Shipment delays for China to Europe routes soar as Omicron disruption anticipated to continue January 18, 2022 Shipment delays on China to Europe routes skyrocketed last year, with concerns that supply chain challenges could continue well into 2022. Data from supply chain visibility platform project44 found that delays on these key routes increased to 1.65 days in 2021, up 172 per cent compared to 2020. What’s more, the average 2021 shipment delays [...]
Winter Olympics: No general sale tickets for Beijing, say organisers January 17, 2022 The organisers of next month’s Winter Olympics in Beijing have withheld plans to sell tickets to the general public. While organisers had previously said there would be domestic access for fans, tickers are now set to be reserved for invited “groups of spectators” only. Beijing will become the first city to host both the Summer [...]
There are more Chinese agents like undercover spy Christine Lee as Communist party targets British MPs, Priti Patel warns January 14, 2022 There will be more Chinese spies that engage in “political interference activities” on behalf of the ruling communist party, Priti Patel has warned. The Home Secretary said the UK had “other adversaries” who would “look to interfere or come into our country in some shape and way” after it was revealed a senior Labour MP [...]
Tower Hamlets mulls name changes for roads around new Chinese Embassy: Tiananmen Square, Uyghur Court, Hong Kong Road and Tibet Hill January 10, 2022 In response to China’s application to build a new embassy in London, Tower Hamlets Council has voted to consider naming nearby roads and buildings Tiananmen Square, Uyghur Court, Hong Kong Road and Tibet Hill, it has been reported. In a move that is likely to infuriate the Chinese government, local councillors in the London borough [...]
MI6 chief thanks China for ‘free publicity’ after leaked ‘James Pond’ spoof mocks western intelligence January 6, 2022 The head of MI6 makes an unprecedented response to China’s state news agency after it released a James Bond spoof mocking western intelligence.
From price inflation and Brexit rows to Evergrande and Biden v Putin: Here are the market risks to watch this year January 4, 2022 The world is a pretty turbulent and unpredictable place at the moment, with Covid variants not making life easier. From tensions between Russia and the US over Ukraine’s NATO membership to Brexit conflicts and China’s Evergrande property scandal, 2022 is set to become everything but dull. So what developments and issues could disrupt or disturb [...]
Chinese AI firm SenseTime heads for £580m listing despite US investor ban December 20, 2021 Chinese artificial intelligence start-up SenseTime Group announced today that it has relaunched its $767m (£580m) Hong Kong share sale after its listing was pulled last week following an American ban on investment.
China’s Evergrande: not so grand financial statements? December 15, 2021 | City Talk Evergrande Group is the latest listed company to unexpectedly find itself on the verge of bankruptcy. When businesses are thrust into public view for the wrong reasons, my first thought is always whether trouble could have been coming. To see if the Chinese property development giant’s travails could have been anticipated, I looked at its [...]
Early orders and Singles Day boost: Both Chinese exports and imports pick up steam December 7, 2021 European equity markets got off to a solid start to the new week yesterday as investors looked past the negativity of last week and chose to focus on the expectation that the Omicron variant, while more transmissible, may well not be as virulent as the Delta variant that is wreaking havoc across Europe. “Indications so [...]
Peng Shuai: WTA suspend tournaments in China over tennis star December 1, 2021 The Women’s Tennis Association (WTA) have this evening suspended all WTA tournaments in China and Hong Kong over Peng Shuai’s sexual assault allegations and the events which subsequently followed. In a statement, WTA chief executive Steve Simon said: “With the full support of the WTA Board of Directors, I am announcing the immediate suspension of [...]