China Unicom introduced the above four companies as strategic investors, and inked deals with them, as part of its broader push to pioneer State-owned companies’ mixed ownership reform. China Unicom …
Monthly Archives For December 2022
China to Regulate Deep Synthesis (Deep Fake) Technology Starting Next Month
China’s regulation of deep synthesis (deepfake) technology and services comes in effect January 10, 2023. We discuss the impact for business.
China’s Budget Deficit Hits Record $1.1 Trillion on Covid Zero Slump
China’s broad budget deficit hit a record so far this year as government revenue continued to shrink due to the slowing economy and Covid Zero policies, while spending grew.
Low-priced Russian oil boosts profits of China’s independent refiners
China’s independent refiners are boosting their profits from processing low-priced Russian oil as western sanctions on Moscow give them leverage to negotiate for steeper discounts, industry sources …
Smartphone maker Xiaomi to slash 10% of jobs amid China’s COVID battle
China’s Xiaomi Corp has started laying off workers in its smartphone and internet services business, joining a long list of Chinese tech firms cutting jobs as the country battles COVID-19 outbreaks.
China’s Covid-19 outbreak raises concerns of new mutations in US
Deaths due to coronavirus in China’s Beijing reached 5,242 on Tuesday. Several media reports have even suggested the Chinese government may be hiding the true toll of the virus.
New Covid-19 wave grips China, over 10 lakh deaths predicted in coming days
China, a country with 1.4 billion population, has already started to witness a spike in Covid-19 infections since it lifted some of the world’s toughest anti-virus restrictions this month after unprec
Shenzhen launches big data platform for cross-border e-commerce
The major Chinese city of Shenzhen has launched a big data platform for cross-border e-commerce in the Qianhai Bay Free Trade Port Zone …
China and Russia ‘Sharing a Toolkit’ to Dismantle the West—NATO Ambassador
China and Russia are “sharing a toolkit” of strategies to undermine NATO members and Western governments must do more to defend themselves against the two countries, a senior U.S. diplomat has warned.
How Many People Might Die, and Why, Under Relaxed China COVID Curbs
As of Monday, China has officially reported 5,237 COVID-related deaths during the pandemic, a tiny fraction of its 1.4 billion population. Here are some of the estimates: Zhou Jiatong, head of the …
Taiwan Nov export orders plunge, China’s COVID surge clouds outlook
Taiwan’s export orders contracted at the worst rate in more than a decade in November, hit by a plunge in China demand and generally weaker global consumer spending because of inflation and interest …
Hong Kong Exchange Headed To Worst IPO Finish In A Decade
Hong Kong Exchanges and Clearing (HKEX) said this year it had 69 new listings raising HK$87.8 billion ($11.3 billion) as of November 30, down 74 percent from the year before. The bourse said “renewed …
China races to bolster health system as COVID surge sparks global concern
Cities across China scrambled to install hospital beds and build fever screening clinics on Tuesday as authorities reported five more deaths and international concern grew about Beijing’s surprise …
