Apr 21, 2022 03:37 AM- In Depth: China’s Planned Revamp of Trust Bailout Fund Draws Questions
- Industry insiders wonder which companies will benefit from the proposal to split the fund in two, as well as whether the new funding system is equitable
Apr 20, 2022 19:42 PM- China’s Real Estate Woes Push Property Services Firm to Default on Dollar Bond
- E-House fails to repay a $298 million bond due Monday after getting caught up in the financial troubles of several developers
Apr 20, 2022 18:10 PM- China’s Covid Controls Take a Heavy Toll on Highway Traffic
- Volume of vehicles of the nation’s expressways plunges 40%, including a 65% drop in the Yangtze River Delta region around Shanghai
Apr 19, 2022 20:18 PM- Shanghai Supermarkets Begin to Reopen, Though Covid Curbs Keep Many Staff at Home
- While 1,000 grocers have restarted operations, most are only fulfilling online orders
Apr 19, 2022 19:56 PM- Five Things to Know About China’s Mega East-West Data Center Plan
- The immense project, which the central government sees as critical infrastructure for the future, aims to draw energy-rich western provinces into the digital fold
Apr 19, 2022 05:34 AM- Top Automaker SAIC Moves to Resume Production in Shanghai
- Preparations after three weeks of Covid lockdowns focus on ensuring personnel and supply chains with virus-control measures
Apr 18, 2022 21:02 PM- Shanghai Gives Green Light for Key Manufacturers to Set Up Production Bubbles
- Total of 666 companies can start work under ‘closed-loop management,’ including in automotive, medical and chipmaking sectors
Apr 18, 2022 20:20 PM- Didi Says It Won’t List Elsewhere Until After It Leaves New York
- The Chinese ride-hailing giant cites ongoing government cybersecurity review for the delay, throwing cold water on the notion that its shares soon might be trading in Hong Kong
Apr 18, 2022 19:49 PM- China Eastern Puts Boeing Model From March Crash Back in the Sky
- Airline says it has gradually resumed flying its fleet of nearly 90 737-800s with the exception of those bought around the same time as the crashed jetliner
Apr 16, 2022 04:07 AM- China’s Auto Industry May Grind to a Halt Amid Shanghai Lockdown
- Business executives issue dire warnings as stringent Covid-control policies drag on and threaten production of cars, semiconductors and other goods
Apr 15, 2022 20:51 PM- Facing Uncertainty in U.S., Chinese Q&A Platform Zhihu Turns to Hong Kong
- The company behind the Quora-like website raises $106 million in an additional primary listing as it faces the possibility of having to abandon its U.S. listing
Apr 15, 2022 19:25 PM- China’s Steel Stockpiles Swell as Covid Crimps Demand and Curtails Deliveries
- Inventories hit a two-year peak amid disruptions in construction and transportation, leading to a slump in steel and iron ore futures
Apr 14, 2022 19:49 PM- Soaring Lithium Prices Yield Bumper Profits
- The average spot price of battery-grade lithium carbonate, a key material used in electric car batteries, has nearly doubled in the first quarter after shooting up 434% last year
Apr 14, 2022 19:18 PM- Covid Concerns Leave More Shenzhen Office Space Empty
- About 77.8% of top class office space in the southern tech hub was leased at the end of March, a decline of 2.9 percentage points from the end of last year
Apr 14, 2022 06:03 AM- Shanghai’s Covid Lockdown Forces Scramble by Tech Supply Chain
- As Apply suppliers Quanta and Pegatron suspend output, Biren, SMIC and Hua Hong dodge restrictions by having workers live in factories and offices
Apr 14, 2022 05:10 AM- Chinese Metal Tycoon’s Companies Fined $1.83 Billion by U.S.
- Businesses controlled by Zhongwang founder Liu Zhongtian sentenced in conspiracy to evade customs duties on aluminum
Apr 13, 2022 20:48 PM- Flavored Vapes Banned From October as New E-Cigarette Rules Approved
- Upcoming rules represent the final piece of the puzzle in the years-long development of China’s vape-management regime
Apr 13, 2022 20:23 PM- War in Ukraine Expected to Add $100 Billion to China’s Oil Import Bill
- Construction of national strategic petroleum reserve system started in 2007 to safeguard supplies during energy crises
Apr 13, 2022 19:55 PM- Gas-Powered Car Sales Crash While EVs Boom
- Shipments shrank by 11.7% in March while production fell 9.1%, an industry body says
Apr 13, 2022 18:45 PM- China Is Running 70% Fewer Passenger Trains Than ‘Normal,’ Operator Says
- Only about 3,000 trains are operating daily due to the suspension of many services from regions hit hard by Covid-19 outbreaks
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