A surge in COVID-19 cases has spurred lockdowns in the southern Chinese manufacturing hub of Guangzhou, adding to financial pressure that has disrupted global supply chains and sharply slowed growth i …
Monthly Archives For November 2022
Major car brands preview their latest electric cars with new tech and design at the CIIE
Also appearing on the Durant Guild’s stand at the CIIE is the all-electric Hummer EV SUV, which made its maiden appearance in China at the expo. The vehicle combines off-road adventure with zero …
Covid-19 pandemic nears end elsewhere but China still locked up – know why and how of China’s Covid situation
The daily coronavirus case count surged to nearly six-month highs over the weekend with Guangzhou becoming the new epicentre of the virus.
China to impose no tariffs on products from select countries
China will grant zero-tariff treatment on 98 percent of currently taxable products from 10 less-developed countries starting on Dec 1, 8,786 items in total The 10 countries are Afghanistan, Benin, …
Luxury, Apparel, Beauty Brands Showcase Technology Innovations At China’s Fifth CIIE Fair
Despite strict COVID-19-related restrictions, luxury, apparel, beauty brands actively participated in this year’s CIIE.
Alibaba and brands focus on loyalty programs as Singles Day pre-sales fail to see significant growth
Pre-orders on Alibaba’s Tmall in the last week of October were flat from a year earlier and the number of merchants participating in pre-sales has dropped …
Huaxia Eye Hospital IPO Mints China’s Latest Billionaire
China’s wealthiest entrepreneur in the eyecare field is Chen Bang, chairman of the Aier Eye Hospital Group. Chen has a fortune worth $11.5 billion on the Forbes Real-Time Billio …
China’s Kuaishou says state broadcaster has no veto rights over business
BEIJING (Reuters) -Chinese online video company Kuaishou dismissed as untrue on Wednesday what it called “online rumours” that a state broadcaster would be able to veto its business decisions after …
China is ‘committed to net zero,’ head of top Asian development bank says at COP27
China and the other 104 members of the Asian Infrastructure Investment Bank are “deeply committed” to their net-zero targets, says the chief of the continent’s largest multilateral development bank.
China’s Media Reacts to ‘Chaos’ of U.S. Midterm Election Results
The Chinese press predicted poor results for President Joe Biden’s Democratic Party, but early election results were less certain.
China calls on Germany to protect access amid chip scrutiny
China’s government on Wednesday appealed to Germany to maintain access to its markets after a company said Berlin may block the sale of a computer chip factory to a Chinese-owned buyer amid tensions …
China iPhone plant remains in high-risk area as lockdown lifted
The world’s biggest iPhone factory will continue to be subject to Covid restrictions, after authorities in China lifted a lockdown in the district where the plant is located but said some areas were …
China unveils new orders for homegrown passenger jet
China announced Wednesday hundreds of new orders for its first domestically manufactured large passenger jet, with the aircraft poised to make its commercial debut early next year. The company began …