New Zealand Prime Minister Chris Hipkins said on Monday he will visit China at the end of this month at the head of a trade delegation. China is New Zealand largest trading partner with New…
Monthly Archives For June 2023
Latest Covid-19 outbreak has peaked with 164 deaths, China CDC says
China’s latest Covid-19 wave has peaked with nearly 2,800 severe cases and 164 deaths – much lower than during the winter surge, according to health authorities.
China takes major step toward completing Shenzhen-Zhongshan bridge
A bird’s-eye view of the under-construction bridge that will connect Shenzhen and Zhongshan in Guangdong province. ZHOU HONGSHENG/HU LEI/FOR CHINA DAILY . The Shenzhen-Zhongshan b …
China’s Unipec boosts Oman crude sales, caps oil prices despite Saudi cuts
China’s Unipec, the trading arm of top Asian refiner Sinopec , has emerged as a major seller of August-loading Oman crude this month, a move that has helped to cap benchmark prices despite Saudi Arabia’s…
Factbox: Top US-China exchanges since Biden took office
U.S. Secretary of State Antony Blinken is expected to arrive in China this month for long-delayed talks aimed at stabilizing tense relations in what will be the first such visit by Washington’s top diplomat in…
South Korea indicts ex-Samsung Elec executive for alleged data leak to China
SEOUL, June 12 (Reuters) – South Korean prosecutors said they indicted a former Samsung Electronics (005930.KS) executive on Monday on suspicions of stealing the company’s technology to build a chip …
Nanjing city district announces bold metaverse goals as China competition heats up
Jiangning, a district in China’s Nanjing city, released a metaverse plan on Saturday that includes training thousands of professionals for the industry.
Nio said not to join China’s EV price war. Now it’s cutting $4K across all models
Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came …
Is doing business in China becoming impossible for foreigners?
The space for foreigners doing business in China was already being constrained by restrictions that their own governments, led by America’s, have placed on Chinese companies amid rising geopolitical …
Wuhan lab scientists were ‘mixing world’s most deadly coronaviruses’ weeks before pandemic
Investigators are working under the belief The Wuhan Institute of Virology in China researchers were mixing some of the world’s worst coronaviruses when one escaped and led to the Covid pandemic.
Hong Kong police search for vandals attacking Shenzhen-based electric vehicles maker BYD’s premises around the city
Suspects poured red paint on windows and entrances of showrooms and service centre A vehicle rammed into rolling shutter at its New Territories showroom, damaging the door and breaking the glass …
Greater Bay Area: Prudential opens first branch in Macau, joining HSBC Life, Manulife in battle for mainland customers
The British insurer’s foray into the Macau market completes its presence in all 11 cities in the Greater Bay Area.
What one key business indicator is saying about China’s consumer recovery
Businesses in China are spending cautiously on advertising this year as local consumption isn’t expected to bounce back for a while yet.
