China Evergrande’s electric-car unit is seeking US$3.35 billion from a stock placement to stay in the EV race. Hui Ka-yan’s entity is turning to some familiar friends and tycoons for financial backing … ( read…
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China EV war: Evergrande raises US$3.35 billion in plan to dominate Tesla, NIO and other home rivals
11 Miners Rescued In China After 2 Weeks Trapped Below Ground
The workers became trapped on Jan. 10 following an unexplained explosion at a gold mine in the eastern province of Shandong. One miner has already died and another 10 remain missing. ( read original story…
Eleven rescued from gold mine in China after 2 weeks underground
Eleven gold miners trapped underground for two weeks have been rescued in east China’s Shandong Province on Sunday. ( read original story …)
Global report: Covid variant overwhelms state in Brazil, as China fights new cluster
New Zealand reports first community case in over two months; Dutch police make curfew arrests … ( read original story …)
Tencent-Backed Kuaishou, TikTok’s Main Rival in China, Readies its IPO
China’s Kuaishou, the country’s number two short-form video platform, is set to hit the public markets in the next week or two. Although Kuaishou is China’s second-place platform behind Douyin, which … ( read original…
Americans Fine With Paying More If Trading With Democracies, Not China
Americans already pay more for specialty foods and drinks. They’ll definitely pay more for an American made pair of shoes. ( read original story …)
Nasdaq-Listed Crypto Firm Sued, Accused of Defrauding Investors With Fake Bitcoin Mining Business
A class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining … ( read original story …)
Shenzhen announces ban, penalty on property cheats as homebuyers try new tricks to profit from red-hot market
Shenzhen’s local government will slap a three-year ban on buyers who use false information on home purchases to stamp out cheats, two days after Shanghai authorities took draconian steps to stop … ( read original…
China Sees Fall in New COVID-19 Cases Amid Strict Local Lockdowns
BEIJING (Reuters) – China reported 80 new COVID-19 cases on Saturday, mostly in the northeast where some residents complained they were short of food amid an ongoing local lockdowns, down from … ( read original…
China Sends Warplanes to Taiwan Strait in a Show of Force to Biden
The exercises, which included 13 warplanes on Saturday and 15 on Sunday, were the biggest so far this year and the first under the new U.S. administration. ( read original story …)
Inoculation of 2nd COVID-19 vaccine shot kicks off in Futian District, Shenzhen
A nurse administers the second dose of COVID-19 vaccine to a driver of the Shenzhen Bus Group Co., Ltd. at the health service center of the Xiameilin community in Futian District, Shenzhen, south … (…
Joe Biden and US allies need a joint approach to China
Joe Biden’s inauguration as US president offers a crucial opportunity for America — and other western allies — to reset policy on the defining geopolitical issue of today, and perhaps of the 21st … (…
Trapped for 2 Weeks, 11 Workers Rescued From China Gold Mine
Rescuers in northern China have brought 11 workers safely to the surface two weeks after they were trapped by an explosion in a gold mine. ( read original story …)
