NEW YORK — Oil prices sank about 6 per cent on Monday (May 9) alongside equities, as continued coronavirus lockdowns in China, the top oil importer, fed worries about the demand outlook. Brent crude …
Monthly Archives For May 2022
The way China’s ‘innovation machine’ is changing will affect the rest of the world
The shocks of COVID-19 and its strained relationship with the West could lead to a decoupling of China’s innovation system from the world.
Qisda optimistic about 2022 despite lingering impacts from China lockdowns
Taiwan-based EMS provider Qisda remains optimistic about growth in 2022 even though China’s lockdown impacts are expected to persist through the second half of 2022.
COVID-19: Beijing closes down businesses as millions told to work from home – but government in China avoids calling it a lockdown
People in Beijing are calling this period “dynamic food storage”, a play on the official policy “dynamic COVID zero”, because people keep having to replace the fresh food they’ve bought in case of …
China reports 3,475 new COVID cases on May 9 vs 4,333 a day earlier
Mainland China reported 3,475 new coronavirus cases on May 9, of which 357 were symptomatic and 3,118 were asymptomatic, the National Health Commission said on Tuseday.
Renault to sell Korea unit stake to China’s Geely in turnaround push
Renault will sell just over a third of its Korea unit to China’s Geely Automobile Holdings for 264 billion won ($207 million) as the French automaker looks to shore up sales in its home market…
China Focus: Modern technology aids China’s epidemic fight
At an isolation hotel in Hefei, capital city of east China’s Anhui Province, two small unmanned disinfection devices are using the elevator to make their way through a building. As they disinfect each …
China keeping border row alive: Army Chief
The newly-appointed Chief of Army Staff General Manoj Pande on Monday said the basic issue with China remained the resolution of the boundary issue, but its intent “has been to keep it alive”.
China announces new restrictions on youth livestreaming and tipping
China is one of the largest gaming markets in the world and home to major games companies such as Tencent, but its regulators have also labelled online games “spiritual opium” and imposed tough …
Leaders to Meet as US Trails China in Economic Support for Southeast Asia
The Asian region of 680 million people has strong trade and investment ties to Beijing and wants Washington to match that, experts say …
Business Highlights: Wall Street’s losses, China trade
Stocks deepened their losses on Wall Street Monday, sending the S&P 500 to its lowest close in more than a year. The benchmark index is coming off its fifth weekly loss in a row as…
Beijing reports 61 new symptomatic coronavirus cases for May 9
China’s capital Beijing reported 61 new symptomatic coronavirus cases for May 9, up from 33 a day earlier, state broadcaster CCTV said on Tuesday, citing official data.
China’s Climate-Focused Funds Surpass U.S. With $47 Billion in Assets
Chinese funds with a climate focus more than doubled their assets last year, passing the U.S. as the second-largest global market and bolstering Beijing’s push to meet its net-zero targets.Most Read …
