A medical worker works in a mobile lab for COVID-19 nucleic acid testing in Wuchang District of Wuhan, central China’s Hubei Province, Aug. 5, 2021. (Photo by Wu Zhizun/Xinhua) WUHAN, Feb. 25 (Xinhua) …
Monthly Archives For February 2022
Brand New: Big brand names including Yili, Nestle, Unilever and more feature in our round-up
These dual centres are meant for us to expand directly into the region and enhance our capabilities to serve and respond to local markets – the two plants will develop and produce localised and …
Tesla plans new Shanghai plant to more than double China capacity
Once the new plant is fully operational, Tesla will have the capacity to produce up to 2 million cars per year at its expanded Shanghai facility, the company’s main export hub.
China firms support UK fight against pandemic
Chinese companies played a key role in addressing the COVID-19 crisis in the United Kingdom last year, a new report shows, with businesses delivering vital services and products as the pandemic rocked …
China’s Ostin Technology files to hold $13.6M US IPO
China’s Ostin Technology (OST) has filed to raise approximately $13.6M through an initial public offering in the US. Read more about the IPO here.
Biden takes veiled swipe at China in condemning Russia backers on Ukraine
U.S. President Joe Biden on Thursday said any country that backed Russia’s onslaught in Ukraine would be “stained by association,” after China rejected calling Moscow’s move an invasion and instead …
China Bank posts record P15 billion earnings in 2021
China Banking Corp. earned a record P15.1 billion last year, 25 percent more than in 2020, on the back of sustained core business growth and effective cost management.
Will China’s Blockchain Help or Hurt Luxury’s Counterfeit Problem?
China has suppressed blockchain but cautiously embraced NFTs, using a different blockchain tech that the state can control. But will that work for luxury?
Chinese co-working space provider Building DreamStar Technology files for US IPO
Building DreamStar Technology (BDS), a provider of co-working space solutions in China, has filed to raise around $25M through a US IPO. Read more about the deal here.
China’s Supreme Court declares crypto transactions as ‘illegal fundraising’
China’s crackdown on crypto continues with a new Supreme Court ruling that makes it criminal to transact crypto,- its “illegal fundraising”.
Chinese edtech Jianzhi Education files for US IPO
Chinese edtech provider Jianzhi Education (JZ) has filed to hold a US IPO. Jianzhi Education said in a filing that it intends to list its shares on Nasdaq under the symbol JZ.
Beijing may be tempted to side with Putin in the Ukraine conflict. But at what cost?
Despite a common hostility toward the U.S., Chinese leader Xi Jinping may not want to hurt his own economic interests by helping Russia too much.
China experts weigh in on DOJ’s halting of Trump era ‘China Initiative’: ‘Inexplicable’
Several experts on the United States relationship with China are weighing in after Biden’s Department of Justice announced Wednesday it is halting a Trump-era initiative that cracked down on Chinese …
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