Asian markets were a sea of red except for China’s small gains, while Hong Kong and the Philippines were spared the carnage due to market holidays.
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The Download: China is sticking to its zero-covid plan, and how Ukraine is rebuilding its destroyed cities
China is sticking to its zero-covid lockdown policy. Shanghai and Beijing, China’s two largest cities, are tightening covid restrictions on residents as part of the country’s …
Another delay to BioNTech Covid-19 vaccine study in China
Phase 2 trial now not expected to end until October, according to clinical trial database It is the second postponement for the study’s completion date The completion date of a BioNTech coronavirus …
China’s chip import volume falls in first four months amid tech self-sufficiency push, Covid-related manufacturing disruption
China imported 186 billion IC units from January to April, down 11.4 per cent year-on-year The current downward trend is in sharp contrast with roaring IC import growth seen over the past two years …
China bans minors from live streaming on social media
Chinese regulators have moved to ban minors from live-streaming on various social media platforms to protect their physical and mental health, the media reported on Monday.
On China, US National Security Experts Fear the Wrong Thing
Chaillan’s resignation is indicative of a broader frenzy in the US national security community, which has come to see China as a “techno-authoritarian” superpower bent on reshaping global technology …
Domestic brands attract young consumers
We often exchange views on styles and production skills,” said Shu, adding that young consumers make up a big part of her clientele. Over the past few years, China has seen a surge in young…
Deribit and OKX attract significant traffic from China despite a blanket ban: report
A Cointelegraph exclusive report highlighted the rise in the use of virtual private networks among Chinese traders after the blanket ban. Recent data from Similarweb verifies that Chinese traders are …
China’s coronavirus controls are ‘throttling US business confidence’, American lobby groups says
A growing number of American firms are cutting revenue projections for China this year and say attracting foreign talent is becoming difficult, a new survey from a US business lobby shows.
Foreign business urges China to change course on Covid
“We understand China choosing to prioritize health and safety above all else, but the current measures are throttling US business confidence in China,” said Colm Rafferty, chairman for the chamber in …
US Lobby Fears ‘Exodus’ of Foreign Staff in China Due to COVID Measures
American businesses are struggling to persuade overseas staff to join them in China due to the country’s strict COVID-19 control measures and ongoing lockdowns, the American Chamber of Commerce in …
Across China: Domestic brands attract young consumers
Over the past few years, China has seen a surge in young consumers interested in domestic brands and products that incorporate traditional Chinese style and culture, a trend known as “guochao.” These …
FABS Act is US attempt to ramp up its chip sector, keep pace with China
The US are said to be preparing to reconcile two massive bills aimed at improving the local chip industry as well as competitiveness against China.
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