20211206 China News
Source: | Author:eacham | Published time: 2021-12-06 | 988 Views | Share:

01

A crucial step has been taken in addressing the recent default of property developer China Evergrande Group after Guangdong provincial government held a regulatory talk with its chairman and agreed to send a working group to the company.


02

Bridge Data Centres, a subsidiary of Chinese hyperscale data center solutions provider Chindata Group, announced the construction of a hyperscale data center campus in Malaysia in an effort to further tap into the Southeast Asian market.


03

Chinese smartphone maker Honor Device Co Ltd is ratcheting up efforts to expand its offline retail presence after a strong rebound helped it to become the third-largest domestic smartphone brand in the third quarter.

 

04

The Chinese mainland on Saturday reported 42 new locally transmitted COVID-19 cases, the National Health Commission said in its daily report on Sunday. Of the new local cases, 30 were reported in Inner Mongolia, 10 in Heilongjiang, and two in Yunnan.


05

A multilateral approach is key to solving the severe global crisis brought by the COVID-19 pandemic, said Jin Liqun, president of the Asian Infrastructure Investment Bank, who added that cooperation between nations must be strengthened.


06

The Joint Statement Initiative on Services Domestic Regulation announced at the World Trade Organization on Thursday its first negotiated agreement on services. China's Ministry of Commerce said in an online statement on Friday night that the organization should continue to uphold principles of openness, tolerance, and non-discrimination to attract more members and make the negotiation results become "multilateralized" early.


07

While China's services sector appears to have been dampened a bit by the resurgence of COVID-19 in some parts of the country, overall business confidence remains strong as more policies will be introduced to facilitate the development of small and medium-sized enterprises, according to the latest economic data released by Caixin media group on Friday.





Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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