Archive for March 28th, 2020

China’s imported cases rise as foreigners banned and flights cut

28-Mar-2020 Intellasia | AFP | 6:02 AM

China reported more than 50 imported cases of the coronavirus on Friday, hours after announcing a ban on foreigners entering the country. In recent weeks China’s tally [...] » More

Foreigners face suspicion in China as coronavirus worsens overseas

28-Mar-2020 Intellasia | Reuters | 6:02 AM

Francesca Torlai has always got on well with her neighbours when walking her Pekingese mix-breed, Waffles, through the back streets of Beijing, but recently the Italian has [...] » More

Lessons from China as coronavirus-hit football faces difficult return

28-Mar-2020 Intellasia | AFP | 6:02 AM

With nagging concerns about coronavirus sweeping through teams and players scattered across the world, unable or hesitant to return, China is finding that restarting football [...] » More

Chinese hacker activity surges amid coronavirus outbreak: US cybersecurity firm

28-Mar-2020 Intellasia | TaiwanNews | 6:02 AM

Hacker group believed to have connections with Beijing behind the cyberespionage campaign US cybersecurity firm FireEye issued an alert Wednesday (March 25) over a spike in [...] » More

Morgan Stanley receives approval for majority stake in China venture: sources

28-Mar-2020 Intellasia | Reuters | 6:02 AM

Morgan Stanley has received regulatory approval to take a majority stake in its China securities joint venture, people with knowledge of the matter said, as Beijing opens up [...] » More

Coronavirus: China-US tit-for-tat claims cast shadow over G20 crisis talks

Coronavirus: China-US tit-for-tat claims cast shadow over G20 crisis talks

28-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Chinese and Americans are persisting with finger-pointing over the coronavirus crisis despite a senior Chinese diplomat stressing the need for the two countries to cooperate [...] » More

Mainland developers including Poly Property, China Resources accelerate sales to shore up cash flow to minimise impact of Covid-19

28-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Some of China’s biggest developers are set to accelerate sales and shorten their construction cycles to shore up cash flow in response to the economic fallout from the [...] » More

‘Printing money’: booming mask producers in China meet global demand

28-Mar-2020 Intellasia | AFP | 6:02 AM

As the coronavirus pandemic that originated in a central Chinese city has gone global, thousands of factories in China have nimbly turned to a new and very profitable market [...] » More

China Temporarily Closes Its Borders To Foreign Nationals

China Temporarily Closes Its Borders To Foreign Nationals

28-Mar-2020 Intellasia | NPR | 6:02 AM

Updated at 3:45 p.m. China will close its borders to foreigners starting on Saturday, March 28, in a dramatic step to try to stop the coronavirus coming in from abroad. The [...] » More

Xi tells Trump China and US must ‘unite to fight virus’

Xi tells Trump China and US must ‘unite to fight virus’

28-Mar-2020 Intellasia | AFP | 6:02 AM

China and the United States should “unite to fight” the deadly coronavirus pandemic, President Xi Jinping said in a call with Donald Trump on Friday, as he called [...] » More

‘China’s Palantir’ MiningLamp raises $300 million in funding round co-led by Temasek, Tencent

28-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Beijing-based big data and artificial intelligence (AI) company MiningLamp Technology, which has been called “China’s Palantir” for its similarities to the [...] » More

US increases support for Taiwan in recognition battle with China

28-Mar-2020 Intellasia | Reuters | 6:02 AM

US President Donald Trump has signed into law an act that requires increased US support for Taiwan internationally, prompting a denunciation by China, which said it would [...] » More

China’s factories reopen, only to fire workers as virus shreds global trade

28-Mar-2020 Intellasia | Investing | 6:02 AM

Shi Xiaomin, who used to export suits and blazers by the thousands to South Korea, the Netherlands and the United States, was luckier than many other Chinese factory owners. [...] » More

China is closing in on launching its national digital currency despite the coronavirus pandemic.

28-Mar-2020 Intellasia | Coinnounce | 6:02 AM

China is working on the launch of its national digital currency, and it will be available in the market sooner than expected. Despite the delay, the People’s Bank of [...] » More

Spanish capital ditches ‘unreliable’ Chinese coronavirus test kits

28-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Spain’s capital has stopped using a rapid Covid-19 test kit made by a Chinese company after research suggested it was not accurate enough. Doubts over the kits’ [...] » More