China is rushing to build a massive quarantine camp that can house more than 4,000 people, after an outbreak of Covid-19 this month that has left tens of millions of people under strict lockdown. (…
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China builds massive Covid-19 quarantine camp for 4,000 people as outbreak continues
UPDATE 1-China’s short-term money rates surge despite huge PBOC cash injection
China’s primary short-term money rates surged on Wednesday to the highest level since the early days of the coronavirus pandemic a year ago, driven by rising seasonal cash demand, despite the central … ( read…
China shares rise on c.bank’s liquidity boost; EV, healthcare stocks shine
China shares rose on Wednesday, led by gains in electric vehicle and healthcare stocks, as the central bank kept liquidity abundant to further support economic recovery from COVID-19. ( read original story …)
China’s Jack Ma emerges for first time since Ant crackdown
Billionaire founder of tech giants Alibaba and Ant Group had not been seen since regulators blocked Ant’s record IPO. ( read original story …)
TikTok for finance: ByteDance’s Douyin finds success in short videos about economics and wealth management
Amid declining growth in China’s short video industry, financial content is seeing rising popularity on Douyin, where 100 million people had engaged with such content by last November. ( read original story …)
U.S. secretary of state nominee Blinken sees strong foundation for bipartisan China policy
President-elect Joe Biden’s nominee for secretary of state, Antony Blinken, said on Tuesday he believed President Donald Trump was right in taking a tougher approach to China – even if he did not … (…
Beijing imposes new restrictions amid surge in COVID-19 cases
China on Wednesday reported 103 new coronavirus cases with the country’s northeastern Jilin province reporting 46 new cases. Watch: … ( read original story …)
Coronavirus live news: Beijing fights biggest outbreak for weeks; UK suffers record daily deaths
Germany extends lockdown to 14 February and tightens restrictions; US deaths pass 400,000; Beijing steps up Covid measures in response to biggest outbreak since December … ( read original story …)
China deploys 16 rescue teams to save stricken gold miners
China has deployed 16 professional rescue teams and dozens of medical personnel to try to save 12 miners trapped underground for 10 days after an explosion in a gold mine in northern China’s Shandong ……
TikTok owner ByteDance launches payments in China as it pushes into fintech and e-commerce
ByteDance has launched a new payment services within Douyin, the Chinese sister app of TikTok. Douyin users can choose Douyin Pay to make purchases within the short-video app. Douyin already offers … ( read original…
China Unicom appoints new executive director from China Telecom
China Unicom has appointed Chen Zhongyue its new president and executive director, succeeding Li Guohua who retired last March. Chen was previously an executive VP and director at China Telecom; the … ( read original story…
China Mobile Limited (NYSE:CHL) Stock Holdings Raised by Unison Advisors LLC
Unison Advisors LLC raised its stake in China Mobile Limited (NYSE:CHL) by 3.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 25,715 shares of the Wireless ……
Beijing to Investigate All Persons Who Entered City From Dec. 10: State Media
Authorities in the Chinese capital Beijing said they will track down and investigate everyone who entered the city from abroad from Dec. 10 as part of efforts to prevent a fresh COVID-19 outbreak from ……
