Shanghai formally ended its two month citywide lockdown on Wednesday, but the economic effects of the coronavirus control measures are still reverberating through the Yangtze River Delta.
Monthly Archives For June 2022
Russia to Prioritize ‘Strategic Partnership’ With China: Lavrov
In prepared remarks at the top of an academic conference hosted by state-backed think tanks from Moscow and Beijing, Lavrov said Russia’s cooperation with China continued to grow in “scale and …
Earthquake shakes China’s Sichuan province, damages houses
Houses were damaged and rail service partially suspended after a magnitude 6.1 earthquake struck Wednesday in southwestern China’s Sichuan province …
More seek gun training in Taiwan as Ukraine war drives home China threat
From tour guides to tattoo artists, some in Taiwan are taking shooting lessons for the first time in their lives as Russia’s invasion of Ukraine ratchets up anxiety at the prospect of giant neighbour …
At least one person dead in earthquake in southwestern China
A magnitude 6.1 earthquake damaged houses and killed at least one person in southwestern China on Wednesday, authorities and state media said.
China’s property bond market heats up
Half a dozen property issuers are preparing to tap China’s exchange bond market this week, to take home nearly Rmb11.7bn ($1.8bn) between them. However, smaller, private developers are still largely …
China’s Tencent revises pay rise policy in memo, amid cost savings pressures
China’s Tencent Holdings has told staff it will no longer guarantee them a pay raise upon promotion, according to an internal letter seen by Reuters, as it reviews its salary policy amid a wider …
China-backed hackers are exploiting unpatched Microsoft zero-day
China-backed hackers are exploiting an unpatched Microsoft Office zero-day vulnerability, known as “Follina”, to execute malicious code remotely on Windows systems. The high-severity …
Crypto.com price shows a vital level that traders must pay attention to before entering any positions
Crypto.com coins are stabilising around $0.1880 as price action consolidates. CRO price shot through a near-term pivotal level and is holding the area above. Expect to see a pop higher, toppling $0.20 …
Apple is moving some iPad production outside China for the first time, report says
The iPad will be the second major Apple product to be made in Vietnam alongside the AirPods Pro 2, according to a Nikkei Asia report.
Ant Group-backed smart vending machine start-up Ubox seeks Hong Kong IPO after failing to list in A-shares market
Beijing Ubox Online Technology Corp, which posted over US$204 million in losses over the past two years, had been working for more than four years to list on the A-shares market, but withdrew its IPO…
HSBC to invest more than $447M in China over five-year period
HSBC (HSBC) plans to invest more than 3B yuan ($447M) in China between 2020 and 2025, CEO Noel Quinn told China state-run news organization Xinhua, citing the country’s …
Global Factory Growth Stunted By War, China’s COVID Curbs
Global growth in factory activity slowed in May as China’s strict coronavirus curbs and Russia’s invasion of Ukraine disrupted supply chains and dampened demand, adding to woes for businesses already …
