People in Shanghai will need to take Covid-19 tests at least once a week until the end of August. Read more at straitstimes.com.
Monthly Archives For July 2022
Real estate will defeat Beijing, again
You lose some, you lose some. President Xi Jinping’s war on property speculators, which kicked off in 2020, was a good idea at a bad time. As with prior attempts, the government has bitten off…
Beijing warns AUKUS submarine project sets a ‘dangerous precedent’ and threatens non-proliferation
A new report out of Beijing declares the AUKUS nuclear submarine project is a grave risk to non-proliferation and warns that Australia may be intent on developing nuclear weapons.
China reckons with its first overseas debt crisis
The Belt and Road Initiative has seen a surge in loans going bad, prompting Beijing to issue countries with emergency credit …
Baidu reveals the next-gen robotaxi that will be deployed throughout China
Baidu, the Chinese search engine giant that has plowed money into AI and autonomous vehicle technology, unveiled Wednesday a new all-electric robotaxi that it plans to deploy at scale across China.
China to repay more depositors to defuse rural bank scandal
Chinese regulators took fresh steps on Thursday to defuse anger over a banking fraud that has sparked high-profile protests, by announcing a second round of repayments to depositors whose funds were …
China to repay more victims next week in biggest bank scam
Regulators won’t make repayments for accounts that are suspected to have involved illegal activities Read more at straitstimes.com.
China’s Shenzhen vows to ‘mobilise all resources’ to curb COVID-19 spread
SHENZHEN: China’s southern megacity of Shenzhen vowed to “mobilise all resources” to curb a slowly spreading COVID-19 outbreak, ordering strict implementation of testing and temperature checks, and …
China’s Shenzhen vows to ‘mobilise all resources’ to curb COVID spread
China’s southern megacity of Shenzhen vowed to “mobilise all resources” to curb a slowly spreading COVID-19 outbreak, ordering strict implementation of testing and temperature checks, and lockdowns …
Elon Musk reveals Tesla sold 75% of its bitcoin after crypto market crash
Elon Musk is a big fan of cryptocurrency, but it’s been revealed his electric car company Tesla has sold off a huge chunk of bitcoin that it purchased for $US936 million ($A1.4 billion). The sell-off…
Zhuhai Painter Technology’s IPO to debut on Beijing Stock Exchange
Jul 21, 2022 (China Knowledge) – Zhuhai Painter Technology (836871 … Its price-to-earnings ratio (PE) stands at 14.14. During subscription the IPO was 425 times oversubscribed. Shenwan Hongyuan …
Asian Development Bank cuts region GDP forecast as China sticks to Covid-19-zero
This is as China’s approach to containing the virus creates ripple effects on regional supply chains and economic development. Read more at straitstimes.com.
China, India need to resolve border row to avert greater loss
The only way to genuinely rebuild trust between China and India is to keep engaging in talks and try to resolve the border differences as fairly and as quickly as possible.
