WeChat, China’s biggest social media platform, has just announced a ban on all accounts offering crypto or NFT-related services.
Monthly Archives For June 2022
Multinationals still full of confidence in China’s economy
China remains the world’s most appealing investment destination despite the near-term headwinds from the COVID-19 pandemic, noted representatives from multinational corporate giants and industry …
Power Consumption Soars in Northern China as Premier Issues Warning
Compounding the heat waves in China’s north are heavy rainfalls in seven provinces and a tornado that ripped through the southern metropolos of Guangzhou, which cut off power supp …
BlockFi CEO Prince on Credit Pact With FTX, Crypto Plunge: Q&A
Bloomberg Markets: China Open is the definitive guide to the markets in Hong Kong and on the mainland. David Ingles and Yvonne Man bring you the latest news and analysis to get you ready for…
US ban on imports from China’s Xinjiang over forced labour takes effect
A US law banning imports from China’s Xinjiang province took effect on Tuesday, a move aimed at addressing Beijing’s use of forced labour among the Uyghur minority …
Shanghai reports 4 confirmed, 4 asymptomatic local COVID-19 cases
A builder of China Construction Third Engineering Bureau Group Co., Ltd. works at the construction site of Huawei Qingpu research center in Shanghai, east China, June 15, 2022. (Xinhua/Ding Ting) …
China’s electric vehicle battery supply chain shows signs of forced labor, report says
There are indications that Chinese companies that produce raw materials for EV batteries use forced labor, according to The New York Times.
China Covid Cases at Four Month Low as Threat of Curbs Remains
China reported the fewest daily Covid-19 cases in more than four months for Tuesday, though the threat of restrictions remains as cities move swiftly to stamp out any flareups.
Three reasons why financial institutions are optimistic on China’s economy
China’s economy remains resilient in the long run in spite of challenges from COVID-19 pandemic, international financial institutions said. In reports and data released recently, they cited three …
Biden administration preparing for ‘wrong kind’ of China conflict in case of Taiwan invasion: book
The American Enterprise Institute warns in a new book that the U.S. is wrong to plan for a short conflict with China, and that a long war would be more likely.
Swiss Watch Exports Sustain Growth Despite China Challenges
More from WWD Movado Acquires Olivia Burton: Looks from the Brand Leisure Time: Las Vegas Jewelry Shows Preview … previous year even as there was a temporary halt of deliveries to China.
Factbox: Alibaba and Ant’s ties are starting to fray under China’s glare
Ant Group was spun off from Alibaba Group Holding 11 years ago but the two Jack Ma-founded companies had continued to collaborate closely, and even function as one company in some aspects, to maximise …
China research ties ‘damaged by vague security guidelines’, say UK academics
Academics say their ties with China have been damaged because of vague government advice on the risks of joint working.They have warned of the economic, strate …