Volkswagen Seeks to Regain Edge in China as It Cuts Delivery Forecast
The German automaker lowered its outlook for deliveries and announced changes to its China strategy as it struggles to regain ground lost to other automakers.
Posted inChina Espionage and Intelligence Services Science and Technology Senate TikTok (ByteDance) United States Economy United States International Relations United States Politics and Government
Senate Targets China, Voting to Restrict Farmland Purchases and U.S. Investment
Senators voted overwhelmingly to block Chinese businesses from buying farmland and mandate that American investment in the country’s national security industries be tracked.
Posted inBanking and Financial Institutions China Currency Foreign Investments Pan Gongsheng People's Bank of China Politics and Government Renminbi (Currency)
Pan Gongsheng Named Head of Chinese Central Bank
Pan Gongsheng, who was named governor of the People’s Bank of China after overseeing $3 trillion in reserves, stopped a currency plunge in 2016.
Posted inChina Economic Conditions and Trends Entrepreneurship Foreign Investments Politics and Government Wen Jiabao
China’s Government Offers Love, but Entrepreneurs Aren’t Buying It
The government’s new 31-point guidelines meant to inspire confidence feel empty to businesspeople after a three-year clampdown and no concrete changes.