Cheng Lei, a former CGTN host, was detained in 2020. The Chinese authorities have accused her of divulging state secrets but offered no specifics.
Monthly Archives For March 2022
Property developer China Vanke expects 2022 profit to stabilise
China Vanke , the country’s No.2 property developer by sales, said on Thursday it expects its net profit to stabilise in 2022 after Chairman Yu Liang apologised to investors for the 45.7% slump seen …
Moody’s — China’s property sector still faces default risks amid weak sales and market volatility
China’s property sector still faces. default risks amid weak sales and market volatility. Hong Kong, March 31, 2022 –» China’s property sales …
The world is splitting into 2- One centred in Washington & the other in Beijing
The Russian invasion of Ukraine and a series of Covid-related shutdowns in China do not, on the surface, appear to have much in common. Yet both are accelerating a shift that is taking the world…
China’s Covid approach may become ‘more flexible’ in the second half of 2022, says economist
Carlos Casanova of private Swiss bank UBP says China will probably move away gradually from its zero-Covid policy and toward a more “pragmatic” and “flexible” approach.
China Weighs Raising Billions to Rescue Troubled Financial Firms
Chinese authorities are considering a plan to raise several hundred billion yuan for a new fund to backstop troubled financial firms, according to people familiar with the matter. The People’s Bank of …
Take China and Russia’s ‘no limits’ relationship with a ‘grain of salt,’ says former PBOC advisor
Beijing is expected to continue doing business with Russia but is unlikely to support Moscow militarily, says Li Daokui, former advisor to China’s central bank.
OneConnect Co-Founds Dual Carbon Innovation Laboratory Initiating Development of ESG-Focused Blockchain Applications
OneConnect Financial Technology Co. Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading Technology-as-a-Service provider for financial institutions announces the launch of the Innovation …
Covid-19 Outbreaks Slow Factory Activity in China
Official surveys for March offered the first broad glimpse of the economic cost of efforts to contain Omicron outbreaks in some of the country’s most important industrial hubs.
China stocks end lower on dismal data amid COVID-19 outbreaks
SHANGHAI — China stocks closed down on Thursday after data showing activity in the country’s factory and services sectors swung into the negative territory in March, raised worries over the impact of …
China ensures daily supplies for COVID-19 resurgence
Local authorities in COVID-19 affected regions in China are ensuring abundant supplies of daily necessities for residents placed under quarantine, following the recent resurgence of COVID-19 …
Coronavirus: China’s small firms bemoan lack of support as Omicron wave threatens economic recovery
Small business owners in China say government tax rebates do not compensate them enough for lost business caused by strict pandemic controls that have been rolled out amid the latest Omicron outbreak.
China to Restrict Visas of U.S. Officials, Says Foreign Ministry
China has decided to restrict the visas for U.S. officials, in response to the U.S. visa restrictions on some China officials, a Chinese foreign ministry spokesman said on Thursday. The United States …
