Chinese regulators said on Saturday they have fined Alibaba Group Holding Ltd a domestic record $2.75 billion for antitrust violations, amid an unprecedented regulatory crackdown on Jack Ma’s company …
Tagged By covid-19
China able to produce 5b COVID-19 vaccine doses annually by 2022
China is expected to achieve an annual production capacity of 5 billion doses of COVID-19 vaccine by the end of next year, with nearly 70 percent of its population vaccinated, said Feng Duojia, …
China promotes COVID-19 vaccination with high efficiency
The Chinese pharmaceutical giant said its daily output of COVID-19 vaccines had reached about 3 million doses and would be further expanded to meet the growing demand of China and other countries.
A Chinese grandfather holds his grandson in Beijing, China
A Chinese grandfather holds his grandson as they go for a walk in Beijing on February 23, 2018. China’s one-child policy enforced since 1980 has, when combined with a cultural preference for boys and …
East China’s Jiangsu launches mass vaccination campaign against COVID-19
People receive COVID-19 vaccine at a vaccination site in Gulou District of Nanjing, east China’s Jiangsu Province, April 9, 2021. East China’s Jiangsu Province has launched a mass vaccination campaign …
China Fines Alibaba $2.8 Billion in Landmark Antitrust Case
By Raymond Zhong China on Saturday said it was imposing a record $2.8 billion fine on the e-commerce titan Alibaba for monopolistic business practices, the government’s toughest action to date in its …
China regulators fine Alibaba $2.75 billion for anti-monopoly violations
SHANGHAI (Reuters) – Chinese regulators have fined Alibaba 18 billion yuan ($2.75 billion) – around 4% of its revenues in 2019 – for violating anti-monopoly rules and abusing its dominant market …
China reports 14 new COVID-19 cases in mainland vs 21 a day earlier
Mainland China reported 14 new COVID-19 cases on April 9, down from 21 a day earlier, the country’s national health authority said on Saturday. The National Health Commission said in a statement that …
Are Shenzhen’s high home prices a trap or an opportunity?
Some analysts worry about Shenzhen falling into a high-income trap because high home prices might drive out talent and companies, causing an industrial hollowing-out. However, there have been many …
China Steps Up Efforts to Cool Down Myanmar Tensions Amid Fear of Civil War
China has stepped up efforts to defuse tensions in Myanmar as deepening unrest in the neighboring nation threatens to erupt into a civil war among the military, opposition figures and various …
Is there a more dangerous virus than corona present at the Wuhan lab of China?
Coronavirus has started wreaking havoc all over the world once again. At the same time, another frightening news has come out. Another virus as dangerous as the corona virus may soon disturb the world …
‘Ping Pong Diplomacy’ Celebrates 50 Years, Just As U.S.,China Need It Again
As some call for a boycott of the 2022 Beijing Winter Olympics, more sports interaction could be helpful, like “Ping Pong Diplomacy” 50 years ago that helped thaw part of the Cold War.
Defying Beijing, US loosens restrictions on Taiwan contacts
The United States will still consider only Beijing as China’s legitimate government, consistent with its switch of recognition in 1979, but will do away with some of the convoluted rules that …
