The city of 7.5 million people is emerging from strict COVID-19 lockdowns that have paralyzed the global financial hub. China’s “zero-COVID policy” effectively shut down Hong Kong’s border, and it has …
Monthly Archives For June 2022
US firms in China praise quarantine cut, but coronavirus restrictions still weigh heavy on confidence
US firms in mainland China have reported small improvements in supply chain logistics and business recovery, a new survey shows, but Covid-related policymaking still lacks consistency and …
Wardrobing in China Poses a Real Risk to Fashion
Wardrobing, also known as fraudulent returns or deshopping, is gaining momentum in China. What can brands and retailers do about it?
Expansion of Beijing Stock Exchange to speed up
The Beijing Stock Exchange is expected to see a profound and fast growth in a number of listed companies in the coming months and, therefore, is actively preparing to launch an index tracking market …
FOCUS: Smartphone COVID-19 status window terrifies Beijing citizens
COVID” policy, citizens in Beijing are worried that a window may suddenly pop up on the smartphone app designed for the Communist-led government to collect personal health information. If they see the …
Brightman says singing at Beijing Olympics opening ceremony “highlight” of life
Soprano Sarah Brightman said here on Thursday that singing at the 2008 Beijing Olympics opening ceremony was the “highlight” of her life. The British superstar, who was in Tokyo to launch a Christmas …
Beijing and Shanghai back at zero Covid cases after 4 months
The capital and financial hub both recorded zero new locally-transmitted Covid infections for Monday, the first time both cities had no virus freely circulating since Feb. 19. Nationwide, China …
China’s Bank of Nanjing Dives After President Steps Down
Shares of Bank of Nanjing plunged after the president of the Chinese commercial lender resigned from all positions for work-related reasons. Bank of Nanjing [SHA: 601009] was trading down 7.3 percent …
Global smartphone, PC shipments to decline in 2022 on China slowdown – Gartner
Shipments to China – the world’s biggest smartphone market – are expected to shrink by 18% as demand takes a beating from strict COVID-19 curbs that halted activity in key economic hubs including …
Chinese A-share market emerges champion in global IPO financing in H1
Chinese A-share market emerged as a champion globally in initial public offering (IPO) financing scale in the first half (H1) of 2022, according to data from financial information provider Wind. In …
Xi Inspects Wuhan, Stresses Sci-Tech Innovation, COVID-19 Control, Community Management
Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, communicates with residents at a residential …
Beijing’s pro-Russian neutrality
The Chinese continue to buy Russian oil at discounted prices, financing Putin’s war against Ukraine. There are doubts, however, that China will defy secondary sanctions from Europe and the U.S., i …
As Beijing tightens its grip over Hong Kong, does ‘one country, two systems’ still apply?
Shipping magnate Tung Chee Hwa had a clear vision for Hong Kong in the 21st century when he campaigned in 1996 to be the city’s first chief executive after its return to China.He saw “a…
