The travel advisory, which was issued on Monday, urged Americans to reconsider trips to certain parts of China due to the government’s “arbitrary enforcement of local laws and COVID-19 restrictions.” …
Monthly Archives For April 2022
A ‘Zero Tolerance’ Covid-19 Policy In China Leads To A Dystopian Nightmare For 26 Million Residents
A “zero tolerance” Covid-19 policy in China has caused chaos, fear, panic and dread. Shanghai, one of the largest cities in the world, with around 26 million residents, is under strict lockdown, due …
China Lands 17 Members On The 2022 Forbes Midas List
Elwin Yuan, a partner at 5Y Capital, was the only newcomer from China, ranking No. 78. Shanghai, currently facing business disruptions from Covid lockdowns, is the No. 1 city for China-based venture …
China’s Growing Influence in Latin America
China is concentrated on “new infrastructure,” such as artificial intelligence, cloud computing, smart cities, and 5G technology from telecom firms such as Huawei. Despite U.S. warnings against using …
LVMH Says China’s Lockdowns Are Having Negative Impact on Demand
Guiony said most group brands have increased prices in “a meaningful way … U.S. Pullout of Locked-Down Shanghai Deepens China Tensions Revenue at LVMH’s fashion and leather goods unit, which houses …
Yum China (YUMC) Banks on Expansion Efforts, Hurt by Cost Woes
During fourth-quarter 2021, Yum China opened 563 gross new restaurants owing to the development of the KFC and Pizza Hut brands. As of Dec 31, the company’s total restaurant count stood at …
China’s Long March rocket family: History and photos
The similarly capable Long March 2D is produced by the Shanghai Academy of Spaceflight Technology (SAST); SAST and CALT are China’s two major state-owned launch vehicle manufacturers, with both …
AI Pharma Startup METiS Raises $150 Million. IPO In Sight?
But most of China’s AI pharmaceutical companies are still in the investment … Both stocks have been trending down since their IPOs, but still have relatively high P/S ratios of about 16 times, …
New concerns about a spike in coronavirus cases in China
The U.S. has ordered all non-emergency staff at the Shanghai Consulate to leave. The city is under tight lockdown because of an increase in cases.
Chinese President Xi lauds hosting of Beijing 2022 at celebration event
Chinese President Xi Jinping has lauded the country’s hosting of the Beijing 2022 Olympic and Paralympic Games at a ceremony designed to recognise the contribution of individuals and groups towards …
VinFast’s Planned U.S. IPO May Be Biggest From Asia Since Didi
At that size, the IPO would end a drought of large offerings by Asian issuers in the U.S. market, though the deal would have to negotiate volatility in equities trading and cautio …
Apple supply chain in China hit by lockdowns as key partner suspends production in Shanghai, Kunshan
China’s cabinet, the State Council … In August 2020, Foxconn and Pegatron were among companies said to be eyeing new factories in Mexico to dilute business risks. Around the same time, Pegatron was …
Ukraine Crisis Exposes U.S. As ‘Bully,’ China’s Leading Party Paper Says
American editorial series by the People’s Daily paints the United States as a country wreaking havoc on the international order.
