Shenzhen, China’s southern financial hub, is gearing up for a rapid, steady economic rebound after getting the COVID-19 outbreak under control. Due to the blow dealt by the pandemic, the city’s …
Monthly Archives For May 2022
Beijing Covid Cases Rise Slightly as Lockdown Rumors Denied
Beijing reported a slight increase in new Covid-19 cases after officials late Wednesday denied the city will be locked down amid growing concern the Chinese capital’s response to a persistent outbreak …
Beijing reports 42 new symptomatic COVID-19 cases for May 12
China’s capital Beijing reported 42 new locally transmitted symptomatic coronavirus cases for May 12, up from 35 a day earlier, official data showed on Friday. The city also reported 8 asymptomatic …
China Shares Expected To Be Rangebound On Friday
The China stock market on Thursday ended the three-day winning streak in which it had advanced almost 60 points or 2 percent. The Shanghai Composite Index now rests just beneath the 3,055-point …
China Rate Cut in Focus as Economy Counts Cost of Covid Zero
China will likely report the weakest monthly economic indicators since the outbreak of the pandemic two years ago, putting pressure on the central bank to boost stimulus to support growth.Most Read …
China calls for deeper ASEAN+3 cooperation
China will join hands with other member states in promoting innovation and exploring new areas of regional financial cooperation, Liu said. Efforts should be made to advance the development of the …
China says it will promote more free trade agreement negotiations
China on Thursday said it will promote more free trade agreement negotiations (FTA), as the country has seen nine new FTAs signed in the past decade. “Since 2012, we have signed nine new free trade…
Oil Extends Gains as Investors Weigh Russian Ban, China Outlook
Oil advanced for a third day, bookending another tumultuous week of trading as investors weigh the prospect of a European Union ban on Russian crude imports and uncertainty over China’s virus …
Meet the Brains Behind China Beauty Brand Incubator GENLAB
With a career footprint in marketing and beauty, in 2021 she founded brand incubator GENLAB, through which she invests in and incubates emerging beauty and consumer brands. We sat down with her to …
Beijing calls for new series of testing
ZOU HONG/CHINA DAILY Residents asked to work from home to help halt spread of latest outbreak The Beijing municipal government has encouraged all residents to work from home on Friday and to stay at …
Oil settles mixed amid tight supply, Beijing lockdown fears
Brent crude fell 6 cents to settle at $107.45 a barrel. WTI crude rose 42 cents, or 0.4 percent, to settle at $106.13.
China reports 2,532 new COVID cases on May 12 vs 1,917 a day earlier
Mainland China reported 2,532 new coronavirus cases on May 12, of which 331 were symptomatic and 2,201 were asymptomatic, the National Health Commission said on Friday. As of May 12, mainland China …
UPDATE 1-With China in focus, Biden makes $150 million commitment to ASEAN leaders
U.S. President Joe Biden opened a gathering of Southeast Asian leaders with a promise to spend $150 million on their infrastructure, security, pandemic preparedness and other efforts aimed at …
