Tag: china foreign investment

Aftermaths of the Shanghai Lockdown Linger

On June 1, Shanghai lifted its two-month-long Covid lockdown, declaring that work and production would resume, except in the “controlled areas” where residents still undergo regular nucleic acid testing. As a result of Beijing’s zero-Covid policy, some commentators believe that residents and businesses alike have reflected on the impact of the communist authority’s extreme measures…


Foreign Investment Into China Fell by More Than 60 Percent in Q1

News Analysis After the U.S. Securities and Exchange Commission (SEC) tightened its supervision of China concept stocks and U.S.-China relations worsened further following the outbreak of the Russian-Ukrainian war, foreign investment into China has plummeted by more than 60 percent in the first quarter of 2022 compared to the same period last year. According to…


PM Defends Defence’s Delayed Exit From Chinese-Owned Data Centre

Australian Prime Minister Scott Morrison has defended the Department of Defence’s exit from a Chinese-owned data centre. Defence made plans in 2017 to migrate all its data into a secure, government-owned facility by 2020, after the UK-based Global Switch owners sold a 49 percent stake to Chinese consortium Elegant Jubilee in Dec. 2016. However, the…