China has reported more local symptomatic COVID-19 cases so far this year than it recorded in all of 2021, as the highly transmissible Omicron variant triggers outbreaks from Shanghai to Shenzhen.
Monthly Archives For March 2022
China locks down Shenzhen amid COVID surge, sending supply chain ripples
The Shenzhen lockdown, which came after new virus cases doubled nationwide to almost 3,400, is affecting production at Apple and other hardware makers.
COVID and the China Bottleneck
China COVID strategy is based on something close to zero tolerance. When cases increase, Beijing locks down entire provinces. The latest is a lockdown of Shenzhen. This order affects at least 17.5 …
Green Tea Group Looks for Room at the Listing Table With Hong Kong IPO
Popular restaurant operator Green Tea Group has been approved for a Hong Kong listing The company plans to raise $150 million, which it will spend to open …
China has expressed some openness to providing military and financial aid to Russia, US cable suggests
The US has information suggesting China has expressed some openness to providing Russia with requested military and financial assistance as part of its war on Ukraine, a Western official and a US …
Russia asks China for military help in war with Ukraine, U.S. officials say
Russia has asked China for support in its war against Ukraine, according to two U.S. officials. The request included military aid and equipment, but it’s not clear what specifically Moscow has …
Vaccine maker stocks rise as China battles worst Covid outbreak since 2020
Shares of Moderna, BioNTech, Pfizer, Johnson & Johnson and Novavax rose on Monday as China battles its worst Covid outbreak in two years.
China’s new COVID-19 lockdowns are just the latest threat to the global economy
Lockdowns in China could further drive up container shipping costs, which remain extremely high, and scramble global supply chains that are still trying to sort through pandemic-related delays.
U.S.-China Talks In Rome Put Beijing’s Support For Russia In The Crosshairs
Fresh questions are being raised about how much Beijing will back Russia — amid requests from Moscow for military help for its brutal war in Ukraine — after high-level talks between U.S. and Chinese …
Report: U.S. tells allies China may be open to giving Russia military support
The U.S. has told allies in Europe and Asia that China has signaled a willingness to provide Russia military support in its ongoing unprovoked invasion of Ukraine, the Financial Times reported Monday.
COVID-19: China issues lockdowns amid Omicron outbreak
Yahoo Finance’s Anjalee Khemlani discusses the current outbreak of COVID-19 in China and what it means for the country’s zero-COVID policy.
Customs agents seize unprecedented amount of prohibited meat from China at LA, LB ports
The seizures of prohibited meat products from China continue at levels never seen before at the Los Angeles/Long Beach seaport complex, authorities said Monday.
Customs agents seize large amounts of meat from China at LA-Long Beach port complex
Authorities said they found most of the prohibited animal products mixed in boxes of e-commerce shipments and household goods—in an attempt to smuggle the meats into the country.
