BEIJING (AP) — Restaurants in Beijing have been ordered to close dine-in services over the May holidays as the Chinese capital grapples with a COVID-19 outbreak. Authorities said at a news conference …
Monthly Archives For April 2022
Beijing reports 67 new infections, eight asymptomatic
China’s capital Beijing reported 67 new COVID-19 infections in the 24 hours up to 3 p.m. Beijing Time on Saturday, local authorities said at a press conference on Saturday afternoon. In order to curb …
China Insight: How Can Fashion Enterprises in China Consolidate Their Moat Three Years Into the Pandemic?
Later, Shenzhen, a city near Hong Kong, developed into the fourth-largest in China and the fifth-largest financial center in the world as the first special economic zone. In the “Global Fashion City …
China manufacturing weakens further as lockdowns continue
BEIJING (AP) — China’s manufacturing activity fell to a six-month low in April as lockdowns continued in Shanghai and other manufacturing hubs in an attempt to stem COVID-19 outbreaks, according to a …
Bitcoin retreats toward $38K after Friday sparks losses for ‘nearly everything’ outside China
Yield curve control is also being watched as a major watershed moment not just for crypto but for the economies ruled by governments who instigate it. “YCC is the end game,” ex-BitMEX CEO Arthur …
Bank of China posts rise of 7% in Q1 profit
SHANGHAI/HONG KONG : Bank of China Ltd (BoC), the country’s fourth largest bank by assets, posted on Saturday a rise of 7 per cent in first-quarter net profit as the economy recovers from the …
Xi’s article on building China’s strength in science, technology to be published
BEIJING, April 30 (Xinhua) — An article by Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on accelerating the construction of a nation with strong science and …
Russia expects trade with China to reach $200 bln by 2024 -Ifax
April 30 (Reuters) – Russia’s foreign ministry on Saturday said it expected commodity flows with China to grow and trade with Beijing … Reuters provides business, financial, national and …
China’s Xi vows stronger antimonopoly efforts, healthy capital market
Xi was quoted as saying China would crack down on corrupt behaviour related to … reaching billions of people worldwide every day. Reuters provides business, financial, national and international …
Will Philipp Plein’s Crypto Store Shake Up Luxury Retail?
Moreover, crypto payments are slower than cash or credit cards … This could be especially useful in China, where cryptocurrencies are banned but NFT interest abounds. From hosting a blockchain-based …
Apple faces up to $8 billion revenue hit due to Covid-19 lockdowns in China
The ongoing Covid-19 lockdowns in China are set to make a huge dent in Apple revenue for the April-June quarter as the company has indicated up to $8 billion loss in sales especially owing to…
China to enhance internal stability, confront external instability
It is apparent that China’s achievements in virus-fighting policies and measures, and more importantly the adaptive people-centered economic policy adjustments, have made and will continue to make it …
China’s COVID-19 Lockdowns Adding To Global Supply Chain Woes
Igor Kutyaev/iStock via Getty Images Strict COVID-19 lockdowns in China have been a headwind for … TD Wealth is an integral part of the TD Bank Group, which has approximately 24 million …