Zhengzhou residents stock up whole pigs out of fear for lockdown

China 05/05/22, 23:52

Zhengzhou has just announced that it would impose new movement curbs for about a week. Schools in the main city district will be closed. People will shift to remote work. As the news broke, many Zhengzhou residents rushed to stock foods, creating chaos in many markets. Photos shared by local netizens showed ...

US adds nearly 90 Chinese firms to provisional delisting list

Economy 05/05/22, 23:34

The U.S securities regulator has added nearly 90 Chinese companies to a non-compliance list. These firms will face a potential Wall Street delisting under a 2020 law. On Wednesday, May 4, the U.S. Securities and Exchange Commission named 88 US-listed Chinese companies to its provisional delisting list under the Holding Foreign ...

Beijing conducts ‘stress test’ of Russia-like sanctions scenario

China 05/05/22, 23:28

On Wednesday, May 4, The Guardian reported that China is holding "stress tests" on a hypothetical situation if it is hit with Western sanctions the same as those used against Russia. A source familiar with the matter told the outlet, “Those involved in this exercise use how Russia was treated as ...

The first China-Russia railway bridge to open after years of delay

Economy 05/05/22, 23:17

Russia officially completed its section of the first China-Russia railway bridge on April 27. The project was previously delayed for years. According to Russian news agency TASS, Moscow is prepared to open the bridge to traffic. In addition, Russia awaited its Chinese partners to announce their section was also ready. The ...

China may attack Taiwan in 2027, says US General

Opinion 05/05/22, 22:52

The U.S. chairman of the Joint Chiefs of Staff, General Mark Milley, at the Senate Appropriations Committee on May 3, said that currently, the U.S. is facing two great powers, China and Russia. Both countries have powerful militaries trying to change the current rules-based order. Milley believes that the possibility of ...

New York Listed Company KE Holdings Inc.: Homecoming

Economy 05/05/22, 22:48

Two weeks after being added to the SEC Delisting watchlist, KE Holdings Inc. has announced the proposed dual primary listing of its Class A ordinary shares by way of introduction on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK). It is seen as a “homecoming” for the ...

China Zero-Covid policy seriously affecting iPhone production in Zhengzhou

Tech 05/05/22, 22:33

Zhengzhou, another megacity in Henan province, China, has announced a total lockdown from May 4 to May 10 as part of the Covid prevention and control measures. Authorities detected 4 new confirmed cases and 10 asymptomatic carriers on May 4, South China Morning Post reported. The Zhengzhou Epidemic Control Center announced ...

Shanghai lockdown: Korean middle-aged man found dead in apartment

News 05/05/22, 22:01

A South Korean national living in Shanghai was found dead in his apartment in Minhang District on May 3. According to news media Chosun Ilbo, the discovery was confirmed the following day by the Shanghai Korean Residents' Association. The man was in his 40s and had been living alone, even throughout ...

Except for his gender, everything about this corrupt official is fake

Economy 05/05/22, 21:37

Beijing's sweeping anti-graft campaign has brought down many corrupt officials. Among them, one case stands out. From a modest background, Lu Enguang rose to become the head of the ministry's political affairs department in 2015. According to the South China Morning Post, he was only a commoner who once sold school ...

China ranks 175th out of 180 countries in terms of world press freedom

Human Rights 05/05/22, 03:25

The French-based non-governmental organization Reporters Without Borders (RSF) on May 3 released its 20th World Press Freedom Index. China ranked 175th among 180 countries. China is 2 places ahead of last year's 177th. However, it is still the sixth from the bottom in this year's ranking. Reporters Without Borders said that China ...

U.S.-China new battleground: China eyes global strategic choke point

US-China 05/05/22, 02:34

The recently signed security agreement between the Solomon Islands and China has alarmed the US and its allies, bringing concerns about China's military facility in the Solomon Islands. US-China tensions over a strategic choke point in the South Pacific Islands are part of a new tug of war between the ...

Swiss scientist with Chinese nationality convicted of GSK trade secret theft

News 05/05/22, 02:27

Gongda Xue is a Chinese national and former scientist at the Friedrich Miescher Institute for Biomedical Research (FMI) in Switzerland. As Reuters reported on May 3, he was convicted of charges conspiring with his sister to steal trade secrets from the drugmaker GlaxoSmithKline (GSK). Both of them want to benefit ...