China reported the highest number of daily Covid-19 cases in more than 10 months, official data showed on Friday, due to a severe outbreak in the northeast that has put more than 28 million people under lockdown. A total of 144 new Covid-19 cases were reported on Jan. 14, the National Health Commission said in a statement, up from 138 cases a day earlier and marking the highest daily increase since 202 cases reported on March 1.Total case numbers remain well below what China saw at the height of the outbreak in early 2020, but concerns about a new country-wide wave are growing with a major national holiday a month away and estimates of 296 million railway passenger trips during the Lunar New Year break.The commission said 135 of the new cases were local infections, 90 of which were in Hebei province surrounding Beijing that has been hit hardest in the latest wave. Another 43 cases were reported in northeastern Heilongjiang province, with Guangxi and Shaanxi provinces each reporting one … [Read more...] about China Covid-19 cases surge to over 10-month high; travel discouraged
New china lunch menu
CPTPP interest proof of China’s further opening-up
Compared with the RCEP, the CPTPP has higher requirements in many aspects, said Wei, adding China has to conform to international rules in many areas such as government procurement, subsidy policies and the operation of State-owned enterprises. It will inevitably require in-depth reform of a number of fields that currently do not conform to international practices. … [Read more...] about CPTPP interest proof of China’s further opening-up
China to greenlight RCEP in six months
Zhang Jianping, director-general of the Beijing-based China Center for Regional Economic Cooperation, said China has once again demonstrated its willingness and determination for the full implementation of the RCEP, through faster-than-expected domestic approval procedures. … [Read more...] about China to greenlight RCEP in six months
Coronavirus | China COVID-19 vaccinations gather momentum as outbreaks spread
“(I) was hesitating whether to take a vaccine shot or not, but with things going down like this, it feels like it’d be better to be vaccinated if I can get one,” said one user on China’s Twitter-like micro-blog platform Weibo, in discussions about regional outbreaks since January. … [Read more...] about Coronavirus | China COVID-19 vaccinations gather momentum as outbreaks spread
BlackRock sells $200 mln China Telecom stake after U.S. ban
HONG KONG: BlackRock has sold almost all its stake in China Telecom, a company subject to a new ban on U.S. investment, a stock market filing on Friday showed.The move comes as U.S. investors scramble to exit stocks subject to the sanctions, which ban Americans from owning companies deemed to have links with China's military.The world's biggest asset manager sold 818 million shares in China Telecom, one of 44 sanctioned companies, at an average of HK$1.92 each on Tuesday, a Hong Kong exchange filing showed, 12% below Tuesday's closing price.The filing gave no reason for the HK$1.6 billion ($206 million) sale, which reduced BlackRock's stake in China Telecom from 6.1% to 0.2%, and BlackRock had no immediate comment.BlackRock said on Monday its index funds had adjusted holdings to reflect moves by MSCI Inc, FTSE Russell and S&P Dow Jones Indicies to cut China Telecom and other firms affected by the sanctions from their benchmarks.The Trump administration expanded the investment ban, … [Read more...] about BlackRock sells $200 mln China Telecom stake after U.S. ban