Danish shipping and logistics giant A.P. Moller-Maersk said demand for transport services will surge in China’s Yangtze River Delta region in the coming weeks, as a growing number of manufacturers in …
Monthly Archives For May 2022
Fears of lockdown swell in Beijing amid new COVID outbreak
Parts of Beijing began mass COVID-19 testing on Monday, prompting concerns of a lockdown and panic buying because of an uptick in cases. Only 70 cases had been detected since Friday in the city of…
China’s international schools hit by exodus of teachers dejected by COVID curbs
After teaching for three years at an international school in Shanghai, Michael is preparing to break his contract and leave, worn down by stringent measures against the coronavirus.
China reports 1,183 new coronavirus cases on May 19 vs 1,082 a day earlier
China reported 1,183 new coronavirus cases on May 19, of which 193 were symptomatic and 990 were asymptomatic, the National Health Commission said on Friday. There were no new deaths, leaving the …
South Korea looks to break China import dependence and establish ‘supply chain alliances’
South Korea under president Yoon Suk-yeol is seeking to diversify trade away from China and boost ties with other economies in the Indo-Pacific But South Korea’s dependence on Chinese imports, …
CX Daily: China Eases Covid-19 Test Rules for Air Travelers From More Countries
Covid-19 / China eases Covid-19 test rules for air travelers from more countries. A growing number of Chinese embassies around the world relaxed Covid-19 test requirements for loc …
White House says Biden, China’s Xi may talk in coming weeks
U.S. President Joe Biden may talk with his Chinese counterpart Xi Jinping in the coming weeks, national security adviser Jake Sullivan said aboard Air Force One on Thursday.
Oil steady as economic worries offset possible China demand rise
Oil prices were little changed on Friday as worries about weaker economic growth offset expectations that crude demand could rebound in China as Shanghai lifts some coronavirus lockdowns.
China’s Stimulus Tops $5 Trillion as Covid Zero Batters Economy
China’s plans to bolster growth as Covid outbreaks and lockdowns crush activity will see a whopping $5.3 trillion pumped into its economy this year.Most Read from BloombergTarget and Walmart’s Deep Pa …
Exports beat market forecast
Malaysia’s exports growth in April beat market predictions, with exports recording a double-digit gain for the ninth straight month. The Statistics Department announced yesterday that exports surged …
Asia-Pacific markets poised for lower open; China to announce its benchmark lending rate
Shares in the Asia Pacific markets are set to fall on Friday as investors watch for the release of China’s benchmark lending rate.
Biden Begins Trip to Asia Meant to Reassure Allies of Focus on China
With the administration’s attention having shifted to Ukraine, President Biden plans to emphasize that the United States can counter aggression in both Europe and Asia.
Cisco stock logs worst day in more than a decade as China shutdown blamed for poor outlook
Cisco shares log their worst day in more than a decade Thursday, as analysts voice concerns about China’s COVID shutdown compounding supply-chain problems.
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