Faced with budget constraints, Chinese tax collectors are attacking companies
BEIJING (AP) — Chinese authorities are collecting decades-old tax arrears from companies and individuals as the government tries to plug massive budget deficits and deal with a growing debt crisis. More than a dozen listed Chinese companies said they had…
Television gold? When Hong Kong’s TVB and ATV fought for the broadcasting rights of the 1988 Olympic Games in Seoul
“Television Broadcasts Limited (TVB) is seeking an injunction from the Supreme Court to share broadcasting rights for the 1988 Seoul Olympics with Asia Television Limited (ATV),” the South China Morning Post reported on August 9, 1988. “TVB argued that it…
China wins gold in synchronized swimming at the Paris Olympics, where the sport made progress even without Russia
SAINT-DENIS, France (AP) — China won gold in the synchronized swimming team event on Wednesday night. Olympic Games in Pariswith the USA taking silver and Spain taking bronze. China dominates in the absence of Russiawho had won all gold medals…
US destroyer hints at encounter with Russia and China near Guam
A Facebook post by a U.S. warship pointed to an encounter with Chinese and Russian warships last month near Guam, the American military center in the western Pacific, but the reference was later deleted. In a video released on Tuesday,…
China arrests woman for defamatory comments about Olympic athletes
Beijing — Police in Beijing said they had arrested a woman for posting defamatory comments about athletes and coaches online following the women’s table tennis singles final at the Paris Olympics. The 29-year-old woman surnamed He “maliciously fabricated information and…
Chinese high-tech companies dominate the Fortune Global 500 2024
The Fortune Global 500 2024 list by US financial news service Fortune underscores the rapid rise of Chinese companies on the world stage. The list features 133 Chinese companies. The remarkable rise of Chinese internet and electric vehicle companies underscores…
China makes progress toward self-sufficiency in chip tools, but lithography remains a bottleneck
While U.S. export restrictions on China’s access to advanced chips and technologies have boosted local efforts to replace foreign chip manufacturing facilities, bottlenecks remain, industry insiders and analysts say. Leading Chinese tool manufacturers such as Naura Technology and Advanced Micro-Fabrication…
Beijing, Manila and allies launch drills near South China Sea crisis | News from the South China Sea
The Chinese military is in turmoil in the contested Scarborough Reef, while the Philippines holds war games with the US and other Western allies. The Chinese military has launched military exercises near an area in the South China Sea over…
