China’s race to develop its own messenger RNA vaccine has gained greater urgency as Beijing struggles to rein in an outbreak of the Omicron coronavirus variant that is threatening its zero-Covid …
Monthly Archives For January 2022
China Matching Pentagon Spending on AI
PLA investment in AI is now on par with the Pentagon’s, experts say. The United States views China as its top military and economic competitor. “Supported by a burgeoning AI defense industry, the …
Across China: Facial recognition technology makes for better giant panda protection
While facial recognition technology continues to facilitate many aspects of human life, it is now also being applied to aid the protection of giant pandas. A nature reserve in northwest China’s Gansu …
China completes 1st in-orbit spacecraft transposition with space station’s robotic arm
China has conducted a successful transposition test of its space station’s cargo craft Tianzhou-2 using home-developed robotic arm early Thursday morning. It was the first time the robotic arm …
Finding China’s Moderna is a financial long shot
HONG KONG, Jan 6 (Reuters Breakingviews) – Finding China’s answer to Moderna (MRNA.O) comes with huge health warnings for investors. The $87 billion biotechnology giant’s Covid-19 vaccines have …
IGM Financial unit to double stake in ChinaAMC for $901 mln
Canadian asset management firm IGM Financial Inc IGM.TO said on Wednesday its subsidiary Mackenzie Financial Corp will acquire a 13.9% stake in China Asset Management Co in a C$1.15 billion ($900.55 …
China Property Tax Trial Likely Delayed During Real Estate Slump
(Bloomberg) — China’s property tax could be another casualty of the … a Peking University professor who is also the legal adviser to the Finance Ministry and legislative adviser to the standing …
Beijing Sunwayworld Science&Technology’s IPO to debut on Shenzhen Stock Exchange
China Merchants Securities acts as the lead underwriter and sponsor for the IPO. Beijing SunwayWorld Science & Technology Co., Ltd. operates as a software development service provider. The Company …
PwC forecasts record IPOs
Initial public offerings on the Chinese mainland bourses are likely to set a record this year, according to the latest forecast by PwC. The Hong Kong stock exchange is expected to draw more technology …
US-China business travel fast-track program comes into force Thursday
The American Chamber of Commerce in China said that a US-China travel fast-track program, which allows for US businesspeople and their families to more easily travel to China amid the pandemic, based …
Honda China JV announces 120,000 units-a-year EV factory
Honda Motor Co and its Chinese joint venture partner Dongfeng Motor said on Thursday they would build a new factory in Wuhan to exclusively manufacture electric vehicles (EVs) from 2024.
Shenzhen sees record power consumption in 2021
South China’s metropolis of Shenzhen, a technological powerhouse, saw its electricity consumption reach 110.3 billion kWh in 2021, up 12.2% from 2020, hitting a record high. High-end manufacturing, …
Olympic chiefs urge Beijing participants to be ‘extra vigilant’
LAUSANNE: Olympic chiefs on Wednesday urged all participants at next month’s Winter Games in Beijing to be “extra vigilant” as Covid-19 infections hit unprecedented case levels in several countries.
