As the U.S. and China tussle over high-profile trade disputes and geopolitical tensions, a scuffle in yet another arena — the securities market — has been brewing and threatens to boil over soon, say experts. U.S. securities regulators are frustrated in their efforts to go after Chinese companies that listed on U.S. stock exchanges through […]
The remote district of Rovieng was once a battleground between Cambodian government troops and Pol Pot‘s genocidal Khmer Rouge. Unexploded bombs still lurk in its fields and forests. So does something more desirable – iron ore – and supposedly in such huge quantities two Chinese companies have an $11-billion plan to extract it. Their proposal – […]
China and the United States are on a collision course — over accounting. Last week, the U.S. Securities and Exchange Commission (SEC) charged the Chinese affiliates of the world’s top five accounting firms with violating securities laws for refusing to hand over information on suspect Chinese companies to investigators. The move is the latest, most dramatic step […]
Whilst the economic data shows at least some signs of an anaemic turnaround, China’s corporate results are demonstrating just how difficult things have been. China’s companies are busy reporting their 3rd quarter 2012 results and there have already been some disappointing results – pretty much explained by the general slowdown. Connected to this however, a worrying […]
On Oct. 8, the House Select Intelligence Committee released a report on the cybersecurity threat posed by China‘s Huawei and ZTE, the world’s second- and fourth-largest telecommunications suppliers. The report, which described the companies as potential espionage risks and asked the U.S. government and U.S. firms to refrain from doing business with them, drew an angry response […]
In a high-stakes game marrying geopolitics with big business and international espionage, is turnabout fair play? According to one very opinionated corner of the Chinese Internet, the answer is a resounding yes. Yesterday, the U.S. House Permanent Select Committee on Intelligence released a report casting a heavy shadow over Chinese telecom behemoths Huawei and ZTE. […]
China rejected on Tuesday as “groundless” U.S. accusations that two top Chinese telecoms equipment makers posed a security risk. The U.S. House of Representatives‘ Intelligence Committee urged American companies on Monday to stop doing business with Huawei Technologies Co Ltd and ZTE Corp., warning that China could use equipment made by the companies to spy on […]
looking beyond borders 