China doubles-down on zero-Covid policy November 5, 2022 China is set to continue with its current approach to tackling Covid-19, Chinese government officials said on Saturday. China will persevere with its “dynamic-clearing” approach to tackling Covid, officials from the China National Health Commission told a news conference today. The statements follow claims made by a former Chinese disease control official, at a conference [...]
Canada Goose and Estee Lauder gloomy forecasts amid Covid curbs in China November 2, 2022 Coat maker Canada Goose and make-up seller Estee Lauder both issued stark sales warnings yesterday due to Covid curbs in China. It comes as Chinese authorities have set out a seven-day lockdown in Zhengzhou, impacting the world’s largest iPhone factory. Canada Goose said yesterday that it was slashing its full-year revenue forecast due to pandemic-linked [...]
China boosts Russian oil supplies despite Zero Covid slowdown October 24, 2022 China's has ramped up its oil imports from Russia 22 per cent year-on-year, despite a drop in consumption due to its lockdown measures.
Chair of defence committee says RAF vets who train Chinese pilots should ‘lose British citizenship’ October 18, 2022 The Tory chair of the Commons defence committee has called for RAF veterans to lose their citizenship if they train Chinese pilots. Tobias Ellwood made the comments on social media this morning just days after it was reported up to 30 former pilots have been lured to Beijing with large payments. Following reports, the UK [...]
China in grip of debunked coup rumours as Xi Jinping house arrest reports grow with all eyes on General Li Qiaoming September 27, 2022 Social media across China and the rest of Asia continues to be in overdrive today as persistent rumours that president Xi Jinping has been removed in a coup refuse to die down. Local and regional media speculate China’s long-standing leader was removed when he was away in Samarkand while attending the recent SCO summit, on [...]
Willie Walsh: China’s Covid policy cost Hong Kong aviation hub status September 21, 2022 China’s zero-Covid policy has cost Hong Kong its status as an aviation hub, according to veteran Willie Walsh. A former chief executive of BA’s owner IAG, Walsh is now at the helm of airline trade body the International Air Transport Association (IATA). The director general blamed China’s Covid policies for “devastating” the Hong Kong aviation [...]
China blocked from attending Queen Elizabeth II’s lying in state September 16, 2022 A Chinese government delegation has been blocked from attending Queen Elizabeth II’s lying in state. House of Commons speaker Lindsey Hoyle has refused a request for Chinese officials to be allowed access to Westminster Hall, where Queen Elizabeth II will lie in state until her funeral on Monday, Politico first reported. The refusal comes after [...]
EY’s Greater China business opts-out of global split September 11, 2022 EY’s Greater China practice, which covers mainland China, Taiwan, Hong Kong, Macau, and Mongolia, has confirmed it will not be taking part in the Big Four firm’s global split. EY’s China segment said it is “unable to participate” in Big Four accounting firm’s ground-breaking plans to separate the firm’s audit business from its consulting arm. [...]
World heading towards a ‘perfect’ cybercrime storm, cybersecurity experts warn September 6, 2022 THE COMBINATION of mounting geopolitical tensions, the looming economic downturn and the push to digitalise business processes is creating a “perfect storm” for hackers, cybersecurity experts told Morning Wire NCC chief executive Mike Maddison said the digitisation agenda on the back of the global pandemic has created new opportunities for hackers in opening up new [...]
Chinese using state-backed hackers to attack energy projects in South China Sea August 30, 2022 China is using state-backed hackers to launch cyberattacks against energy projects in the South China Sea, according to new research from cybersecurity firm Proofpoint and consulting firm PwC. Hacking group Red Ladon, also known as TA423, is using a simple phishing scam to attack politically significant targets in Europe and the Asia-Pacific region, including defense [...]