Severing EU-China ties would cost Germany six times as much as Brexit August 8, 2022 Severing ties between the European Union and China would cost Germany six times as much as Brexit, reveals a new study published today. The country’s automotive industry, among the biggest contributors to Germany’s top line GDP, would shrink nearly nine per cent if the EU cut trade links with Beijing, according to the IFO Institute. [...]
Apple asks Taiwan suppliers to label products as ‘Made in China’ August 8, 2022 Apple yesterday asked Taiwan-based suppliers to use the ‘made in China’ label, as the firm reportedly wants products to comply with Bejing rule in a bid to avoid disruption from Chinese customs inspections. According to Nikkei, the company wants manufacturers on the island to label components bound for China as made in “Chinese Taipei” or [...]
Oil prices tumble as demand dips amid weak manufacturing data from China August 1, 2022 Oil prices dropped sharply across both major benchmarks, as weak manufacturing data from China and Europe weighed down demand.
Ollie Phillips: Why I am taking on the China Sevens coaching job July 29, 2022 I’ve spent a lot of my life involved in rugby sevens but I haven’t taken on many challenges as big as the one I have just embarked on with China. I am heading up the coaching team for China’s sevens programme, and will be heading out there shortly for the next few months. I am [...]
Latest Chinese economic data sends shockwaves through Asia as world’s second-largest market shrinks July 15, 2022 After Shanghai and other cities shut down to fight coronavirus outbreaks, China’s economy contracted in the three months ending in June compared with the previous quarter. The world’s second-largest economy shrank by 2.6 per cent, down from the January-March period’s already weak 1.4 per cent, official data showed today. Activity was “much weaker than expected”, [...]
London’s Royal Albert Docks: PwC liquidators brought in after Chinese firm severed from development deal July 14, 2022 Administrators have been called in to liquidate firms involved in a major regeneration project at the Royal Albert Docks. PwC appointed three joint liquidators for 23 firms within the east London site, after the China-based ABP Group failed to pay creditors over the last two years. Mayor Sadiq Khan tore up an agreement with ABP, [...]
Barclays on the hunt for Chinese banking partner to enter $4.3tn asset management market July 14, 2022 Barclays is on the hunt for a Chinese Banking partner as it looks to grow its footprint into the Chinese asset management market, according to reports today.
MPs call for government crack down on Chinese CCTV surveillance from Hikvision and Dahua July 4, 2022 MPs have called on the government to ban sale and operation of widely-used CCTV brands linked to human rights abuses in China.
Government outlines plans to block ‘foreign influences’ from compromising UK universities June 13, 2022 The UK government is seeking to protect universities from “undue foreign influences that work against British values,” by forcing higher education institutions to report the financial links they have with individuals or organisations from overseas. The new rules, which could be introduced as part of an amendment to the Higher Education (Freedom of Speech) Bill, [...]
Remembering the legacy of Tiananmen is our duty as China censors history June 5, 2022 As Brits celebrated the Platinum Jubilee, a much more sombre event was taking place in the capital, as Hongkongers and the wider Chinese diaspora gathered on Saturday to commemorate the Tiananmen Square massacre in Beijing. With vigils taking place throughout the city, people set out to remember the 33rd anniversary of the massacre on June [...]