Beijing Auto Show scheduled to start on April 21 will likely be postponed due to a spike in Covid-19 cases across the country, according to multiple reports. China is currently experiencing its worst …
Monthly Archives For March 2022
Beijing autoshow postponed due to COVID surge in China – sources
Organisers of the Beijing autoshow, which was scheduled to be held in late April, have postponed the event due to a recent flare up of COVID-19 cases in China, people familiar with the matter told…
China Renews Search for Second Black Box From Crashed Plane
Search and rescue work in the wake of the China Eastern Airlines crash entered its fourth day as storm clouds retreated with efforts focusing on retrieving the second black box while the first was …
Coinbase Teams Up With Alviere for Lineup of Crypto Offerings
Financial-technology startup Alviere is tapping Coinbase Global Inc. to add a lineup of crypto products to its platform.Most Read from BloombergPutin Adviser Chubais Quits Over Ukraine War, Leaves …
Intel CEO Defends Apology to China while Advocating Chip Subsidies
His comments call attention to his efforts to justify Intel’s continued business in China and the unsavory moral compromises necessary to maintain it.
Rallying Chinese markets will not be a quick fix for Beijing
If the rule for US markets is “Don’t fight the Fed”, the traditional knee-jerk reflex of investors in China is to always heed Beijing. That was underlined after last week’s move by the country’s top…
China factories go into ‘bubbles’ to ride out Covid lockdowns
Manufacturers across China are preparing their factories to operate as highly isolated “bubbles” that can continue to run for weeks even during tough government-ordered coronavirus lockdowns. The …
China Developers Face Worst Earnings in Decade With Audit Delays
Investors in Chinese developers are bracing for the one of the worst earnings seasons in more than a decade — and even then, they’re unlikely to get the full picture right away.
Beijing urges Washington to remove all additional tariffs
Chen Chuanglian, deputy director of the Southern China Institute of Finance at Jinan University in Guangzhou, Guangdong province, said the US move has proved that China is playing a key role in global …
Investors taking money out of China on an ‘unprecedented’ scale
China has seen investors pull money out of the country on an “unprecedented” scale since Russia invaded Ukraine in late February, marking a “very unusual” shift in global capital flows in emerging …
GLOBALink | NE China’s Liaoning adopts stringent measures to contain latest COVID-19 resurgence
Stringent measures have been adopted in northeast China’s Liaoning Province to curb the latest COVID-19 rebound, with closed management and massive nucleic acid testing rolled out. #GLOBALink …
Inside China’s electric drive for swappable car batteries
Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for widescale use”. It seems Beijing disagrees.
China’s coronavirus travel ban drives boom in luxury e-commerce, duty-free shopping
Though overall consumption remains soft in China, sales of foreign brands are strong on cross-border e-commerce platforms and in the duty-free shopping hub of Hainan as more Chinese spend locally.