Leading Chinese Chipmaker SMIC hit by US export restrictions

SMIC said in a statement on Sunday night that the US Bureau of Industry and Security (BIS) has informed some of SMIC’s suppliers to further limit exports of US equipment, accessories and materials to the company. Exports will require a permit.  SMIC said in the statement that the company has undertaken “preliminary exchanges” with the … Read more

Chinese company seeks co-financing for COVID 19 vaccine trial in Bangladesh

Responding to an unconfirmed report about the Chinese company asking for co-financing for a vaccine trial, the Health Division Secretary of the government of Bangladesh Abdul Mannan confirmed to the official news agency BSS on Sunday that Sinovac Biotech Ltd has sent a letter to the government seeking co-financing for COVID 19 vaccine trial. He … Read more

Eighteen die in road accident in northeast China’s Jilin Province

A minivan crashed into the rear of a four-wheel tractor and then with a car running in the opposite direction. An investigation into the cause of the accident is underway. The incident on Sunday comes after a scenic spot in Taiyuan, North China’s Shanxi Province, had been ordered to close entirely after a section of … Read more