China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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4,639 articles matching the search query.
福特中国确认宁德时代为动力电池供应商
Ford China has confirmed that CATL will be its main battery supplier for electric vehicles.
December 7, 2021 Source: www.cls.cn
农业农村部:推进道地药材生产基地建设 促进中药材产业高质量发展-新闻-上海证券报·中国证券网
Herbal medicine is the focus of a new push by the Ministry of Agriculture and Rural Affairs to establish manufacturing bases for traditional Chinese medicine in underdeveloped parts of China’s countryside.
December 7, 2021 Source: news.cnstock.com
大规模裁员、长视频行业持续烧钱…… 爱奇艺凛冬已至
Winter has come for online video in China, according to many commentators, after mass layoffs at streaming giant iQiyi and the government’s cultural crackdowns.
December 7, 2021 Source: finance.sina.com.cn
国家药监局:人工角膜产品获批上市
An artificial cornea that can be used for transplant was approved by China’s Food and Drug Administration. It is produced without any human donor tissue by Beijing Mihe Medical Devices Co.
December 7, 2021 Source: www.yicai.com
Beijing Winter Olympics US 'diplomatic ban': New Zealand Government not sending ministers, diplomats may attend - Sport Minister Grant Robertson
New Zealand ministers to skip Beijing Olympics, but don’t call it a boycott: A day after the U.S. announced a “diplomatic boycott” of the 2022 Winter Olympics, New Zealand said it “won’t send ministers to China’s Winter Olympic Games but New Zealand diplomats may attend,” according to local media outlet Stuff. Sport Minister Grant Robertson said the move was due to a “range of factors but mostly to do with COVID.”
December 6, 2021 Source: Stuff
Bloomberg News China Staffer Haze Fan Still Detained One Year On
Haze Fan, a member of the Bloomberg News team in Beijing, was detained a year ago under unclear circumstances. She remains incommunicado, “with no information forthcoming on her case,” Bloomberg reports.
December 6, 2021 Source: Bloomberg.com
China Climate Plan Needs Power Lines for Green Energy
Ultra-high-voltage (UHV) power lines will be essential for China’s clean energy future, because unlike coal and other fossil fuels, “wind and sunshine can’t be trucked to power plants closer to urban centers,” Bloomberg reports. Bloomberg writes that the project of building out UHV lines in China “will take 30 years and cost $300 billion,” and it won’t be a frictionless process, because however clean the power the lines carry is, the thickening web of high voltage towers is “expensive, noisy and, to many, a blight on the landscape.”
December 6, 2021 Source: Bloomberg.com
Chinese securities regulator responds to new SEC rules on listing in U.S.
The latest volley in the VIE ban back-and-forth came from the China Securities Regulatory Commission on December 5, which again denied reports that Beijing plans to ban IPOs in the U.S. with variable interest entity (VIE) structures. See earlier on SupChina: China to close loophole for foreign IPOs? and Did China take another step to financial decoupling with new VIE rules?
December 6, 2021 Source: pekingnology.substack.com
China Increasingly Obscures True State of Its Economy to Outsiders
China is sharing less data with the outside world, the Wall Street Journal reports, and it has “made it harder for foreign companies and investors to get information, including about supplies and financial statements.” Part of the issue is a new data-security law, which has reportedly caused hiccups in shipping and logistics, but the WSJ adds that in the past year, China has also “restricted information on coal use, purged documents related to political dissent cases from an official judicial database, and shut down academic exchanges with other countries.”
December 6, 2021 Source: WSJ
China frees up $188 bln for banks in second reserve ratio cut this year
The PBOC will boost liquidity on December 15 with its second reserve ratio cut this year. The release of cash reserves is targeted to free up 1.2 trillion yuan ($188.24 billion) in long-term liquidity for banks to prop up a slowing economy, Reuters reports. The move “came sooner than the market had expected, which is a reflection of the PBOC’s strong willingness to ease growth concerns,” Nanjing Securities analyst Hao Yang told Bloomberg. See also coverage in Caixin.
December 6, 2021 Source: Reuters
Tiandy's Iran Business, Sells to Revolutionary Guard And Military
An inside look into one of the PRC's biggest surveillance company's doing business in Iran who mocked its sanctioned domestic rivals for not doing so.
December 6, 2021 Source: IPVM
36氪首发丨运动服品牌MAIA ACTIVE获C轮近亿元融资,让亚洲女性“穿得好看”_详细解读_最新资讯_热点事件_36氪
MAIA ACTIVE, which bills itself as a sportswear brand designed for Asian women, bagged close to 100 million yuan (~$15 million) in its Series C. The company is backed by big-name investors including Sequoia China.
December 6, 2021 Source: 36kr.com
Dalian Wanda returns to growth, opening new shopping malls
Indebted commercial property developer Dalian Wanda Group is shrugging off its debts and betting on what it knows best: more shopping malls and movie theaters for the middle class.
December 6, 2021 Source: Nikkei Asia
China Tech Index Tumbles to Lowest Since Launch as Rout Deepens
Hong Kong’s Hang Seng Tech Index slumped to a record low, digesting Beijing’s latest crackdowns. On Friday, after Didi’s delisting announcement, the Nasdaq’s China index plunged 9.1% — its biggest drop since 2008.
December 5, 2021 Source: Bloomberg.com
WSJ News Exclusive | China Seeks First Military Base on Africa’s Atlantic Coast, U.S. Intelligence Finds
Will Bata, on Africa’s Atlantic coast, be the site of China’s next military base? China likely “intends to establish its first permanent military presence on the Atlantic Ocean” in the port city in Equatorial Guinea, which “already has a Chinese-built deep-water commercial port on the Gulf of Guinea, and excellent highways link the city to Gabon and the interior of Central Africa,” the Wall Street Journal reports, citing U.S. intelligence. The Biden administration has attempted to convince the small Central African country to reject Beijing’s overtures, but “believes it will require a persistent, long-term effort to fend off a Chinese naval presence.” If built, the Bata base would be China’s second in Africa after Djibouti in 2017.
December 5, 2021 Source: WSJ
Warren Buffett-backed electric car company BYD reported cumulative sales of 509,838 new energy vehicles from January to November, a year-on-year increase of 216.97%.
December 3, 2021 Source: www1.hkexnews.hk
EV battery maker CATL is learning Xi-era lessons: The company donated 2 million shares (0.09% of its available shares) to the Shanghai Jiaotong University Education Development Foundation.
December 3, 2021 Source: static.cninfo.com.cn