China unveiled a new maglev train that it said can travel as fast as 373 mph, which would make it the fastest land-based transportation vehicle in the world, according to multiple press reports.
Monthly Archives For July 2021
Severe floods hit China’s Henan province
Roads and subway stations have been submerged across China’s Henan province as heavy rain has brought severe floods. One region in Henan has recorded 40cm (15 inches) of rainfall. In Zhengzhou, the …
Busiest-Ever IPO Summer May Be Upended by Jittery Investors
Although IPO issuers have always been beholden to market swings, increased regulatory oversight is a new risk. Beijing’s July 10 announcement that almost all businesses trying to go public in another …
China airport reports flights disruptions after 9 workers test positive for COVID-19
The airport in Nanjing, capital of east China’s Jiangsu Province, has reported massive flights cancellations and delays after nine airport workers have tested positive for COVID-19. By 11 p.m. Tuesday …
China is pushing its own coronavirus lab leak theory in latest battle of narratives
Diplomats and state media are calling for US military base Fort Detrick to be investigated in a ‘new kind of tit-for-tat’.
Climate envoy says US, China must end world’s ‘suicide pact’
U.S. climate envoy John Kerry has called on China to join America in urgently cutting greenhouse gas emissions and described the international alliances that rebuilt Europe after World War II as a mod …
Chinese Versus Foreign Perception Of China Diverges
Asian equities were a sea of red though the Philippines, Indonesia, and Pakistan missed the “fun” due to market holidays. Foreign investors were active in the Mainland market, buying $472mm of stocks …
China to regulate application of human-assisted reproductive technology
China will tighten supervision of human-assisted reproductive technology and related applications, according to a newly released decision on improving birth policies to promote long-term balanced …
After The DIDI Tantrum: Will The Taxi Company That Calls Itself A “Mobility Technology Platform”Ever Make Money?
Didi is a taxi company that has decided to call itself a “mobility technology platform.” Alibaba is essentially a merchant bank. Alibaba has become the premier financier for the private sector and as …
COVID-19: Export orders expand for 16th month
The US was again the biggest source of export orders, which rose 7.8 percent month-on-month and 24 percent year-on-year to US$16.48 billion, it said. China followed at US$14.43 billion, up 1.5 percent …
China Roundup: What’s going on with China’s data security clampdown?
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. More details of China’s new …
US-China tech war: who is the little-known Chinese firm in the crosshairs of US for alleged cyberattacks?
Hainan Xiandun is alleged to be behind targeted cyberattacks on the US and other countries between 2011 and 2018.
What are the hacking accusations against China?
Several countries accuse ‘cyber actors’ backed by Beijing of hacking the Microsoft Exchange email server, as allegations of Chinese cyberattacks mount.
