Nio and XPeng saw deliveries of their electric cars drop in August due to the global semiconductor shortage while rival Li Auto managed to eke out growth.
Monthly Archives For September 2021
What is Genki Forest? | China Venture Roundup Volume 50
One of the brands leading this trend is Genki Forest. Founded in 2016, the fruit-flavored soda brand has had a meteoric rise and shows no signs of slowing down. Defying the drag caused by the…
Ferry services between Macau, Shenzhen resume Sept 3
Outbound ferries (example in ) will leave respectively from Macau’s Outer Harbour Ferry Terminal and Taipa Ferry Terminal. Inbound to Macau, services will leave from Shenzhen’s Shekou Port. The …
Colombia coach Rueda hails Shenzhen playmaker Quintero
Colombia manager Reinaldo Rueda said Wednesday that Shenzhen FC midfielder Juan Fernando Quintero will be crucial to his team’s hopes of qualifying for next year’s FIFA World Cup in Qatar. Quintero is …
Worsening US-China ties could impact cooperation over climate change, warns Beijing
Following constant deterioration in relations between China and the US over issues regarding trade, technology and human rights, Chinese foreign minister Wang Yi has warned United States climate envoy …
9/11, 20 years later: how China used the attacks to its strategic advantage
Beijing saw the opportunity to reset its relationship with Washington, which needed its support and agreed to label ETIM a terrorist group.
China to Send Banks Money for SMB Aid
China’s central bank is planning to provide 300 billion yuan, or $46.4 billion, in low-cost funding to aid banks in providing support for SMBs.
China Steps Up Monetary Support as Economy Takes Hit from Virus
China ramped up financial support for small businesses and pledged better use of local government bonds as the economy showed further signs of a slowdown because of tight property controls and fresh …
Graphic: China likely to quicken fiscal spending, but policy rate cuts not on the cards
At the same time, market yields are low enough that few expect a policy rate cut which would widen the Sino-U.S. monetary stance gap, risking a surge in capital outflows. “If some infrastructure …
China MOF Releases Announcement on Deed Tax Preferential Policy
The Chinese Ministry of Finance Aug. 30 released Announcement No. 29, on the deed tax preferential policy. The announcement includes deed tax exemptions for: 1) the transfer or ownership of property …
China’s mRNA Covid-19 vaccine-maker expects efficacy data by year end
BEIJING (BLOOMBERG) – The company behind China’s first homegrown mRNA Covid-19 vaccine aims to have efficacy data from late-stage testing of the shot before the end of the year, a key step in the …
China Warns U.S.: Strained Relations Could Sink Climate Cooperation
John Kerry, President Biden’s climate envoy, is in China this week pushing leaders to aggressively cut greenhouse gasses. But the worsening U.S.-China relationship is taking center stage.
China slams high actor pay, bars ‘effeminate’ behaviour from screens
China expanded a crackdown on its entertainment industry on Thursday, telling broadcasters to bar artists with “incorrect political positions” and effeminate styles from shows, and said a “patriotic …
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