China’s third-largest automaker Dongfeng has fired up a luxury off-road brand called Mengshi (Warrior), and launched it with a pair of tricked-out, military-inspired, thousand-horsepower 4WD concepts …
Monthly Archives For August 2022
China’s Shenzhen shuts electronics market to fight COVID outbreak
Authorities in China’s southern city of Shenzhen shut the world’s largest electronics market of Huaqiangbei and suspended service at 24 subway stations on Monday in a bid to curb an outbreak of …
China’s Henan police arrest 234 over rural banking scandal
Police in China’s Henan province have arrested 234 suspected criminals in relation to a rural banking scandal, the local public security bureau of Xuchang in Henan said on Monday.The work of loss …
China’s Property Slowdown Sends Bank Shares Tumbling
Shares in China’s privately run banks have fallen sharply this year, as the country’s property slowdown starts to bite.
CHINA UNICOM, DONGFANG ELEC Seal Strategic Cooperation Deal
CHINA UNICOM (00762.HK) and DONGFANG ELEC (01072.HK) clinched a strategic cooperation agreement. Pursuant to which, both companies will foster the deep integration of modern information technology and …
Ericsson, China Mobile tap 5G for public safety system
China Mobile Zhejiang partnered with Ericsson to develop and test an integrated natural disaster management system using 5G connectivity, with the public safety initiative expected to soon be deployed …
External headwinds from China, rising crude prices pose fresh threats to economy
The government will tackle them with fiscal and monetary measures with continued focus on taming inflation, driving growth and converting challenges into opportunities …
China’s August factory activity likely shrank amid COVID flare-ups, property crisis – Reuters poll
Employees work on the production line of vehicle components during a government-organised media tour to a factory of German engineering group Voith, following the coronavirus d …
China Audit Deal Offers Relief But Few Reasons To Invest
At least in principle, the agreement, announced on Friday, satisfies a long-held U.S. demand for unfettered access to Chinese audit papers – dramatically cutting the risk of Chinese firms being …
Analysis: U.S., China audit agreement not yet a done deal, lawyers warn
There was much relief for investors in U.S.-listed Chinese firms after Beijing and Washington struck a long-pending audit deal, but legal experts and China watchers warn the two sides could still …
North Korea reports unknown fever cases near China border, denies Covid-19
North Korea’s state media said on Thursday that a fever outbreak of unknown origin has emerged in a region bordering China, but it was not the novel coronavirus over which the country declared victory …
World’s Largest Electronics Market Shut Down In China Amid Covid Cases
Authorities in the southern city of Shenzhen said on Monday they have closed the world’s largest electronics market, in Huaqiangbei, as a COVID-19 prevention measure.
China exploring blockchain for energy trading
The China Energy Administration (CEA) will explore blockchain-based power trading platforms to facilitate electricity trading between self-contained power generation units and the state and national …
