Of the new local cases, 2,472 infections were reported in Shanghai while the rest of the cases were reported in 17 other provincial-level regions …
Monthly Archives For April 2022
Coronavirus live news Covid19 new guidelines latest updates on fourth wave omicron Covid tally in India Shanghai China Delhi Mumbai
After months of steady decline in the number of daily infections, the sudden surge of Covid-19 cases has led to serious concerns, not just on a national level, but globally as well. We have seen…
Beijing Covid spike prompts mass testing, panic buying
Fears of a hard Covid lockdown sparked panic buying in Beijing as long queues formed on Monday in a large central district for mass testing.
Challenges, opportunities galore for China’s export firms
China’s foreign trade grew well in the first quarter－up 10.7 percent year-on-year to 9.42 trillion yuan ($1.48 trillion)－but factors like weakening overseas demand don’t bode well. In fact, they …
China’s Restructuring Firms Staff Up for Record Wave of Defaults
China’s property crisis has triggered an unprecedented wave of defaults in the world’s second-largest debt market. That means for some companies hired to clean up the fallout, business couldn’t be …
Renewed Consolidation Anticipated For China Stock Market
The China stock market on Friday halted the five-day losing streak in which it had tumbled almost 150 points or 4.8 percent. The Shanghai Composite Index now rests just above the 3,085-point plateau …
Oil Extends Losses as China Lockdowns Imperil Demand Outlook
Oil pushed lower at the start of the week on concerns that a spreading Covid-19 outbreak in China will weigh on global demand.Most Read from BloombergUkraine Latest: Zelenskiy Says Top U.S. Officials …
The Commodities Feed: China demand concerns weigh on oil
Oil has been unable to escape the broader risk-off move across markets. Equities and commodities took a hit on Friday. ICE Brent settled more than 1.5% lower on the day and this weakness has continued…
Beijing reports 21 new COVID-19 infections
Beijing reported 21 new COVID-19 infections, including 16 confirmed cases and five asymptomatic cases between 4 p.m. Saturday and 4 p.m. Sunday, bringing the total number of infections to 41 since …
China Covid-19 tsar pushed treatments without revealing business ties
One of China’s top government health officials has repeatedly promoted Covid-19 remedies included in Beijing’s official treatment protocol for the disease without disclosing h …
Apple supplier Foxconn suspends production at two China factories, SCMP reports
Apple Inc’s prime supplier Foxconn Technology Group halted operations at two of its factories in eastern China’s Kunshan after new COVID-19 cases were reported on site, the South China Morning Post …
China makes headway in IP industry
China’s intellectual property industry has developed rapidly over the past five years. Shen Changyu, head of the National Intellectual Property Administration, told a news conference on Sunday that …
It’s all gone bad for China’s future champions as lockdowns sink ChiNext deeper into bear market
The ChiNext gauge has slumped 31 per cent this year, erasing US$442 billion of market value from its 100 constituents China’s zero-Covid policy in tackling outbreaks has pushed two thirds of provinces …
