But Xi applied a band-aid on Thursday, announcing a multibillion-dollar bailout for China’s largest bad-debt manager just as e-commerce titan Alibaba reported a weak showing in the third quarter and …
Monthly Archives For November 2021
Alibaba profit tumbles, outlook lowered as China reins in tech
Chinese e-commerce leader Alibaba Group said on Thursday its latest quarterly profit tumbled 81 percent and lowered its outlook in the face of slowing economic growth and a government crackdown on Big …
Severe COVID-19 patients have significantly higher NK and T cell frequency
A new study published in the open-access journal Cells aimed to clarify the role of NK and T cell subsets in SARS-CoV-2 infection in hospitalized COVID-19 patients to unravel their potential …
Chinese mainland reports 8 locally transmitted COVID-19 cases
A staff member disinfects Xining Railway Station in Xining, northwest China’s Qinghai Province, Nov. 18, 2021. (Xinhua/Zhang Long) BEIJING, Nov. 19 (Xinhua) — The Chinese mainland on Thursday …
China’s new COVID-19 treatment approved by 15 countries
JS016, a new COVID-19 treatment with China’s independent intellectual property, has been approved for emergency use by 15 countries, with the combination of another neutralizing antibody, CCTV News …
Alibaba: Shares dive after China spending slowdown warning
Alibaba shares have slumped by more than 10% in Hong Kong trade after the Chinese online retail giant warned of a slowdown in consumer spending. The company forecast that its annual revenue would grow …
China condemns opening of Taiwan office in Lithuania as ‘egregious act’
De facto embassy opening in Vilnius defies pressure from Beijing …
‘Go back to China’: Oakland Chinatown business vandalized with anti-Asian graffiti
A Chinese market in Oakland’s Chinatown was subject to anti-Asian vandalism on Monday Nov. 15. Racist graffiti: New Tin’s Market’s owners found graffiti on the walls of their business, located on 7th …
HKSAR gov’t strongly opposes US-China Economic and Security Review Commission report
The Hong Kong Special Administrative Region government on Thursday strongly condemned and opposed the various unfounded allegations made by a report of the United States-China Economic and Security …
Lao business leader dreams of China-Laos railway prosperity
Provided by Xinhua The China-Laos railway will drastically cut the cost of transportation in Laos which will be beneficial to trade and investment …
Asian shares down as Alibaba’s slide reignites China worries
Asian shares fell on Friday as disappointing earnings from Chinese e-commerce giant Alibaba heightened worries about Beijing’s broad regulatory crackdown and slowing growth in the world’s …
China to Defer More Taxes, Reduce Fees – Securities Daily
China is likely to introduce more tax and fee reductions, a state-backed newspaper reported on Friday citing experts, with one predicting they could amount to more than 500 billion yuan ($78.31 …
China’s coal support continues with $31bn finance promise
China continues to set itself apart from global peers when it comes to coal, allocating more than $31 billion (200 billion yuan) in financing at a time when most global banks are shunning the fuel.
