A building collapse one week ago in central China killed 53 people, state media reported Friday as the search of the large pile of debris ended after rescuers found 10 survivors.
Monthly Archives For May 2022
53 dead in China building collapse, search for trapped ends
Chinese state media say 53 people died in a building collapse one week ago in central China and 10 were rescued. Authorities said Friday the search had ended for people trapped from the collapse.
China’s Covid lockdowns are hitting more of the country beyond Shanghai and Beijing
While the bulk of China’s new Covid cases are in Shanghai and Beijing, data show the impact of business restrictions is more widespread.
Former China Development Bank Exec Charged for Taking Bribes State Media
A former vice president of China Development Bank (CDB), He Xingxiang, has been charged for taking bribes, the official Xinhua news agency said on Friday. He is also charged for issuing financial …
China reports 4,714 new confirmed coronavirus cases on May 5 vs 5,113 a day earlier
Mainland China reported 4,714 new coronavirus cases on May 5, of which 374 were symptomatic and 4,340 were asymptomatic, the National Health Commission said on Friday. That compares with 5,113 new …
JD.com founder Richard Liu to get US$273 million from the e-commerce giant’s first dividend since 2014 IPO
The company has approved a special cash dividend of 63 US cents per ordinary share and US$1.26 per American depositary share, for a payout of US$2 billion JD.com’s first dividend payment since going …
China Resources Enterprise and Fung Investments form US$300 million Investment Platform
Dr. Victor Fung, Chairman of Fung Investments, said: “The growth of Chinese consumerism is set to sustain growth and create abundant opportunities for consumer and lifestyle companies that are looking …
China’s COVID curbs rattle EU business confidence
European firms operating in China are feeling the negative impacts of Beijing’s “zero-COVID” policy, according to a business survey published Thursday.The European Chamber of Commerce in China said …
China’s Covid rules batter business confidence: EU Chamber
“While the war (in Ukraine) has had an impact on European businesses operating in China, Covid-19 presents a far more immediate challenge and has caused a considerable drop in business confidence,” …
Beijing reports 55 new symptomatic COVID cases, 17 new asymptomatic cases for May 5
Beijing reported 55 new symptomatic COVID-19 cases for May 5, up from 42 cases a day earlier, state television said on Friday.
US-China tech war: Surveillance giant Hikvision faces fresh, tougher scrutiny in Washington
Washington may impose fresh sanctions on Hikvision for its alleged involvement in human rights violations in Xinjiang region, China …
‘How did we catch it?’: Spread of Covid-19 baffles locked-down Shanghai residents
Thousands have caught Covid-19 in compounds that had been free of the coronavirus and sealed off for weeks. . Read more at straitstimes.com.
Xi Jinping says China’s Covid policies will ‘stand the test of time’ in Shanghai
The Chinese leader was speaking at a meeting of the country’s top policymaking body, addressing the outbreak in the key commercial hub for the first time Officials were warned not to challenge the …