China is delaying a key economic meeting after COVID-19 infections surged in Beijing, according to a report by Bloomberg News on Tuesday, citing people familiar with the matter.
Monthly Archives For December 2022
China is preparing a $143 billion package for its semiconductor firms amid curbs and sanctions by the US
China has decided to infuse more than 1 trillion yuan or about $143 billion into its semiconductor industry to become self-sufficient in chips, and to counter the US going after China’s technological …
China’s looking to reorder global oil trade by transacting with Saudi Arabia in yuan. The move could dampen the dollar’s dominance.
Insider’s Phil Rosen breaks down how China is looking to disrupt the oil trade, and where prices are headed from here as supplies remain tight.
Geely’s premium electric car brand Zeekr files for U.S. IPO
China’s Geely Automobile on Tuesday said its upmarket electric car brand, Zeekr, had confidentially filed for a U.S. initial public offering, in what would be the first major Chinese float in the …
Hit by COVID-19 wave, companies in China strain to keep operations running normally
BEIJING: From e-commerce giant JD.com to cosmetics brand Sephora, companies in China are rushing to minimise the impact of surging COVID-19 infections – doling out test kits, encouraging more work …
As Covid Spreads Fast, Beijing Isn’t in Lockdown. But It Feels Like It.
Almost no one is venturing out even after an easing of pandemic measures. Cold and flu medicines are scarce, but food supplies appear adequate.
COVID: Beijing clinics fill, but travel resumes
STORY: A Reuters reporter noted that the queue outside the fever clinic of the Chaoyang Hospital had grown in comparison to previous days, with at least 40 people in line by mid Tuesday morning.Several ambulances…
China is telling people to stop eating canned peaches as a COVID remedy as the country barrels into its abrupt reopening
Some people in China unfoundedly believe canned yellow peaches to be “healing magic medicine.” State media is rushing to rule it out as proper treatment.
China said to erase data from location tracker after Covid reopening
Four Chinese state carriers promised on Monday to erase user data from the country’s location tracker app as China continues to relax its Covid control …
China’s Three Telecom Giants to Delete Users’ Mobile Travel Data
China Mobile, China Unicom, and China Telecom will delete users’ mobile travel data from today, after the national app tracking people’s whereabouts in the country during the Covid-19 pandemic was …
U.S. consulted Japan, Netherlands on curbing chip-related exports to China
The United States has spoken with its partners, including Japan and the Netherlands, on tightening exports to China of equipment used to make semiconductors, Jake Sullivan, the White House national …
Chinese automaker Geely’s premium electric car brand Zeekr files for U.S. IPO
China’s Geely Automobile on Tuesday said its upmarket electric car brand, Zeekr, had confidentially filed for a U.S. initial public offering on Dec. 7, in what would be the first major Chinese float …
Hit by COVID wave, companies in China strain to keep operations running normally
From e-commerce giant JD.com to cosmetics brand Sephora, companies in China are rushing to minimise the impact of surging COVID infections – doling out test kits, encouraging more work from home and, …
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