Beijing Government Strengthens Initiative to Fight COVID-19, Testing 20 Million People Daily to Prevent Lockdown Distress in Shanghai

(Photo : JADE GAO/AFP via Getty Images) A health worker takes a swab sample from a woman to be tested for Covid-19 coronavirus at a makeshift testing site in Zhongguancun in Beijing. Three-quarters of the 22 million population of ...

Shanghai’s new Covid-19 cases fall to 21-day low as Beijing’s infections soar, drawing China’s focus to capital city’s outbreak

Shanghai’s new Covid-19 cases fell for the third consecutive day to the lowest in 21 days, as China’s anti-pandemic focus shifts to the nation’s capital, where daily infections have set a record. New infections fell 12.7 per cent in ...

Beijing Covid spike prompts mass testing, panic buying

Fears of a hard Covid lockdown sparked panic buying in Beijing on Monday, as long queues for compulsory mass testing formed in a large central district of the Chinese capital. China is already trying to contain a wave of ...

Beijing expands mass testing as lockdown fears grow

Beijing on Tuesday launched mass coronavirus testing for nearly all its 21 million residents, as fears grew that the Chinese capital may be placed under a strict lockdown like Shanghai. China is trying to contain a wave of infections ...

Chinese online grocers increase stock to calm panic-buyer in Beijing as the city organizes mass Covid tests

Major Chinese online grocery platforms are increasing their product supplies in Beijing as residents rush to stock up on food and daily supplies after the capital city announced a surge of local Covid cases.  Beijing health authority said on ...

Stocks sink in Hong Kong, mainland China as Covid spreads to Beijing with district lockdown adding to cracks in economy

Stocks in Hong Kong and mainland China slumped as Covid-19 outbreak spread to Beijing with some areas in the capital coming under lockdown as the economic cost of zero-tolerance policy mounts. The Hang Seng Index sank 2.6 per cent ...

Numbers game: Beijing closer to a deal on audits of Chinese companies listed on US exchanges

As Washington and Beijing clash on fronts ranging from defence and human rights to trade and diplomacy, they might be making headway in one area: accounting. Over the past several weeks, Beijing has signalled a willingness to compromise in ...

The Beijing Olympics Was the Coming Out Party for China’s Digital Yuan. What Comes Next?

China first considered a CBDC in 2014, ramping up research in 2019. Now it's live and in wide use, and could lead other countries to follow.

China Covid death toll rises as Beijing warns of 'grim' situation

Shanghai reported 39 Covid deaths Sunday, official data showed, its highest daily toll since a weeks-long lockdown started, while China’s capital Beijing warned of a “grim” situation with rising infections. The world’s second-largest economy has been struggling to stamp ...

Beijing tells US not to use Ukraine to 'smear' or pressure China

Beijing’s defense minister told his US counterpart Wednesday not to “use the Ukraine issue to smear, frame, threaten or pressure China”, following criticism of its perceived backing of Russia’s invasion. Minister of Defense Wei Fenghe’s comments came days after ...

Chinese ride-hailing giant Didi Chuxing loses ground at home under Beijing’s wrath, as rivals keep climbing

Chinese ride-hailing giant Didi Chuxing has been slowly losing its market dominance since last summer, when Beijing forced the removal of dozens of its apps from app stores and banned the company from taking new users, according to data ...

China’s climate goals: Beijing aims to recycle 25 per cent of all textile waste, increase recycled fibre output by 2025

China aims to recycle 25 per cent of all its textile waste and churn out 2 million tonnes of recycled fibre by 2025 as part of its push to peak its carbon emissions by 2030 and become carbon-neutral by ...

Airports, harbours and highways must remain open to protect transport, logistics chain amid coronavirus restrictions, Beijing tells local governments

Beijing has ordered all provincial-level governments to keep airports, harbours and highways open so that transport and logistics links can be maintained amid strict anti-pandemic controls. Local authorities must not erect roadblocks or put healthy truck drivers into quarantine ...

Tesla, Covestro among Shanghai foreign firms lobbying Beijing to allow more trucks between financial capital, provinces

Tesla and Covestro are among foreign multinationals lobbying Beijing to allow more truck drivers to work between Shanghai and other regions of China, after their operations were hit hard by the city’s Covid-19 containment measures. Some major businesses have ...

JD.com founder Richard Liu is the latest Chinese tech billionaire to step back from the CEO role amid Beijing’s ongoing crackdown on sector

E-commerce giant JD.com said its founder Richard Liu Qiangdong has handed over the chief executive role to company president Xu Lei, in the latest example of a Chinese tech billionaire retreating from daily operations amid Beijing’s ongoing crackdown on ...

Bargain hunters lift Beijing’s secondary home market to 7-month high in March, but Shenzhen, Shanghai hit by Covid-19 lockdowns

The secondary housing market in Beijing picked up in March on favourable government policies, but slumped in top-tier cities like Shanghai and Shenzhen because of lockdowns to contain Covid-19 outbreaks. Transactions of lived-in homes in China’s capital rose to ...

Beijing Auto Show Postponed Indefinitely Due To COVID-19 Resurgence In China

The organisers have said that the new dates will be announced later, once the situation is under control Organisers of the Beijing Auto Show 2022 have announced that the motor show, which was earlier scheduled to be held in ...

China’s city governments test Beijing’s cautious policymakers by overturning rules to revive floundering housing market

China’s local government authorities are slowly ripping up old restrictive rules to revive a floundering property market, testing the resolve of policymakers in Beijing who have been reluctant to reverse its market-tightening policy. Fuzhou, the capital of southern Fujian ...

