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In Depth: U.S. Audit Row Dims Big Accounting’s Prospects in China

Caught in the crossfire of the dispute with Wall Street regulators and with growing competition at home, Chinese members of the global Big Four accounting networks face a tougher future in China

China Stories: Illuminating the Silver Screen for the Visually Impaired
Dec 01, 2022 03:42 PM
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Gallery: Dine-In Returns for Guangzhou’s Low-Risk

Eating at restaurants resumed in the southern metropolis as local authorities ease strict Covid-19 containment measures in one of the worst-hit cities in China’s latest outbreak. But the luxury is limited to low-risk areas of Haizhu, Liwan, Tianhe and Conghua districts. Officials reported about 7,000 new local cases for Wednesday, including 1,313 symptomatic infections

Dec 01, 2022 08:17 PM

China Says Dominant Omicron Strain Less of a Threat Than Original Covid

CDC comments may provide scientific justification for easing tough pandemic restrictions amid growing public frustration

Dec 01, 2022 08:14 PM

XPeng Warns of Quarterly Sales Crash as Losses Widen

China EV maker said revenue growth in previous quarter was slowest this year as Covid measures weighed on demand

Dec 01, 2022 08:10 PM

New York, Singapore Top List of Most Expensive Cities in the World

Tel Aviv, which held the No. 1 spot last year, got knocked down to third, while Hong Kong and Los Angeles rounded out the top five priciest places to live

Dec 01, 2022 03:59 PM

China’s Vice Premier Urges Refining Covid Response

Sun Chunlan says the country’s battle against the virus requires a new approach as the omicron variant becomes less pathogenic and vaccination rates increase

Dec 01, 2022 03:52 PM

Chinese Stocks Add to Historic Rally as Reopening Signs Grow

The Hang Seng China Enterprises Index rises as much as 3.7% before paring gains

Dec 01, 2022 03:49 PM

China Stories: Illuminating the Silver Screen for the Visually Impaired

Recent changes in copyright law and regulation are helping make film accessible for the country’s 17 million people with visual impairments

Dec 01, 2022 03:42 PM

Gallery: Two Cities Ease Lockdowns

Guangzhou and Zhengzhou relaxed Covid-19 containment measures after China’s top health authorities ordered local officials to avoid engaging in excessive control measures including lockdowns. On Wednesday, several districts in South China’s Guangzhou dismantled barriers that penned in residents, while the central city of Zhengzhou ended a five-day lockdown in its urban areas. However, parts of the metropolises designated as Covid-19 high-risk areas remain locked down

Dec 01, 2022 03:05 PM

Shanghai Composite Index Rose 0.45% on Thursday

Shenzhen Component Index closed up 1.4%

Dec 01, 2022 03:03 PM

Photo Essay: Mysteries Remain at Famed Chinese Archeological Dig

Excavation at Sanxingdui Ruins near Chengdu was restarted in 2019 in a bid to better understand the intriguing history behind the myriad of bronze and gold artifacts

Dec 01, 2022 03:01 PM

iPhone City Maintains Factory Curbs as China Tweaks Covid Approach

The plant, run by Foxconn, is sticking with a system adopted weeks ago that prevents workers from leaving the facility, source says

Dec 01, 2022 02:51 PM

TikTok CEO Says U.S. Data Protection Is a ‘Solvable Problem’

Shou Zi Chew says he’s confident the social media app will reach a resolution with American authorities that will allow it to keep operating in the country

Dec 01, 2022 02:49 PM

CX Daily: China’s Housing Recovery Will Require Rebooting the Economy (Part 3)

Former Chinese President Jiang Zemin dies at 96. Guangzhou plans to conditionally allow home quarantine for close contacts of Covid cases

Dec 01, 2022 09:41 AM

Auto Dealers Face Mounting Inventories as Sales Slow

November stocks of unsold vehicles reach the second-highest level this year as Covid lockdowns stymie business

Dec 01, 2022 04:49 AM

China to Fully Reopen by Mid-2023, Top UBS Economist Predicts

Hu Yifan projects surge in economic growth as authorities exit strict Covid control policies by next year’s third quarter

Dec 01, 2022 04:25 AM
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