Chinese smartphone maker Xiaomi Corp on Sunday said it was “disappointed” with an Indian order that froze $682 million of its assets and would continue to protect its interests. An Indian appellate …
Monthly Archives For October 2022
China moves to revive housing sector
Chinese local governments may relax the floor on mortgage rates for first-time home buyers in some cities in phases, the central bank said on Thursday, in a bid to prop up property prices and revive…
COVID-19 world weekly cases drop 5% but some European nations surge
In all, more than 12.7 billion COVID-19 vaccine doses have been administered worldwide, a gain of less than 100 million in one week, with the world’s population of 7.9 billion, according to Bloomberg …
China has built 3 aircraft carriers, but it’s struggling to train enough pilots to fly off of them
An envelope. It indicates the ability to send an email. An curved arrow pointing right. China’s navy, the world’s second-most powerful — with two aircraft carriers commissioned and another launched in …
China’s zero-Covid pursuit has seen stocks plunge US$5 trillion since 2021, benefiting India
Beijing’s zero-Covid pursuit, regulatory crackdowns and tensions with the West have led to a US$5 trillion rout in Chinese stocks since early 2021. Indian stocks, meanwhile, have kept hitting record …
EXCLUSIVE: China ‘would not’ invade Taiwan if Beijing believes it owns the island, Asian trade official says
Senior Cambodian minister Dr. Kao Kim Hourn discussed concerns over Russia’s potential use of an atomic weapon and hopes that nations on the brink of conflict give diplomacy a chance.
Microsoft nears 10k employees in China: Kurt Knutsson
The Cyberguy, Kurt Knutsson, discussed how Microsoft is set to have ten thousand employees in China and warns about rogue fraudulent apps on phone app stores, on ‘Fox & Friends Weekend.’ …
Nike’s Inventory Woes Stretch to China as Covid Recovery Remains a Challenge for Brands
As supply-chain snarls ease up for big firms, Covid-19 lockdowns mean reduced sales and tighter margins for companies.
China JD.com founder Liu settles U.S. rape civil suit
Billionaire Richard Liu, founder of one of China’s largest e-commerce platforms JD.com, has settled a civil suit brought by former University of Michigan student Liu Jingyao, who had accused him of …
Moderna rejects request from China for Covid-19 vaccine technology
Moderna has reportedly refused a request from China to reveal the technology behind its Covid-19 vaccine. The rejection prompted negotiations for its sale …
China’s national day sees global protests against Beijing’s rights breaches
As China prepares to hold the 20th National Congress of the Communist Party of China, which is widely expected to approve a third term for President Xi Jinping, anti-China protests were held all …
Merck agrees to allow Sinopharm to sell COVID drug molnupiravir in China
Drugmaker Merck & Co said on Wednesday that it agreed to allow China’s Sinopharm to distribute and import its COVID-19 antiviral molnupiravir in China if the drug is approved for …
Moderna turns down China request for vaccine technology: report
Moderna has turned down a request from Beijing to handover the core intellectual property behind the development of its breakthrough COVID-19 vaccine. That caused the … interested in selling the …
