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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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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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, […]
Read MoreLast 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 […]
Read MoreForeign 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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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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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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Lambert here: Makes our own Civil War look like a blip. However, at least some of the conclusions seem to be borne out for our Civil War, too: Increase in state capacity, for example. By Lixin Colin Xu, Lead Economist, Development Research Group, World Bank, and Li Yang, Postdoc, Paris […]
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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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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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Mining for cryptocurrencies such as Bitcoin and Ethereum requires a lot of mining machines which obviously require a lot of power. A school headmaster thought he had found a way to continue mining for Ethereum without racking up his power bill. He just hooked up the machines to his school’s […]
Read MoreSecretary 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 […]
Read MoreDrones have become a popular toy for hobbyists and in some cases vital tools for various professions, but could they ever save your life? A group of design students in China think so, and they’ve developed a concept they call “Net Guard” that turns drones into life-saving guardian angels. The idea here is that a […]
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Over in China, the country’s government has deployed certain hi-tech measures to track people in the country, such as by using facial recognition systems to identify wanted suspects who might still be at large. Now it looks like things will be getting harder for wanted criminals as authorities have recently […]
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Enlarge / When he left the CIA in 2011 to become secretary of defense, Leon Panetta (right) was leaving in the midst of a huge crisis for the CIA, according to a Yahoo News report: a breach in communications had exposed dozens of CIA assets in Iran and China. Central Intelligence Agency reader comments 31 […]
Read MoreEnlarge / 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 […]
Read MoreThe history of Android is peppered with the occasional dual-screen phone, but none of them have made an impact beyond shock value. None of those secondary screens have solved a problem well enough to be a success, but Nubia is the latest to try with the Nubia X. This phone has a 6.26-inch LCD on […]
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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 […]
Read MoreA 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 […]
Read MoreThe 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, […]
Read MoreApple has issued an apology after a phishing scam hit some of its users in China, where the company says a “small number” of Apple IDs were improperly accessed and hackers even managed to use them to make purchases of as much as 2,000 yuan — the equivalent of $290. “We are deeply apologetic about […]
Read MoreThe revived Nokia under HMD started with just a few phones a couple of years back, but now it seems to launch a new device every other day. The new Nokia X7 is official in China with almost-flagship specs and a competitive price. You might be able to get the same piece of hardware elsewhere […]
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