A mainland lawyer working for the family of one of 12 Hong Kong people detained in Shenzhen said on Wednesday that he expects all of the detainees to be back in the SAR soon. Lu…
Monthly Archives For December 2020
China’s Kuaishou and Motion Magic Take Further Steps Towards IPOs
Chinese social media firm Kuaishou and post-production and VFX company Motion Magic Digital Entertainment have both taken further steps towards initial listing of their shares. Kuaishou, which may … ( read original story …)
China extends stimulus measures for small businesses — a sign the recovery is not yet complete
The Chinese government said Tuesday that two measures for supporting growth in the wake of the pandemic would be extended further into next year. ( read original story …)
On China’s coronavirus front line, not everyone wants a vaccine – just yet
Sinovac might release its phase 3 human trial data on Wednesday but little else is known publicly about the vaccine candidates. ( read original story …)
China to bring in law against food waste with fines for promoting overeating
Inspired by Xi Jinping’s ‘operation empty plate’, new law means restaurants will be able to charge patrons for leaving leftovers … ( read original story …)
XCMG Named as One of the World’s 500 Most Influential Brands, Shares Green Recovery Experience
PRNewswire/ — XCMG (000425.SZ), one of the world’s top construction machinery manufacturers, has been named one of … ( read original story …)
China stocks rise on policy support; EV shares lead gains
China shares rose on Wednesday, led by gains in manufacturers and suppliers of electric vehicles, as investors were assured that policymakers would avoid sudden policy tightening in 2021 to support an … ( read original…
China Struggles to Keep the Lights On Amid Sky-High Demand
China’s roaring industrial rebound from the pandemic has an unforeseen consequence — the surge in power demand has left factories, office buildings and street lights in some areas straining under an … ( read original…
Hong Kong fourth wave: Beijing ‘highly concerned’ by city’s Covid-19 situation, as daily tally expected to dip to about 50 cases
While a medical source expected the city to log its lowest daily figure in about a month, National Health Commission calls for ‘precise infection-control plans’. ( read original story …)
European tech accuses US of using sanctions to shut it out of China
European tech executives and diplomats are accusing the US of using its sanctions regime to shut them out of the Chinese market while offering exemptions for American companies. Over the past two … ( read…
U.S., China charge toward ‘full-blown cold war’ as Beijing becomes more aggressive
Beijing has doled out well over $100 billion in loans to more than 100 countries to finance roads, bridges, ports and rail lines. U.S. officials accuse China of engaging in predatory lending by … (…
China Shouldn’t Withdraw Stimulus Rapidly, World Bank Warns
China should maintain accommodative monetary policy and avoid any “significant contraction” in fiscal policy next year to keep its economic recovery from the Covid-19 pandemic on track, according to … ( read original story …)
Elderly 2.0: China Looks To Tap Digital ‘Silver Dollar’
Undeterred, he’s enrolled in a training session — sort of a “mobile phones 101” — that is part of China’s plans to help its legions of pensioners keep up in a fast-developing digital economy. “I…
