Videos posted on social media showed crowds at Tesla stores and delivery centers in other Chinese cities from Chengdu to Shenzhen, suggesting wider consumer backlash.
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‘Not taken seriously’: woman in China breaks up with boyfriend after his family served her simple meals at first meeting
A woman in China was so enraged by the food her boyfriend’s parents served at their first meeting that she ended the relationship and stormed out of their home before the end of their visit.
SK Bioscience chief says unlikely China will source vaccines from it, Financial Times reports
SK Bioscience Co Ltd chief executive Jaeyong Ahn said in a Financial Times interview that it is unlikely that the vaccine maker can supply COVID-19 vaccines to China amid its recent outbreak due to …
Beijing Financial Court pledges aid to struggling enterprises
Beijing Financial Court has pledged to provide more aid for enterprises suffering from difficulties in operation amid the epidemic, so as to help them get through the tough time. “We’ve also decided …
China central bank to support private firms, ease tech crackdown – CCTV
China’s central bank will step up support for private firms as part of steps to shore up the economy, while easing a crackdown on tech companies, Guo Shuqing, Communist party chief of the People’s …
Policies that were a ‘drag’ on China’s economy in 2022 will now support growth, says Morgan Stanley
Chetan Ahya of the financial services firm says China is likely to do well in 2023. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more…
China tightens listing guidelines to funnel funding to strategic sectors – FT
China’s stock regulator is set to stop local companies in certain sectors from listing on the country’s main stock exchanges, the Financial Times reported on Monday, citing two capital markets bankers …
Asia stocks rally on China optimism, Fed rate bets: markets wrap
Asian stocks are set to enter a bull market after US equities had their best day in more than a month on Friday, driven by China’s reopening trade and expectations of slower rate hikes. The…
Financial steps set to boost private firms
More financial products should be created to encourage spending on housing and automobiles, and financial support will be strengthened for services consumption in such areas as education and culture, …
‘National pride’ prevents China from accepting foreign COVID vaccines, SK Bioscience chief tells Financial Times
SK Bioscience Co Ltd chief executive Jaeyong Ahn said in a Financial Times interview that it is unlikely that the vaccine maker can supply COVID-19 vaccines to China amid its recent outbreak due to …
China to make monetary policy more targeted, effective: senior official
File photo shows a worker counting Chinese currency RMB banknotes at a bank in Linyi, east China’s Shandong Province. (Xinhua/Zhang Chunlei) BEIJING, Jan. 8 (Xinhua) — China will make its prudent …
China has reopened its borders to tourists after three years of COVID-19 closure
The ability of residents Hong Kong to cross into mainland is one of the most visible signs of China’s easing of border restrictions, with travelers arriving no longer required to undergo quarantines.
Hon Hai has ‘no choice’ but to offer bonuses to retain workers in China: Financial services firm
Kirk Yang of Kirkland Capital says it’s been “very difficult” to retain factory workers in China because of the Covid situation there.
