The hardest blow seems to have landed on Swedish retailer H&M (Hennes & Mauritz AB) with 505 of their stores in China – comprising approximately 5% of their overall business. The Chinese potentially …
Tagged By beijing
Alibaba accepts record China fine and vows to change
The company added that it was not aware of any further anti-monopoly investigations by Chinese regulators, though it signalled that Alibaba and its competitors would remain under review in China over …
India’s EV battery plant is putting China’s monopoly to test
Now, India wants to move from being a producer of raw materials for EV battery to making some of their key parts.
Top China official admits its COVID-19 vaccines have low effectiveness
Chinese vaccines “don’t have very high protection rates,” said the director of the China Centers for Disease Control, Gao Fu, at a conference Saturday in the southwestern city of Chengdu. “It’s now …
China’s Alibaba says to lower entry barriers after record antitrust fine
China on Saturday imposed a record 18 billion yuan ($2.75 billion) fine on Alibaba amid a crackdown on technology conglomerates, signalling a new era after years of laissez-faire approach. Load Error …
China works to fill the ‘shocking’ vaccination gap between countries China works to fill the ‘shocking’ vaccination gap between countries
China’s Foreign Ministry spokesperson disclosed the number on March 30: China is providing vaccine assistance to 80 countries and 3 international organizations, exporting to 40-plus countries, and …
Analysis: Chinese Tech Start-Ups Pull IPO Plans as Beijing Tightens Scrutiny
Analysis: Chinese Tech Start-Ups Pull IPO Plans as Beijing Tightens Scrutiny SHANGHAI/HONG KONG (Reuters) – A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style …
China launches hotline to report ‘illegal’ comments about Communist party
Public encouraged to report internet users who cast doubt on party’s version of history ahead of its 100th anniversary China’s cyber regulator has launched a hotline to report online criticism of the …
American Rescue Plan: US stimulus seen widening trade deficit that sparked Trump’s trade war with China
The US$1.9 trillion American Rescue Plan is poised to attract more Chinese imports, and analysts expect it to widen the United States’ contentious trade deficit with the world’s second-biggest economy …
Biden’s ‘Made in America’ electric vehicle push likely to benefit China
President Biden’s push to fill the nation’s roads with electric vehicles would be a boon for China and would increase America’s dependence on the communist power, which dominates the globe in advanced …
Top US Diplomat Criticizes China, Says ‘Need To Get To the Bottom’ of COVID-19 Origin
“We need to do that precisely so we fully understand what happened, in order to have the best shot possible preventing it from happening again.” …
Blinken doesn’t say if he thinks China knows the true origins of COVID-19
It means strengthening the World Health Organization and reforming it so it can do that, and China has to play a part in that,” he added. When Blinken was asked if he would guarantee the…
Coronavirus: US diplomat Anthony Blinken criticises China, insists on ‘need to get to the bottom’ of pandemic origin
China’s failure to provide access to global health experts made the Covid-19 pandemic worse than it had to be, US Secretary of State Anthony Blinken said on Sunday, and it was important to “get to…
ADVERTISEMENT
