For years she has run a packaging-materials factory in Qinzhou, a mid-tier city in southern China. Recently, though, the 51-year-old lost millions of yuan investing in “low-risk” financial products.
Monthly Archives For November 2022
Tech war: tweak to US export control rules forces Chinese entities to cooperate, seek contact with American officials, sources say
Bureau of Industry and Security (BIS) officials at the US embassy in Beijing have suddenly become busy after the change to the export control regime in October A BIS delegate is also expected to visit…
Grains Higher with Cotton Limit Up as China May Relax COVID Policies: Consolidation Continues in Cattle
Grains were higher with cotton limit up on news China may relax its COVID policy. Southern Hemisphere news was also supportive including the election protest in Brazil. Cattle continue to consolidate …
China Cites U.S. Ag for Why It’s Chosen Not to Invade Taiwan
China’s own military released a report maybe two months ago that said the single main reason for us not to intervene in Taiwan directly is that the U.S. might see this as an excuse to…
Electric cars: Nio, Xpeng and Li Auto see sales drop as China’s Covid-19 curbs hit production, Tesla cuts prices
The popularity of the American giant’s cars means Nio, Xpeng and Li Auto face an uphill struggle to maintain their market share in the highly competitive market, according to some analysts.
China’s economic recovery consolidated as policy support continues
This optimism, despite lingering economic headwinds, could be seen in the form of roaring machines and busy shipping routes across the country. At Yangluo port of Wuhan, a central China manufacturing …
China sees spike in COVID-19 cases
China discovered 2,105 new cases of COVID-19 on Oct. 29, compared to the 1,658 new infections on Oct. 28. There were no reported new deaths.
US to send B-52 bombers to Australia in move China warns could ‘trigger’ arms race
China is warning an “arms race” may result in response to U.S. plans to send up to six B-52 bombers to Australia to strengthen regional security resources.
China Pushes Ambitious Plan to Churn Out Over 25 Million VR Headsets by 2026
The country’s government is hoping to cultivate 100 domestic companies to prop up its VR industry amid an ongoing technology trade war with the US.
2 international students from China killed in minivan crash Monday near Kitchener, Ont.
The King’s University College community is grieving the loss of two international students who died after their minivan collided with a pickup truck on Highway 401 near Kitchener, Ont., on Monday …
Alibaba, JD.com among gainers on reports China may ease Covid restrictions
Notable Chinese tech companies such as Alibaba, JD.com and NetEase claimed the high ground Tuesday amid mixed reports that China might be about to ease some …
Miner BHP warns of inflation risks in 2023, says China demand to stabilize
BHP Group Ltd , the world’s biggest miner by market value, said on Wednesday that inflationary pressures would remain a challenge next year, but that China will provide a source of stability for …
Where are the unicorns? The IPO market has unraveled this year
Wall Street bulls may have come thundering back in October as bears appear to have gone into hibernation. But there’s another beast, albeit a mythical one, that has been pretty much absent from the …
