China: Daily Scan, April 5, 2022

Xi's remarks on boosting China-EU cooperation for world stability: Xinhuanet

April 4, 2022

Chinese President Xi Jinping met via video link with European Council President Charles Michel and European Commission President Ursula von der Leyen. Experts and scholars applauded Xi's remarks on China-European Union (EU) relations and the Ukraine crisis, saying that the meeting has provided strategic guidance for sustained and sound development of the China-EU relationship, while adding stability and positive energy to a turbulent world. Click here to read... [2]

China's shadow-banking assets to continue declining: Xinhuanet

April 4, 2022

China's shadow-banking assets are expected to continue declining in the first half of 2022, according to a report from Fitch Ratings. Systemic risks associated with shadow-financing activity have eased, as shadow-banking assets were cut by 40 percent from 2017 under the country's strengthened regulation, the report stated. Click here to read... [3]

Chinese battery giant continues dominating global EV battery market: Xinhuanet

April 4, 2022

Chinese battery maker Contemporary Amperex Technology Co., Ltd. (CATL) continued to dominate the global electric vehicle (EV) battery market with its market share expanding in early 2022, data from market research firm SNE Research showed. Click here to read... [4]

Over 38,000 medics dispatched to Shanghai to aid COVID-19 fight: Xinhuanet

April 4, 2022

More than 38,000 medics from 15 provincial-level regions nationwide have rushed to Shanghai to aid in the battle against the resurging COVID-19 epidemic in China's financial hub, according to the National Health Commission (NHC). Click here to read... [5]

Shanghai reports more than 13,000 new positive COVID-19 cases Monday, exceeding 10,000 for the first time: Global Times

April 5, 2022

The number of new daily positive COVID-19 cases in Shanghai exceeded 10,000 for the first time on Monday, reaching 13,354. More than 73,000 positive cases are reported during the latest flare-up in the city. Click here to read... [6]

Chinese cities crack down on counterfeit incense money prior to Qingming Festival: Global Times

April 5, 2022

The Shanghai headquarters of the People's Bank of China called on the public to avoid illegal incense paper in the shape of counterfeit renminbi during ancestral worship marking the Qingming Festival which falls on Tuesday, to maintain the solemn image of the official tender. Click here to read... [7]

Online mourning activities grow during Qingming Festival due to pandemic: Global Times

April 5, 2022

As many as 6.95 million online mourning activities are held during the 2022 Qingming Festival, or Tomb-Sweeping Festival, in Chinese mainland, marking a year-on-year rise of 275.7 percent, said China's Ministry of Civil Affairs (MCA). Click here to read... [8]

China embraces digital future with growing computing power: People’s Daily

April 04, 2022

A recent industry report has highlighted China's impressive advances in computing power, ranking the country as one of the best among major economies in the field. The report, jointly released by the Tsinghua University, the International Data Corporation and Chinese IT firm Inspur Information, comprehensively assesses the computing power, efficiency, application and infrastructure of 15 major economies. Click here to read... [9]

China's foreign minister speaks with Ukrainian counterpart: Reuters

April 5, 2022

China's Foreign Minister Wang Yi spoke with his Ukrainian counterpart, Dmytro Kuleba, in a phone call on Monday, with Beijing again calling on talks to end the conflict in Ukraine. The call, which Beijing said was made at Ukraine's request, was the first reported high-level conversation between the countries since March 1, when Kuleba asked Beijing to use its ties with Moscow to stop Russia's invasion, the Ukrainian foreign ministry said at the time. Click here to read... [10]

Shanghai to extend lockdown of 26 million people as it reviews COVID test results: Reuters

April 4, 2022

By David Kirton

Shanghai will remain under lockdown as it reviews results of an exercise to test all of its 26 million residents for COVID-19, authorities said on Monday. The city began its two-stage lockdown on March 28, initially in Shanghai's eastern districts, and later expanded to cover the whole city. Click here to read... [11]

China to test 26m in Shanghai: Reuters

April 5, 2022

China has sent the military and thousands of healthcare workers into Shanghai to help carry out COVID-19 tests for all of its 26 million residents as cases continued to rise yesterday, in one of the nation’s biggest-ever public health responses. Click here to read... [12]

Shanghai to remain under lockdown following mass COVID-19 testing: Kyodo

April 4, 2022

Shanghai will remain under lockdown as it needs to analyze results of mass testing for the coronavirus conducted Monday, local authorities said, amid a rapid acceleration of infections. China has sent about 2,000 military medical staff and thousands of additional health care workers to Shanghai, official media said, as the number of new COVID-19 cases confirmed in the country's most important financial center hit a record high for the third straight day. Click here to read... [13]

Chinese activists Sophia Huang and Wang Jianbing expected to face court: South China Morning Post

April 4, 2022

Two activists in southern China are expected to face trial soon, with police handing their cases over to prosecutors for investigation. Women’s rights campaigner and freelance journalist Sophia Huang Xueqin and labour activist Wang Jianbing have been detained in Guangzhou since September, unable to meet their lawyers or families, according to friends close to the activists. Click here to read... [14]