China denied on Tuesday claims by U.S. officials that Russia had sought military assistance in Ukraine and accused Washington of spreading “malicious disinformation” that risked escalating the …
Monthly Archives For March 2022
SE Asia to ride on China demand
A growth target of 5.5 percent for the Chinese economy this year will boost recovery prospects in Southeast Asia, with the region expected to benefit from strong demand and robust consumption in its …
Businesses shut as China widens Covid lockdowns
Several multinational companies have halted operations as China widens its Covid lockdowns – among its biggest since the start of the pandemic.Tens of millions of people across the country face …
US threatens China over Ukraine crisis
US National Security Adviser Sullivan warned Beijing that “there will absolutely be consequences for large-scale sanctions evasion efforts or support to Russia to backfill them.” …
China’s economy had a surprisingly good start to the year, but it may not last
China’s economy started the year on a bright note, with several major indicators beating forecasts. But as Covid cases in the country spike, keeping up the same pace of growth in the coming months may…
China’s fresh COVID curbs hit Toyota, Volkswagen and Apple supplier Foxconn ops
China’s efforts to curb its largest COVID-19 outbreak in two years has forced companies from Apple supplier Foxconn to automakers Toyota and Volkswagen to suspend some operations, raising concerns …
China Covid cases hit two-year high with millions in lockdown as outbreak spreads
Nearly 90% of new infections in northeast province of Jilin, while tens of millions of people across China remain confined to their homes …
Nearly 30 million under lockdown in China as virus surges
Nearly 30 million people were under lockdown across China on Tuesday, as surging virus cases returned mass tests and hazmat suited health officials to city streets on a scale not seen since the start …
Doctors keeping close eye on China due to rise in new Omicron subvariant cases
As COVID cases drop across the U.S., concerns are growing over a spike in infections in China. CBS2’S Christina Fan has more on the response to this latest surge. Just as New Yorkers begin embracing…
China’s Jan-Feb property investment perk up slightly on easing measures
China’s property investment bounced slightly over the first two months of 2022 after a fall in December, official data showed on Tuesday, helped by the easing of property curbs to relieve a liquidity …
China’s property investment up 3.7 pct in Jan-Feb
China’s investment in property development rose 3.7 percent year on year in the first two months of this year, data from the National Bureau of Statistics (NBS) showed Tuesday. During the period, …
Chinese stocks plunge on COVID-19 fears, concerns over Beijing and Moscow’s relationship
Chinese stocks took a dive on Monday as the country combats its worst COVID-19 outbreak in two years and concerns grow over Beijing’s close relationship with Moscow.
Beijing makes case for Tencent breakup
The fine could be “at least hundreds of millions of yuan”, the report added, larger than the typical financial penalties for non-bank payment companies. Tencent’s Hong Kong shares opened down 8% at …