Chinese Prime Minister Li Qiang participated in the G20 virtual summit Wednesday, where he spoke of the importance of cooperation in development and strengthening multilateralism to address global challenges.
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China asks G20 to prioritize development cooperation, strengthen multilateralism
Junshi Biosciences Announces Lancet Infectious Diseases Publication of Results from the 2nd Phase 3 Study of VV116 for Treating COVID-19
Shanghai Junshi Biosciences Co., Ltd (“Junshi Biosciences,” HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies,
China Property Stocks Jump on Hopes for ‘White List’ Financing
Chinese property stocks climbed in Hong Kong trade amid rising hopes that Beijing will soon make dozens of companies eligible for financing, including developers that have defaulted on debt.
Troubled Chinese shadow bank Zhongzhi warns it is ‘severely insolvent’ after asset shortfall, failed bailouts
Zhongzhi Enterprise Group, one of mainland China’s largest shadow banks, has warned investors that it is unable to repay its debts, setting off alarm bells in the trust sector which invests a large …
China Debuts Solar Power Industry Digital Yuan Smart Contracts
A Chinese power provider says it has completed the first digital yuan smart contract transaction in the solar power industry.
Confidence in the crypto industry is rising but we’re not back to 2021 levels, analyst says
China Calls America’s Bluff in the South China Sea Mike Johnson backed Clarence Thomas’ suggestion that the Supreme Court ‘reconsider’ its rulings on contraception and same-sex marriage Scientists …
Mysterious pneumonia outbreak in China: All you need to know
The outbreak was first reported in northern China, with a significant number of cases involving children. Hospitals in the affected areas reportedly have been overwhelmed with patients showing …
WHO asks China for more data on respiratory illness
Beijing’s National Health Commission (NHC) told reporters last week that the respiratory illness spike was due to the lifting of Covid-19 restrictions and the circulation of known pathogens, including …
WHO asks China for details on rising respiratory illnesses, echoing Covid-19 concerns
WHO seeks more info on China’s increased respiratory illnesses, similar to 2019 Covid-19 outbreak. Requested epidemiologic & clinical info, lab results, trends in known pathogens, burden on health …
China wealth manager Zhongzhi flags insolvency, liabilities of $64 bln
China’s Zhongzhi Enterprise Group told investors it is heavily insolvent with liabilities of up to $64 billion, more than double its assets, as one of the country’s leading wealth managers grapples …
War with China is not an option, Taiwan ruling party VP candidate says
The vice presidential candidate for Taiwan’s ruling party in a January election said on Thursday that war with China is not an option, pointing to cross-strait communications as key to easing tension …
China’s property crisis: Shenzhen cuts down payments for second-home buyers, joining fray of cities trying to revive demand
Authorities in Shenzhen, China’s technology hub, are reducing the down payment required from people buying a second home, joining a fray of big cities paring back restrictions in a bid to revive the …
China approves $69bn US technology merger
Green light from Beijing follows the meeting between Presidents Joe Biden and Xi Jinping in the US last week.