A unit of troubled property developer China Evergrande Group said construction work has resumed at 95% of Evergrande’s projects across the country as of late March. Evergrande has resumed work at 734 …
Monthly Archives For April 2022
What Are the Tax Incentives in China to Encourage Technology Innovation? (updated)
We list major tax incentives in China to encourage technology innovation and share guidance on how to tap benefits listed in various preferential policies.
GLOBALink | Inside COVID-19 antigen self-testing kits production line in east China
Since March 11, China has added antigen detection as an option for COVID-19 testing among the public. Such kits are already seen in drug stores, online platforms and multiple detection scenarios in …
China to lower costs of COVID-19 nucleic acid tests
China asked local authorities to reduce the costs of COVID-19 nucleic acid tests. The cost will be lowered to 28 yuan or less per person for a single test.
COVID-19 vaccination bill reaches 120b yuan in China
China has spent more than 120 billion yuan ($18.9 billion) on COVID-19 vaccination, an expenditure within the limits of the country’s medical insurance funds, said the National Healthcare Security …
GLOBALink | American expat in China shows how to use COVID-19 antigen self-test kits
COVID-19 antigen self-test kits are available at drug stores and e-commerce platforms in China to aid the country’s latest COVID-19 fight. How to use the kits? An American expat living in south …
COVID-19 vaccination bill reaches 120 bln yuan in China
China has spent more than 120 billion yuan (around 18.9 billion U.S. dollars) on COVID-19 vaccination, an expenditure within the limits of the country’s medical insurance funds, said the National …
Hong Kong Leadership Election May Not Have “Beijing-Backed Front-Runner”
The election had been due to be held on March 27 but was pushed back till May 8 to allow time for the government to battle the COVID outbreak that has seen over one million…
Beijing Capital International Airport Company Limited (OTCMKTS:BJCHF) Sees Large Decline in Short Interest
Beijing Capital International Airport Company Limited (OTCMKTS:BJCHF – Get Rating) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling …
China to back military-ruled Myanmar regardless of situation
China “has always placed Myanmar in an important position in its neighborly diplomacy” and wants to “deepen exchanges and cooperation,” Chinese Foreign Minister Wang Yi told his Myanmar counterpart …
China Removes Major Hurdle to Allow U.S. Full Access to Audits
China modified a decade-long rule that restricted offshore-listed firms’ financial data sharing practice, potentially removing a key hurdle for U.S. regulators to gain full access to auditing reports …
This China City Is Separating Covid+ Children From Parents
Esther Zhao thought she was doing the right thing when she brought her 2-1/2-year-old daughter to a Shanghai hospital with a fever on March 26.
China’s WeChat suspends some accounts linked to NFTs to prevent ‘speculation’
NFTs are “crypto assets” which represent a digital item such as an image or video. Prices for some are said to be rising so fast that speculators can sometimes “flip” them for a profit within…