TAIPEI, Taiwan (AP) — The U.S. wants to deepen its relationship with Taiwan, the self-ruled island that has become a major point of conflict in the strained U.S.-China relationship, and will work to …
Monthly Archives For October 2021
China c.bank makes biggest weekly short-term cash injection in 21 months
SHANGHAI, Oct 29 (Reuters) – China’s central bank on Friday injected 200 billion yuan ($31.29 billion) through seven-day reverse repurchase agreements into the banking system, bringing the weekly net …
Beijing Marathon Postponed as China Battles Spike in COVID-19 Cases
In an attempt to contain a new surge in COVID-19 cases, government officials in Beijing announced on Oct. 24 that the upcoming Beijing Marathon will be …
China’s Xi to address U.N. climate summit by video link
Chinese President Xi Jinping will talk to global leaders at the U.N. climate summit in Glasgow, Scotland by video link, the Foreign Ministry announced Friday. China, the biggest source of carbon …
Why China Is the World’s Last ‘Zero Covid’ Holdout
The government has staked its political legitimacy on controlling the virus better than other countries, especially its geopolitical rivals.
Hong Kong Exits Top Three Global IPO Venues as China Clamps Down
Hong Kong is no longer in the top three listing venues globally as a widening crackdown by China on a vast range of industries hits investor sentiment and share prices. Initial public offerings in the…
Evergrande Update: 33% of China’s property developers face a real risk of default – S&P
Analysts at S&P Global Ratings warned in a research note on Friday, amidst the ongoing China Evergrande crisis, a third of the country’s property developers could face a “real” risk of default, with …
China’s Baidu is Turning Production Vehicles into Robotaxis With its Factory-installed Autonomous Driving System
Chinese technology giant Baidu Inc. is developing an entire mobility ecosystem in China around self-driving vehicles as part of its Apollo autonomous driving platform. To support its plans, the …
China developers hit by downgrades as Evergrande deadline looms
according to data provider Duration Finance. Kaisa led losses across the real estate sector. A Hong Kong index tracking mainland property companies fell 1.3% and the CSI300 Real Estate sub-index lost …
China cyberspace regulator issues draft measures on data exports
BEIJING, Oct 29 (Reuters) – The Cyberspace Administration of Cyberspace (CAC) on Friday issued draft rules saying that companies that collect more than 1 million users data, and need to provide data …
China’s import expo draws nearly 3,000 exhibitors from 127 nations, regions
A truck loaded with the first batch of exhibits arrives at the north square of the National Exhibition and Convention Center (Shanghai), a main venue for the fourth China International Import Expo …
BSN Architect Red Date to Launch NFT Infrastructure in China
Red Date CEO Yifan He said that NFTs will be widely used in China in the next five years, but that the government doesn’t want the technology to be associated with crypto or running on…
China reports 64 new coronavirus cases on Oct 28 vs 39 day ago
BEIJING, Oct 29 (Reuters) – China reported 64 new confirmed coronavirus cases for Oct. 28, compared with 39 a day earlier, the country’s health authority said on Friday. Of the new infections …