Major Chinese developer Country Garden has signed a contract with the Postal Savings Bank of China for a credit line of up to 50 billion yuan ($7.0 billion), Securities Times reported on Thursday.
Monthly Archives For November 2022
‘Government killed my dad’: Grieving son says dad not able to get medical aid due to China’s Covid lockdown
CNN’s Selina Wang speaks to a grieving son who says his dad was unable to get medical aid and blames China’s draconian, zero-Covid policy for killing him.
Workers in running battles with police at Foxconn’s iPhone factory in China
Officers deal out beatings amid dispute about pay and conditions at Zhengzhou plant, with Apple warning of iPhone 14 delivery delays …
Foxconn says ‘technical error’ occurred when hiring workers at major iPhone plant in China
Larger protests at Foxconn’s flagship iPhone plant in China were under control and the company continued to communicate with employees engaged in smaller protests, a source said on Thursday.
China’s Covid Cases Jump to a Record as Outbreaks Persist
Covid infections climbed to a record high, as officials across the country revert to mass testing and movement restrictions to try to contain swelling outbreaks.
Zero-Covid China asks: Is World Cup on another planet?
Chinese state media have given huge attention to the World Cup this week, but the matches are fuelling frustrations that people in the country are being left out of the celebrations. On top of China’s…
World Economic Forum chair Klaus Schwab declares on Chinese state TV: ‘China is a model for many nations’
World Economic Forum founder and Chair Klaus Schwab told CGTN, a Chinese state-run news outlet, he believes China is a model for many other countries.
Comparing Performance Of Chinese And U.S. Crypto, eCommerce, And Internet Companies
Brokers have started recommending purchases of Chinese stocks, so I compared the performance of U.S. and Chinese stocks. Find the takeaways here.
China’s yuan-centred payment network no match yet for US-dominated global financial system: experts
Little evidence that Russian institutions have used Cross-Border Interbank Payment System to evade Western sanctions over Ukraine invasion Yet Moscow’s situation a wake-up call for Beijing to bolster …
Beijing buys fewer chip-making machines
China’s purchases of machines to make computer chips fell 27% last month from a year earlier as the United States imposes new, sweeping sanctions to try and derail the country’s chip ambitions.
Under Joe Biden, the US trade war on China is only likely to get worse
These days, talk of Washington’s trade war against China seems to have faded, whether from headlines or in conversation. But the tariffs that former US president Donald Trump slapped on Chinese goods …
Protests erupt at iPhone plant in China over unpaid wages and COVID-19 exposure
Hundreds of workers at Apple’s iPhone factory in China protested over stressful and restraining COVID-19 restrictions as well as a lack of pay.
Lower China imports affect feedgrain export outlook
World feed grain demand is not good early in the 2022-23 crop marketing year, says an analyst. “There is a trend developing that China will take a lesser …
