China is dealing with multiple coronavirus outbreaks despite some of the toughest pandemic measures in the world, which include welding shut the doors of people suspected of being infected.
Monthly Archives For January 2022
Goldman Sachs raises China property HY 2022 default rate to 19%
Goldman Sachs said on Thursday it now expected almost a fifth of lower-rated Chinese property firms to default this year, although it could be almost a third in a more severe scenario. The U.S.
New deal promoting fruit and vegetable exports
The Regional Comprehensive Economic Partnership coming in effect last week will enable Vietnam’s exports of more fruits and vegetables under official quotas to the deal’s member countries.
Crypto Vs. China’s Digital Currency: Never The Twain Shall Meet
The pandemic upped demand for digital currency in China, as elsewhere. But in June, authorities banned crypto mining. This has put China firmly into the camp of using digital currency to increase …
Tesla Sold More EVs in China During December Than Volkswagen Did in a Year
For a while, German automobile giant Volkswagen has seen itself as a formidable challenger to Tesla, especially in the mass-market electric vehicle segment. But by delivery numbers, it’s nowhere near …
Global Supply Chains Brace for Impact as Omicron Reaches China
An omicron outbreak in China is sending jitters through supply chains as manufacturers and shippers brace for disruption inside the world’s-biggest trading nation if it can’t contain the …
China suspends more flights from US amid COVID-19 surge
China has now suspended 70 flights from the United States since the start of the new year as it seeks to prevent the spread of COVID-19.
World’s largest iPhone factory maintains production schedule amid latest Covid-19 outbreak in central China
Operations at Foxconn’s smartphone and components manufacturing complex in Zhengzhou have been unaffected by the latest Covid-19 outbreak in Henan province These operations, which employ more than 300 …
GOP Senators Seek China Sanctions for Blocking Probes Into COVID Origins
The COVID Act introduced by Sen. Marco Rubio of Florida would also see the U.S. cut the funding of research projects conducted with China’s national academy.
China Suspends More U.S. Flights, Further Cutting Access
China ordered on Wednesday the suspension of six more U.S. flights in coming weeks after a surge in passengers testing positive for COVID-19, taking to 70 its cancellations this year in a schedule …
China helps advance technology in Africa
China has set a milestone in its technological commitments to Africa, with tech giant Huawei working with Zambia’s mobile telecom operator MTN in a pilot program to roll out the African nation’s first …
AXT Submits Application For Chinese Subsidiary IPO
AXT, a manufacturer of compound semiconductor substrate wafers, has announced that its China-based wafer manufacturing, Tongmei Xtal Technology, has submitted to the Shanghai Stock Exchange, which has …
Covid-19 in China: Second round of tests for Tianjin as cases go up
The northern Chinese city of Tianjin ordered a second of Covid-19 tests for its 14 million residents on Wednesday, the second round in three days, after 33 new local cases were reported for Tuesday.
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