The reasons China won’t budge from its strict COVID controls lie deep within the workings of the Chinese Communist Party, especially under its current boss, President Xi Jinping. The zero-COVID policy …
Monthly Archives For September 2022
Key semiconductor trade fair in China cancelled as nation contends with surging Covid-19 cases
SEMICON China in Shanghai, a two-day event that was pushed back to October from June, has once again been called off, the organiser confirmed China is rushing to contain a surging number of local …
China’s financial hub Shanghai to extend free COVID testing services
China’s financial hub Shanghai will extend free regular COVID-19 testing services to Oct. 31 to further consolidate the results of their epidemic prevention efforts, the city government said on Friday …
Lambo reaches out to China’s finance ministry, auditors over subsidiary’s alleged wrongdoing
Lambo Group Bhd has reached out to China’s finance ministry and the past and present auditors of its indirect wholly owned subsidiary Fujian Accsoft Technology Development Co Ltd over alleged …
Legendary China Bets Unwind as Buffett, SoftBank Sell
For early backers, they’ve been some of the most profitable Chinese stock investments of all time: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and BYD Co.But now big-name investors who’ve made …
Champions League rights snapped up China Mobile’s Migu
Migu also has rights to the ‘big five’ European leagues Parent China Mobile sees sport as a showcase for 5G China Mobile has acquired the non-exclusive rights to Uefa’s club soccer competitions for …
China’s Wall Street IPO audit climbdown is a signal of financial fragility
China’s decision to let US regulators audit its New York-listed corporates is a shock. It’s both a U-turn, a climbdown and a sign, more than anything, of China’s enduring financial frailty.
Zero COVID Has Outlived Its Usefulness. Here’s Why China Is Still Doing It.
The reasons China won’t budge from its strict COVID controls lie deep within the workings of the Chinese Communist Party, especially under its current boss, President Xi Jinping. The zero-COVID policy …
EMERGING MARKETS-FX firms as dollar loses ground; stocks jump on Beijing stimulus hopes
Currencies across emerging markets strengthened on Friday as the dollar recoiled from recent peaks, while stocks were led higher by Chinese equities on hopes of more stimulus from Beijing. MSCI’s …
China’s currency weakens as its economic woes mount
China’s government-influenced currency is tumbling — and it’s close to crossing a somewhat sensitive milestone relative to the dollar. Why it matters: The drop in the value of the currency, officially …
Economic Watch: China’s large enterprises gain momentum amid challenges
China’s large enterprises have staged remarkable growth with rising revenue and profit in 2021 amid an increasingly complex international environment compounded by the COVID-19 pandemic. The 2022 list …
Why China Is Still Imposing Lockdowns
Strict adherence to the zero-COVID policy suggests that the Communist Party’s real priority is protecting itself, not the public.
China’s complaints about U.S. spying are laughable to many
Welcome to The Cybersecurity 202! Because we don’t say it often enough, please send tips to tim.starks@washpost.com. Below: A major cryptocurrency firm is funding a lawsuit over U.S. sanctions on a …