LONDON (AP) — Professional networking platform LinkedIn says it’s laying off more than 700 workers and shuttering its China jobs app, in the latest round of tech industry downsizing. LinkedIn blamed “shifts in customer behavior…
Monthly Archives For May 2023
Canada-China spat could sour business relations, experts say
Experts say souring relations between Ottawa and Beijing could affect Canadian companies in China, potentially tarnishing the appeal of Canadian brands for Chinese consumers.
Taiwan Needs Business Help to Harden Its Economy Against China
China is making no secret of its desire to harm Taiwan by putting the screws to its economy. Beijing could cause enormous harm for relatively little direct cost and without dispatching a single soldier to…
Controversial Coronavirus Research Gets New Money Under Biden
The grant funded gain-of-function research, which involves experimenting with a virus to discover what increases its transmissibility. The research aids in preventing pandemics, allowing scientists to …
Chinese scientists find ‘suspicious’ feature of coronavirus in the wild
A genetic feature of the Sars-CoV-2 which makes it so infectious, but has not previously been seen in other coronaviruses, has been identified in the wild by Chinese scientists for the first time.
How China makes economic plans: key moments explained
The meeting in Beijing, headed by President Xi Jinping, was a review of China’s first-quarter economic performance and set the tone for how the Communist Party will respond. On this occasion, the key …
China Orders Canadian Diplomat to Leave in Tit-for-Tat Move
China has ordered a Canadian diplomat to leave the country, in a tit-for-tat move hours after Prime Minister Justin Trudeau’s government expelled a Chinese envoy from his nation.
Biden admin restarts bat virus research grant that funded Wuhan lab, coronavirus testing
The National Institutes of Health are once again funding research into bat viruses, three years after suspending the grant amid the COVID-19 pandemic.
China exports up 8.5% in April despite weak global demand
Chinese exports grew 8.5% in April, customs data showed Tuesday, displaying unexpected strength despite weakening global demand. Exports grew to $295.4 billion compared with a year earlier, although …
Capvision raids compound concern in China over consulting clampdown
US research firm Capvision is the latest multinational consultancy to be raided by Chinese authorities as Beijing ramps up its security apparatus against potential espionage threats in its rivalry …
UPDATE 2-China’s car sales rise 2.1% in April as price war effect fades
Car sales in April totalled 1.65 million units, 54.5% higher from a year earlier when COVID-19 lockdowns disrupted productions and sales, the China Passenger Car Association (CPCA) said on Tuesday. In …
China Property Crisis Has New Casualty in Languang Delisting
A distressed Chinese property developer is likely to delist from the country’s stock exchange, sending a fresh reminder the nation’s weaker builders are still struggling to survive.
China Is a Loan Shark With No Legs Left to Break
Report: China Is a Loan Shark With No Legs Left to Break Create an FP account to save articles to read later and in the FP mobile app. Sign Up ALREADY AN FP SUBSCRIBER? LOGIN…
