By Clarence Leong Shares of China Tower Corp. rose sharply early Wednesday in Hong Kong, after the company extended lease deals with China’s three …
Monthly Archives For December 2022
China Mobile Doubles Down on Data Centers After Gaining Over 1,000 Partners
China Mobile has established ultra-large data centers in the Beijing-Tianjin-Hebei region and the Yangtze River Delta region to harness more computers needed to run new technologies including the …
China Issues New Dictate Cracking Down on Deepfake Technology
The overnight manager of a gas station in Moscow, Idaho, has supplied more than eight hours of surveillance footage to police investigating the unsolved stabbing deaths of four university students—a …
China readying $143 billion package for its chip firms in face of U.S. curbs, sources say
It signals a more direct approach by China in shaping the future of an industry which has become a geopolitical hot button due to soaring demand for chips.
China says tracking Covid cases now ‘impossible’ as infections soar
The true scale of Covid-19 infections in China is now “impossible” to track, the country’s top health body said Wednesday, as officials warned of a rapid spread in Beijing after the country abruptly …
China to Roll Out Second COVID Vaccine Booster for High-Risk Groups, Elderly
China’s National Health Commission will roll out the second COVID-19 vaccine booster shots for high-risk groups and elderly people over 60 years old, it said in a statement on Wednesday. (Reporting by …
U.S. lawmakers unveil bipartisan bid to ban China’s TikTok
Republican Senator Marco Rubio on Tuesday announced bipartisan legislation to ban China’s popular social media app TikTok, ratcheting up pressure on owner ByteDance Ltd amid U.S. fears the app could …
China Sends Official Xi Sidelined on Trip to Protest-Hit Iran
China sent an official who was recently removed from the top echelons of power to meet Iranian President Ebrahim Raisi, a sign Beijing is keeping its distance from the Middle Eastern nation as it …
China’s retailers must shift to sustainable operations: report
Improving shopper loyalty is expected to be critical as consumers spend less. As China’s retail industry faces continued deflationary pressures, retailers in the country must shift focus from gross …
China will come through the Covid reopening, but it’s going to be a bumpy ride
CNBC’s Ted Kemp discusses why China’s reopening from Covid-19 will not pose a great threat to President Xi Jinping—but the economic recovery won’t take a smooth trajectory.
Exclusive: China readying $143 bln package for its chip firms in face of U.S. curbs -sources
China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major step towards self sufficiency in chips and to counter U.S.
China Dollar Bonds Show Least Stress Since Evergrande Meltdown
Stress in China’s $750 billion offshore dollar bond market has eased to the lowest level since China Evergrande Group’s debt woes worsened in 2021, after a raft of policy support and loosening of …
First Mover Asia: Busan as Blockchain Hub? The Korean City Is Traveling the Wrong Path; No Bail for Bankman-Fried
Busan wants to integrate blockchain technology into all facets of government service and create the first city-run crypto exchange; bitcoin embraces encouraging CPI to rise over $17.7K.
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