Central China Hunan Province registered robust foreign trade growth in 2022 with an annual increase of 202 percent local custom …
Monthly Archives For January 2023
Didi wins okay to relaunch apps as China tech crackdown ebbs
Beijing is again allowing Didi to bring in new users for the first time since regulators removed its main apps from stores in 2021, the company said in a statement on its official Weibo page.…
China’s True COVID Death Toll Estimated To Be in Hundreds of Thousands
China, which narrowed the definition of COVID mortality after it dismantled its zero tolerance approach, reported 60,000 deaths during its current outbreak …
Didi resumes new customer sign-ups in China following 18-month ban
Chinese ride-hailing group Didi has been given permission to sign up new customers after an investigation into the company forced its apps offline, showing that Beijing’s regula …
China lifts ban on ride-hailing giant Didi’s new user registration
China’s Didi Global said domestic regulators would allow the ride-hailing giant to resume new user registration effective from Monday, a move signaling its one year and a half-long regulatory-driven …
Painful as it is, China must rid its economy of an ever-rising property market
Mainland developers have seen their share prices surge recently on rumours that the government plans to revive the property market. This worries many analysts who had assumed Beijing was serious …
Foreigners Return to China Bluechips as Stocks Near Bull Market
Global investors are snapping up Chinese bluechips from large consumer staples to financial firms again as the nation’s stocks rally on optimism about a reopening from Covid curbs.
China’s Hospital Covid Death Data Just a Tenth of Total Toll
The nearly 60,000 Covid-related deaths China reported for the first five weeks of its current outbreak, the largest the world has ever seen, may underestimate the true toll by hundreds of thousands of fatalities,
China lifts ban on ride-hailing giant Didi’s new user registration – company statement
China’s ride hailing giant Didi Global said in a statement on Monday it would be allowed to resume new user registration, after a more than year-long ban that curbed its growth. The company would take…
Sequoia China-backed biopharma company files for $100m U.S. IPO
Structure Therapeutics, a clinical-stage biopharmaceutical company backed by venture capital investors, including Sequoia Capital China, has filed to raise $100 million in an initial public offering …
Coronavirus: China reminds travellers, airlines about Covid-19 test rules for arrivals
Chinese embassies in Washington, Seoul and Tokyo alert passengers about PCR testing requirements, say customs will conduct spot checks While the entry guidelines are not new, the announcement comes as …
China braces for Covid surge as lunar new year travel rush begins
Travellers leave cities for countryside amid warnings for most vulnerable and huge increase in official coronavirus death toll …
China’s December home prices fall, more supportive policies likely
BEIJING: China’s new home prices fell again in December as COVID-19 outbreaks hurt demand, with Beijing expected to roll out more measures to help sustain the recovery after the dismantling of …