In the chess game of Chinese politics, it’s not always clear who pulls the strings. Here are the 12 most influential people who hold the fate — and might — of a country of 1.4…
Monthly Archives For April 2022
China’s ‘Twitter’ appears to be censoring content about food shortages in Shanghai as residents struggle amid a harsh COVID-19 lockdown
Weibo users have been tagging posts with “buying groceries in Shanghai” to voice their frustration about securing groceries during the lockdown.
Tencent-backed Zhihu, a Quora-like Chinese platform, seeks Hong Kong listing in US$172 million IPO
Early investors in Tencent-backed Zhihu, such as venture funds managed by Kai-fu Lee and Qiming Ventures, are selling down their shares in the Hong Kong stock offering.
China slams US for making ‘groundless accusations’ on COVID-19 policy as Shanghai lockdown drags on
China is sticking to a policy of snap lockdowns, mass testing and travel restrictions to staunch the spread of the virus even as Shanghai’s daily case numbers have spiralled under an Omicron-fuelled w …
China reports 1,164 new local Covid-19 infections in past 24 hours
The Chinese mainland reported 1,164 fresh locally transmitted COVID-19 cases in the past 24 hours, the National Health Commission said on Monday. Of the new locally transmitted cases, 914 were …
Tesla China Exports Slump to Just 60 Cars on Strong Local Demand
Tesla Inc. exported just 60 cars produced at its Shanghai factory in March, a record low as strong domestic demand sucked up most of the output, according to China Passenger Car Association data …
Tesla China Exports Slump as Local Demand Sucks Up Shipments
Tesla Inc. exported just 60 cars produced at its Shanghai factory in March, a record low as strong domestic demand sucked up most of the output.
Why is China’s tech crackdown widening on Tencent?
China’s Tencent decided to shut down its video game streaming platform Penguin Esports, citing a change in business strategy.
Shanghai’s COVID-19 infections rise as city looks to get moving again
SHANGHAI: China’s financial centre of Shanghai reported more than 25,000 new coronavirus infections as authorities began on Monday (Apr 11) to shape an exit plan from a lockdown of its 25 million …
China’s CATL enacts ‘closed loop management’ at factory to fight COVID-19
SHANGHAI: Chinese battery giant Contemporary Amperex Technology has implemented a so-called “closed-loop management” system at its main factory to keep production going as the country battles an …
China’s CPI stays mostly flat in March
China’s factory-gate prices rose at the slowest rate in 11 months in March, official data showed on Monday, amid rising commodity prices, a complicated external environment, and the resurgence of …
China’s Nio Hikes EV Prices, Halts Production Due to Surging Raw Material Costs, Covid-19
Mirroring other carmakers including Tesla, BYD, and Xpeng Motor, Nio will raise the prices of some of its electric vehicle models due to skyrocketing raw material costs. The Chinese firm also said it …
Oil slumps as China’s worsening Covid-19 outbreak raises demand concerns
Oil resumed its decline on Monday (April 11) as China’s Covid-19 resurgence worsened, raising concerns West Texas Intermediate futures fell below US$97 a barrel after climbing 2.3 per cent on Friday, …