China’s economy grew at a rate of 4.8% in the first quarter, beating expectations, b the country has struggled to contain its worst outbreak of the coronavirus since the beginning of the pandemic.
Monthly Archives For April 2022
China’s Covid-19 Defenses Have a Missing Piece: Vaccinating the Elderly
HONG KONG—In its fervor to fight Covid-19, China has gone all out with a now-familiar protocol of mass testing and lockdowns. It now has to catch up on a missing piece in its defense: Many…
Indian students allowed to return to China after 2 years of Covid-19 pandemic
Indian students forced to leave China following the outbreak of the Covid-19 pandemic two years ago are now allowed to return to the country and finish their studies, the Indian Embassy in China has …
China coronavirus: Covid-19 nucleic test database reunites estranged father and son after 8 years
The father and son had quarrelled over the latter’s online gaming addiction prompting him to leave home They found each other by chance after a Covid-19 nucleic test A migrant worker in central China …
Staying home in Shenzhen: why I will not take a Covid test every other day
One Shenzhen-based reporter describes what it’s like trying to avoid the city’s mass testing policy Residents must show proof of a recent test to undertake a wide range of activities: and not having …
China halts freight train traffic with North Korea
BEIJING (AP) — China says it halted railroad freight traffic with North Korea as it deals with the spread of COVID-19 in the border town of Dandong. The countries had reopened trade between Dandong …
China regulator says 14,684 Teslas recalled for crash risk
BEIJING (AP) — Tesla has recalled 14,684 Model 3s due to a software glitch that could cause collisions, China’s market regulator said Friday, in its second recall in the country this month. The State …
China to end regulatory storm over Big Tech – SCMP
April 29 (Reuters) – China is scheduled to have a symposium with the country’s Big Tech firms, raising hopes that Beijing will stop its sweeping regulatory clampdown on the tech sector, the South …
‘Entry only. No exit’: Beijing closes more venues as authorities ramp up COVID-19 contact tracing
China’s capital Beijing closed more businesses and residential compounds on Friday (Apr 29), with authorities ramping up contact tracing to contain a COVID-19 outbreak, while resentment at the …
China Regulator Publishes Internal Control Rules for Wealth Management Companies
SHANGHAI (Reuters) – China’s banking and insurance regulator on Friday published draft rules regulating internal control and management at wealth management companies. Such rules included that …
China’s Bank of Communications posts 6.3% rise in quarterly profit
SHANGHAI : China’s Bank of Communications Co Ltd (BoCom) on Friday reported a 6.3 per cent rise in first-quarter net profit. Net profit for China’s sixth-largest commercial bank by assets came in at …
Take Five: A central bank bonanza
the Bank of England and the Reserve Bank of Australia holding policy meetings. A read-out on China’s economic health is due as well, while an unprecedented Russian sovereign debt default looms.
China and Russia are working on homegrown alternatives to the SWIFT payment system. Here’s what they would mean for the US dollar.
The system was set up in 2014. In late April, the country’s central bank said it would start keeping the names of participants secret. China’s Cross-Border Interbank Payment System (CIPS) — which …
