China has placed millions under lockdown as the nation faces the biggest outbreak of the coronavirus in months due to the more transmissible delta variant.
Monthly Archives For August 2021
Transport into Beijing cut to guard capital ‘at all costs’ against Covid-19 surge
More than 350 people in 27 cities have been infected with the Delta strain, four of them in the capital, where authorities have barred anyone from medium- and high-risk areas from entering.
The Death Toll Continues to Rise Following Flooding in China
Officials in China announced that the number of people who died in recent floods in central China has increased to 302, more than triple the previous figure.
More than a million people under new lockdown in China amid COVID-19 outbreak
The highly contagious delta variant has made its way to more than 20 cities and a dozen provinces across China.
China to continue cooperation with ASEAN countries on COVID-19, economy
Chinese Foreign Minister Wang Yi attended the ASEAN foreign ministers meeting on Monday. In a statement, the Chinese Foreign Ministry said that the region faces challenges in economic growth and …
Beijing’s regulatory crackdown that has hammered Chinese stocks is a ‘local’ problem that won’t threaten global growth even as it spreads to other sectors, JPMorgan says
JPMorgan said that while regulations may continue in the region, China will “stop short of changes that cause an economic growth shock.” …
China quietly sets new ‘buy Chinese’ targets for state companies – U.S. sources
China’s government quietly issued new procurement guidelines in May that require up to 100% local content on hundreds of items including X-ray machines and magnetic resonance imaging equipment, …
Ericsson nabs part of latest 5G RAN contract in China, Nokia left out – report
It appears that Ericsson was successful in securing a portion of Chinese mobile operators’ latest 5G tender, while Nokia was left out.
Britain Rethinks Letting China Enter Its Nuclear Power Industry
Britain agreed to let China take an ownership stake in its newest nuclear power plants, figuring Beijing had the nuclear know-how and the construction smarts to help replace the country’s aging power …
China’s Unavoidable Financial Rise
A decade ago, few economists were bullish about the growth of China’s external financial strength. But the government’s commitment to capital-market opening and renminbi internationalization – …
Luxury Brands Shouldn’t Resist China’s Outdoor Opportunity
In China, demand for luxury outdoor apparel and accessories has taken off among millennials and Gen Z over the past two years in particular.
US catching up with Crypto, Asia leading Blockchain development: Who will dominate global economy?
What if the government decided to interfere with the development of the blockchain or become a competitor by starting their own digital currency? They are currently looking at this approach. If they …
Coronavirus leaked from Wuhan, China: Rep report [details]
A top Chinese immunologist had previously claimed that China had intentionally released coronavirus as a bioweapon …
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