Local governments have been spending heavily to control the spread of Covid-19, including on extensive testing programmes Though less disruptive than lockdowns, whether local governments can afford to …
Monthly Archives For June 2022
Shenzhen tightens security ahead of Chinese president’s trip to Hong Kong
Security and Covid-19 prevention efforts have been ramped up in Shenzhen as the southern Chinese city counts down to President Xi Jinping’s trip to neighbouring Hong Kong this week. On Monday …
China’s Baidu races Waymo, GM to develop self-driving cars
With no one at the wheel, a self-driving taxi developed by tech giant Baidu Inc. is rolling down a Beijing street when its sensors spot the corner of a delivery cart jutting into its lane.
China’s Marxism majors prosper amid labour market woes
Chinese university graduates are struggling to find work in the country’s worst labour market in years — unless they have degrees in Marxism. Despite being China’s ruling ideology, Marxism has for …
China’s new antitrust rules could increase Big Tech scrutiny, adding hurdles to start-up acquisitions
Under the new rules, companies valued at US$120 million or more would need regulatory approval for M&A deals involving firms with US$15 billion in revenue The proposed rules from China’s market …
US ‘smart city’ tech highlights contrasts with China over privacy and control
American communities try to balance the benefits of new technology with the threats of a surveillance state China has a first-mover advantage abroad, particularly in developing nations, installing …
U.S. accuses five firms in China of supporting Russia’s military
U.S. President Joe Biden’s administration added five companies in China to a trade blacklist on Tuesday for allegedly supporting Russia’s military and defense industrial base, flexing its muscle to …
China cuts travel quarantine in biggest COVID zero shift yet
Bloomberg News China reduced quarantine times for inbound travelers by half, the biggest shift yet in a COVID-19 policy that has left the world’s second-largest economy isolated as it continues to …
China and Hong Kong: The UK Hongkongers living with handover’s legacy
Hong Kong, a former British colony, was handed back to China as a special administrative region (SAR). The island, both sides agreed, would continue to enjoy a high degree of autonomy until 2047 when …
China’s economy didn’t bounce back in the second quarter, China Beige Book survey finds
“While most high-profile lockdowns were relaxed in May, June data do not show the powerhouse bounce-back most expected,” according to a report released Tuesday.
China reopening positive for supply chains, but not enough to restore investor confidence: Longview Global’s McNeal
Longview Global’s Dewardric McNeal says China easing its restrictions boosts the reopening trade. With CNBC’s Melissa Lee and the Fast Money traders, Dan Nathan, Guy Adami, Tim Seymour and Jeff Mills.
US Accuses 5 Firms in China of Supporting Russia’s Military
Commerce Department also added additional 31 entities to blacklist from countries including Russia, UAE, Lithuania, Pakistan, Singapore, United Kingdom, Uzbekistan and Vietnam, according to Federal Re …
Wynn Tops BofA List of US Stocks with China Exposure
The risk of a war between China and Taiwan threatens U.S. stocks much more than the war in Ukraine, BofA said.
