China will require a huge scale-up in green infrastructure and technology to achieve its aims of peak emissions by 2030 and carbon neutrality by 2060, t. Accordi …
Monthly Archives For October 2022
Biden administration expects deal with allies on China export curbs soon
The Biden administration expects to ink a deal with allies in the near-term to bring them on board with new U.S. rules curbing China’s access to sophisticated chipmaking tools, a senior Commerce …
HK IPO pipeline builds, despite investor reluctance to buy
Companies are adding to the growing pipeline of IPOs in Hong Kong, but they are set to face an uphill battle to get past the finish line amid lukewarm market sentiment and wary investors. One…
FTSE 100 falls as China’s COVID-19 curbs hit commodity stocks
UK’s blue-chip shares fell on Friday, dragged down by commodity-linked stocks on worries over widening COVID-19 curbs in China, and on reports that the UK’s new government was looking to raise …
China: Dozens of cities in fresh Covid lockdown despite just 1,000 cases nationally
As of October 24, some 28 cities across the country were implementing some degree of lockdown measures ozens of cities in China have gone back into lockdown as the country continues to pursue a strict…
Shenzhen Metro Line 14 begins trial operations
An aerial photo shows the Dayun Hub Station of Shenzhen Metro Line 14, the first driverless line in eastern Shenzhen, South China’s Guangdong province, on Oct 28, 2022. [Photo provided to …
Venture capitalists are betting on a part of China’s chip industry safe from U.S. bans
The U.S. this month imposed new restrictions to maintain a lead over China in advanced chip technology. Nearly 80% of the global chip market falls under the mature technologies category, giving …
What happened to China’s former leader Hu Jintao?
It is a moment that for many observers has come to define strongman leader Xi Jinping’s tightening grip on China: his visibly frail predecessor, Hu Jintao, being escorted out of a key Communist Party …
US sanctions on China could extend to biotech, official says
On the heels of the Biden administration’s decision to impose sweeping chip sanctions on China, there are signs that China might also lose access to other types of critical U.S. technologies including …
Oil falls as China widens COVID-19 curbs; still set for weekly gain
Oil prices fell on Friday after China, the world’s top crude oil importer, widened its COVID-19 curbs, but were poised for a weekly gain on supply concerns ahead of Europe’s pending cut-off of Russian …
China creates first-ever inhalable COVID-19 vaccine for those scared of needles
The vaccine comes in the form of a mist that is inhaled orally, and has been offered for free as a booster for individuals in Shanghai who have already previously taken COVID-19 vaccine doses.
China Covid: Millions back in lockdown as Beijing doubles down on zero-Covid
Earlier this month Mr Xi signalled that there would be no easing up of the zero-Covid policy, calling it a “people’s war to stop the spread of the virus”. As of Oct 24, some 28…
China Names Beijing Mayor Chen Jining New Party Boss of Shanghai
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 …