Germany’s BMW said on Thursday that production has formally begun at a new plant in China with an investment of 15 billion yuan ($2.24 billion) as the carmaker accelerates electric vehicle (EV) …
Monthly Archives For June 2022
China registers 13 new locally confirmed COVID-19 cases
China reported 13 locally transmitted confirmed COVID-19 cases, including three in Beijing and nine in Shanghai and one in Inner Mongolia Autonomous Regions in the past 24 hours, according to the …
Shenzhen financial regulators vow to prevent ‘further’ crypto risks
Three financial regulators in Shenzhen said they would “prevent further risks” in crypto trading, while warning that cryptocurrencies and related businesses are illegal in the mainland.
Common interests outweigh differences: Wang Yi tells India’s envoy to Beijing
India common interests far outweigh their differences Chinese Foreign Minister Wang Yi told the Indian ambassador to China Pradeep Kumar Rawat on Wednesday …
Beijing continues to find scattered infections
A medical worker takes a swab sample from a resident for nucleic acid testing at Balizhuang subdistrict in Chaoyang district, Beijing, June 11, 2022. [Photo/Xinhua] Beijing has continued to report new …
Gone too soon: Fentanyl flowing from China
Victims Of Illicit Drugs, known as VOID, aims to combat the fentanyl epidemic in the United States. Fentanyl flows into the U.S. through China and Mexico and kills more than 100 people in the U.S.
China’s Xi calls for stronger fintech oversight, security
A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard by a …
G7, NATO leaders to ratchet up pressure on Russia, keep eye on China -U.S. officials
Leaders from the Group of Seven rich democracies and the NATO alliance will work to increase pressure on Russia over its war in Ukraine next week, while underscoring their continued concerns about …
China warns Bitcoin is heading to zero but BoE looks on the bright side
State-run media outlet Economic Daily in China warned readers that due to its lack of fundamental value and under-regulation in the west, Bitcoin price could fall to zero.
China’s technology firms among pacesetters of metaverse
That is part of what the tech buzzword metaverse promises. You are likely to experience it sooner than expected, as global tech giants and pioneers are rushing to develop industry standards for the …
China Foreign Affairs University Posts, And Then Deletes, Draconian Coronavirus Restrictions
A list of ten “forbidden” behaviors posted to (and then deleted from) the public WeChat account of China Foreign Affairs University (CFAU) in Beijing seemed to reveal discontent with strict pandemic …
US-China relations: Beijing has own ‘trade weapons’ to counter Xinjiang ‘forced labour’ law
China has the power to unleash its own trade weapons against the United States in response to a new law banning imports from Xinjiang over alleged forced labour, analysts say, as Beijing vows action …
Here’s what China’s e-commerce giants are telling us about the economy
Across five major e-commerce platforms’ GMV, Alibaba’s market share fell by 6% in the first quarter versus the fourth, according to Bernstein analysis published early this month. “Our top picks in the …
