The World Health Organization (WHO) is looking to revive a probe into the origins of the COVID-19 virus, assembling a team of 20 scientists to hunt for new evidence, …
Monthly Archives For September 2021
China Evergrande’s electric car unit’s shares tumble 23% after warning
Shares of China Evergrande’s electric car unit China Evergrande New Energy Vehicle Group plunged as much as 23% on Monday after it warned it faced an uncertain future unless it got a swift injection …
Huawei executive Meng Wanzhou hailed as hero upon return to China
Huawei executive Meng Wanzhou, who spent nearly three years in house arrest in Canada, returned home late Saturday, ending a prolonged extradition fight with the United States and sparking an outburst …
China’s Power Crisis Moves From the Factory Floor to Homes
China’s energy crisis is beginning to hit people where they live, adding the risk of social instability on top of potential global supply chain disruptions.
The #MeToo icon China is trying to silence
Xianzi sounds exhausted. “Sorry. I’ve been crying the last half hour,” she tells the BBC over the phone from Beijing.It is the day after a court ruled on the Chinese activist’s landmark sexual …
Evergrande and China Power Curbs Are Two Sides of One Coin
For decades, Chinese growth has been fueled by credit and carbon. Beijing finally seems to be serious about tackling these twin issues, but at what cost to the economy?
Cryptocurrencies bounce back from China crackdown
Cryptocurrencies traded firmly on Monday, having rebounded from selling driven by an intensifying crackdown on the asset class in China, as buy-the-dip speculators swooped in.
China reports 35 new coronavirus cases for Sept 26 vs 29 day earlier
China reported on Monday 35 new confirmed coronavirus cases in the mainland for Sept. 26, compared with 29 a day earlier, according to the National Health Commission. Of the new infections, 13 were …
China’s central bank declares all cryptocurrency transactions illegal
China’s Central Bank on Friday declared all cryptocurrency-related transactions illegal in an intensification of the country’s crackdown on the trillion-dollar industry. “Virtual currency-related …
Crypto will recover from China’s latest ban, says report
Cryptocurrency will recover from China’s latest ban. This is according to a report on CoinTelegraph that chronicled the last 12 years of China’s clampdown on cryptocurrency. The report said, “Chinese …
China Evergrande’s NEV unit scraps IPO plan while CNOOC, Dongfeng Motor unveil new domestic stock offerings
Troubled developer’s car-making unit abandons onshore listing plan amid a liquidity crisis, while CNOOC and Dongfeng Motor unveil new offering plans in Shanghai and Shenzhen.
Didi’s Closest China Rival Eyes New Fundraising, Potential IPO
The ride-hailing unit of Zhejiang Geely Holding Group Co., which raised almost $600 million earlier this month, is already in talks with investors for another funding round as it seeks to make ground …
China’s biggest air show to display self-sufficiency drive, military prowess
China’s drive for self-sufficiency in aerospace and its growing military prowess will be on display at the country’s largest air show this week, in an event set against the backdrop of the coronavirus …
ADVERTISEMENT
