Shares in Chinese ride-hailing giant Didi slumped by more than 11% in New York on Thursday.It comes after a report that regulators in Beijing are considering serious penalties for the company.Didi …
Monthly Archives For July 2021
Beijing Tourism Co. Wants More Info In $1.4M Award Dispute
A Chinese tourism company has urged a Massachusetts federal court to reject a hot air balloon manufacturer’s “dubious statements” in response to discovery requests, asking that the court compel the …
China cryptocurrency miners plot next moves to evade crackdown
Cryptocurrency diehards are betting they can continue to thrive under Communist Party oversight by shifting into lesser-known tokens.
Taishan Nuclear Power Plant: Situation in China serious enough to warrant shutdown, warns French co-owner EDF
The French power company that co-owns a nuclear plant in China would shut it down if it could, due to damage to the fuel rods, a spokesperson said — but the decision is ultimately up…
China’s Xi visits Tibet for first time as president
China’s President Xi Jinping visited the Tibet Autonomous Region on July 21-22, according to the official Xinhua news agency, in his first recorded visit as leader of the nation. Xi flew into the …
Didi shares fall on reports China is planning penalties
Shares in Chinese ride-hailing giant Didi slumped by more than 11% in New York on Thursday. It comes after a report that regulators in Beijing are considering serious penalties for the company. Didi …
Scientist Gets 5 Years For Exporting Semiconductors To China
A California federal judge sentenced a Los Angeles man to over five years in prison Thursday after a jury found him guilty of participating in a scheme to illegally export integrated circuits with …
China Telecom Set for 2021’s Biggest Share Sale After U.S. Ban
Half a year after being booted off the New York Stock Exchange, China Telecom Corp. has received regulatory approval for a primary share sale in Shanghai that is set to be the world’s biggest so…
China reports 48 new COVID-19 cases on July 22 vs 50 a day earlier
China reported 48 new COVID-19 cases in the mainland on July 22, down from 50 cases a day earlier, the country’s national health authority said on Friday. The number of new asymptomatic cases, which …
We cannot give China veto power over the investigation into Covid-19’s origins
It is shocking that more than 18 months after the initial Covid-19 outbreak, there is still no international process in place to fully investigate the origins of the pandemic — nor is one planned, …
Beijing Rejects W.H.O. Probe on COVID-19 Origins
It comes as the lab leak scenario has gone from being a conspiracy theory to a credible possibility in the U.S. intelligence community.
With China closed to international tourists, travel businesses that serve them have adapted to survive – and even thrive
China shut its borders when the coronavirus epidemic emerged, and tourism dried up. When local travel revived, bespoke tour companies changed their itineraries to suit locals and expats stuck there.
With eye toward Beijing, NHL releases 2021-22 schedule with Olympic break in place
With no guarantee the NHL will send players to the 2022 Winter Games, the league also sent teams a schedule without a break built in.