The head of Britain’s cyber-intelligence agency is accusing China of using its economic and technological clout to clamp down at home and exert control abroad, saying Beijing’s aggressive stance is …
Monthly Archives For October 2022
Sick IPO? Clifford Medical Eyes Listing Despite Huge Reliance on Single Hospital
Clifford Medical has filed for a Hong Kong IPO, even though its financials have been volatile in recent years and a single hospital contributes 94% of its revenue The company has a high debt burden…
School closures return to China as COVID-19 cases rise in Shanghai
China is turning back toward school closures and other lockdown measures as cases rise in its major cities. Shanghai will test all of its 25 million residents twice a week.
China semiconductor production experienced its largest-ever decline in August
The South China Morning Post reports that output of ICs was down 24.7% year-on-year to 24.7 billion units in August, the single largest monthly fall recorded …
Rising Corona Cases In China: 2 Dangerous Variants Of Omicron Surfaced
Omicron’s new variant creates an atmosphere of fear in China! For example, 1939 cases of covid were reported in China on 9 October. At the same time, 34 cases have been registered in Shanghai in…
China tightens COVID measures in megacities as infections mount
Infections have risen to the highest since August, with the uptick coming after increased domestic travel during the National Day “Golden Week” earlier this month. Authorities reported 2,089 new local …
China central bank says will ‘resolutely’ curb big currency swings
China’s central bank spoke out against big currency swings on Tuesday, saying it will take steps to stabilise expectations, and keep the yuan basically stable. The People’s Bank of China (PBOC) also …
China Continues Boilerplate Response After Russian Missile Strikes on Kyiv
A Chinese government spokesperson declined four opportunities to elaborate on Beijing’s position on the Russia-Ukraine war.
Exclusive-KLA to stop sales and service to China to comply with U.S. export curbs – source
U.S. chip toolmaker KLA Corp will cease offering some supplies and services from Wednesday to China-based customers including South Korea’s SK Hynix in compliance with recent U.S. regulations, a …
China’s home prices likely to keep dropping as investors lose confidence in economy, central bank survey finds
Just 14.8 per cent of respondents in a consumer survey by the People’s Bank of China believe home prices could rise in the fourth quarter of this year ‘Developers and homeowners may have to mark…
China CDS Hit Highest in More Than Five Years – S&P Global Market Intelligence
The cost of insuring exposure to China’s sovereign debt rose to the highest level since January 2017 on Tuesday, data from S&P Global Market Intelligence showed. China’s five-year credit defaults …
China reports 2,249 new COVID cases for Oct 10 vs 2,106 a day earlier
China reported 2,249 new COVID-19 infections on Oct. 10, of which 491 were symptomatic and 1,758 were asymptomatic, the National Health Commission said on Tuesday.
China urges ‘patience’ as Covid-19 cases rebound ahead of key congress
BEIJING – China called for ‘patience’ with its tough Covid-19 policies and warned against any ‘war-weariness’ as local cases soared to their highest since August, days ahead of a pivotal Communist …
