China Construction Bank, one of the country’s largest state-owned commercial banks, saw its net profit rise 11.09 percent year-on-year to 303.93 billion yuan ($47.86 billion) last year. The company …
Monthly Archives For April 2022
Agricultural Bank of China reports revenue, profit gains in 2021
Agricultural Bank of China one of the country four big state-owned lenders saw its revenue and net profit increase year on year i …
China’s listed banks improve assets quality, fend off risks in 2021
China listed banks saw their bad loan ratio decline in 2021 amid enhanced efforts to fend off financial risks All six state-owned …
As Omicron lurks, China plans to stay home for the Ching Ming holiday
Most mainland Chinese are expected to stay put during the upcoming Ching Ming Festival, as China grapples with its largest outbreak of Covid-19 since the pandemic began more than two years ago. The …
China’s star fund managers ask investors to keep the faith, saying Asia’s worst-performing bourse in the first quarter has bottomed out
China’s star fund managers expect the world’s second-largest stock market to resume its upward climb, brushing aside headwinds like the Shanghai lockdown and the Ukraine-Russia war.
China’s Covid-19 health code: algorithms weigh on lives and freedoms, leaving some confused and miserable
Tension comes from Chinese people being wrongly flagged as virus risks and officials who do not want to miss any cases for fear of being responsible for an outbreak or being sacked.
Covid-19: China sends military aircraft, doctors to Shanghai
Shanghai is preparing to carry out Covid-19 tests on around 25 million residents in 36 hours, one of the largest mass testing operations globally since the pandemic started in Wuhan in 2019.
Covid-19 4th wave: China detects new Omicron subtype BA.1.1 as cases exceed 12,000 mark
China has sent the military and thousands of healthcare workers into Shanghai to help carry out COVID 19 tests for all of its 26 million residents …
China Sends Military, Thousands Of Health Workers To Shanghai For Mass Covid Testing
The highly contagious omicron BA.2 form of the virus is testing China’s ability to maintain its zero-COVID approach.
Carrie Lam: Hong Kong leader who ushered in era of Beijing’s supremacy
Hong Kong leader Carrie Lam vowed to heal divisions when she took office, but instead spearheaded Beijing’s campaign to dismantle a pro-democracy uprising in the Chinese business hub. During her …
Beijing Auto Show Postponed Indefinitely Due To COVID-19 Resurgence
The show was supposed to kick off on April 21. Back to where it all started, China is once again having major issues with controlling the coronavirus pandemic. The automotive industry is among the …
South China Sea: Philippine presidential candidates call for tougher stance on Beijing
Vice-President Leni Robredo said at an election debate that Manila must rally Asean in establishing a code of conduct with Beijing.
China embraces digital future with growing computing power
A worker maintains equipment at China Mobile’s data center in a cloud computing base in Zhongwei City, northwest China’s Ningxia Hui Autonomous Region, May 31, 2019. (Xinhua/Wang Peng) BEIJING, April …