The Philippines has filed a new diplomatic protest against China after the country imposed an annual fishing ban in the disputed waters of the South China Sea.
Monthly Archives For May 2022
Sea feud with China flares as Marcos prepares for presidency
The Philippine government has announced a new diplomatic protest against China over disputes in the South China Sea …
China to halve purchase tax for small-engine cars
China’s purchase tax for small-engine cars will be halved, the s Ministry of Finance said on Tuesday, in a move to boost auto sales and support an economy damaged by locked downs imposed in major…
China announces detailed stimulus measures to support virus-hit economy
The stimulus package underscores Beijing’s shift toward growth after Covid control measures pounded the economy and threaten Beijing’s 5.5% growth target for the year …
Morning Crypto Briefing: Bitcoin Hits Three-week Highs, Analysts Discuss Improving Macro Backdrop
Cryptocurrencies surged on Monday and are stable on Tuesday amid growing Wall Street chatter about peak inflation/Fed hawkishness.
Shanghai prepares to move toward returning to normal after 2-month COVID-19 lockdown
The city of Shanghai in China is preparing to start easing COVID-19 restrictions on Wednesday after a two-month shutdown left the country’s most prosperous city at a standstill.
China economy: Beijing unveils detailed stimulus plan to offset coronavirus damage
China’s cabinet and various government departments have published details of a new stimulus plan aimed at supporting economic growth, covering trade, tax, infrastructure and financial policies.
Beijing man breaks Covid isolation ‘many times’, forcing entire community to be quarantined
This comes at a time when authorities in China are bracing to reopen the largest city Shanghai after a two month lockdown which has continued to wreak havoc in Beijing and torpedo …
Amid rising China incursions, Taiwanese Air Force pilot dies in 3rd crash this year
A Taiwanese Air Force pilot died Tuesday in a crash of his AT-3 trainer jet, marking the island’s third military plane accident of the year as China continues to apply pressure with frequent aircraft …
‘Hard to believe it’s actually happening’: Shanghai to lift COVID-19 lockdown
SHANGHAI: Shanghai authorities on Tuesday (May 31) began dismantling fences around housing compounds and ripping police tape off public squares and buildings before the lifting of a two-month lockdown …
China slowly lifting some COVID-19 restrictions
In this scenario, thousands of Beijing residents had to observe a strict quarantine because of a man who did not observe the isolation mandate and later tested positive for coronavirus …
Shanghai eases into gradually reopening from its COVID-19 lockdown
Shanghai authorities say they will take some major steps Wednesday toward reopening China’s largest city after a two-month COVID-19 lockdown that has throttled the national economy and largely bottled …
Beijing COVID-19 cases fall for 9th day, risks of resurgence persist during holidays
New COVID-19 cases in Beijing have fallen for nine consecutive days, but risks of a resurgence still exist as one new confirmed case was reported outside controlled areas in Changping district on …