Shares in China’s three biggest telecoms companies fell as much as 5% in Hong Kong on Monday, the first trading session since the New York Stock Exchange (NYSE) said it would delist the firms in…
NEWS
Thousands Line Up for Covid-19 Vaccine Campaign in Beijing, 73,000 Inoculated Over Last Few Days
Health authorities on New Year’s Eve granted “conditional” approval to a vaccine candidate made by Chinese pharma giant Sinopharm, which the company said had a 79 percent efficacy rate. ( read original story …)
Where Is Alibaba Founder Jack Ma? What the Saga of One of the World’s Richest Men Reveals About China Under Xi Jinping
The Alibaba founder, who is personally worth $48.2 billion, has now not been seen in public for at least two months. ( read original story …)
South Korean and China’s Shenzhen stocks surge in first trading day of 2021
Pacific were mostly higher on Monday as the first trading day of 2021 kicked off. Mainland Chinese stocks rose by the afternoon: The Shanghai composite gained 0.91% while the Shenzhen component soared … ( read…
Shenzhen to Double Digital Yuan Giveaway in China’s Latest Lottery Test
Shenzhen, a major Chinese city, is giving residents the chance to win 20 million digital yuan (worth $3 million) in its latest giveaway. ( read original story …)
China races to give coronavirus vaccine to 50 million workers before Lunar New Year
The country is pushing to complete vaccination of those deemed high-risk before the busiest annual travel period. ( read original story …)
Beijing Vaccinates Thousands In Covid-19 Jab Drive
Thousands of people lined up in Beijing Monday to receive a Covid-19 vaccine as China races to innoculate millions before the Chinese New Year mass travel season in February. More than 73,000 people … (…
China’s manufacturing recovery weakens in December
China’s manufacturing activity improved in December but at its weakest rate in three months as the economy recovered from the coronavirus pandemic while its trading … ( read original story …)
China says opposes U.S. politicizing trade issues on U.S. delisting of Chinese telcos
China said on Monday it firmly opposes the United States government’s behaviour of politicizing trade issues after the New York Stock Exchange began delisting three Chinese telecom firms that … ( read original story …)
Beijing won’t retaliate strongly against the U.S. for delisting Chinese companies, analysts say
The New York Stock Exchange’s move to delist three Chinese companies has drawn ire from China, but analysts say Beijing won’t likely take significant action. ( read original story …)
China-US trade war: Biden team seeks to work out economic differences with EU and then pressure Beijing
In the backwash of China and the EU signing an investment accord, the incoming US government wants leverage to end China’s ‘problematic trade abuses’. ( read original story …)
China’s Dec factory activity moderates, higher costs hit firms
Activity in China’s factory sector rose in December as the world’s second-largest economy sustained its recovery to pre-pandemic levels, a business survey showed on Monday, however, increasing cost … ( read original story …)
Mainland Chinese lawyer who assisted one of Hong Kong fugitives in Shenzhen threatened with loss of licence
Lu Siwei has been given three days to defend ‘inappropriate remarks on the internet’, according to a document seen by the Post. ( read original story …)
