The China Internet Finance Association has signed a joint statement with the China Banking Association and China Payment and Clearing Association, warning the public about the risks of investing in …
Monthly Archives For May 2021
China Accuses Biden Administration of Suspicious Intentions After Plan to Donate Millions of COVID Shots
During a press conference on Tuesday, Chinese Foreign Ministry spokesperson Zhao Lijian, “It is despicable that the U.S. makes an issue out of China whenever the topic of vaccines is brought up. It …
SEG Plaza evacuation: Shaking China skyscraper sends shoppers fleeing
A skyscraper of more than 70 storeys has been evacuated after it started to shake, sending shoppers scrambling for safety in the southern Chinese city of Shenzhen. Local authorities do not yet know …
U.S. lags behind Russia and China in sharing COVID-19 vaccines to struggling nations in need
While about 37% of Americans are fully vaccinated, many nations struggle to get vaccines and have turned to other world powers like China and Russia to secure doses. President Biden on Monday …
As U.S. donates 20 million more vaccine doses globally, some countries turn to Russia, China
Despite the U.S. announcing it will share 20 million more doses of COVID-19 vaccines with the world in the coming weeks, global disparities in distribution have grown more evident. As Holly Williams …
China bans financial, payment institutions from cryptocurrency business
China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading …
Human rights groups call for total boycott of Beijing Olympics
The groups, which represent Uyghurs, Tibetans and residents of Hong Kong, issued a statement advocating for a boycott instead of negotiating with the International Olympic Committee.
Groups join in new call for full boycott of Beijing Olympics over alleged human rights abuses
A group of organizations officially called for a complete boycott of the 2022 Winter Olympics in Beijing on Monday over allegations of human rights violations against China, one day before a joint …
Gogoro strikes deal with Yadea and DCJ to build a battery-swapping network in China
Less than a month after announcing a partnership with India’s largest two-wheeled vehicle maker, Gogoro is taking another big step in its global expansion plans. This time the market is China, where …
How Apple reportedly gave up control of iCloud for business growth in China
China is one of the biggest markets in the world for Apple’s products. In its recent quarterly results, the company registered a whopping $17.7 billion in iPhone sales in the region. However, this ste …
Covid-19 prompts surge in China’s exports of oxygen concentrators
Before the pandemic, China’s output of oxygen concentrators was increasing steadily, growing from around 200,000 in 2014 to around 1.5 million in 2019 to meet rising domestic demand. Then came the …
More areas classified as COVID-19 medium-risk in China’s Shenyang
Shenyang, capital of northeast China’s Liaoning Province, raised its COVID-19 alert level from low-risk to medium-risk in three residential communities, local authorities said on Tuesday. Three …
China’s Shenyang expands nucleic acid testing to stem new COVID-19 cases
Shenyang capital of northeast China Liaoning Province has expanded the scope of nucleic acid testing following new cases of COVID …