diplomat-over-malicious-cyber-activity
4 Key Takeaways Emerging From China’s Trade Data: Amid tensions with the U.S., China is recalibrating its approach to international trade – a strategic shift now ...
thediplomat.com/2024/03/4-key-takeaways-emerging-from-chinas-trade-dataE280AF/
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Exclusive: First Quantum execs discuss investment, disputed copper with Chinese officials
reut.rs/4cMDSD5
Britain summons Chinese charge d'affaires over alleged cyber hacking: Britain on Tuesday summoned the chargé d’affaires of the Chinese Embassy in London after ...
reuters.com/world/uk/britain-summons-chinese-charge-daffaires-over-cyber-row-2024-03-26/
New Exeter Chinese buffet restaurant set to open : Negotiations are underway for Exeetr's former Buffet city to be re-let as a restaurant
devonlive.com/whats-on/food-drink/new-exeter-chinese-buffet-restaurant-9190570
Alibaba sends out SOS on Hong Kong's market: Alibaba , is delivering a wake up call for owners of unlisted Chinese assets. The e-commerce giant ditched plans to ...
reuters.com/breakingviews/alibaba-sends-out-sos-hong-kongs-market-2024-03-27/
China TV makers target European soccer, NFL to expand overseas: GUANGZHOU -- Chinese TV makers like Hisense are using this year's major international ...
asia.nikkei.com/Business/Electronics/China-TV-makers-target-European-soccer-NFL-to-expand-overseas
Yellen says China's rapid buildout of its green energy industry 'distorts global prices'
apnews.com/article/china-yellen-manufacturing-treasury-economics-69fa4b2bf1dca8ca408381189383717a
Nigerian court sentences Chinese businessman to death for murdering girlfriend: Frank Geng Quarong was found guilty of murdering his girlfriend - a killing that ...
bbc.com/news/world-africa-68665094
Chinese EV maker Nio cuts Q1 deliveries forecast amid tepid demand: Chinese electric-vehicle maker Nio lowered its forecast for first-quarter deliveries on ...
reuters.com/business/autos-transportation/chinese-ev-maker-nio-cuts-q1-deliveries-forecast-2024-03-27/
World’s first mass-produced 900V EV drive system rolls out with 5 minute fast charge
electrek.co/2024/03/27/worlds-first-mass-produced-900v-ev-drive-system-rolls-out/
UK Treasury staff worked at Chinese bank accused of communist links: The Treasury says the secondment scheme deepens ties with Asia and boosts British business.
bbc.com/news/uk-politics-68665302
US, UK, NZ accuse China of cyber attacks on 'democratic institutions' - World News
hurriyetdailynews.com/us-uk-nz-accuse-china-of-cyber-attacks-on-democratic-institutions-191931
Quick Glance: APT31: The Chinese Hacking Group Behind Global Cyberespionage Campaign
- The United States and Britain took legal action and imposed sanctions on a company and individuals associated with a Chinese state-backed hacking group called APT31, allegedly involved in a comprehensive cyber espionage campaign.
- APT31, also known as Zirconium, is purportedly led by China's Ministry of State Security and has targeted millions of people over more than a decade, primarily in the U.S. and Britain, including officials, lawmakers, activists, academics, journalists, and companies such as defense contractors and a U.S. smartphone manufacturer.
- The group is linked to China's Ministry of State Security in the province of Hubei and is accused of suppressing critics of Beijing, compromising government institutions, and stealing trade secrets.
- The U.S. Treasury Department and the British government have taken measures against the company Wuhan XRZ and seven Chinese individuals, including Ni Gaobin and Zhao Guangzong, who were allegedly involved in the activities of APT31.
Chinese central bank chief highlights $550bn currency swap 'safety net': BOAO, China (Reuters) -- China's central bank will continue to promote currency ...
asia.nikkei.com/Business/Markets/Currencies/Chinese-central-bank-chief-highlights-550bn-currency-swap-safety-net
US rapper Cardi B sees China fan base grow as increasing numbers copy singer’s iconic style, run online make-up tutorials to imitate looks
scmp.com/news/people-culture/trending-china/article/3255769/us-rapper-cardi-b-sees-china-fan-base-grow-increasing-numbers-copy-singers-iconic-style-run-online
Apple’s iPhone shipments slumped in February, highlighting why CEO Tim Cook went on a charm offensive in China
scmp.com/tech/policy/article/3256948/apples-iphone-shipments-slumped-february-highlighting-why-ceo-tim-cook-went-charm-offensive-china
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China sentences ex-soccer chief to life in prison in latest crackdown on sports corruption
cnn.com/2024/03/26/china/china-soccer-officials-jailed-corruption-intl-hnk-spt/
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Will Xi’s manufacturing plan be enough to rescue China’s economy? : The president has won praise for ending a credit boom, but trading partners now fear a flood ...
