China posted its biggest daily jump in COVID cases in more than five months on Wednesday, stepping up containment measures that have seen four cities put under lockdown, as the world’s second biggest … (…
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Oil hits 11-month high; China car sales keep recovering – business live
Shares in oil giants BP (+1.5%) and Royal Dutch Shell (+1%) have risen in early trading, following the rally in the oil price. This has helped to lift the FTSE 100 by around 10 points…
Bets on for Macau’s Sands China after U.S. billionaire Adelson’s death
Sands China Ltd’s adjustment to life after the death of billionaire founder Sheldon Adelson, coming a year before the firm’s gaming licence expires, could open up opportunities for Chinese investors … ( read original story…
Chinese facial recognition unicorn Megvii prepares China IPO
Megvii, one of China’s largest facial recognition startups, is gearing up for an initial public offering in Shanghai. The company is working with CITIC Securities to prepare for its planned listing, … ( read original…
China’s Megvii kick-starts IPO on Shanghai’s Star Market after Trump added facial recognition giant to entity list
Facial-recognition developer Megvii abandoned its original Hong Kong IPO plan after the Trump administration placed it on a trade blacklist; it is now looking to list on Shanghai’s Star Market. ( read original story …)
PE firm Privavera chairman says remain optimistic about China’s Ant Group
Private equity firm Primavera Group, which counts China’s Ant Group as one of its portfolio companies, remains optimistic about the financial technology giant, its chairman Fred Hu said on Wednesday, … ( read original story…
Province In China On Lockdown After Biggest Coronavirus Spike In Months
Eleven million people are under lockdown in Hebei province after a new cluster of coronavirus infections. Since Jan. 2, Hebei has reported more than 600 … ( read original story …)
Timeline: China and World Health Organization during COVID-19 crisis
A team from the World Health Organization (WHO) will arrive in the central Chinese city of Wuhan on Thursday to begin investigating the origins of the COVID-19 pandemic. Following is a timeline … ( read…
China Needs to Come Clean on Covid-19
As the World Health Organization arrives to probe the pandemic’s origins, China would help itself — and everyone else — by cooperating. ( read original story …)
China sees growing COVID-19 threat as more cities locked down
China has recorded the biggest daily jump in COVID cases in more than five months, despite four cities in lockdown, increased testing and other measures aimed at preventing another wave of infections … ( read…
China sees biggest daily Covid tally since July as WHO prepares to fly in
China has put three cities near Beijing into lockdown in bid to prevent fresh outbreak … ( read original story …)
Brazil researchers now say China’s Sinovac vaccine is 50% effective — lower than announced earlier
The Butantan Institute had said last week that CoronaVac was 78% effective among volunteers with mild to severe infections, reported the Wall Street Journal. ( read original story …)
Ford sold 602,627 vehicles in China in 2020, up 6% year-on-year
Ford Motor Co said on Wednesday it sold 602,627 vehicles in China last year, up 6% from 2019, its first annual growth in the world’s biggest car market since 2017. After a peak of 1.08…
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