According to the recent CPEC Authority report, Pakistan could complete only three projects in Gwadar but its “one-dozen projects costing nearly USD 2 billion remain unfinished including water supply …
Monthly Archives For June 2022
Snip! A burgeoning business is nipped in the bud by coronavirus
His dream of a successful new business evaporated during the recent resurgence of the coronavirus pandemic. Li, 24, hails from Henan Province, which he left at age 16 to seek fortune in Shanghai.
China plans to have every single comment reviewed before it’s published on social media
China may soon review every single comment before it goes out on social media. China’s internet watchdog released draft rules on Friday, calling for platforms to monitor comments. Social media users …
Deutsche Bank Awaits Market Calm Before Going Long China Stocks
Deutsche Bank AG’s private-banking arm said it may upgrade its view on Chinese equities to overweight in the next few months, as it sees US inflation peaking and calm returning to global markets in …
China Sends Warplanes Near Taiwan After US Rejects Strait Claims
China sent its third-largest sortie of warplanes toward Taiwan this year, after the US rejected Chinese claims over the Taiwan Strait and reports of arms sales talks with Taipei in Washington. Most …
Another Brand Joins the K-Beauty Exodus From China
L’Oréal-owned 3CE Stylenanda is closing its Beijing location, leaving just two other stores in China. Is this a sign of the times for K-beauty?
China’s Golden Sun Education prices $17.6M U.S. IPO
Golden Sun Education Group (GSUN) has priced its initial public offering of 4.4M Class A ordinary shares at $4/share for an aggregate gross proceeds of $17.6M.The underwriter …
Beijing City Reports Three Local COVID Cases on Wednesday as of 3 P.m
Uncertainty over Beijing city’s COVID prevention and control situation has increased with new community cases emerging continuously, Liu Xiaofeng, deputy director at Beijing Cente …
Onion Global’s Strategy Helps Chinese Brands “Go Global”
Onion Global Limited (“Onion Global”, the “Group” or the “Company”) (NYSE: OG), a next-generation lifestyle brand platform that incubates, markets, and distributes the world’s fresh, fashionable, and …
North Korea could be delaying nuclear test because of China, COVID-19: official
North Korea could be pushing back what would be its seventh nuclear weapon test in consideration of China’s political calendar and its own situation with COVID-19, a presidential official said …
Volkswagen CEO says optimistic about meeting China target in 2022
DOHA, June 22 (Reuters) – Germany’s Volkswagen (VOWG_p.DE) is optimistic that the carmaker can meet its 2022 targets in China despite COVID-19 lockdowns, its chief executive said on Wednesday. “We’re …
Universal Beijing Resort to Reopen on June 25 as COVID Cases Drop
The Universal Beijing Resort said on Wednesday it will reopen on June 25 after being closed for nearly two months as the Chinese capital city was battling with COVID-19 cases. The resort said on its…
Take a look at China’s biggest destroyer, a $920 million cruiser that’s said to be the second-most powerful in the world after the USS Zumwalt
The warships, which are also known as Renhai-class cruisers, are the most advanced warships China has ever made.