HONG KONG — H&M disappeared from the internet in China as the government raised pressure on shoe and clothing brands and announced sanctions Friday against British officials in a spiraling fight over … ( read…
Monthly Archives For March 2021
China potential economic output may grow 5%-5.7% over 5 years: central bank working paper
China’s potential economic output is expected to grow 5%-5.7% over the next five years, according to a central bank working paper published late on Thursday. In China’s 2021-2025 economic plan … ( read original story…
Beijing offers home-made coronavirus vaccines to foreigners
In its notice on social media, the city did not identify the vaccines to be given to non-Chinese but said they would make use of ”inactivated” coronavirus, killed to ensure it cannot infect people but…
China’s Bank of Communications Q4 profit jumps 49%, beats estimates
China’s Bank of Communications Co Ltd (BoCom), booked a 49.2% jump in fourth-quarter net profit, its first profit gain in three quarters. ( read original story …)
China’s dual-listed tech giants lost $60 billion in market value over three days as delisting threats loom
To exacerbate matters, China’s tech firms are also facing potential challenges domestically as Beijing seeks to regulate the sector and establish new rules in industries ranging from financial … ( read original story …)
China sanctions Britons after UK joins EU move on Xinjiang
China announced sanctions on British individuals and entities Friday following the U.K. The move was the opening salvo in its latest full-bore response to criticism and sanctions from the West. A … ( read original…
China Developer Yuzhou’s Woes Deepen After Profit Warning
Concerns about Yuzhou Group Holdings Co.’s financial health are intensifying, after a profit warning from the Chinese property developer sent its bonds and shares tumbling this week. ( read original story …)
Ukraine cut export of rapeseed oil on lower demand from China
Ukraine exported 102.3 thsd tonnes of rapeseed oil in July-February of 2020/21 MY, official data says. Shipments declined from 179.7 thsd tonnes over the same period of the preceding season. The main … ( read…
Crypto-art craze reaches China at ‘NFT’ exhibition
Bitcoin-inspired paintings and nightmarish faces conjured up by artificial intelligence, the global craze for “NFTs” — virtual authenticity certificates — swept into Beijing on Friday as curators … ( read original story …)
China’s Quora-like startup Zhihu raises $523m in US IPO despite uneasy ties
Chinese question and answer website Zhihu Inc raised $523 million in its US initial public offering (IPO) after pricing its shares at $9.50 each, according to two sources with direct knowledge of the … (…
China gave 91.35 million doses of COVID-19 vaccine by Thursday
BEIJING (Reuters) – China administered 91.35 million doses of COVID-19 vaccines by March 25, the National Health Commission said on Friday, up from a figure of about 85.86 million by March 24. A … (…
China to impose anti-dumping measures on Australian wine imports
China’s will impose anti-dumping measures on some Australian wine imports from March 28 for five years, the Ministry of Commerce said in a statement on Friday. Importers bringing in wines related to … ( read…
China’s Beijing offers home-made coronavirus vaccines to foreigners
China’s capital of Beijing has started offering domestically developed COVID-19 vaccines to foreigners, the city’s foreign affairs office said on Friday. Foreigners without the city-backed insurance … ( read original story …)