China’s factory gate inflation in July rose at a faster clip from the previous month and exceeded market expectations, adding to strains on an economy losing recovery momentum as businesses struggle …
Monthly Archives For August 2021
Chinese Chipmakers Slump as Beijing Sends Speculation Warning
China’s microchip industry is feeling the heat of Beijing’s regulatory scrutiny.A warning in state media Friday that regulators will show no tolerance in cracking down on speculators in the chip …
Japan’s local officials have taken to criticising Beijing – and Chinese diplomats aren’t happy about it
Local Japanese officials have in recent weeks called attention to the actions of Chinese diplomats in Japan, accusing them of pressuring city and prefectural governments that adopt resolutions …
China’s tech tycoons lose $118b of wealth after Beijing crackdown
Analysts say there is little reason to expect Beijing will ease up on tech tycoons — or falter in its support of automakers and renewable companies — in the second half of 2021. Bruce Pang,…
Why banks fear central bank digital currencies
China plans to stake an early territorial claim in the new world of central bank digital currencies. It will give foreigners their first real chance to make payments using electronic renminbi issued …
Asian markets gain even as pandemic restrictions tighten in China, Australia
Asian stock markets followed Wall Street higher Monday after China and Australia tightened anti-virus controls that threaten to weigh on an economic recovery.
Ascletis : China Approves Phase II Trial Of ASC40 For Treatment Of Patients With Acne
Ascletis Pharma Inc. said that China National Medical Products Administration (NMPA) has approved the Phase II clinical trial application of ASC40 for the treatment of patients with moderate to severe …
The Latest: China punishes 30 officials for pandemic failing
More than 30 Chinese officials have been fired or received other punishments over accusations they failed to respond properly to the latest surge of the coronavirus in the country.
Epizyme, Hutchmed Collaborate To Develop And Commercialize Tazverik In Greater China
Limited said that they have collaborated to research, develop, manufacture and commercialize Tazverik or tazemetostat in Greater China, including mainland China, Hong Kong, Macau and Taiwan. Tazverik …
China’s Wuhan completes citywide Covid-19 tests on 11 million residents
As of Saturday, the city had recorded 37 locally transmitted Covid cases and found 41 local asymptomatic carriers in the latest round of mass testing …
China reports more Covid-19 cases while some cities kick off new tests
China reported more Covid-19 cases as it entered the third week of its current outbreak on Monday, while some cities added rounds of mass testing in the effort to stamp out locally-transmitted …
Beijing files lawsuit accusing WeChat’s youth mode of breaching child protection laws
Along with WeChat facing greater regulatory scrutiny, Alibaba has separately suspended various staff who have been accused of sexually assaulting a fellow female employee.
The risks of China’s African lending
A combination of opacity and the strings attached could leave debtors in a bind when it comes to accessing more credit …
