Tens of millions of people are living under lockdown in China, as the country battles its worst Covid-19 outbreak since the early days of the pandemic.
Monthly Archives For March 2022
China registers over 1,000 new daily COVID cases for fourth day
China reported 1,860 new local symptomatic COVID-19 cases on March. 15, posting over a thousand for a fourth consecutive day, with most new infections still concentrated in the northeast, official …
KFC-owner Yum sales plunge as China Covid cases surge
The owner of KFC and Pizza Hut said sales plunged by 20% in the first two weeks of March as a surge of new Covid cases spread across China. Yum China said “the situation has…
Singapore Calls on China to Use Its ‘Enormous Influence’ on Russia to End Ukraine War
“I hope they will assert their influence with Chinese characteristics, which means quietly and discreetly, but effectively,” Minister for Foreign Affairs Vivian Balakrishnan said …
China’s New-Home Prices Fall Again Despite Efforts to Help Developers
Average new-home prices in 70 major cities fell for a sixth consecutive month.
Australia unveils $360 mln in critical minerals funding to offset China dominance
Australia announced almost A$500 million ($360 million) in funding to boost output of critical minerals, aiming to diversify supply for its allies and counter China’s dominance of the global market.
What could China’s zero Covid strategy mean for Australian business?
How will rising case numbers and tens of millions of people under strict lockdown affect local supply chains and Australia’s economy?
How Shanghai’s White Rabbit candy became a globally beloved brand
Since its birth in 1943 China, milky White Rabbit candy has become popular around the globe and inspired ice cream flavors, clothing and an art exhibit.
Asian shares up ahead of Fed meeting as China rebounds
Asian share markets rose on Wednesday on a rebound in battered Chinese stocks and ahead of a closely watched meeting of the U.S. Federal Reserve, while oil prices remained volatile as investors’ …
China’s Jilin Province reports 1,456 new local COVID-19 cases
Aerial photo taken on March 15, 2022 shows the interior view of a temporary hospital for the COVID-19 patients in Changchun, capital of northeast China’s Jilin Province. (Xinhua) CHANGCHUN, March 16 …
Chinese mainland reports 1,860 new local COVID-19 cases
A medical worker deals with a swab sample for nucleic acid testing in Xigang Township of Tengzhou City, east China’s Shandong Province, March 15, 2022. (Photo by Li Zhijun/Xinhua) BEIJING, March 16 …
Beijing Rail Owner Weighs $1.9 Billion Hollysys Bid
The state-owned operator of Beijing’s railway and subway is considering a bid for Hollysys Automation Technologies Ltd. that could value the U.S.-traded Chinese firm at as much as $1.9 billion, people …
China’s 315 Gala puts the spotlight on live-streaming market abuses as US$188 billion industry continues to attract Beijing’s ire
This year’s show focused on fraudulent practices in the country’s US$188.3 billion live-streaming sector, which has attracted Beijing’s scrutiny.
