With Beijing and Shanghai struggling to control Covid-19 outbreaks, China’s pandemic strategy faces a moment of truth. The highly infectious Omicron variant of the coronavirus has shut down Shanghai …
Monthly Archives For May 2022
S Korea exports to China drop
South Korea’s exports to China dropped last month, highlighting the impact that COVID-19-related lockdowns in Chinese cities are having on supply chains around the region. Shipments to China fell 3.4 …
HilleVax’s IPO hauls in $200M for clinical test of VLP norovirus vaccine from Takeda
Despite the dismal market for IPOs this year, HilleVax shares showed … Companies pursuing VLP vaccines for norovirus include two Chinese firms, China National Biotec and Chongqing Zhifei …
Update: Beijing reports 55 new local COVID-19 cases
A medical worker takes a swab sample from a resident for nucleic acid testing in Daxing District, Beijing, capital of China, April 30, 2022. (Xinhua/Peng Ziyang) BEIJING, May 1 (Xinhua) — Beijing …
Monitoring Chinese imports
The attaché in China has adjusted the country’s corn import forecast for the 2021/22 marketing year. The attaché now believes China will import 24 million metric tons of corn this year, 2 million …
China Calls Out U.S. Dollar Dominance As It Buys Russian Coal With Yuan
leaving Russia with fewer options for a credit card provider for its global business. “China UnionPay chooses not to cooperate with Russian banks, for fear that itself will get implicated in the …
China’s policy bank provides 197.3 bln yuan in green loans in Q1
BEIJING, May 1 (Xinhua) — The China Development Bank, one of the country’s policy banks, has provided 197.3 billion yuan (29.8 billion U.S. dollars) in green loans in the first quarter of the year.
China to make all-out efforts to stabilize industrial, supply chains: official
Noting that the difficulties are short-term and temporary, Xin said the sound long-term fundamentals of China’s industrial economy remain … the official also pledged further efforts to improve the …
China’s Changchun clears COVID-19 risk areas
(Xinhua/Zhao Dandan) CHANGCHUN, May 1 (Xinhua) — Changchun, the capital of northeast China’s Jilin Province, has cleared all medium and high-risk areas for COVID-19, the municipal epidemic prevention …
China ‘doubling down’ on illicit trade and economic theft, U.S. trade report says
China’s communist government is increasing its systematic theft of U.S. technology and intellectual property and conducting other illicit economic activities, according to the latest annual survey by …
China Focus: China’s endeavor to becoming intellectual property powerhouse
China will continue to leverage IP to drive innovation, particularly in meeting the demand for new technologies and industries such as big data, artificial intelligence, gene technology and blockchain …
China’s large internet companies post steady revenue growth in Q1
BEIJING, May 1 (Xinhua) — China’s large internet companies reported steady revenue growth in the first quarter of the year, data from the Ministry of Industry and Information Technology (MIIT) showed …
China’s manufacturing sector braves headwinds amid policy support
China will see 70 percent of its major manufacturing firms … according to a development plan issued by the Ministry of Industry and Information Technology (MIIT) with other departments. During …
