BEIJING (Reuters) -Chinese premium electric vehicle maker Nio Inc, which now counts BMW and Audi as rivals, is working on a mass-market new brand that will be positioned similar to Volkswagen and …
Monthly Archives For August 2021
China administered total of 1.82 bln doses of COVID-19 vaccines as of Aug 11
COVID-19 vaccines on Aug. 11, bringing the total number of doses administered to 1.82 billion, data from the National Health Commission showed on Thursday. (Reporting by Beijing newsroom; Editing by …
Over One Million Entrepreneurs Attend 2021 China Unicorn Carnival Online
Economic experts around the world are touting unicorn and gazelle companies’ contributions to the global economy. These companies are expected to play important roles in the post-pandemic era. To …
China’s get-tough approach to big business will continue for years
China’s big crackdown on business appears far from over. Top leaders from the ruling Communist Party on Wednesday laid out a blueprint for how they plan to continue tightening the regulatory screws on …
China Mobile Posts 6% Rise in Profit on Strong Jump in 5G Users
China Mobile Ltd., the world’s largest wireless carrier by subscribers, reported a 6% rise in profit for the first half of this year, boosted by new 5G users and cost-paring efforts.
Feature: Mother with COVID-19 gives birth to triplets in China
A pregnant woman with COVID-19 Wednesday morning gave birth to triplets in the quarantine area of a designated hospital in southwest China’s border city of Ruili, the Yunnan provincial health …
Over 1.8 bln doses of COVID-19 vaccines administered in China
BEIJING. KAZINFORM – More than 1.8 billion doses of COVID-19 vaccines had been administered in China by Tuesday, the National Health Commission (NHC) said Wednesday, Xinhua reports.
From ‘positive energy’ to ‘chaos’: how China’s online fan clubs became a target of Beijing’s crackdown
The crackdown marks a change in Beijing’s attitude towards fan culture, which was hailed by state media a year ago as a vehicle that promoted spontaneous groups of ‘positive energy’.
Traders Seeking China’s Next Target Focus on Pets, Beauty Brands
For investors in China seeking clues as to how far President Xi Jinping’s widening crackdown will go, any sector deemed to be of national interest could be in the crosshairs.
China says crackdown on business to go on for years
It says new rules will be introduced covering areas including national security, technology and monopolies in the world’s second largest economy. The plan comes soon after Beijing started targeting …
Asia Stocks Dip on Wider China Curbs, Virus Spread: Markets Wrap
Asian stocks were mixed Thursday as China’s regulatory push sapped sentiment, overshadowing a Wall Street record on easing inflation that reduced concerns about an imminent pull back in Federal …
China sends 70,000 party workers to help city stricken by Covid-19
Vice-premier Sun Chunlan has warned that the situation in Yangzhou is not yet under control and called for stricter measures.
China dismisses Canadian protests over cases tied to Huawei
China on Thursday dismissed Canada’s protests of harsh sentences handed down by Chinese courts to Canadians whose cases are seen as linked to the arrest in Vancouver of a top executive at Chinese tech …