China’s Social Credit System

HONG KONG (Reuters) – Washington and Beijing have reached an agreement allowing U.S. auditors to inspect China-based accountants, the first step in a process that could prevent around 200 Chinese companies being kicked off American stock exchanges. SAMUEL SIEW, MARKET SPECIALIST, CGS-CIMB, SINGAPORE “This is seen as a positive first…

By constantly ‘poking the panda’ over Taiwan, the US will cause a conflict ‘which will explode in our faces’, the former foreign minister says But while deteriorating US-China ties is leaving Singapore ‘caught between a rock and a hard place’, Yeo says it is not the city state’s place to…

The increasing frequency of extreme climate events and the transition to low-carbon energy will spur demand for storage facilities and digital power grid management systems, say analysts...Read More

Tokyo aims to double its defence outlays over the next five years that could propel it from ninth in the world for military spending to a third spot behind the US and China...Read More

Shanghai Institute of Applied Physics (SINAP) has been given approval by the Ministry of Ecology and Environment to commission an experimental thorium-powered molten-salt reactor. This is the first molten salt nuclear reactor since the US shutdown a test reactor in 1969. The TMSR-LF1 will use fuel enriched to under 20%…

Finding a reliable payments venue with fast execution that you can trust these days is not easy, especially in Southeast Asian market. While there is no shortage of options in this region as well as China, the need for payment processors with low fees is always as a premium. Businesses…

Joerg Wuttke, president of the European Union Chamber of Commerce in China, explains what he sees as major challenges to foreign businesses in Xi Jinping’s China. Below is a transcript of the video: Lizzi: Joining me today is Mr. Joerg Wuttke, president of the European Union Chamber of Commerce in…

Beijing has extended electricity restrictions to a number of factories, residential areas, and shopping centers to secure energy resources amid China’s strongest heat wave in six decades. Manufacturers such as Volkswagen, Toyota, and Foxconn have suspended operations in Sichuan, a southwestern province of 84 million people and a critical hub…

NEW DELHI: China seemed to be opening its doors finally for Indian students and other visitors as it announced on Monday an updated visa application procedure that will ease the Covid-induced visa ban. The revised policy will come into effect on August 24. India had repeatedly called upon Beijing to…

Issued on: 22/08/2022 - 17:21Modified: 22/08/2022 - 17:22 01:59 Rockets carrying chemicals used for cloud seeding are fired into the sky in Suizhou, Hubei province, China. © CCTV / AFP Video by: Sam BALL China has turned to cloud seeding in attempt to induce rainfall as it struggles with one…