China has reported 21 new locally transmitted COVID-19 cases in the last 24 hours amid the global threat of the new coronavirus variant Omicron …
Monthly Archives For November 2021
Covid-19: Parts of northern China tighten curbs on new virus flare-ups
China reported 21 new locally transmitted Covid-19 cases with confirmed symptoms on Sunday, official data showed on Monday, marking the highest daily count since mid-November. Almost all of the new …
China’s Nov factory activity likely contracted at a slower pace – Reuters poll
China’s factory activity is likely to have shrunk at a slower pace in November, as supply snags and power cuts eased, a Reuters poll showed, but persistent softness in the manufacturing sector points …
China’s tariffs are squeezing the life out of the Australian wine industry’s most lucrative market
China’s tariffs on Australian wine imports have wiped almost a billion dollars from the trade, and the industry is bracing for more pain heading into the 2022 vintage.
China’s Economy Likely Remained Weak as Factories Slump
China’s manufacturing activity likely remained subdued in November, with weak domestic demand in the economy outweighing any relief that came from an easing in energy shortages. The official …
Warning China faces ‘colossal outbreak’ from US-style reopening
They estimated that China would have more than 637,155 daily COVID-19 cases if it followed the American strategy. The US had an average of 150,098 daily cases towards the end of A …
One Minute China: The flowering world of Beijing’s hutong
In contrast to Beijing’s towering skyscrapers, siheyuan courtyards in the hutong (narrow alleys) neighborhoods are full of plants, flowers and trees, much closer to nature. The most popular plants are …
Beijing 2022 Olympics: Hong Kong set to book short-track speedskating spot thanks to Sui Xin’s World Cup heroics
The 24-year-old clocks a national record at the Dordrect World Cup series event as the Hong Kong Skating Union awaits official International Olympic Committee confirmation in December.
China’s Twitter-like Weibo plans $547 mn Hong Kong listing
US-listed Chinese microblogging platform Weibo is seeking to raise up to $547 million in a share offer in Hong Kong, documents showed Monday, the latest China tech company to list closer to home as …
Parts of northern China tighten curbs on new COVID-19 flare-ups
A resurgence of COVID-19 infections in northern China have forced two small cities to suspend public transport and tighten control over residents’ movement, as the country has showed no willingness to …
Tim Hortons China to open coffee shops in Metro’s China stores
The Chinese arm of Canadian coffee chain Tim Hortons said on Monday it has signed a deal with Metro China to open coffee shops in the retailer’s stores, as it banks on rising coffee consumption…
Renminbi surge shows traders’ faith in hands-off central bank
The PBOC has set the currency’s daily reference rate at only mildly weaker-than-expected levels.. Read more at straitstimes.com.
PBOC Official: Central bank will maintain ample liquidity to support employment
An official from the People’s Bank of China (PBOC) indicated on Monday that the country’s central bank will be keeping the liquidity taps open. “PBOC will enact prudent monetary policy.” “Will …