Sino Ic Technology (430139) to start trading on the Beijing Stock Exchange Oct 28, tomorrow. The firm has issued 46.00 mln shares priced at RMB 13.5 per share raising RMB 621 mln. Its …
Monthly Archives For October 2022
Covid-19: China begins mass testing on 1.3 million citizens of Yangpu district, imposes lockdown in parts of country
The order of mass testing and lockdown is in line with the measures ordered over the summer that led to a two-month lockdown of the entire city of 25 million, further adversely hitting the local…
Germany also investigates Beijing’s illegal police stations
The NGO Safeguard has identified them in 30 European countries; four in Italy alone. Established inside embassies and consulates. Enquiries have already been launched by the Netherlands, Spain and Ire …
Why Joly says she’ll come to the table with Russia, China — even if she doesn’t like it
Foreign Affairs Minister Mélanie Joly says she believes in engaging with states like Russia and China as a way to promote global peace and security and to maintain Canada’s influence in global affairs …
China’s Evergrande delivers first electric vehicles
China Evergrande New Energy Vehicle Group Ltd has started deliveries of its Hengchi 5 electric vehicle, with the first 100 customers getting their cars on Saturday, it said on its official Wechat …
Shenzhen’s foreign trade of goods up 3.9 pct in Jan.-Sept.
The south China metropolis of Shenzhen saw its foreign trade of goods grow 39 percent year on year to 261 trillion yuan about 3 …
Another new report supports claim that COVID-19 likely came from Wuhan lab
Newly released investigative reports from both ProPublica and a Senate committee have drawn the same conclusion over the origins of COVID-19 — that it likely came from a Chinese lab.
China’s largest banks weather property woes but margins narrow
China’s largest lenders have posted third-quarter profit rises of more than 4% as their diverse lending portfolios kept them above the fray of property market woes.
Exports to China grow just 2% in Jan-Sept
According to the GACC data, exports to China crossed $182.18 million in September whereas in the same month last year they stood at $257.47 million, which indicated that floods badly hit Pakistan’s …
An American Helped Build a Business Inside China. Clients Want Him to Leave.
Manufacturer Jacob Rothman says he faces calls to make goods elsewhere because of supply-chain meltdowns, trade tensions and Covid-19 lockdowns.
Shanghai Disneyland reduces operations as China tightens Covid-19 curbs
Shanghai Disneyland will operate at reduced capacity from Saturday (Oct 29) to comply with Covid-19 measures, the resort said in a statement, in another sign of tightening curbs across China as it …
Tech war: China’s semiconductor ambitions face moment of reckoning as Washington launches all-out siege
One analyst report went as far as to say many of China’s chip firms will be ‘destroyed, damaged, or circumscribed’ by the latest US export controls One immediate response may be to seek leniency from…
China’s Digital Retail — What’s Next?
But even amid this explosive growth the online retail industry has been slowing, with declining profits since the era of the “traffic dividend” has come to an end. At a stage when consumer demands are…