China has pledged to distribute another RMB 10 billion ($1.5 billion) in subsidies to grain farmers, to help bring down the soaring cost of production as part of the government’s latest atte... Read more
Canada said it will move to ban Huawei and ZTE from providing 5G services in the country, in the latest move by a US ally to target the Chinese equipment telecoms manufacturers, reports the... Read more
China’s aviation industry lost a combined RMB 84.3 billion ($12.5 billion) last year, as the country kept its borders closed to keep out Covid-19, reports Bloomberg. A rebound in domestic tr... Read more
Shanghai authorities have granted approval to 864 of the city’s financial institutions to resume work, three sources with direct knowledge of the matter said on Wednesday, as it gradua... Read more
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022, aiming to keep a key market growing as the broader economy slow... Read more
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