communications vice president with the U.S.-China Business Council, a 265-member advocacy group in Washington. Smaller companies are having more trouble because they depend on China’s advanced …
Monthly Archives For April 2022
China’s economic activity contracts as Beijing battles COVID-19 outbreak
Image Credit: Agencies Beijing: China’s economic activity contracted sharply in April as the lockdown of Shanghai and other areas around the country to contain a widespread COVID-19 outbreak …
Australian leader, facing election, decries China’s interference
SYDNEY, April 30 (Reuters) – Australia’s prime minister accused China on Saturday of “form”, or a record, on interference in foreign politics, after his home minister said Beijing’s unveiling of a …
China’s Tech Crackdown Could Give It an Edge
China’s latest five-year economic plan emphasizes “technology self-reliance” with a focus on robotics, semiconductors, and electric vehicles. Xi Jinping articulated the rationale for the …
Beijing tightens Covid restrictions as long holiday begins
Beijing will amp up its Covid-19 restrictions with additional testing requirements, officials announced on Saturday, as the start of the Labour Day holiday was muted by creeping infections in the …
China factory activity contracts in April at steeper pace as lockdowns bite
The official manufacturing Purchasing Managers’ Index (PMI) fell to 47.4 in April from 49.5 in March, in a second straight month of contraction. That was the lowest since February 2020, according to …
LIC IPO: 10 things you must know before subscribing
About the issue: With this IPO, which is through an offer-for-sale … AXA S.A. ($113 bn), Ping An Insurance ($110 bn), Allianz SE ($909 bn), China Life Insurance Company ($88 bn) are the only global…
China reports 1,410 new local Covid-19 cases, 47 deaths in last 24 hours
With 47 deaths, all in Shanghai, reported in the past 24 hours, the COVID-19 death toll in the country mounted to 5,022, Xinhua reported. Meanwhile, to avoid the infamous Shanghai-like lockdown, China …
China’s economy slows rapidly as COVID-19 lockdowns bite
China’s economic activity contracted sharply in April as the lockdown of Shanghai and other areas around the country to contain a widespread COVID-19 outbreak closed factories, snarled roads and …
Shanghai hits key milestone in COVID-19 battle as cases in China fall
Scenes of homes and buildings in China’s most populous city being caged to prevent residents from leaving have grabbed global headlines in recent weeks at a time when most other major cities in the …
China plans reprieve for tech giants, to delay new rules as economy slows
China is preparing to hit pause on its monthslong campaign against technology companies, according to people familiar with the matter, as officials seek to arrest a rapid deterioration in the …
Shanghai hits key milestone in COVID battle as China cases fall
Scenes of homes and buildings in China’s most populous city being caged to prevent residents from leaving have grabbed global headlines in recent weeks at a time when most other major cities in the …
China April factory activity contracts at steeper pace as lockdowns bite
China April official manufacturing PMI at 47.4 vs 49.5 in March April official services PMI at 41.9 vs 48.4 in March Caixin PMI at 46 in April vs 48.1 in March BEIJING, April 30 (Reuters)…