It’s not only people who’ve been ordered to undergo daily Covid-19 testing in the Chinese city of Xiamen.Anything that fishermen in the popular tourist destination catch will now also have to be …
Monthly Archives For August 2022
China bemoans “discriminatory” US CHIPS Act, again
China has long stood opposed to the CHIPS Act, which was signed into law this month, having previously called it “entrenched in the Cold-War and zero-sum …
China’s export market a ‘real vulnerability’ for Taiwan: Expert
Council on Foreign Relations research fellow David Sacks joins Yahoo Finance Live to discuss trade talks between the U.S. and Taiwan and how the U.S. and China could clash over Taiwan policy.
NYPD officer accused of spying for China to stand federal trial next month after release on $2M bond
Army reservist with secret-level security clearance, will stand trial in September for allegedly spying for the Chinese government.
China’s economy is beset by problems
China’s zero-covid policy has left its economy equally trapped. The impact is both direct and indirect, hampering both supply and sentiment. The most profound effects are not always the most obvious.
China denies its BRI, CPEC projects faced serious crisis as countries like Pakistan, Sri Lanka drowned in debt
China on Thursday put up a brave face defending its ambitious USD 147 billion BRI, playing down a flurry of reports highlighting that President Xi Jinping’s pet strategic project is turning out to be …
Blockchain venture capital funding down over 43% in July: Report
Typically a lagging indicator of the sector’s health, the explosion of venture funding in the blockchain sector in 2021 and the first half of 2022 appears to be cooling off after seven consecutive …
China Mobile and ZTE complete commercial trial of co-routing detection in existing optical network
ZTE Corporation together with the Yunnan Branch of China Mobile, has completed the commercial trial of co-routing detection in China Mobile’s existing optical network in Yunnan Province, China. The …
China’s gold imports from Switzerland have soared to a 5-year high as Covid-19 lockdowns ease
The 80 tons of gold China imported in July were more than double the volume in June and eight times more than in May.
China allocates 420 million yuan for disaster relief
China on Wednesday earmarked 420 million yuan (about 62 million U.S. dollars) of disaster relief funds to support flood control and drought relief work. Among the emergency funds, which were allocated …
China’s United Imaging debuts on Monday after biggest STAR Market IPO this year
Shanghai United Imaging Healthcare Co will start public trading next Monday, the company said, after raising roughly $1.6 billion in the biggest initial public offering (IPO) on Shanghai’s …
Yangtze River at record low as China attempts to ‘induce’ rainfall with cloud-seeding planes
Asia’s largest waterway, the Yangtze River, is now at record low levels amid a historic drought and record-breaking heatwave in China, with the country now attempting to induce rainfall with …
China Tourism Group prices Hong Kong IPO at HK$158, raising US$2.1 billion
The world’s largest travel retailer by sales prices Hong Kong IPO at HK$158 per share, helping it raise US$2.1 billion in what amounts to the city’s top deal this year.