CHINA has punished dozens of mayors, health directors and other officials throughout the country for failing to get to grips with a Delta variant-fuelled COVID-19 outbreak amidst rising levels of …
Monthly Archives For August 2021
China’s Shenzhen sees plunge in resale home transaction volume – report
The city of Shenzhen, one of China’s hottest residential real estate markets, saw a 84.5per cent plunge in resale home transaction volume in July versus a year earlier, a state-backed newspaper …
The Next Olympics Are Sooner Than You Think: Beijing Winter Games Expected to Start in February
Games are scheduled to kick off in Beijing, which will become the first city to host both the Summer and Winter Olympics …
China Covid outbreak linked to Delta variant weighs on economy
China’s most severe Covid outbreak since last year has added to concerns over an economic slowdown in the country, as Beijing scrambles to contain a rise in cases linked to the highly transmissible …
Goldman downgrades China growth, citing delta variant
Goldman Sachs has cut its 2021 China growth forecast, citing the fast spread of the highly contagious delta variant of COVID-19, though the bank expects a rebound later in the year. “With the virus …
China’s Economic Risks Build as Delta Spreads, Prices Gain
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.China’s economic risks are building in the second half of the year, with growth set to slow while …
Private equity firms revise China strategy as regulatory crackdown widens
Private equity firms are rethinking their strategies in China as a widening regulatory crackdown on some of the country’s hottest sectors forces investors to scout for bets in other industries that …
China’s inflation steady in July despite floods, COVID-19 resurgence
China managed to keep prices of staple goods and production materials stable in July despite a resurgence of COVID-19 cases and severe floods that disrupted economic activities, official data showed …
China reports more COVID-19 cases; some cities kick off new tests
China reported on Monday more COVID-19 infections in its latest outbreak of the disease, while some cities added rounds of mass testing in the bid to stamp out locally-transmitted infections. The …
Tokyo’s Olympic Bubble? Wait Till You See Beijing’s.
Games, just six months away, China plans far more elaborate Covid-19 precautions than were taken at the Summer Olympics.
Alibaba’s #MeToo scandal is warning for China tech
Alibaba’s #MeToo moment rings loud alarm bells for China’s embattled technology sector at a bad time. The $534 billion e-commerce company was already under scrutiny for antitrust and other issues.
China Telecom eyes US$8.4 b Shanghai IPO, world’s biggest in 2021
China Telecom could raise more than US$8 billion in a Shanghai initial public offering (IPO) that would be the biggest this year, months after it was delisted in the US amid Washington’s stand-off …
China Telecom eyes US$8.4 bil Shanghai IPO, biggest this year
SHANGHAI: China Telecom could raise more than US$8 billion in a Shanghai initial public offering that would be the biggest this year, months after it was delisted in the US amid Washington’s stand-off …
