When officials in the southern city of Liuzhou began a routine auction of parcels of land in June, they found few buyers. Only one of the five parcels received an offer; the rest were unsold. As in many cities in China, a recession in the real estate market has meant less demand for the land […]
Tag: China
China to approve more local varieties of GM corn
China plans to approve new varieties of genetically modified corn (GMO) produced by domestic companies in an effort to ensure food safety, the Ministry of Agriculture announced. The move comes after Beijing postponed a review of seed regulations last month to pave the way for approval of transgenic crops, as government leaders call for progress […]
China tightens control over its overseas companies seeking to go public
China it will demand from all its public companies immersed in sectors that are closed to foreign direct investment (such as news and publications on the internet) an explicit authorization from the regulators before they can list their shares outside its continental domain. The National Development and Reform Commission (CNDR) of the Asian giant published […]
WHO warns of increasing omicron hospitalizations as China and EU impose new restrictions
The World Health Organization (WHO) warned that the rapid spread of the omicron variant could increase hospitalizations, despite early studies suggesting it causes milder symptoms and as China and Europe implement new restrictions. “A rapid increase in omicron, such as that seen in several countries – even if combined with a slightly less serious disease […]
Elon Musk accused of “near misses” with China’s space station
China accused the United States of “serious threat“For the safety of his astronauts, after claiming that two satellites of billionaire Elon Musk came close to colliding with the Beijing space station. The Chinese space station Tiangong should have carried out “preventive controls to avoid collisions” during the “close encounters”With the Starlink satellites of SpaceX in […]
Xian resurgence drags China to peak daily cases this year
China marked this Tuesday, with 182 positives, its record of new cases of SARS-CoV-2 coronavirus so far this year despite the zero tolerance policy and harsh prevention measures that the Asian country maintains. This maximum number of infections is due to the outbreak registered in the last two weeks in the central city of Xian, […]
China Steps Up Overseas IPO Supervision in Specific Sectors
Updated on 12/27/2021 10:12 am The Chinese government will require that domestic companies in sectors closed to foreign direct investment, such as Internet news and publications, receive clearance from regulators before they can list their shares outside of mainland China. The National Development and Reform Commission (CNDR) announced the new authorization rules on Monday in […]
Claims against Walmart in China for lack of goods from Xinjiang
Chinese social media platforms erupted on Friday over allegations that Walmart Inc. had stopped selling Xinjiang items in its supermarket chain only to Sam’s Club member customers in China, increasing the risk that the world’s largest retailer will be caught up in escalating tensions between China and U.S over the western province. Screenshot posts showing […]
Xi’an outbreak triggers biggest daily increase in cases in China in 21 months
A regrowth of the coronavirus SARS-CoV-2 in the city china of Xian, whose 13 million people have been under strict confinement since Thursday, has triggered the daily increase of cases in China to its maximum in the last 21 months despite the harsh prevention measures applied by the country. The city of Xian, capital of […]
China reports its highest number of coronavirus cases in four months
Updated on 12/25/2021 12:01 pm China reported 140 new cases of coronavirus on Saturday, the highest number in four months, as authorities struggled to contain the outbreak in several areas, including the city of Xi’an, where millions of people are confined. China, where the new was first detected corovinavirus As of late 2019, it is […]