Foreign officials and executives struggle to predict Beijing’s moves in what has become an impenetrable process as Xi Jinping has accumulated more power.
Monthly Archives For January 2023
Workers in China clash with police after reported layoffs at Covid test maker
Workers at a Chinese factory making Covid-19 test kits clashed with police over the weekend after their managers apparently told them to go on vacation early, a move that effectively terminated their …
China’s zero-Covid policy ends and marks a positive signal for beauty brands
China signals it is softening its strict zero-Covid policy. Chinese people in tier 1 cities are no longer required to perform daily Covid tests. China authorities finally announced to relax its travel …
Ire over Tesla’s surprise China price cuts highlights challenge for premium EV brands as consumers tighten budgets
The ire over the US carmaker’s sudden price change indicates that sales growth will be difficult for premium brands this year, an analyst says.
Shenzhen District Selects First Site for Joint Development With Hong Kong
A district in southern metropolis Shenzhen has designated its first plot of land to be a special territory for joint economic development with Hong Kong. The area will have industrial parks and adopt …
Beijing Authorities Orders China’s Doctors To Avoid Listing COVID As Cause Of Death
Amid the COVID- 19 chaos in China, doctors in China have been ordered to avoid listing COVID-19 as a cause of death, reported ANI citing The New York Times.
China ‘Wolf Warrior’ Diplomatic Spokesperson Zhao Moves to New Role
Zhao became a ministry spokesperson in 2020 after stints in China’s embassy in Pakistan, where he built a large following on Twitter as well as on Chinese social media for his frequent and often …
Honda’s JV with GAC ends production of Acura brand in China
Chinese carmaker Guangzhou Automobile Group (GAC) said on Monday its joint venture with Honda Motor is no longer producing or selling products under the Japanese firm’s premium Acura brand. GAC will …
Alibaba Stock Leaps As Jack Ma Cedes Ant Control, Beijing Eases Crackdown
We’ll encourage (tech platforms) to come out strong in leading economic growth, creating more jobs, and competing globally,” said CCP secretary Guo Shuqing.
Once the Apple of Beijing’s eye, Alibaba’s Jack Ma really has become just another Ant
Belittled and probably terrified Chinese entrepreneur Jack Ma has officially ceded control of the fintech giant Ant Group.
What the West Doesn’t Know About China’s Silicon Valley
Novelist Ning Ken’s history of Beijing’s Zhongguancun district shows how two generations of professors and tech entrepreneurs helped make the country more open.
Coronavirus tally: China cracks down on criticism of COVID response as Lunar New Year looms
China has suspended or closed the social media accounts of more than 1,000 critics of the government’s COVID response, as the country roll backs harsh anti-virus restrictions and braces for the Lunar …
Oil prices rebound on hopes for increased China demand
The rally in crude comes after both Brent and West Texas Intermediate fell more than 8% last week on worries about a global economic downturn.
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