Beijing on Wednesday closed around 10% of the stations in its vast subway system as an additional measure against the spread of the coronavirus. The subway authority said in a brief message that the …
Monthly Archives For May 2022
GSBN develops proof-of-concept for two blockchain-based trade finance products
Comprised of Bank of China (Hong Kong) Limited (BOCHK), DBS Bank and The Hongkong and Shanghai Banking Corporation Limited (HSBC), GSBN’s Trade Finance Advisory Group aims to build upon blockchain …
China’s Private Refiners Secretly Buying Russian Oil At Low Prices To Evade US’ Embargoes
China’s private refiners have been accused of secretly purchasing … He further warned that if the US imposes secondary penalties on third-country companies doing business with Russia, the company’s …
Beijing Halts Public Transport As China Continues To Fight Covid
China’s capital city Beijing has shut more than 40 subway stations, about a tenth of the network, and 158 bus routes, service providers said. Most of the suspended stations and routes are in the …
Nomura doubles down on China, ESG
Nomura has named three new managing directors across its China business as part of its strategy to bolster its presence in the market. Sheng Wu has joined the Japanese bank as MD and vice chairman…
China’s tech giants are having FOMO on NFTs
In mid-April, a group of industry associations in China issued a warning against the potential financial … NFTs must not be traded with cryptocurrencies, said the country’s banking, internet finance …
New exhibition in Shenzhen features renowned artist’s gigantic sculpture
A sculpture of a giant person walking stands still at the entrance of the Super Sample exhibition in Shenzhen, South China’s Guangdong Province. One of the largest artworks produced in China in recent …
China lockdowns erode multinationals’ revenues
Delivered 3 times a week. Coronavirus lockdowns in China are eating into the revenues of big global retailers, with hundreds of millions of residents confined to their homes in the world’s largest …
Maersk says China lockdowns may worsen container congestion
COPENHAGEN, May 4 (Reuters) – Bottlenecks in global container shipping could worsen later this year as a result of new COVID-19 lockdown measures in China, shipping group Maersk (MAERSKb.CO) warned on …
U.S. plans to impose sanctions on China’s Hikvision – FT
May 4 (Reuters) – The United States is moving towards imposing sanctions on Chinese video surveillance company Hikvision (002415.SZ), the Financial Times reported on Wednesday. The White House and …
China Mobile Hong Kong Launches Online Medical App “Dr. HK”
Mr. Ben Li, Chief Executive Officer of Heals said, “Heals is proud to have partnered with China Mobile Hong Kong, being part of China Mobile, a Fortune 500 mobile network brand with the largest …
China’s tech companies get a temporary reprieve, not a pardon
Over the past few years, political ideology focused on redistributing wealth and driving China toward a grand vision of technology and resource independence has taken precedence over almost everything …
U.S. Takes First Step Towards Four-Year China Tariffs Review
Earlier: How China Won Trump’s Trade War and Got Americans to Foot … While some businesses have benefited from the tariffs protecting them from Chinese import competition, others who use the Chinese …
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