China’s B2B cross-border eCommerce marketplace DHgate partnered with Google to launch a joint advertisement solution for the 2.3 million exporters selling on its marketplace. “This cooperation with …
Monthly Archives For November 2021
China’s NetEase Cloud Village Restarts Hong Kong IPO
NetEase’s music streaming arm is reviving plans for an IPO in Hong Kong, after shelving it earlier this year amid tightening regulations.
Why Xi’s ‘old friend’ Biden probably won’t be attending the Beijing Winter Olympics
US President Joe Biden will not be at the Winter Olympics in Beijing. President Xi Jinping made sure of that. Numerous think tank panels have picked apart every nuance of Biden’s long-awaited virtual …
Coronavirus: Beijing zeroes in on Hong Kong’s contact-tracing abilities in inspection tour for border reopening
Innovation and tech officials to discuss upgrades to ‘Leave Home Safe’ app with visiting contingent ahead of looming border reopening; source says mainland group ‘happy with what they have seen’.
Carpet from Beijing’s Forbidden City to be auctioned
This carpet used to be placed under the Chinese Emperor’s throneat the Imperial Palace in Beijing’s Forbidden CityLocation: Paris, FranceNow, it’s going under the hammer at Christie’s Paris(SOUNDBITE) …
China’s billionaires use their own funds to save property developers
Billionaire owners of Chinese developers have dipped into their own pockets for at least $3.8 billion to save their troubled companies from default, as a cash crunch engulfs the industry.
China’s massive hidden debt gets stress-tested in downturn
China’s property market crunch is making it difficult for local governments to cut an estimated US$6 trillion of hidden debt even as Beijing shows more determination in cracking down on the problem.
China Concludes First-Ever Securities Class Action with a Slap-on-the-Wrist Order
In China’s first-ever securities class action, Kangmei Pharmaceuticals has been ordered to pay $385 million as compensation—just enough for 50,000 investors to recoup their losses.
China outbound tourism set to jump more than 25% this year – state media
Chinese outbound tourism numbers are set to jump by more than 25% this year from 2020 but remain “basically at a standstill” compared to pre-pandemic levels, state broadcaster CCTV reported on Monday, …
China Says it Will Not ‘Bully The Small’ Amid Disputes in South China Sea
The remarks, delivered at the ASEAN-China special summit, come after an alleged incident involving Philippine cargo ships in the South China Sea.
The Pentagon needs a new AI strategy to catch up with China
Defence leaders unfamiliar with artificial intelligence, cyber or hypersonics should educate themselves or get out of the way …
West weighs up costs of boycotting China’s Winter Olympics
Analysis: calls growing amid Xinjiang allegations and Peng Shuai fallout, but Beijing takes slights very seriously …
Chinese customs seizes meteorites passed off as pyrite
Almost half a tonne of meteorites declared as pyrite ore on import have been seized by authorities in the southern city of Shenzhen, China’s customs agency said on Monday. Officers inspected the …