Shenzhen saw a fresh COVID-19 outbreak last month, but since March 21, the city has fully returned to work and production in an orderly manner.
Monthly Archives For April 2022
Beijing has built 3 cell towers near Hot Springs, say herders
NEW DELHI: China has installed three cellphone towers close to the Indian side near Hot Springs in Ladakh, herders returning from winter pasturelands said indicating Beijing may be looking at building …
Baby bust: Pandemic accelerates fall in China’s birth rate
Before the coronavirus pandemic, China was already the centre of the global baby bust — but the fall in birth rates has accelerated in the two years since the virus first struck. China’s birth rate…
China Q1 accommodation, catering sector shrinks for first time since 2020
China’s accommodation and catering sector contracted in January-March from a year earlier for the first time since 2020, pointing to increasingly flagging consumption weakened by COVID curbs on travel …
China to keep cutting crude steel output in 2022, state planner says
China’s state planner will reduce crude steel output this year after cutting about 30 million tonnes of production in 2021, an official said on Tuesday.
Tech Firm Laiye Closes Series C at $160 Million to Accelerate Global Rollout of Intelligent Automation
Laiye, a leading global intelligent automation company, continues to attract investors as it seeks to accelerate international expansion and grow its team. The company announced the completion of its …
Shanghai lockdown: China takes steps to shore up supply chains by putting Tesla and SMIC on ‘white list’
Under this system, the government will hand-pick businesses from different sectors deemed as strategically important By allowing key producers to function as normally as possible, China is aiming to …
China central bank pledges support for businesses hit by Covid-19
But the focus on boosting credit likely means the chances for broad-based easing are shrinking. . Read more at straitstimes.com.
5:24 Goldman Expects China’s Economy to Grow 4.5% This Year
Hui Shan, chief China economist at Goldman Sachs, discusses the outlook for the world’s second-largest economy and policies. China’s central bank announced a spate of measures to support individuals …
Didi’s Brief U.S. Foray Is Ending. What Happens Next?
The firm pressed ahead with the June 2021 IPO anyway, in a move that Beijing saw as a challenge to its authority. Days after the listing, the government announced a cybersecurity probe into the firm…
Does the fresh COVID-19 spike in China signal a 4th wave?
In a fresh spike, China has registered 3,297 locally transmitted confirmed COVID-19 cases on Monday, as per the National Health Commission. The country’s commercial hub Shanghai alone recorded has …
China stares at a national crisis with spike in coronavirus cases
At least 44 Chinese cities are under either a full or partial lockdown as authorities persist in trying to curb the spread of the highly transmissible Omicron variant …
China’s economy facing ‘serious danger signs,’ this economist warns
There are some ‘serious danger signs’ facing China’ economy, said Mary Lovely, head of the Peterson Institute for International Economics’ China program.
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