The latest comments come straight from China’s top leader, Xi Jinping, indicating there is likely to be further action taken against the tech giants. ( read original story …)
Tagged By covid-19
Vanguard suspends push for China fund licence
Vanguard has halted plans to obtain a fund management licence in China just months after moving its main Asia office to Shanghai, as the US group’s low-cost model hit speed bumps in a fast-growing ……
China’s tech giants fall under regulator’s pressure
China’s tech giants are coming under increasing pressure from regulators worried about their growing influence. By Monday, Tencent had shed more than $60bn (£42bn) from its market value as its share … ( read original…
China approves a fourth COVID-19 vaccine for emergency use
China has approved a new COVID-19 vaccine for emergency use, one that was developed by the head of its Center for Disease Control, adding to its arsenal … ( read original story …)
Passengers board a plane as hazardous weather hits Beijing, China
Passengers board an Air China jet at Beijing’s international airport as hazardous weather hits the capital on May 3, 2017. A major dust storm is choking a large portion of northern China, in yet ……
Encrypted messaging app Signal stops working in China
SHENZHEN, China (Reuters) – Encrypted messaging app Signal appeared to no longer be working in China without the use of a virtual private network (VPN) on Tuesday morning, users in the country said. ( read…
China’s tech megacity Shenzhen at risk of being high-income trap as GDP soars
Soaring labour expenses and a real estate bubble have already made Shenzhen less attractive to manufacturers planning to build new plants. ( read original story …)
AFL-CIO urges U.S. to block imports of solar products from China’s Xinjiang
CIO, the largest U.S. labor federation, is calling on the Biden administration and Congress to stop imports of solar products from China’s Xinjiang region over human rights concerns. ( read original story …)
Vanguard Hits Pause on Fund Ambitions in China
The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group … ( read original story …)
China reports 13 new COVID-19 cases vs 5 a day earlier
The National Health Commission said in a statement that all of the new cases were imported infections originating from overseas. The number of new asymptomatic cases, which China does not classify as … ( read…
WHO Points To Wildlife Farms In Southern China As Likely Source Of Pandemic
Peter Daszak of the investigative team sent to Wuhan says the farms were probably where the coronavirus first jumped from bats to another animal before infecting humans. ( read original story …)
Business worries intensify over China’s tightening grip on Hong Kong
First there was an extradition bill that, if passed as planned in 2019, would have allowed Hong Kong residents to be extradited to China if they are wanted on certain charges there, including offences ……
Worst Dust Storm in a Decade Sweeps Across China
new video loaded: Worst Dust Storm in a Decade Sweeps Across China Advertisement International video coverage from The New York Times. International video coverage from The New York Times. 4:30 NOW … ( read original…
