Team China has secured 22 quotas in speed skating for the 2022 Beijing Winter Olympics, according to the International Skating Union (ISU) on Thursday. The allocation of quotas was mainly based on the …
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China earns 22 quotas in speed skating at Beijing 2022
Beijing 2022 non-accredited media center to open for registration
The Beijing 2022 media center for non-accredited journalists will be open for online registration from 10 a.m. December 25, 2021 to 10 a.m. January 10, 2022. Apart from the Main Media Center, the …
China reports 140 new COVID-19 cases on Dec 24 vs 87 a day earlier
China reported 140 new confirmed coronavirus cases for Dec. 24, up from 87 a day earlier, its health authority said on Saturday.
China Urged to Close Loopholes in Crypto Mining Ban
Chinese authorities must crack down on individuals who are still mining cryptocurrencies and taking advantage of regulatory loopholes, according to the state-run Economic Daily. Tightened regulations …
Rhino Horn Discovered in Shipment of Chocolate En Route to China, Police Say
Even though the horns are made of keratin and have no known medicinal properties, some people think the horns cure ailments such as hangovers and cancer.
China aims to launch 600km/h maglev system, vacuum tube trains
China is reportedly planning to introduce a high-speed maglev system capable of operating at a top speed of 600km/hr.
Biden signs bill banning goods from China’s Xinjiang over forced labor
US President Joe Biden on Thursday signed into law legislation that bans imports from China’s Xinjiang region over concerns about forced labor, the White House said, provoking an angry Chinese …
Ant’s consumer finance unit to boost its capital to US$4.7 billion
The consumer finance unit of China’s Ant Group will boost the company’s capital to 30 billion yuan (US$4.71 billion) from 8 billion yuan, and introduce 4 new strategic investors, an exchange filing …
China Cinda Buys 20% Stake in Ant’s Consumer Finance Unit
Ant Group’s consumer finance unit will receive 22 billion yuan ($3.5 billion) fresh funding from a group of investors including one of China’s state-owned asset managers. China Cinda Asset Management …
China Mobile Boosts Share Sale to be World’s Second Largest in 2021
China Mobile Ltd., the country’s largest wireless carrier by revenue, is set to raise $8.78 billion from its Shanghai listing, making it the world’s second largest offering this year — thanks in part …
China Mobile hopes to raise $8.8bn in Shanghai listing
Now, China Mobile plans to list in a Shanghai public offering, selling up to 845 million shares for a total of 56 billion yuan ($8.8bn). The listing is expected to be the biggest …
State-owned bad bank China Cinda to buy 20 per cent stake in Ant Group’s consumer credit vehicle
A Chinese state-owned asset management company said on Friday that it will spend 6 billion yuan (US$930 million) to buy a 20 per cent equity stake in the consumer credit unit of Ant Group.
China establishes its first-ever fast-charging association
Fast-charging is now a must-have for most mobile phones and smart devices. However, because fast-charging chargers do not use the same technology or provide the …
