Tag: China

Disney Wins Chinese Approval for Fox Deal, Clearing Major Hurdle

LOS ANGELES — The Walt Disney Company said on Monday that Chinese regulators had unconditionally approved its purchase of 21st Century Fox assets, pushing the $71.3 billion deal closer to completion. Disney is still awaiting regulatory approval from a handful of countries, which a spokeswoman declined to identify. But none […]

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Another Season of Trouble in Sri Lanka

Over the past few weeks, Sri Lanka has faced a moral and political crisis that threatens to undermine hope for democracy. On Oct. 26, Maithripala Sirisena, the president of Sri Lanka, appointed Mahinda Rajapaksa, the polarizing former president who ran Sri Lanka from 2005 to 2014, to replace the incumbent […]

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An MMT View of “Twin Deficits”: Budget and Current Account Deficits

Originally published at New Economic Perspectives Invited Presentation by L. Randall Wray at the UBS European Conference, London, Tuesday 13 November 2018 Q: These questions about deficits are usually cast as problems to be solved. You come from a different way of framing the issue, often referred to as MMT, […]

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Showing: “Takashi Murakami In Wonderland” @ Perrotin Gallery (Shanghai)

Last week, Takashi Murakami In Wonderland opened at Perrotin Gallery’s Shanghai location, the Japanese artist’s first solo in China. For his largest gallery show to date in Asia, the Superflat movement founder has chosen to focus on the evolution of his signature “Mr. DOB” character who he states is used as a self-portrait after 20 years […]

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Foreign investor interest in China’s bonds and stocks is fading

Foreign investors are curbing their enthusiasm for Chinese assets. Purchases of the nation’s bonds by overseas funds grew last month by just 0.3 percent, the slowest pace since November and down from 7.7 percent in June, Bloomberg calculations based on data from the nation’s biggest clearing companies showed. Foreigners last week sold a record 17 […]

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U.S. Military’s Global Edge Has Diminished, Strategy Review Finds

WASHINGTON — The Pentagon’s new focus on threats from China and Russia after almost two decades of fighting terrorism “too often rests on questionable assumptions and weak analysis,” an independent bipartisan commission concluded in a sharply critical report issued on Wednesday that challenges President Trump’s commitment to supporting a strong […]

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Trade War Watch: Were the Auto Tariffs Ever Supposed to Be More Than a Threat?

The U.S. Commerce Department has submitted draft recommendations to the White House on its investigation into whether it’s prudent to impose tariffs of up to 25 percent on imported automobiles and parts, based on the premise that they’re a threat to national security. The possibility has the industry in a […]

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Young Activists Go Missing in China, Raising Fears of Crackdown

BEIJING — At least a dozen young activists who took part in a national campaign for workers’ rights in China are missing, friends said on Sunday, in what appeared to be an effort by the government to silence one of the most visible student protests in years. Unidentified men in […]

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Alibaba Had Another Big Singles Day. The Party May Not Last.

SHANGHAI — After 24 hours of frenzied buying and selling, and weeks of advertising and promotions before it, the Alibaba Group announced that its sales hit another titanic high on Singles Day, the Nov. 11 shopping festival that the Chinese e-commerce behemoth cooked up a decade ago. This time, as […]

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Pompeo, Mattis Air Differences with Chinese Counterparts on South China Sea, Taiwan

Secretary of State Mike Pompeo and Defense Secretary Jim Mattis met with their Chinese counterparts Friday at the State Department, with both sides expressing hopes for a cooperative relationship, but also airing significant differences. In many ways, it embodied the Trump administration’s new maxim with China: Competition does not mean hostility. In a nearly 40 minute […]

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New data shows China has “taken the gloves off” in hacking attacks on US

Enlarge / Well, that whole thing clearly worked out well, didn’t it? reader comments 11 Share this story Remember the good old days, when the US and China were supposedly working out new norms for the cybers, and China was going to stop all that hacking of US companies to steal intellectual property? It turns […]

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Russia’s only aircraft carrier damaged as its floating dry dock sinks

reader comments 10 Share this story The Russian aircraft carrier Admiral Kuznetsov at the PD-50 floating dry dock of Shipyard 82 on a previous visit to the yard in 2006. The PD-50 floating dry dock of the shipyard sank while the Russian aircraft carrier Admiral Kuznetsov was leaving it on the night of October 29 […]

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China Mocks Report Claiming Trump’s iPhone Hacked: ‘Use Huawei’

A spokeswoman for the Chinese Foreign Ministry on Thursday responded to a New York Times claim that foreign spies hacked President Donald Trump’s iPhones by cheekily suggesting Trump should purchase a better smartphone from China’s Huawei corporation. Foreign Ministry spokeswoman Hua Chunying set out to mock the NYT report on Thursday and dismiss all charges […]

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Mastrangelo: ‘Not in Vein’ Opioids Documentary Exposes the Need for Strong Border Security

The Dark Wire’s eye-opening new documentary, Not in Vein, illustrates how Mexican drug cartels utilize the porous border with America to their advantage, making billions of dollars and killing Americans at record rates in the process. The documentary provides a powerful testimonial to securing the southern border to combat the opioid crisis. The 44-minute documentary, Not in Vein, […]

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