The bipartisan legislation would spend more than $200 billion to boost US manufacturers of semiconductors and fund research on other strategic goods.
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Coronavirus: China under pressure over probe into origins of COVID-19, scientists demand more clarity
China is coming under increasing pressure over probe into the origins of the COVID-19, even as scientists are demanding more clarity to go into the roots of the global pandemic.
TikTok owner ByteDance launches share buyback after shelving IPO plans
In an email sent to current and former employees this week, ByteDance said eligible shareholders can apply to sell their holdings by June 20 at $126 p..
Shares in JD.com’s logistics unit jump after $3.1bn Hong Kong IPO
Shares in the supply chain and delivery unit of Chinese ecommerce group JD.com rose 14 per cent on their debut after the company raised $3.1bn in one of Hong Kong’s largest stock offerings this year.
Online Health-Care Platform ClouDr Mulls $500 Million IPO
Digital health-care platform ClouDr is considering an initial public offering that could raise about $400 million to $500 million, according to people with knowledge of the matter. The Chinese company …
China reports 7 new COVID-19 cases vs 19 a day earlier
China reported 7 new COVID-19 cases on the mainland for May 27, down from 19 cases a day earlier, the country’s national health authority said on Friday.
China blasts Joe Biden’s call to determine origins of coronavirus
The Chinese Embassy in Washington accused unnamed political forces of being fixated on a blame game while ignoring the urgent need to combat the pandemic.
Tenants evacuated from Shenzhen’s swaying SEG Plaza skyscraper demand compensation as investigation into cause continues
Tenants evacuated from a commercial skyscraper in Shenzhen that began shaking last week are seeking compensation, as investigations continue into the cause of the mysterious wobbling. The owner of an …
US Senate approves key amendment that improves chance of China bill’s passage
Republican Mike Crapo, who pressed for the bipartisan amendment, calls the sweeping bill ‘the intersection between Republicans and Democrats in the Senate on trade policy’.
JD Logistics has 20 per cent upside in Hong Kong debut as investors eye IPO turning point after Baidu and Bilibili fumble
JD Logistics is poised to hand investors a windfall in trading debut as the broader Hong Kong market looks to complete a winning week and month. It could mark a turning point in sentiment, after…
China’s stonewall of Covid origin probe pushed Biden to reveal latest intel review, source says
The U.S. intelligence community has been unable to reach a “definitive conclusion” on the origins of the virus so far, Biden said Wednesday.
US urges WHO to carry out second phase of coronavirus origin study in China
The initial investigation was ‘insufficient and inconclusive’, the US says, calling for independent experts to be given full access to original data and samples.
‘China has something to hide’: Beijing stumbles on lab leak probe as Western democracies tout Taiwan
President Joe Biden’s decision to “redouble” intelligence efforts to trace the origin of the coronavirus pandemic could intensify international distrust of Beijing and hurt the Chinese Communist …