As Covid-19 started spreading in Wuhan early last year, Chinese billionaire Guo Guangchang’s drugmaker appeared to have scored a big win: A partnership with Germany’s BioNTech SE, which went on to …
Monthly Archives For December 2021
Abandoned Projects Shatter Confidence in China’s Housing Market
Construction cranes stand idle in China’s Yunnan Province, on the easternmost edge of the Himalayas. Building has ground to a halt on Hainan, off the coast of Vietnam, and up in Heilongjiang, along …
A Tribunal Investigates China’s Genocide Against the Uyghurs
The London-based panel found that torture, sexual violence, persecution and other crimes are proven.
China’s Solar Giants Make a Bid to Dominate Hydrogen Power
Chinese companies spent 10 years aggressively maneuvering to become the dominant players in solar power. Now they’re seeking to lead the way in developing the next big thing in clean energy: hydrogen.
Billionaire’s Bet on Pfizer Vaccine for China Fails to Pay Off
As Covid-19 started spreading in Wuhan early last year, Chinese billionaire Guo Guangchang’s drugmaker appeared to have scored a big win: A partnership with Germany’s BioNTech SE, which went on to …
China’s Stats Accentuate Positive, Play Down Negatives, Former Finance Minister Says
A former Chinese finance minister criticized the country’s statistics for not properly reporting negative economic changes, with the rare harsh public statement from a senior figure highlighting …
China’s CPTPP application allays South Korea fears of joining accord
South Korea will apply to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, after China’s application to the regional trade pact assuaged Seoul’s fears of upsetting its …
Cryptocurrency price NEWS – Bitcoin, Ethereum and Shiba Inu all end week up as crypto mining recovers from Chinese ban
BITCOIN, Ethereum, and Shiba Inu all ended this week up as crypto mining has completely recovered after a Chinese ban earlier this year. Bitcoin was up 4 percent to over $50,000 per coin as of…
China raises requirement for banks’ forex deposits, 2nd time this year
China’s central bank on Dec 9 announced it will raise the reserve requirement ratio (RRR) for foreign currency deposits by 2 percentage points, starting from Dec 15. This is the second time the People …
China’s SenseTime HK IPO said to be in limbo after US blacklisting
Chinese artificial intelligence startup SenseTime Group is considering whether it can proceed with a planned $767 million Hong Kong initial public offering after the U.S. added it to an investment …
China’s Zhejiang reports 138 Covid-19 cases in latest resurgence
East China’s Zhejiang province registered 138 locally-transmitted confirmed Covid-19 cases and one asymptomatic carrier between December 5 and December 12 till 3 p.m., amid the latest Covid-19 …
Critics say Beijing Olympics boycott should go further — but Olympians want athletes left out of it
The Canadian government announced Wednesday that it would join the United States, the United Kingdom and Australia and not send government officials to Olympic events in China in February. Experts and …
Diplomatic boycott of Beijing Olympics a ‘symbolic’ move that critics say doesn’t go far enough
The Canadian government announced Wednesday that it would join the United States, the United Kingdom and Australia and not send government officials to Olympic events in China in February. Experts and …
