China’s Olympic organizers say they are not changing their preparations for the Winter Olympics just over three weeks away as the omicron variant ripples across parts of the country.
Monthly Archives For January 2022
What’s Next for China Evergrande, Crushed by Debt
One of China’s largest-ever debt restructurings is looming in 2022, with the Communist Party now in the driving seat, after China Evergrande Group, the world’s most indebted property developer, was …
First production facility in China officially inaugurated / Plant will cater to rising Asian demand
Although production at its new plant in Jiaxing / China already began a few months ago, toy manufacturer Lego (Billund / Denmark; officially inaugurated the 165,000 m 2 facility in late November. The …
Will China’s Railway in Laos Help Bolster Its ‘Soft Power’?
The inauguration of the long-promised rail line offers Beijing a chance to burnish its image in mainland Southeast Asia.
China Locks Down Second City Amid Omicron Threat
China has locked down the city of Anyang, a city of five million people after detecting omicron in the central Henan province.
China’s Tianjin says coronavirus outbreak hits 40 cases amid Omicron battle
The northern Chinese city of Tianjin said its latest coronavirus outbreak had reached a total of 40 confirmed cases by Tuesday morning, as it battles the highly contagious Omicron variant that has …
China’s Tianjin reports 40 new coronavirus cases amid Omicron battle
The northern Chinese city of Tianjin reported 40 new confirmed coronavirus cases on Tuesday morning, as it battles an outbreak of the highly infectious Omicron variant that has already been detected …
China steps up efforts to drive green finance
Central bank’s carbon cut tool will spur big lenders to back 2,817 companies as more than $13 billion comes into play China has seen booming growth of green finance, backed by policies and regulations …
Indonesia coal shares up, China futures fall as export ban eased
Shares of big Indonesian coal companies rose on Tuesday after authorities relaxed an export ban brought in this year, even as vessels loaded with the fuel had yet to leave ports in the world’s biggest…
China Buying More Cheap, Sanctioned Iran and Venezuela Oil
China doubled down on imports of Iranian and Venezuelan crude in 2021, taking the most from the U.S.-sanctioned regimes in three years, as refiners brushed off the risk of penalties to scoop up cheap …
Evergrande: Real estate giant moves from Shenzhen head office to cut costs
Cash-strapped Chinese real estate giant Evergrande has moved out of its Shenzhen headquarters to cut costs. Evergrande said it had moved to a property that it owns, but that it was still in the same…
Beijing Games organisers back COVID-19 controls despite Omicron concerns
Despite Omicron concerns, Beijing will not adjust its COVID-19 prevention measures for the Winter Olympics unless there are many cases inside the “closed-loop”, Huang Chun, an official with the …
China Orders Suspension of Some U.S. Flights After COVID-19 Cases
China has ordered the cancellation of more than two dozen scheduled flights from the United States in recent weeks after numerous passengers tested positive for COVID-19 after arriving in China. China …
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