2022 Beijing auto show postponed due to Covid-19

Organizers of the Beijing auto show, officially Auto China, announced on Sunday that this year’s show, which was scheduled for April 21-30, has been postponed indefinitely. Via a WeChat post, the organizers cited the rising number of Covid-19 cases ...

Deja Vu as Beijing Auto Show postponed amidst Covid-19 resurgence

The Beijing Auto Show has been indefinitely postponed amidst concerns over a coronavirus outbreak. China has been struggling to keep the coronavirus pandemic at bay once again which has prompted event organisers to indefinitely postpone pending shows in the ...

Beijing Auto Show Postponed Indefinitely Due To COVID-19 Resurgence

The show was supposed to kick off on April 21.

2022 Beijing Motor Show postponed due to Covid-19

The Beijing Motor Show has been postponed again thanks to the Covid-19 pandemic, marking the second time in as many attempts where the event has been affected. In February 2020, the Beijing Motor Show (Auto China 2020) was cancelled due ...

Beijing autoshow postponed until further notice

SHANGHAI: Organisers of the Beijing autoshow, which was scheduled to be held in late April, said today that they will postpone the event until further notice due to the Covid-19 resurgence across the country. “We will pay close attention ...

Official: Beijing motor show postponed due to Covid-19

Event postponed due to virus surge in China, with new date yet to be confirmed

Beijing approves Chinese industrial products e-commerce platform ZKH’s US IPO plans

In a Sunday meeting with US-listed Chinese firms, the China Securities Regulatory Commission (CSRC) gave the green light to the US listing plan of ZKH, a Chinese e-commerce platform for industrial products, China Securities Journal reported on Monday. The move ...

China tech crackdown: No more tax-free riches for live-streaming stars as Beijing tightens oversight

China’s newly published live-streaming regulations are set to put an end to live streamers’ dreams of tax-free riches, according to legal analysts. Under new rules jointly issued by the Cyberspace Administration of China, State Administration of Tax, and State ...

Tencent, Alibaba-backed industrial products e-commerce platform operator ZKH gets Beijing’s nod for US IPO

ZKH Industrial Supply (Shanghai) Co, operator of an e-commerce platform for industrial products, has been given the green light by Beijing to proceed with its initial public offering in the United States, according to China’s state media, after mainland ...

Xiaomi To Open Car Plant In Beijing With Annual Output Of 300,000 Vehicles: Report

The company completed the business registration of its EV unit in late August. Chinese smartphone giant Xiaomi Corp will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit, authorities in the capital ...

Baidu, Pony.ai Approved For Robotaxi Services In Beijing

Chinese tech group Baidu Inc and self-driving startup Pony.ai have won approval to launch paid driverless robotaxi services that will see the firms deploy not more than 100 vehicles in an area in China’s capital Beijing. The state-backed Beijing ...

Hyundai, BAIC inject US$942 million into Beijing JV

Hyundai Motor is injecting US$471 million into Beijing Hyundai, its joint venture in China with Beijing Automotive Industry (BAIC), despite weak sales, according to South Korean media reports. BAIC will inject the same amount into Beijing Hyundai as well, bringing ...

Electric Lotus SUV Named “Eletre”, Next-Gen Mercedes E-Class Rendered, And BAIC BJ60 Teaser: Your Morning Brief

Good morning and welcome to our daily digest of automotive news from around the globe, starting with… Ford Patents Hydrogen-Powered Engine That Could Save The V8 According to documents discovered by Muscle Cars and Trucks, Ford has patented a hydrogen engine ...

No, This Ain’t Jeep’s Next New Model, It’s China’s BAIC BJ60 SUV

The BAIC Group has released a handful of teasers of its next off-road-oriented SUV dubbed the BJ60. The Chinese car manufacturer already produces a number of other SUVs, including the BJ40 and BJ80, and as its name suggests, the BJ60 ...

Fosun’s luxury fashion house Lanvin merges with SPAC backed by Beijing’s Primavera Capital as it eyes New York listing

Lanvin Group, controlled by Chinese conglomerate Fosun International, has agreed to merge with a US blank-cheque company backed by private equity firm Primavera Capital, valuing the French luxury fashion house at US$1.5 billion. The merger paves the way for ...

Deus Drops Vayanne Teaser, Beijing Auto Show May Be Postponed, And Virginia Outlaws Truck Trend: Your Morning Brief

Good morning and welcome to our daily digest of automotive news from around the globe, starting with… 2022 Beijing Auto Show Could Be Postponed Due To Covid-19 Outbreak In China Covid looks like it’s about to rear its ugly head ...

Report: Beijing motor show postponed due to Covid-19

Reports in China suggest discussions to reschedule the biannual event are ongoing

Alibaba upsizes share buyback to $25 billion after Beijing signals loosening of tech crackdown

Alibaba is boosting its share buyback program to $25 billion from $15 million in “a sign of confidence about the company’s continued growth in the future”, according to a company statement released on Monday. The Chinese tech giant has so ...

Beijing autoshow postponed due to Covid surge, say sources

The 2020 Auto China in September of that year. — Reuters BEIJING: Organisers of the Beijing autoshow, which was scheduled to be held in late April, have postponed the event due to a recent flare-up of Covid-19 cases in ...

Beijing autoshow postponed due to Covid surge in China, say sources

Visitors gather around the Faraday Future FFZERO1 electric concept car during the Auto China 2016 auto show in Beijing April 25, 2016. — Reuters file pic BEIJING, March 25 — Organisers of the Beijing autoshow, which was scheduled to be ...

2022 Beijing Auto Show Could Be Postponed Due To Covid-19 Outbreak In China

The 2022 Beijing Auto Show scheduled to start on April 21 will likely be postponed due to a spike in Covid-19 cases across the country, according to multiple reports. China is currently experiencing its worst wave of the coronavirus since ...

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