The backgrounds of the two dozen members of the all important Politburo suggest Xi’s priorities for the new term are all about military technology and Taiwan.
Monthly Archives For October 2022
China’s Guangdong sees rising foreign trade in first nine months
GUANGZHOU – Foreign trade in South China’s Guangdong province increased 1.3 percent year-on-year to 6.1 trillion yuan ($850.8 billion) in the first three quarters of 2022, customs statistics showed.
China’s Giant Biogene to raise $70 million in Hong Kong IPO -sources
China’s Giant Biogene has priced its shares at HK$24.30 each to raise $70 million in its Hong Kong initial public offering, according to two sources with direct knowledge of the matter.
German Chancellor Scholz Will Visit China on Nov 4
Scholz is visiting China at the invitation of Chinese Premier Li Keqiang, China’s foreign ministry said in a brief statement. Scholz’s visit comes amid Western concerns about China’s trade practices …
Across China: China promotes application of AI technology to real economy
A visitor experiences a massage robot at the 2022 World Artificial Intelligence Conference (WAIC) in east China’s Shanghai, Sept. 1, 2022. (Xinhua/Fang Zhe) BEIJING, Oct. 28 (Xinhua) — At a logistics …
China Names Beijing Mayor Chen Jining As Shanghai Party Boss
China has named Beijing Mayor Chen Jining the new Communist Party leader of Shanghai, a move that comes as the Asian nation reshuffles key leaders following a congress that President Xi Jinping used …
China’s zero-Covid economic drag could be ‘significantly bad’ for Asia: IMF
The IMF said China’s economy has been affected by it’s zero-Covid policy, and a growing real estate crisis The financial institution said Asia would feel the pinch of China’s muted economic growth due …
Baillie Gifford funds bought more shares of China’s Pinduoduo, NIO in Q3
Baillie Gifford, one of the largest asset managers in Europe and a China bull in recent years, increased its holdings of some Chinese growth stocks in its portfolio in the third quarter despite rising …
China Expands List of Sectors for Foreign Investment, Focusing on Manufacturing
China’s state planner on Friday issued the 2022 list of sectors for foreign investment, which has been expanded to encourage foreign capital to flow into manufacturing sectors in a bid to improve …
China rolls out first inhalable COVID vaccine
In what is believed to be a world first, China’s commerical capital of Shanghai this week introduced a new type of COVID-19 vaccine that is inhaled rather than administered via injection. Chinese …
Sino Ic Technology debuts on Beijing Stock Exchange, fell 0%
Sino Ic Technology (430139) opened at RMB 14 on its first day trading on the Beijing Stock Exchange, an increase of 4% from its IPO price of RMB 13.5.
Wuhan shut down again? Covid 19 spreads in China as 31 cities implement varying degrees of lockdown
According to Nomura, as of October 27, 31 cities were enforcing various degrees of lockdown, affecting over 232 million people in areas that contributed about 24.5% of China’s GDP.
China’s Factory Activity Set to Stall in October Reuters Poll
China’s factory activity likely showed no growth in October, with production hit by COVID-19 restrictions and as exports moderate on slowing global demand, a Reuters poll showed on Friday. The …
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