The three most glaring omissions from China’s new Communist Party leadership share one common trait: all rose through its Youth League and were considered members of a once-powerful faction whose …
Monthly Archives For October 2022
South Korea’s Hynix says it may be forced to sell China operations over U.S. crackdown
SK Hynix’s chief marketing officer, Kevin Noh, raised those concerns during a conference call on Wednesday after the company reported its operating …
China stocks rebound on hope of slower rate rises; COVID lockdowns trim gains
HONG KONG — China stocks had a strong start on Wednesday on hopes that the United States might slow its aggressive interest rate rises but the optimism was partially offset by new COVID-19 lockdowns …
China starts using a COVID-19 vaccine inhaled through the mouth
Needle-free vaccines may persuade people who don’t like shots to get vaccinated and help expand vaccination in poor countries because they’re easier to administer.
China launches an inhalable COVID-19 vaccine in an apparent world first
China’s largest city, Shanghai, has started administering an aerosol COVID-19 vaccine that recipients suck in through their mouths, state media said.
South Korean chipmaker SK Hynix worries about China future
South Korean computer chipmaker SK Hynix said Wednesday it might be forced to sell its manufacturing operations in China if a U.S. crackdown on exports of semiconductor technology and manufacturing …
China launches a COVID-19 vaccine inhaled through the mouth
The Chinese city of Shanghai started administering an inhalable COVID-19 vaccine on Wednesday in what appears to be a world first. The vaccine, a mist that is sucked in through the mouth, is being …
China fiscal deficit balloons to nearly $1 trillion as economy cools
China’s fiscal deficit ballooned to an all-time high of nearly $1 trillion in the first nine months of the year, analysis of government data by Bloomberg showed, as a real estate crisis and tax …
Business in China ‘has been very strong’: Standard Chartered CFO
Andy Halford, CFO of Standard Chartered, discusses the bank’s third-quarter results and solid business performance in China as well as the benefits of rate hikes amid fears of a global recession.
UBS launches digital wealth management platform, WE.UBS, in Shenzhen, China
Company Limited (“UBS FS”) announced the official launch of “WE.UBS”, a digital-led platform offering wealth management services to affluent clients in China at a ceremony held today in Shenzhen, …
China Covid: Universal Resort shuts due to Beijing coronavirus cases
The Universal Resort theme park in Beijing has temporarily closed due to Covid-19 prevention measures. Cases have been rising in the city despite having some of the world’s toughest anti-coronavirus …
Two Men Rode a Decadelong Tech Wave in China—Only One Is Staying
Derek Li and Rick Chang both benefited from China’s tech boom. When the atmosphere changed, each had to make a decision.
Ten ways China has changed under Xi Jinping
Perceptions of China in the West and U.S.-allied countries have worsened U.S.-China relations have deteriorated sharply in recent years, a decline that accelerated under former U.S. President Donald …