Defying sanctions, Russia has obtained nearly $4 billion in restricted chips since the war began in Ukraine. Many were shipped through a cluster of shell companies in Hong Kong.
Category: China
-
China Unexpectedly Cuts Interest Rate as World Markets Sag
The central bank lowered a key rate in its latest effort to steady China’s economy, as Asian stock markets followed Wall Street down.
-
Ukraine Presses China to Help Seek End to War With Russia
A visit by the foreign minister of Ukraine to Guangzhou this week signals Kyiv’s desire to involve Beijing in peace talks that China has thus far largely snubbed.
-
China Shows Few Signs of Tilting Economy Toward Consumers in New Plan
The Communist Party rebuffed calls from economists to shift away from investment-led growth and toward consumer spending.
-
7 Takeaways From Our Investigation Into a Secret Investor in Jack Ma’s Companies
Behind the scenes, China’s most celebrated and its most notorious billionaires were linked through investments worth at least $1 billion.
-
The Billionaire Criminal Who Secretly Profited Off Jack Ma’s Deals
Confidential documents show that Xiao Jianhua, a corrupt investor tied to China’s political elite, backed the country’s most successful and revered entrepreneur.
-
How Elon Musk’s Companies Might Benefit From Donald Trump
Space, electric vehicles, artificial intelligence: The tech mogul could influence policy in these areas and others should Donald Trump win re-election.
-
China’s Leaders Offer High Hopes, but Few Details for Road to Recovery
Top officials emerged from a high-stakes meeting about lifting the economy out of its malaise with few signs of a fundamental rethink.
-
China Is Holding a Major Meeting on the Economy That You Can’t Watch
President Xi Jinping will preside over a conclave to draft a new economic program. The stakes are high, but expectations for big changes are modest.
-
China’s Economy Slows as Housing Troubles Squeeze Spending
After a strong start to the year, spending has weakened as a real estate downturn weighs on consumers and companies. Communist Party leaders are meeting this week to discuss what to do about it.
-
China Reaches Record Trade Surplus, Raising Alarm Abroad
China’s factories have begun an export blitz, prompting worries around the world about the effect on economies elsewhere.