BEIJING: China has reported its highest daily rise in local Covid-19 cases in 21 months as infections more than doubled in the northwestern city of Xian, China’s latest Covid-19 hotspot.
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Covid-19 cases hit 21-month record high
Insight – Record IPO binge in 2021 leaves investors hung over
INITIAL public offerings (IPOs) around the world raised a record US$594bil (RM2.5 trillion) in 2021, riding the coattails of stock market rallies, yet often disappointing investors with their …
Insight – Beyond Didi: Watch these homecoming China stock listings in 2022
The firm is well-positioned to capture a piece of the burgeoning US$800bil (RM3.4 trillion) metaverse market through its virtual concert business, according to Bloomberg Intelligence. Its ADRs have …
In China’s latest celebrity scandal, a star’s downfall resonates with women
Taiwanese American star Wang Leehom is in career freefall in China amid a messy public divorce with Lee Jinglei that highlighted the status of celebrities and women.
Pharmacy of the world: China’s quest to be the No 1 drugmaker
In China, start-up companies in the field of drug discovery are emerging one after another, dovetailing with a push by the administration of President Xi Jinping to advance China’s pharmaceutical …
Commentary: Beijing will draw conclusions from Washington’s reaction to Russia on Ukraine
Ukraine is not Taiwan, but Russia’s actions, and more importantly Washington’s response, may hold lessons for East Asia, says Christian Le Miere.
China central bank vows to promote healthy development of property market
China’s central bank said on Saturday it will safeguard the legal rights of home buyers and better satisfy their reasonable living needs, vowing to promote healthy development of the country’s real …
Scrapped flights, resurgent COVID-19 deliver Christmas gut punch
Holiday travel headaches and safety worries swelled on Sunday (Dec 26) with thousands of flights cancelled, events scrapped and new Omicron cases soaring, as people wrap up Christmas celebrations …
China Records Highest Number of COVID Cases Since Early Months of Pandemic
Cases jumped after an outbreak in Xi’an, where residents are in lockdown and not allowed to leave home without approval.
US allies divided over Biden’s diplomatic boycott of Beijing Olympics
Ahead of Beijing’s Winter Olympics starting February next year, allies and partners of the United States are reportedly divided over the Biden administration’s decision to diplomatically boycott the …
China replaces Communist Party head of Xinjiang region
China replaced Chen Quanguo, the Communist Party chief for the Xinjiang Uyghur Autonomous region who was associated with alleged human rights abuses against ethnic Uyghurs and other Muslims.
Japan won’t send diplomatic delegation to Beijing Olympics
Japan has decided not to send a government delegation to the 2022 Winter Olympics in Beijing, Reuters reported.Why it matters: A number of countries, including the U.S., have announced diplomatic …
China’s interbank bond market cash bond trading rises in November
Cash bond trading in the interbank bond market rose in November, data from the People’s Bank of China showed. In November, the turnover hit 22.3 trillion yuan (about 3.5 trillion U.S. dollars), …