Anger and criticism over China’s unrelenting zero-Covid policy has erupted after a bus transporting residents to a coronavirus quarantine facility crashed on Sunday, killing 27 people.
Monthly Archives For September 2022
Xaar’s 1H Pretax Loss Narrowed as Margins Rose; China Business Hurt by Covid-19
By Anthony O. Goriainoff Xaar PLC said Tuesday that first-half pretax loss narrowed as strong revenue growth led to a 40% rise in overall gross margins, …
Nation’s secondhand automobile export business steps up a gear
When China officially launched its secondhand vehicle export business in 2019, dealers had to send a huge number of e-mails and set up attractive websites to entice overseas buyers. But with the …
China reports 789 new COVID-19 cases for Sept 19 vs 990 a day earlier
China reported 789 new COVID-19 infections for Sept. 19, of which 152 were symptomatic and 637 were asymptomatic, the National Health Commission said on Tuesday. That compared with 990 new cases a day …
Talk of HK emigration wave not appropriate: Beijing
A Beijing official overseeing Hong Kong affairs said on Tuesday that’s it’s not very appropriate for people to say that there is a wave of …
Pacific islands a key U.S. military buffer to China’s ambitions – report
China sees the Pacific islands as an area of significant strategic interest and the United States should strengthen its commitment to north Pacific island states, now in talks to renew a defence …
Chinese posts falsely suggest ‘China was not invited to Queen Elizabeth II’s funeral’
Chinese social media posts shared hundreds of times ahead of the funeral for Britain’s Queen Elizabeth II suggested that China was among the countries whose officials were not invited to the ceremony …
Ecuador reaches $1.4bn debt restructuring deal with China
Ecuador announced on Monday night that it has reached a debt relief restructuring agreement with Chinese banks worth $1.4bn until 2025, as Beijing increasingly offers bailouts to countries at risk of …
China EV maker seeks $1bn in Hong Kong’s biggest IPO of 2022
Electric vehicle maker Zhejiang Leapmotor Technology is seeking to raise as much as $1bn in what would be Hong Kong’s largest initial public offering this year, in the latest test of investor appetite …
Nexus Of Pak-China Against India In Play As Beijing Blocks UNSC Listing Of Third Pakistani Terrorist
After Pakistani terrorists Abdul Rehman Makki and Abdul Rauf Azhar, China has now used its status as a permanent member of the UN Security Council (UNSC) to put a hold on the listing of another…
Ecuador reaches $1.4 debt restructuring deal with China
Ecuador announced on Monday night that it has reached a debt relief restructuring agreement with Chinese banks worth $1.4bn until 2025, as Beijing increasingly offers bailouts to countries at risk of …
Russia’s surging oil exports to China in Aug fail to keep Saudis down -data
China’s crude oil imports from Russia in August surged 28% from a year earlier, data showed on Tuesday, but it handed back its top supplier ranking to Saudi Arabia for the first time in four…
China’s Aug Coal Imports From Russia, Indonesia Soar as Heatwave Spurs Power Use
China’s coal imports from Russia rose in August, exceeding last month’s level and hitting the highest in at least five years, as power utilities in the world’s biggest coal consumer sought overseas …