From June 26 to July 7, a total of 323 confirmed COVID-19 cases and 1,258 asymptomatic carriers had been logged in Anhui, of which 310 confirmed cases were in Sixian. A total of about 130…
Monthly Archives For July 2022
China ex-vice public security minister on trial for graft
A former Chinese vice minister of public security has gone on trial, accused of collecting 646 million yuan ($96.3 million) in bribes over nearly two decades …
China is relentlessly trying to peel away Japan’s resolve on disputed islands
For all the speculation of quick military action by China to achieve its foreign policy goals, Beijing’s track record has been more akin to peeling an onion, slowly and deliberately pulling back …
China says India risks scaring away investors with raids on its companies
India risks damaging its reputation among foreign investors with its “frequent investigations” into Chinese companies, Beijing said this week.
CHINA MOBILE: 950K 5G Base Stations Operated in Total
CHINA MOBILE (00941.HK)’s General Manager Dong Xin, at the 2022 China Digital Economy Innovation and Development Conference, said that the company commenced services of over 950,000 5G base stations …
China’s Vivo asks court to lift Indian bank account freeze
Chinese smartphone maker Vivo has approached a court in New Delhi seeking to quash an Indian enforcement agency’s decision to freeze its bank accounts, arguing the move was “bad in law” and will harm …
China’s WeChat shuts Bloomberg’s financial news account
As China controls the internet companies under toughened laws, social media platform WeChat has shut down a Bloomberg social media account, accusing it of violating country’s regulations on online …
China sets capital requirements for financial asset investment firms
China on Friday tightened rules on companies that conduct debt-to-equity businesses for banks, setting capital adequacy requirements for so-called financial asset investment firms. Such companies …
China’s June exports, imports likely grew at slower pace amid weak demand: Reuters poll
China’s export growth likely slowed in June due to softening global demand, while COVID curbs weighed on domestic demand and imports, a Reuters poll showed on Friday.The world’s second-largest economy …
Yum China to Report Second Quarter 2022 Financial Results
Yum China’s management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Thursday, July 28, 2022 (8:00 a.m. Beijing/Hong Kong Time on Friday, July 29, 2022). A live webcast of …
China Introduces New Rules Governing Cross-Border Transfers of Data
Many businesses in the country will have to seek approvals from authorities before exporting data, increasing compliance and business costs.
MI5, FBI warn of economic espionage from China
The heads of the major intelligence agencies in the United Kingdom and the United States have warned of a possible economic challenge from China. The leaders of the FBI and MI5 warn that China may…
METALS-Copper retreats as China’s COVID woes dampen demand prospects
Benchmark London copper retreated on Friday and was on track for a fifth straight weekly loss on worries that fresh COVID-19 restrictions could slow the pace of infrastructure projects and dampen …