The Chinese ride-hailing giant’s delisting is expected to help complete its government-ordered rectification process, so that it can resume normal operations.
Monthly Archives For June 2022
Beijing COVID-19 volunteers in communities to receive compensation
Gao Qiuping, 37, has been volunteering at a community in west Beijing’s Shijingshan District since May, when a COVID-19 outbreak started in China’s capital.
China blasts US ‘bully’, says it will ‘fight to the end’ for Taiwan
Under US policy, Washington provides Taiwan defensive weapons, but has remained intentionally ambiguous on whether it would intervene militarily in the event of a Chinese attack – …
Ukraine, U.S.-China relations dominate Asia security meeting
The war in Ukraine and China’s increasingly tense relationship with the United States featured in nearly every session of the Shangri-La Dialogue in Singapore, which ended on Sunday after three days …
China’s exports surge to double-digit pace in May, beat forecast
China’s exports rebounded and grew at a double-digit pace in May, shattering expectations and adding to signs that China’s economy is recovering from COVID-19 outbreaks as factories restarted and …
Lockdown Fears Linger as Beijing Says Harder to Control Cluster
(Bloomberg) — Beijing’s local government said a Covid-19 outbreak linked to a popular bar is proving more difficult to control than previous clusters, in a weekend that saw mass testing and rising …
UPDATE 1-Mass COVID testing announced for Beijing’s Chaoyang district amid ‘ferocious’ outbreak
Beijing’s most populous district Chaoyang announced three rounds of mass testing to quell a “ferocious” COVID-19 outbreak that emerged at a bar in a nightlife and shopping area last week, shortly …
US, China Blame Each Other Over Food Insecurity
China and some Africans blame US for exacerbating looming food crisis caused by war in Ukraine, while Washington accuses China of hoarding grain …
Is Covid about to ‘explode’ in China? Bar, salon become source of outbreak in Beijing, Shanghai
A Chinese government official had said that 61 cases were uncovered in Beijing on Friday, and all the patients were linked to ‘Heaven Supermarket Bar’ – they had either visited the bar themselves or …
Beijing orders mass Covid testing after ‘ferocious’ outbreak
Workers set up metal barriers around closed shops and eateries in Beijing on June 12. (AP pic) BEIJING: Beijing’s most populous district Chaoyang announced three rounds of mass testing to quell a …
Beijing threatens to wage war with US over Taiwan: What is China’s problem with Taiwan?
“Beijing will not hesitate to start a war if Taiwan declares independence,” Chinese Defence Minister Wei Fenghe conveyed a strict warning to his American counterpart Lloyd Austin, once again stirring …
Chinese war hero’s daughter slams Beijing’s Covid-19 management
Luo Diandian’s father Luo Ruiqing is hailed as the creator of the Chinese security and police apparatus. He served as the Chief of Joint Staff between 1959 and 1965, the period which witnessed the …
The rise and fall of Secoo: how China’s top luxury retailer fell off the catwalk after glory days of US$140 million Nasdaq IPO
The spectacular fall from grace of China’s top luxury retailer Secoo offers a cautionary tale about how many companies which were once seen as rising stars in a high-growth market are now facing the …