China launched a cultural heritage digital platform supported by blockchain technology to share digital renderings of six millennium-old grottoes sites in northwest China’s Gansu Province with people …
Monthly Archives For December 2022
China struggles with COVID infections after controls ease
BEIJING (AP) — A rash of COVID-19 cases in schools and businesses were reported by social media users Friday in areas across China after the ruling Communist Party loosened anti-virus rules as it …
‘It’s dead out here’: China’s slow exit from zero-COVID
Judging by Friday’s quiet streets in China’s capital, Beijing, and the reluctance of some businesses to drop COVID curbs, enduring anxieties about the coronavirus are likely to hamper a speedy return …
‘It’s dead out there’: China’s slow exit from zero-COVID
China’s current tally of 5,235 COVID-related deaths is a tiny fraction of its population of 1.4 billion, and extremely low by global standards. Some experts have warned that toll could rise above 1.5 million if…
Xiamen International Bank Said to Weigh $1.3 Billion HK IPO
Xiamen International Bank Co., set up almost four decades ago with both local and foreign investors, is considering a Hong Kong initial public offering that could raise about HK$10 billion ($1.3 …
UPDATE 1-China’s Weilong Delicious to raise $130.6 mln in Hong Kong IPO
Chinese snack food maker Weilong Delicious Global Holdings is set to price its shares at HK$10.56 each in its Hong Kong initial public offering to raise $130.6 million, according to two sources with …
CGTN: What has China done in its nearly 3 years of COVID-19 fight?
It took China three months to contain the virus in Wuhan and stop it from rippling to other parts of the country. Though China remains a developing country, people’s life expectancy rose from 77.4 in…
Without effective vaccines, China’s economy may not heal
Changes to zero-Covid policy could prove insufficient if lockdowns are expected to continue …
China’s Muted Inflation Leaves Room for Policy Stimulus
(Bloomberg) — China’s factory-gate prices contracted again in November while consumer inflation eased as Covid disruptions suppressed demand, giving the central bank some room to ease policy as the …
China’s Heat Wave Is the Biggest Supply Chain Disruption of the Year: So, What’s the Solution?
Even though heat waves and natural disasters have been bringing the global supply chain to a grinding halt asynchronously over the years, it doesn’t have to continue this way.
Alibaba, Nio Rise: Hang Seng Opens Higher On Easing China Inflation, Strong Wall Street Cues
Company News: Alibaba Group Holding is intending to cultivate 200,000 new influencers to expand its live-streaming business, reported the South China Morning Post. Nio is set to hold NIO Day 2022 on …
China’s inflation will probably stay below 3% in the next 12-18 months, Credit Suisse says
Jack Siu of Credit Suisse says the country’s consumer price index is likely to remain “steady” within the range of 1-3% in the foreseeable future.
At the behest of world capitalism, Chinese Communist Party opens China to COVID-19
The demand for mass infection in China comes not from the Chinese people but from international finance capital.