While Malaysia is still struggling with the Covid-19 pandemic, China, where the breakout first happened, has it under control – and a doctor from the country’s Centre for Disease Control has outlined …
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Investors panic as Blackstone walks away from a China real estate deal.
Shares of Soho China, a real estate company run by a prominent power couple, fell by one-third on Monday after Blackstone Group walked away from its deal to buy the firm. Soho China said in…
Chinese tech, EV stocks fall on regulatory fears; property developer Soho China drops 35% on failed deal
Chinese electric vehicle stocks fell on Monday after the country’s industry minister said there are “too many” EV firms in China.
Shanghai braces for Typhoon Chanthu as it approaches China coast
Shanghai and its neighbouring coastal regions are preparing for strong winds and heavy rains as approaches the Chinese coast after drenching Taiwan, while causing little damage there. The storm, with …
An innovative online retailer from Shenzhen has opened an Amazon store
Shenzhen Yusong Technology Co., Ltd. announced the opening of an Amazon store. Skanwen’s top-tier products are available in their flagship online …
Beijing attempts to influence media coverage, global nar
Beijing is making all-out attempts to restrict voices against the Chinese Communist Party to pursuit a positive image in the world post-COVID pandemic …
Alibaba stock tumbles after report says Beijing wants to break up Alipay
Shares in Alibaba slumped again on Monday after the Financial Times reported that Beijing is planning to break up Alipay, the hugely popular payment app owned by its financial affiliate, Ant Group.
China LNG imports continue to soar while crude volumes decline
China’s liquefied natural gas imports continued to surge in August as the world’s largest energy consumer keeps on firing the economy with cleaner fuels. Shanghai-based trade portal …
China Tea Chain Heytea Taps UBS for $500 Million Hong Kong IPO
Heytea, the Chinese teahouse chain, has tapped UBS Group AG for its potential Hong Kong initial public offering as soon as next year, according to people familiar with the matter.
China to target biggest payment app Alipay in tech crackdown, says FT
Chinese regulators have ordered sweeping changes to the country’s biggest payment app Alipay, as the ruling Communist Party attempts to rein in “the unruly growth” of the tech giants.
See what Chinese city at center of fresh Covid-19 outbreak looks like
The fresh coronavirus outbreak in Fujian province on China’s southeastern coast has infected more than 60 people, including 15 elementary school pupils. CNN’s Kristie Lu Stout reports.
Beijing turns up heat on data holding firms, seeking to divide Ant Group’s Alipay
Beijing regulators, who are acting increasingly hawkish around sensitive data firms, are reportedly seeking to break up Ant Group’s loans business Alipay to form a separate app instead.
COVID-19 Delta Variant Breaches China Again, Just Weeks After Last Outbreak
The latest wave comes less than a month after China contained its broadest outbreak since the virus’s initial emergence in Wuhan..