US lawmakers are urging the Biden administration to block suppliers from selling chip making equipment to Huawei Technologies Co, citing concerns about the sanctioned Chinese company's progress in semiconductor manufacturing. In a letter to Secretary of Commerce Gina Raimondo, they highlight
As per the advisory, firms operating in Hong Kong face potential legal, regulatory, operational, financial, and reputational risks, including of increased scrutiny, potential financial penalties, and legal actions for perceived violations of the NSL or the SNS Ordinance.
The New York Stock Exchange and the Nasdaq Stock Market have increased scrutiny on small to midsized Chinese firms preparing to release the shares of Initial Public Offering (IPO), in a move aimed to protect investor interest and excessive volatility caused by these IPOs, Nikkei Asia reporte
The United States has imposed sanctions on three Chinese companies for supplying missile-applicable items to Pakistan's ballistic missile programme, the State Department said on Friday.
Pakistan State Oil, Oil and Gas Development Co., Pakistan Petroleum Ltd., and Government Holdings Private Ltd. signed three MoUs to raise the required local equity, while the EPC agreement was inked with China National Offshore Oil Corp. and Pakistan’s Monarch International, Arab News report
The city's finance bureau said in a Friday statement published by the official Changjiang Daily newspaper that a total of 259 companies and entities owed it more than 100 million yuan (USD 14 million) combined. It urged them to pay their overdue debts as soon as possible.
Balochistan province turned out to be an ATM for Chinese companies but it still remains an impoverished region with a per capita GDP under USD 1,000, which means that the residents are getting nothing. Under the agreement signed in 1995, 46-48 per cent of revenue was given to MCC, 53 per cen