China will suspend direct flights to and from the United Kingdom indefinitely over fears of a new strain of the coronavirus, Wang Wenbin, a foreign ministry spokesman said on Thursday. ( read original story …)
Tagged By beijing
Futures rise in pre-Christmas trade; Alibaba falls on China probe
U.S. stock index futures rose on Thursday ahead of a shortened trading session on hopes of a gradual economic rebound, while Alibaba slumped after China launched an antitrust investigation into the … ( read original…
Beijing launches antitrust investigation into Alibaba
China’s market regulator on Thursday announced an antitrust investigation into Alibaba, the country’s biggest tech company, a month after authorities halted sister company Ant’s $37bn initial public … ( read original story …)
With Money, and Waste, China Fights for Chip Independence
Beijing’s drive to free itself from reliance on imported semiconductors has lifted start-ups and big firms alike. Some have flamed out. But there has been progress. ( read original story …)
China Will Continue to Pose Risks for Investors. Here’s What to Expect in 2021.
China risks are on multiple fronts—from the technology rivalry with the U.S. to more regulatory scrutiny inside China of internet giants. ( read original story …)
Beijing Sends Alibaba an Unwelcome Christmas Present
The government’s antitrust broadside against the Chinese tech giant marks an escalation in hostilities. ( read original story …)
China Has a Huge Wealth-Gap Problem — and It’s Getting Worse
China’s economy could become the world’s biggest within the decade. It’s also one of the most unequal — a problem only made worse by the pandemic. ( read original story …)
Brands can take steps to stamp out China’s ‘slave’ cotton
Last week, the BBC documented the forced labour of Uyghur people in the cotton industry of the Xinjiang region of west China, where many are being moved … ( read original story …)
New Strain of Coronavirus: China Bans UK Flights Indefinitely
The first case of Coronavirus was first reported from Chinese city of Wuhan in 2019. Since then, China has largely been able to contain the spread of Coronavirus infection within its country. ( read original…
China Aims to Tackle Obesity with New ‘Healthy China’ Initiative
According to a new government report, more than half of the country’s adult population is either overweight or obese. Chinese officials have vowed to address the problem with a campaign. ( read original story …)
China rejects reports of hitch in investment pact talks with EU
The Chinese foreign ministry on Thursday denied that talks on an investment pact between the European Union and China had run into complications due to Chinese demands on nuclear power investment. ( read original story…
Alibaba stock slumps as China launches antitrust investigation
China has launched an antitrust investigation into Alibaba as it steps up scrutiny of the country’s rapidly growing internet firms. © Long Wei/VCG/ Alibaba Group symb … ( read original story …)
Chinese brands to launch new 5G phones to compete with iPhone 12
China’s handset vendors reportedly are ready launch an array of 5G high-end and budget phones starting January, seeking to recover lost ground from Apple’s iPhone 12 lineup, according to industry … ( read original story…
