China press review
China-US relations: is Beijing working a ‘long game’ to replace America as dominant world power? New book by Rush Doshi argues that, in the wake of Brexit, the election of Trump and the pandemic, China has been building foundations for its own world order.
China’s Anti-Foreign Sanctions Law: How Businesses Should Prepare: Businesses are assessing their risks following the passing of China’s Anti-Foreign Sanctions Law, as political and economic tensions between China and a number of foreign countries rise.
China urges tech companies to step up management of critical data exports: China’s Ministry of Industry and Information Technology (MIIT) said on Friday that big tech companies should step up the management of exporting “critical data” as well as their risk assessment of data security.
Beijing Cracks the Regulatory Whip: Shock moves by Chinese regulators towards swathes of the nation’s private sector have been roiling the nation’s stocks for weeks now, and spurred some hard thinking about whether there’s a whole new framework for economic policy.
China is injecting $150 billion into the economy — that may fuel a short-term rally, UBS says: The People’s Bank of China is set to cut the reserve requirement ratio by 50 basis points for all banks, a move that will release around 1 trillion yuan ($154 billion) in long-term liquidity into the economy.
Factbox: Cainiao Creates 200 Jobs in Belgium as it Kickstarts Hiring at its Smart-Logistics Hub in Liege Airport: Cainiao Network, Alibaba Group’s logistics arm, said in a recent statement that it will work with local partners to create 200 jobs for its smart-logistics hub at the Liege Airport in Belgium’s Wallonia region.