Finnish network equipment maker Nokia has won part of three new 5G mobile phone technology contracts with Chinese telecom operator China Mobile, local media Helsingin Sanomat reports. China Mobile …
Monthly Archives For July 2021
Overseas demand for Chinese ginger is limited because the export price is too high
In other words, supply exceeds demand, and that is why ginger export is under a lot of pressure.” This is according to Mr. Cao Shuming of Shandong Anqiu Yiming Fresh Ginger Processing Factory. China …
Didi shares drop on report China is planning unprecedented penalties
Bloomberg News reported China is planning a slew of punishments against Didi, including a fine likely bigger than the record $2.8 billion that Alibaba paid, …
12 dead in flooded subway car as China experiences record rainfall
China is battling severe flooding in Central Henan province that has resulted in 25 deaths. CBS correspondent Ramy Inocencio reports 12 of those people died on flooded subway cars.
China Says U.K. ‘Flexing Muscles’ After Britain Commits Two Warships to Asia
The Chinese Foreign Ministry said it opposed military signaling against China after Britain said it would permanently deploy two warships to Asia.
More than 90% of adult Beijing residents fully vaccinated against COVID-19
China’s capital Beijing has fully vaccinated nearly 91% of its adult residents against COVID-19, data from the municipal government showed, as the country expands its nationwide vaccination efforts.
China is ahead of other developed countries in retail central bank digital currency: PwC
Henri Arslanian of PwC says China has seen the volume of digital currency transactions at $5.3 billion – putting it way ahead than other advanced economies — while others are just entering the digital …
China’s Evergrande Soars After Sorting Out Frozen Assets Dispute With Guangfa Bank
Shares of China Evergrande Group surged after the debt-ridden Chinese real estate developer announced that it had reached a consensus with China Guangfa Bank over a frozen assets dispute. Evergrande …
Australia gets around wine war with China via soaring exports to Hong Kong
Hong Kong has emerged as a growing black market to cater to China’s thirst for Australian wine, after Beijing and Canberra’s diplomatic rift caused official supplies to drop by 97 per cent.The fallout …
China Weighs Unprecedented Penalty for Didi After U.S. IPO
Chinese regulators are considering serious, perhaps unprecedented, penalties for Didi Global Inc. after its controversial initial public offering last month, according to people familiar with the …
China weighs serious penalties for Didi after market debut – Bloomberg News
Chinese regulators are considering serious penalties for Didi Global Inc (DIDI.N) after the ride-hailing giant’s initial public offering last month, Bloomberg News reported on Thursday.
EXCLUSIVE China’s CCPC takes centre stage in Iran, Venezuela oil trade-sources
A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington two years ago for handling Iranian crude, …
China’s economic slowdown prompts Beijing to reaffirm commitment to opening up financial markets
China will step up its plans to further open up the financial industry to foreign investments as a means of shoring up its post-coronavirus economic recovery and to also help tackle the prospect of a…
