Merlin Entertainments on Thursday began construction in China of a Legoland theme park and resort that it says will be the world’s largest. The theme park resort on the Dapeng Peninsula, on the …
Monthly Archives For August 2021
Beijing Capital Development is about to announce earnings — here’s what Wall Street expects
Beijing Capital Development will report Q2 earnings on August 28. Wall Street predict expect Beijing Capital Development will release earnings per share of CNY 0.365. Watch Beijin …
Kamala Harris Tries to Improve Southeast Asia Ties as China Prods From Sidelines
The Biden administration will continue to call out China for its aggressive maritime claims but doesn’t want a conflict, the vice president said, seeking to strike a balance with regional countries …
China properly handles COVID-19 medical waste, sewage
China has properly handled medical waste and sewage in COVID-19 risk areas, said the Ministry of Ecology and Environment (MEE) on Thursday. The MEE activated emergency response to cope with the latest …
Beijing blasts American exploitation and coercion as Huawei executive Meng Wanzhou’s detention reaches 1,000 days
China’s Foreign Ministry has reiterated its anger at the “unreasonable detention” of Huawei executive Meng Wanzhou on the thousand-day anniversary of her arrest by Canadian authorities, pending …
Ping An Profit Sinks on $3.2 Billion Hit From China Fortune
(Bloomberg) — Ping An Insurance (Group) Co.’s profit sank as China’s largest insurer by market value said the financial hit from a troubled property developer more than doubled. Net income …
China Urges Financial Support for Retail, Catering, Trading Firms
Financial institutions in China including banks and insurers should do more to help struggling offline retail, accommodation, catering and trading firms in the wake of recent domestic coronavirus …
Xi Jinping urges China to achieve 2021 economic, social targets while maintaining coronavirus controls
In a People’s Daily article, President Xi Jinping said China should push for high-quality development and better coordinate policies around development and safety.
China Evergrande’s survival battle gets ugly with warning of imminent slump in earnings
China Evergrande has issued a profit warning to add another layer of operating concerns on top of mounting liquidity stress.
JD.com in advanced talks to buy controlling stake in China Logistics – Bloomberg News
Chinese e-commerce company JD.com Inc (9618.HK) is nearing a deal to buy a controlling stake in storage facilities manager China Logistics Property Holdings Co (1589.HK), Bloomberg News reported on …
Starbucks China Promotes Its COO to CEO as Belinda Wong Moves On
Starbucks’ China office has made its chief operations officer the new chief executive officer as Belinda Wong, who was the force behind the US coffee chain giant’s remarkable success in the …
ANALYSIS-China’s property crackdown stalks credit markets
China’s push to wean property developers from excessive borrowing is spilling over into loan losses at banks and pain in credit markets as cash-strapped builders fall into distress, raising the risk …
COVID-19 Most Transmissible 2 Days Before, 3 Days After Symptoms Appear: Study
The research, published in the journal JAMA Internal Medicine, also found that infected individuals were more likely to be asymptomatic if they contracted the virus from a primary case.
