Beijing is continuing a mass testing campaign as part of China’s dynamic zero-COVID strategy. Millions of people across the capital cannot access public areas or take public transportation without …
Monthly Archives For May 2022
China faces ‘complex and grave’ job market, warns Premier Li
One of China’s top leaders has painted a grim picture of the job market in the world’s most populous nation, as widespread Covid lockdowns slam the brakes on the economy.
Beijing Goes Quiet As Zero-Covid Policy Smothers Capital
Millions of people in Beijing stayed home on Monday as China’s capital tries to fend off a Covid-19 outbreak with creeping restrictions on movement. Beijing residents fear they may soon find …
Interview: China’s banking and insurance sectors resilient to risks, uncertainties
China’s banks and insurance institutions, which are fairly resilient to risks, intend to step up support to virus-hit sectors, an official told Xinhua. “The steady operation of the financial sector is …
China’s April new yuan loans seen falling as demand weakens-Reuters Poll
BEIJING (Reuters) – China’s new yuan loans are expected to have dropped in April after a rebound in March as credit demand weakened, a Reuters poll showed, even as the central bank keeps policy …
Deribit and OKX attract significant traffic from China despite a blanket ban: report
A Cointelegraph exclusive report highlighted the rise in the use of virtual private networks among Chinese traders after the blanket ban. Recent data from Similarweb verifies that Chinese traders are …
China’s coronavirus controls are ‘throttling US business confidence’, American lobby groups says
A growing number of American firms are cutting revenue projections for China this year and say attracting foreign talent is becoming difficult, a new survey from a US business lobby shows.
Foreign business urges China to change course on Covid
“We understand China choosing to prioritize health and safety above all else, but the current measures are throttling US business confidence in China,” said Colm Rafferty, chairman for the chamber in …
US Lobby Fears ‘Exodus’ of Foreign Staff in China Due to COVID Measures
American businesses are struggling to persuade overseas staff to join them in China due to the country’s strict COVID-19 control measures and ongoing lockdowns, the American Chamber of Commerce in …
Beijing streets quiet as zero-Covid policy bites
Millions of people in Beijing have stayed at home as China’s capital tries to fend off a Covid-19 outbreak with creeping restrictions on movement.
China Now Preparing To Invade Taiwan | Opinion
China at this moment is particularly vulnerable. Hit by draconian COVID-control measures, GDP has been shrinking. The country’s large property developers—real estate and related industries account for …
Across China: Domestic brands attract young consumers
Over the past few years, China has seen a surge in young consumers interested in domestic brands and products that incorporate traditional Chinese style and culture, a trend known as “guochao.” These …
China premier warns of ‘grave’ jobs situation amid lockdowns
China reported 4,384 new COVID-19 cases for May 7. Shanghai, which has been under some form of lockdown for weeks, recorded 3,975 new infections, down from 4,000-plus daily infections earlier. Beijing …
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