Dec 30, 2022 05:28 AM- China-Developed Covid Pill Matches Paxlovid, Study Shows
- Junshi Biosciences and Vigonvita Life Science’s VV116 had similar results to Pfizer’s drug in a trial during the Shanghai outbreak
Dec 29, 2022 19:29 PM- CATL-Linked Battery Materials Company Stages Hot IPO
- Shangtai Technology opens 20% above its offering price of 33.88 yuan, a sign that inves-tors were optimistic about its growth prospects
Dec 29, 2022 18:52 PM- Alibaba’s DingTalk Hits 15 Million Paying Users as It Tries to Climb Out of the Red
- China’s largest workplace collaboration platform is implementing an aggressive commercialization plan that targets turning a profit in three to five years
Dec 29, 2022 17:09 PM- Cash-Strapped Chinese Developer Sells $1.8 Billion of Assets to State-Owned Rival
- China Fortune Land will transfer its shares and creditor rights in four subsidiaries located in the country’s south to China Resources Land
Dec 29, 2022 04:58 AM- New Coal-Fired Electricity Plant Approvals Triple From 2021
- In first 11 months this year, authorities clear 65 million kilowatts of coal-burning capacity, threatening to undermine climate goals, study finds
Dec 29, 2022 04:45 AM- China Drops Covid Curbs on International Flights
- Civil aviation regulator confirms government plan to scrap all pandemic limits as of Jan. 8, including quarantines, testing and capacity caps
Dec 28, 2022 20:46 PM- IQiyi Extends Reality With New XR Headset
- The first of a new product line, the headgear incorporates elements of augmented, virtual, and other manners of reality
Dec 28, 2022 20:18 PM- China’s Iron and Steel Producers Hit by Property Slump
- Profits of ferrous metal smelting and pressing companies plummet 94.5% to $3.3 billion for the first 11 months of 2022
Dec 28, 2022 20:15 PM- With Vacancies Rising, Rents Are Falling for Beijing’s Premium Office Space
- The vacancy rate for Grade A commercial real estate rose 1.4 percentage point to 16% in the fourth quarter from the previous three-month period
Dec 27, 2022 20:56 PM- China’s EV Brands Winning Favor With Local Drivers at Expense of Foreign Competitors
- Trend could put homegrown EVs in pole position in China’s high-end auto market in the next three to five years, according to a McKinsey survey
Dec 27, 2022 20:42 PM- Flight Booking Sites Swamped With End of Travel Restrictions on the Horizon
- Searches for overseas tickets jumped tenfold on Trip.com after announcement that quarantine and PCR test requirements will be dropped for inbound flights from Jan. 8
Dec 27, 2022 20:32 PM- Southern Chinese City Abolishes Homebuying Limits to Boost Demand
- Dongguan in Guangdong province has scrapped restrictions on who can purchase properties and how many they can buy
Dec 27, 2022 06:39 AM- Fuyuan Beauty Salon’s Chairman Gets 16-Year Sentence for Fundraising Fraud
- Convicted along with Chen Xing, 32 other executives at the Jiangsu province-based chain, received sentences ranging from 21 to 90 months
Dec 26, 2022 20:05 PM- Surging Covid Infections Delay Chinese Exporters’ Deliveries
- Sick workers are preventing companies from fulfilling their orders on time
Dec 23, 2022 03:45 AM- TuSimple Slashes Workforce 25% in Sweeping Restructuring
- Driverless truck startup will focus on R&D and on providing self-driving technologies to other transport companies
Dec 22, 2022 20:54 PM- China Pharmacies Told to Give Out Free Fever Meds as Outbreak Grows
- Chain chemist Meizhihui has begun handing out 100,000 free ibuprofen pills in Shaanxi province, with a cap on the amount
Dec 22, 2022 20:32 PM- Germans Will Soon Be Able to Access BioNTech Jab on Mainland, Ambassador Says
- The shot will be available over the next few weeks as the two countries are still working out the ‘final details’ of the agreement, Berlin’s envoy to China says
Dec 22, 2022 19:36 PM- Silicon Wafer Prices Fall as China Solar Supply Glut Looms
- The average prices of two key types of the solar panel component each dropped by 10% or more in the past week
Dec 22, 2022 05:15 AM- China Baowu Steel Officially Takes Over Sinosteel
- World’s largest steelmaker absorbs debt-plagued mineral resources developer in restructuring orchestrated by state-owned assets commission
Dec 21, 2022 20:04 PM- In Depth: Strict Rules at Home Push Chinese Metaverse Entrepreneurs, Investors Overseas
- The scramble to monetize the metaverse and web3 is in full swing, as a new phase of the internet based on cryptocurrency and blockchain technology takes shape
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