BEIJING: The first direct flight of Pakistan International Airlines (PIA) from Islamabad arrived in Beijing Sunday, two days before the scheduled arrival of Prime Minister of Pakistan Muhammad Shehbaz …
Monthly Archives For October 2022
Economic ties with China take a backseat to national security
National security fears in both Washington and Beijing threaten to eclipse prospects for greater commercial cooperation, leaving corporate executives worried.
3 Bank Chiefs Pull Out of Hong Kong Conference as China Scrambles for Covid
To top matters off, Hong Kong’s financial secretary, Paul Chan Mo-po, contracted Covid last week while on a trip to Saudi Arabia to drum up investment. He delivered a video addres …
Coronavirus: iPhone factory exodus shows how China’s Covid narrative still strikes fear in public
Foxconn employees said they would rather trek long distances than face the risk of what would likely be a minor infection Analysts say the Chinese government has portrayed the virus as a monster, …
Shenzhen urged to explore fiscal, tax innovations to drive high-quality economic development, technological breakthroughs
China’s Ministry of Finance announced measures on Monday to support the city of Shenzhen, South China’s Guangdong Province, to explore innovative fiscal and taxation policies that will facilitate high …
Shanghai Disney Resort closes doors indefinitely amid COVID-19 outbreak in China
Shanghai Disney Resort announced Monday that it was closing its doors indefinitely amid an escalating COVID-19 outbreak in China that has forced the shutdown of the company’s two major theme parks …
China Launches Its Space Station’s Third and Final Module
Completing the Tiangong space station is the latest step in Beijing’s effort to match and eventually surpass the United States in space exploration.
China Slams Reported Plan for US B-52 Bombers in Australia
A news report says the United States is preparing to deploy up to six nuclear-capable B-52 bombers in northern Australia, prompting China to accuse the U.S. of undermining regional peace and stability …
Oil slides as China factory gauge slumps; natural-gas futures snap back sharply higher
Oil futures fall Monday, feeling pressure after a weak reading on China factory activity and a widening of COVID-19 curbs. Beaten-down natural-gas futures jump.
One Crypto, Two Systems: How Hong Kong and China Differ on Regulation
Hong Kong has been a part of China since 1997 under the “one country, two systems” approach. While Beijing maintains control over Hong Kong’s diplomacy and defense, the country is still allowed to …
Stellantis and GAC’s Jeep joint venture to file for bankruptcy in China
Stellantis CEO Carlos Tavares at the time blamed the growing “political influence” in doing business with partners in China, while GAC said it was “deeply shocked” by the decision.
iPhone Output at Foxconn’s Biggest Plant Could Fall by 30% Next Month Due to China Lockdowns
Phone production at one of the world’s largest factories could fall by as much as 30% next month due to tightening COVID-19 restrictions …
iPhone production at major plant in China could fall 30% due to tightening COVID-19 curbs, source says
Manufacturer Foxconn is working to boost production at another factory in Shenzhen city to make up for the shortfall, a person with direct knowledge of the matter said on Monday …