All residents of Shufu and Aktau, in China’s far west, are to be tested again amid fresh outbreak. Authorities made the decision after hundreds of asymptomatic cases were found. ( read original story …)
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Hong Kong leader Carrie Lam asks central government to support tech cooperation with Shenzhen, keep city posted on Covid-19 vaccine
Hong Kong leader Carrie Lam Cheng Yuet-ngor has called on China’s science minister to support the city’s closer cooperation with Shenzhen in the development of a planned innovation and technology park … ( read original…
China Media Told to Stay Low-Key on U.S. Election
The big news in Chinese media isn’t the U.S. election—it’s the delayed listing of the massive Ant Group, the financial giant owned by the billionaire Jack Ma, on the Chinese stock market. Without that ……
China warns U.S. after drone sales to Taiwan
China is not ruling out a stern response to the latest U.S. weapons sales to Taiwan: MQ-9 Reaper drones worth $600 million recently approved by the U.S. State Department. ( read original story …)
Why China is the biggest foreign policy risk facing the U.S., according to a scholar
China remains the biggest foreign policy risk facing the U.S., according to Liz Economy, a senior fellow at Stanford University’s Hoover Institution. ( read original story …)
BMW Sales Boosted by China’s Strong Covid-19 Recovery
BMW, the German luxury car maker, reported strong growth in profits and new vehicle sales in the third quarter, as China’s robust recovery from the pandemic continues to bolster premium auto brands. ( read original…
China’s yuan has its worst fall in years on fears of renewed US tension
The US presidential election is far from decided. But Chinese markets may already be getting jittery about the possibility that President Donald Trump could pull out a second term. ( read original story …)
In China, bemusement and scorn over unresolved U.S. election
Chinese social media users watched election day in the United States with bemusement and mockery, as President Donald Trump complained of a “major fraud on our nation” and falsely claimed victory … ( read original…
Ant Group: China yanks IPO to show Jack Ma who’s really in charge
Beijing just showed tech titan Jack Ma and the rest of China’s billionaire tycoons who’s really in charge. Chinese regulators stunned financial markets on Tuesday when they slammed the brakes on Ant … ( read…
China says U.S. sends out ‘wrong signals’ to Taiwan on proposed drone sale
U.S. relations have plunged to their lowest level in decades amid disputes about security, technology, the coronavirus pandemic and human rights. ( read original story …)
Beijing says it halted $37bn Ant IPO to protect market stability
Beijing said its suspension of the $37bn listing of Ant Group, controlled by China’s richest man Jack Ma, was needed to protect the country’s capital markets as investors reeled from the eleventh-hour … ( read…
Market ties between China, U.S. set to deepen regardless of who wins White House
As the world awaited definitive results from the U.S. presidential election, Chinese investors betting on the re-election of Donald Trump sent shares of a Shenzhen-listed air traffic control software … ( read original story …)
China’s Fosun to seek approval for BioNTech’s COVID-19 second vaccine, ends trials on first
BioNTech’s Chinese partner Shanghai Fosun Pharmaceutical Group does not plan to run further clinical trials of the German firm’s coronavirus vaccine candidate that has completed early-stage trials in … ( read original story …)