China’s manufacturing and services activities shrank further in November to seven-month lows, official data showed, stung by the country’s strict COVID-19 restrictions and rising infections that …
Monthly Archives For November 2022
Thanks to Scalise-sponsored law, FCC bans Chinese-made equipment over security concerns
The Secure Equipment Act, signed into law on November 11, 2021, gave the FCC the authority to stop reviewing and issuing new telecommunications equipment licenses to Chinese state-backed firms such as …
Customs officials seize 422 fake Super Bowl rings from China
There’s a sucker born every minute. And there are plenty of people looking to take advantage of each and every one of them. Case in point, 422 fake Super Bowl rings from China were seized…
BMW says China lockdowns are ‘risky’ for car manufacturing
Continued lockdowns and unrest in China is making new car production uncertain, adding to the supply chain battle.
China Covid: Factory activity shrinks more than expected
A key measure of China’s factory activity has further fallen in November, according to official figures. The Purchasing Managers’ Index (PMI) fell to 48 from 49.2 in October. It comes as strict Covid restrictions and…
China Calls U.S. Top ‘Nuclear Threat’ to World in Reply to Pentagon Report
The Chinese Embassy’s Liu Pengyu told Newsweek U.S. nuclear moves “gravely undermine global strategic stability and international peace and security.”
China enlists Alibaba and Tencent in fight against US chip sanctions
Chinese government steps up push to use Risc-V in move aimed at boosting domestic production of semiconductors
China’s Zhengzhou, home to world’s largest iPhone factory, ends Covid lockdown
The central Chinese city of Zhengzhou, home to the world’s largest iPhone factory, has lifted a five-day Covid lockdown, in a move that analysts have called a much-needed relief for Apple and its main supplier…
China’s Sunshine Insurance targets up to $950 mln in HK IPO
China’s Sunshine Insurance launched on Wednesday a Hong Kong initial public offering (IPO) to raise up to $950 million in a deal that would be the second-largest new share sale in the city in 2022.
COVID protests escalate in Guangzhou as China lockdown anger boils
People in China’s southern manufacturing hub of Guangzhou clashed with white hazmat-suited riot police on Tuesday night, videos on social media showed, as frustration with stringent COVID-19 rules …
China vows crackdown on ‘hostile forces’ as public tests Xi
China’s ruling Communist Party has vowed to “resolutely crack down on infiltration and sabotage activities by hostile forces,” following the largest street demonstrations in decades staged by citizens …
China property stocks surge on fundraising support; COVID protests cloud demand
Chinese property developers’ shares and bonds soared on Tuesday after regulators lifted a ban on equity refinancing for listed firms, the latest support measure for a cash-squeezed sector that has …
Anti-Government Protests Grow in China and Elsewhere While Technology Tries to Keep Up
Many Chinese citizens use virtual private networks to get over the Great Firewall to post photos, messages, videos and other materials …
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