ft.com/content/ae517907-0244-4344-ad0a-1d029c03555b
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Felony charges against Ken Paxton to be dropped: Paxton, who will not have to enter a plea under the terms of the agreement, faced the prospect of decades in ...
texastribune.org/2024/03/25/ken-paxton-plea-deal-securities-fraud-felony/
Quick Glance: Texas AG Paxton to Pay Nearly $300K in Fraud Case
- Texas Attorney General Ken Paxton has agreed to pay nearly $300,000 in restitution to end the fraud charges that have been looming over him for almost a decade.
- In a deal with special prosecutors, Paxton will have three felony charges dropped and will be required to provide full restitution to victims, complete community service, and undergo legal ethics education.
- The resolution of the case marks a significant legal and political victory for Paxton, allowing him to retain his elected position and legal license despite ongoing legal challenges.
- Despite facing a federal investigation and other legal battles, Paxton has maintained strong political support within the GOP, including from former President Donald Trump, showcasing his resilience amidst adversity.
Foreign correspondents in the Philippines condemn China over claims of video manipulation
reuters.com/world/asia-pacific/foreign-correspondents-philippines-condemn-china-over-claims-video-manipulation-2024-03-27/
Young Chinese professionals aren’t interested in making an effort on their work outfits, ‘sloppy’ OOTDs go viral
thestar.com.my/tech/tech-news/2024/03/27/young-chinese-professionals-arent-interested-in-making-an-effort-on-their-work-outfits-sloppy-ootds-go-viral
China's COMAC wide-body C929 jet in 'detailed design stage', official says: Chinese state-owned planemaker COMAC's first wide-body jet is in its
reuters.com/business/aerospace-defense/chinas-comac-wide-body-c929-jet-detailed-design-stage-official-says-2024-03-26/
China's Xi meets American business leaders amid sluggish investment: Chinese President Xi Jinping convened with American business leaders at the Great Hall of ...
dailysabah.com/business/economy/chinas-xi-meets-american-business-leaders-amid-sluggish-investment
Aliens attack science in '3 Body Problem,' a new adaptation of a Chinese sci-fi novel
npr.org/2024/03/22/1239945610/3-body-problem-review-netflix-sci-fi
NZ Forestry 'struck to our knees' by weak post-Chinese New Year demand: Log inventories are piling up as orders from China slow in wait for prices to hit rock ...
rnz.co.nz/news/country/512863/nz-forestry-struck-to-our-knees-by-weak-post-chinese-new-year-demand
Renowned Chinese conceptual artist Xu Bing named Hong Kong’s ambassador for cultural promotion
scmp.com/news/hong-kong/society/article/3257116/renowned-chinese-conceptual-artist-xu-bing-named-hong-kongs-ambassador-cultural-promotion
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The triple shock facing Europe’s economy: After the energy crisis, Europe faces surging Chinese imports and the threat of Trump tariffs
economist.com/leaders/2024/03/27/the-triple-shock-facing-europes-economy
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Taiwan conducts missile drills 'in face of' China military intrusions: Taiwan conducted an air defense test deploying US-made Patriot missiles and its ...
standardmedia.co.ke/asia/article/2001492198/taiwan-conducts-missile-drills-in-face-of-china-military-intrusions
Frank Geng-Quandong, Chinese Who Killed Nigerian Lover, Sentenced to Death: The court was further told that plans were already in motion for the two to get ...
fij.ng/article/frank-geng-quandong-chinese-who-killed-nigerian-lover-sentenced-to-death/
China hopes the Netherlands would support companies in fulfilling their contractual obligations and ensure "normal" trade of lithography machines ... Show more
PetroChina does business as usual with Russia: HONG KONG -- Chinese state-owned energy groups continue to buy crude oil and natural gas from Russia ...
asia.nikkei.com/Business/Energy/PetroChina-does-business-as-usual-with-Russia
China opens WTO dispute against US subsidies to protect its EV industry: China has initiated dispute settlement proceedings against the United States at the ...
reuters.com/world/china-opens-dispute-against-us-wto-over-discriminatory-subsidies-2024-03-26/
Quick Glance: China initiates WTO dispute over discriminatory subsidies for the EV industry
- China has initiated dispute settlement proceedings against the United States at the World Trade Organization to safeguard its interests in the electric vehicle industry, as confirmed by the Chinese mission and the WTO.
