China’s Guangzhou reported 50 new locally transmitted symptomatic COVID-19 infections and 323 asymptomatic cases for Nov. 2, local government authorities in the southern city of nearly 19 million said …
Monthly Archives For November 2022
China’s services activity skids in October on COVID restrictions – Caixin PMI
China’s services activity contracted again in October as COVID-19 containment measures hit businesses and consumption, overshadowing the economic rebound in the last quarter, a private-sector business …
China Covid: Panic and fear drove iPhone factory breakout
What drove the mass breakout at the world’s largest assembly line for Apple computers was fear, panic and ignorance. Foxconn, the company which runs this enormous factory, must shoulder a portion of …
China’s 2022 gas consumption likely to post first fall in 20 years – PetroChina official
China’s 2022 natural gas consumption is likely to post the first decline in two decades, an official with state-owned PetroChina told a conference on Thursday.
Mainland Chinese banks, banned from crypto assets at home, weigh services in Hong Kong after policy change
Some mainland banks and family offices are considering starting or reactivating virtual asset projects in Hong Kong, Deloitte China’s digital asset leader said.
China vs US: where should Louis Vuitton, Gucci, Dior and other luxury fashion brands be focusing right now?
China is still full of potential but its zero-Covid policies have seen many luxury brands place a renewed focus on the US Some brands are still confident in China: Coach is planning to open 30…
China-US tensions force Taiwanese tech firms to consider a ‘plan B’ – India or Vietnam
Taiwanese firms are moving an ever larger share of their capital to cheap, well-connected places, including Vietnam and once-unthought-of India Many are retaining basic exposure to mainland China, …
China is allowing another rocket body to fall to Earth uncontrolled this weekend. It probably won’t hit you.
China’s Long March 5B rocket left its 23-ton core to fall to Earth uncontrolled. The forecast for debris covers 88% of the planet’s population.
Watch Now: 9,000-year-old beer discovered in China, and more of today’s top videos
The oldest beer ever found was recently unearthed in China, watch raccoons attack an animatronic witch, and more of today’s top videos.
Estee Lauder cuts forecasts on China curbs, tightening inventories
Estee Lauder Cos Inc cut its full-year forecasts on Wednesday ahead of the crucial holiday season, blaming lockdowns in China and some American retailers cutting stocks of its cosmetics and fragrances …
After 3 Months in Space, China’s Mysterious Spaceplane Ejects Unknown Object
The experimental vehicle is a product of the China Academy of Launch Vehicle Technology, a state-owned manufacturer that makes both civilian and military space launch vehicles. Similarly, the U.S.
China’s Semiconductor and Advanced Computing Industries Targeted by New Department of Commerce Export Restrictions
On October 7, 2022, the U.S. Department of Commerce announced a series of new export controls designed to curtail China’s access to certain advanced semiconductor chips and technology, integrate …
China wants sixfold growth in VR industry in five years as Beijing eyes big role in metaverse
The Ministry of Industry and Information Technology has published a new plan to significantly expand China’s VR industry output and device sales by 2026.