Saul Eslake, the renowned and independent economist, has updated his China chart pack which was last prepared in January 2023. The chart pack gives a bird’s eye view of the economic challenges China needs to address. By using the term ‘Peak China’, he does not mean that China will collapse, but that its future economic Continue reading »
China
For China these days it doesn’t get much easier to pursue it geostrategic objectives. With the US distracted on two fronts in Europe and the Middle East, and Russia mired in its intractable invasion of Ukraine, among the great powers, China is largely free to advance its interests on an increasingly global scale. Sabre rattling Continue reading »
US lawmakers have introduced a bill that would bar US mutual funds from investing in indexes that track Chinese stocks (Bloomberg). According to Bloomberg “The legislation targets mutual funds that invest in indexes tracking primarily Chinese stocks, rather than those investing in indexes that only include some Chinese companies, according to Sherman’s office. However, the Continue reading »
Andrew Hastie and Tony Abbott are trying to install a candidate in WA who has written a fictional book to scare people about a Chinese invasion of Australia. Western Australia exported $270 billion worth of goods in 2022-23, of which more than half, $147.7 billion worth, went to one country. Guess which one? China’s 54.6 Continue reading »
The CEO of BYD, the Chinese giant challenging Tesla as the world’s biggest electric vehicle maker, says sales of New Energy Vehicles (NEVs), including battery electric vehicles (BEVs) and plug-in hybrids (PHEVs), will make up more than half of all new cars sold in China within the next three months. “The penetration rate of NEVs Continue reading »
TikTok’s owner is once again navigating troubled waters in the United States, where the US House of Representatives has issued an ultimatum: divest or face shutdown within six months. In Australia, Opposition Leader Peter Dutton and Senator James Paterson, the shadow home affairs spokesperson, want Canberra to follow suit. TikTok, owned by the Beijing-based tech Continue reading »
Australia is trailing its neighbours in the race to acquire China knowledge and capability, which can only come from in-country experience, writes Louise Edwards. Chinese universities are keen to see more Australian students in their courses and on their campuses. At Beijing’s most important annual political meetings held in March this year, the Director of Continue reading »
Penny Wong has a new mantra for Australia China relations. Foreign Minister Penny Wong previously said, “Co-operate with China where we can, disagree where we must.” This week, she has told the press that in her meeting with her Chinese counterpart Wang Yi she described her outlook as “Australia will be Australia; China will be Continue reading »
“We have nothing to add,” the FBI said, when asked for evidence of TikTok’s actual threat.
The post TikTok Threat Is Purely Hypothetical, U.S. Intelligence Admits appeared first on The Intercept.
Beijing has been slow to address the visa and e-payment woes of foreign travellers, and some officials remain complacent about the exodus of foreign investment. China’s Luckin Coffee, founded in 2017, is the country’s largest coffee chain, with more stores and higher revenue than Starbucks. Its cashless grab-and-go model, where customers order on the app Continue reading »