- The U.S. is accused of providing "discriminatory subsidies" under the U.S. Inflation Reduction Act, leading to the exclusion of goods from China and other WTO countries.
- The comprehensive legislation offers billions of dollars in tax credits to support consumers in purchasing electric vehicles and companies in producing renewable energy, aligning with President Joe Biden's efforts to decarbonize the significant U.S. power sector.
- China emphasized that the proceedings were launched to protect the legitimate interests of the Chinese electric vehicle industry and to ensure fair competition on the global market.
Kazakhstan: Business group strives to facilitate trade connections with China: Customs chief acknowledges discrepancies in bilateral trade statistics.
eurasianet.org/kazakhstan-business-group-strives-to-facilitate-trade-connections-with-china
Iraqi minister proposes TikTok ban over societal concerns: LONDON: Iraq’s communications minister has formally requested the country’s Cabinet to block ...
arab.news/bwfaf
China-made vehicles will comprise a quarter of Europe’s EV sales this year, study shows
cnbc.com/2024/03/28/china-made-vehicles-will-make-up-a-quarter-of-europes-ev-sales-this-year.html
S Korean trade, diplomacy trending away from China: South Korea is trending away from economic dependence on China and increasing its trilateral interactions ...
asiatimes.com/2024/03/s-korean-trade-diplomacy-trending-away-from-china/
China Does Not Fear the Return of Donald Trump: For the Chinese strategic community, there’s no perception of Biden or Trump being better for China; it’s a ...
thediplomat.com/2024/03/china-does-not-fear-the-return-of-donald-trump/
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Evidence Britain provided on hacking allegations was insufficient, says Chinese foreign ministry
reuters.com/technology/cybersecurity/evidence-britain-provided-hacking-allegations-was-insufficient-says-chinese-2024-03-26/
Gucci’s China shock reverberates across the luxury fashion landscape: Fears of a slowdown among Chinese shoppers is dogging the luxury industry ...
thestar.com.my/lifestyle/style/2024/03/28/guccis-china-shock-reverberates-across-the-luxury-fashion-landscape
Analysis: Japan-bashing Chinese unwittingly target Xi's lucky temple: Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei ...
asia.nikkei.com/Editor-s-Picks/China-up-close/Analysis-Japan-bashing-Chinese-unwittingly-target-Xi-s-lucky-temple
Ex-president Ma hopes to meet 'old friend' Xi on China trip: Aide - Focus Taiwan: Taipei, March 26 (CNA) An aide to former President Ma Ying-jeou (馬英九) on ...
focustaiwan.tw/cross-strait/202403260011
South Korean footballer Son Jun-ho ‘grateful to be home’ after release from detention in China amid anti-corruption drive
scmp.com/sport/football/article/3256964/south-korean-footballer-son-jun-ho-grateful-be-home-after-release-detention-china-amid-anti
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Chinese cities to close local financial asset exchanges to defuse risks: Four Chinese provinces and cities are shutting down their financial asset exchanges as ...
reuters.com/world/china/chinese-cities-close-local-financial-asset-exchanges-defuse-risks-2024-03-26/
A Lot of Chinese Viewers Wish Netflix Had Stripped China Out of ‘3 Body Problem’: The adaptation of Liu Cixin’s celebrated science-fiction novel earned generally ...
on.wsj.com/4cAWaa0
Chinese scientists plan surface-to-air missile with 2,000km kill range: Chinese researchers say they have designed a
scmp.com/news/china/science/article/3256914/chinese-scientists-plan-surface-air-missile-2000km-range
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Bad Haircut? A Hot Chinese App Is Giving Americans Blunt Advice: Xiaohongshu, a mix of Instagram and Reddit, is a destination for personal-style suggestions.
wsj.com/tech/personal-tech/bad-haircut-a-hot-chinese-app-is-giving-americans-blunt-advice-b82e67e2
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