Industrial firms including GE, chipmakers such SK Hynix and automaker Mercedes Benz warned that China’s strict COVID-19 curbs were intensifying supply chain disruptions and raising uncertainty about …
Monthly Archives For April 2022
China’s capital in race to detect COVID cases, avoid Shanghai’s distress
By Eduardo Baptista and Brenda Goh BEIJING/SHANGHAI (Reuters) -Millions of people in Beijing took their second COVID-19 tests of the week on Wednesday as …
E-Land affected by China’s COVID-19 lockdown
Land’s business in China as more stores run by the fashion company are being forced to shut down by Chinese authorities amid the rapid spread of COVID-19 infections there, according to industry …
Coronavirus: China seeks ‘societal zero Covid’ with rounds of testing
Shanghai city authorities will start rounds of coronavirus testing over the next few days to determine which neighbourhoods can safely be allowed a limited amount of freedom of movement, as residents …
China’s Covid Lockdown Outrage Tests Limits of Triumphant Propaganda
Public anger and grief over the bungled lockdown in Shanghai is creating a credibility crisis for the country’s leader, Xi Jinping, and his zero Covid policies.
WRAPUP 2-Beijing in race to detect COVID infections as locked-down Shanghai in distress
Millions in Beijing’s largest district on Wednesday took their second COVID-19 tests this week as the Chinese capital tried to keep an outbreak of dozens from spiralling into a crisis that could force …
LIC IPO News LIVE Updates: Press conference at 12.30 pm; issue likely to open on May 4
PM. India slashed the size of its biggest initial public offering by about 60%, pressing ahead with the sale even as the war in Ukraine continues to weigh on investor demand. Prime Minister Narendra …
China’s industrial profit growth quickens despite COVID-19 resurgence
Workers work at the final assembly workshop of an automobile company in the new energy vehicle town of Jinhua City, east China’s Zhejiang Province, Dec. 17, 2021. (Photo by Hu Xiaofei/Xinhua) BEIJING, …
China iron ore, steel futures rebound as COVID-led concerns ease
Chinese iron ore and steel futures rose on Wednesday after falling for two consecutive days, as concerns stoked by the COVID-19 outbreak eased. BEIJING, April 27 (Reuters) – Chinese iron ore and steel …
Beijing in race to detect COVID infections as locked-down Shanghai in distress
Millions in Beijing’s largest district on Wednesday took their second COVID-19 tests this week as the Chinese capital tried to keep an outbreak of dozens from spiralling into a crisis that could force …
China’s Xi announces another infrastructure push to boost growth as Covid drags on
China has relied on infrastructure to boost growth on the past, and analysts said the approach can be effective near-term, but adds to long-term problems.
Apple supplier Foxconn closes 2 plants in China due to Covid
Foxconn Technology Group has stopped production at two of its factories in the eastern Chinese city of Kunshan further pressuring Apple supply chain …
China’s DJI halts Russia, Ukraine sales to prevent use of its drones in combat
“at-above-post addthis_tool” data-url=” China (Reuters) -Drone giant DJI Technology Co said it will temporarily suspend business in Russia and Ukraine to ensure its products are not used in combat, …
