Beijing is preparing new hospital facilities to deal with its COVID-19 surge. State media reported Tuesday that a 1,000-bed hospital at Xiaotangshan, built for the 2003 SARS outbreak, has been …
Monthly Archives For May 2022
KWEB: Still Too Risky
China Mobile and China Unicom was initiated. In 2021, the Chinese government had actively taken on the regulation of the technology sector and the Internet industry in the country, issuing new …
Investment, financing drop in China’s internet sector in Q1
said a report released by the China Academy of Information and Communications Technology (CAICT). The disclosed value of investment and financing in the country’s internet sector stood at 3.51 billion …
Xi Focus: Xi encourages youth to help boost China’s aerospace sci-tech self-reliance
(Xinhua/Jin Liwang) BEIJING, May 3 (Xinhua) — Chinese President Xi Jinping has encouraged youth in the aerospace sector to contribute more to China’s realization of greater self-reliance in aerospace …
Quarles: U.S. doesn’t need CBDC to compete with China
More pointedly, the Fed’s former vice chair for supervision said the threat to U.S. financial dominance posed by China, which launched a pilot program for a digital renminbi last year, has been …
Oil Slips as China Lockdowns Overshadow Russian Output Risk
(Bloomberg) — Oil slipped from brief gains as lockdowns across China countered looming European Union measures to limit purchases of Russian fuel. Most Read from Bloomberg Citi Trader Made Error …
Tesla leveraged local authorities to reopen Shanghai factory, eyes expansion in China – Reuters
The letter is alleged to tout the planned plant as “the world’s largest vehicle export hub.” Read more on how BYD Company (OTCPK:BYDDY) defied the broader trend for Chinese EV deliveries.
Blockchain-based Service Network Market to Witness Huge Growth by 2026 | Digital Asset, Blockstream, Intel
Permissionless Blockchains & Permissioned Blockchains Global Blockchain-based Service Network Market by Key Players: China Mobile Communications Co., China Mobile Financial Technology, Beijing Red …
Beijing tightens measures as some residents grow weary.
Authorities are trying to avoid a lockdown like the one imposed in Shanghai. By Amy Chang Chien and Amy Qin Residents in Beijing remained on edge on Tuesday as the authorities announced new measures …
Beijing to postpone school reopening for at least one week after labour day holiday as cases rise
A press briefing on Tuesday announced that schools in Beijing will reopen at least one week after the labour day holiday. The decision was taken keeping the growing rate of cases in mind. The rising…
China building collapse: Two dead and more missing in Changsha
Two people have died after a building collapsed in south-east China on Friday, Chinese state media report. At least 14 others are thought to be trapped under the rubble of the six-storey structure in …
Estee Lauder’s ‘Catastrophic’ Outlook Blamed on China Lockdowns
Chief Executive Officer Fabrizio Freda said the company is “confident that our business in China will rebound when Covid abates.” In the meantime, the implied outlook for the current quarter looks …
China to provide 300 mn yuan loan to Sri Lanka amid economic crisis
China has decided to provide a loan of 300 million yuan to … (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content…
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