China signalled an easing of its crackdown on the once-freewheeling … about the current regulatory environment and encourage them to continue to develop their business, one source told Reuters.
Monthly Archives For April 2022
China: Shanghai eases COVID-19 restrictions as cases decline
Shanghai is facing its biggest-ever COVID-19 outbreak. Chinese authorities on Friday said nearly half the population of Shanghai is now in lower-risk areas, meaning as many as 12.38M residents can now …
Weijian Shan: Beijing’s private equity champion who slammed ‘man-made crisis’
We’ll send you a myFT Daily Digest email rounding up the latest Weijian Shan news every morning. It is highly unusual for a prominent Chinese businessman to criticise Beijing’s policies. And it is all …
China may be getting ready to wind down its crackdown on big tech
The Communist Party meeting comes as strict Covid restrictions in China have battered its stock markets and currency, and investors are growing increasingly pessimistic about the impact of …
Odds Shift for Global Banks’ Asia Wealth Bets in China’s Slower-Growth Reality
“The era during which China’s internet industry kept pumping high net worth clients has come to its end.” UBS said in a report in February that the revenue pool for private banking service …
China’s efforts to address domestic problems can lead to global challenges
China exports and imports a vast amount of goods. When it decides to make changes to those exports and imports, it can affect the health of industries and entire economies. “Marketplace Morning Report …
Arm finally ousts China CEO to clear way for IPO
After SoftBank pulled the plug on the sale of Arm to Nvidia in February, Softbank CEO Masayoshi Son expressed the intent to take the company through an IPO. By regaining control of the company, Arm…
China trying to ‘run faster than the virus’, more mass Covid-19 tests and lockdowns expected: NHC
Omicron has caused other countries to pivot and adopt a strategy of living with Covid-19 but China is trying to “run faster than the virus”, said Dr Liang Wannian, the head of the National Health…
Terrifying footage captures China’s Covid quarantine camps stretching for miles
More than 25 million residents have been locked inside their homes for a month during China’s latest rise in cases. Fences have been erected around housing blocks and camps set up to accommodate the …
As Beijing grapples with COVID-19 outbreak, will Shanghai’s lockdown be a lesson?
Buildings and communities sealed off. Mass testing of residents. A rush to stock up on food, just in case. Beijing, China’s sprawling capital, is starting to resemble other Chinese cities grappling …
Under Lockdown in China
Weeks of confinement in Shanghai have fueled anger and anxiety about the cost of a “zero-Covid” strategy. At the height of China’s worst Covid outbreak, the authorities in Shanghai took over gleaming …
Traders deploy costlier smaller tankers to move displaced Russian oil to China
A very large crude carrier (VLCC), capable of taking 2 million barrels, was the norm for shipping Urals oil to China before Russia’s invasion of Ukraine. The demand for smaller tankers highlights the …
Inside China: Local designers talk delays, uncertainty and slumping orders
To receive the Vogue Business China Edit, sign up here. The resurgence of Covid-19 since March in Shanghai has thrown China’s fashion industry into disarray. Shanghai Fashion Week was postponed, with …
