At least 46 people have died after an earthquake hit China’s southwestern Sichuan province on Monday, according to Chinese broadcaster CCTV citing local authorities.
Monthly Archives For September 2022
China’s pharmaceutical industry will be at the global forefront in the next five years, says Shanghai Fosun chairman
The industry has a solid foundation and strong long-term prospects, Shanghai Fosun Pharmaceutical chairman Wu Yifang says in an interview The company is boosting research investments as it aims to …
Taiwan’s military struggles to adapt as China threat grows
Taiwan’s former top military official issued a dire warning last week. The armed forces lacked a clear strategy to defend the country against a Chinese attack and the president might not understand …
Chart of the day: Slowing China exports drags Singapore’s growth
Export to China has contracted to translate to a slowdown in Singapore’s own growth. This chart from ING shows the monthly exports to China from July 2020 to July 2022, showing a slowdown in growth…
Coronavirus: how China’s strict Covid-19 control measures have evolved over the past 5 months from Shenzhen to Shanghai
China’s dynamic zero-Covid-19 strategy has seen some adjustments in Shenzhen, following its strict enforcement in Shanghai earlier this year At present, dozens of cities across the country have …
China-focused Welkin to launch $300 million London IPO
China-focused Welkin China Private Equity said on Monday it expects to raise up to $300 million through an initial public offering and plans to list itself on the London Stock Exchange.The investment …
Welkin China Private Equity seeks US$300mln on London IPO
Welkin China Private Equity has announced an initial public offering on the London Stock Exchange with an expectation to raise US$300mln, the growth equity investment firm disclosed on Monday. Welkin …
Global companies eye China’s long-term growth despite challenges Global companies eye China’s long-term growth despite challenges
Multinational companies are committed to China’s long-term market growth as over 500 firms attended the 2022 China International Fair for Trade in Services (CIFTIS) in Beijing, displaying their unique …
Crypto miner Poolin pauses BTC and ETH withdrawals, citing ‘liquidity problems’
Poolin said its wallet service was “facing some liquidity problems due to recent increasing demands on withdrawals” and it planned to temporarily stop payouts of Bitcoin and Ether.
The digital yuan offers China a way to dodge the dollar
China’s dependence on the dollar has long been a source of frustration in Beijing. It not only cements China’s vulnerability to sanctions, but also exposes China to America’s macroeconomic whims. To …
China approved a COVID-19 vaccine mist that can be inhaled: the first needle-free booster option
The nasal mist is meant to be used as a booster dose after an initial shot of the COVID-19 vaccine by CanSino, a Chinese vaccine maker.
Beijing’s manufacturing units hit hard amid covid outbreak, power outages
Amid a continuing onslaught of the coronavirus, power shortages caused by record heatwaves have hit hard China’s manufacturing sector as activity remained in contraction and the outlook remained bleak …
China still top market for farm exports
Rural Bank’s latest agricultural report shows China remains Australia’s most valuable market and almost every state has broken export records.
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