STORY: China’s two biggest cities tightened COVID-19 curbs on Monday (May 9), raising concerns about its economy. Authorities are wrestling with the worst COVID outbreaks since the pandemic began.
Monthly Archives For May 2022
FABS Act is US attempt to ramp up its chip sector, keep pace with China
The US are said to be preparing to reconcile two massive bills aimed at improving the local chip industry as well as competitiveness against China.
China central bank: will not resort to flood-like stimulus
Southeast Asia will face a “big risk” of social unrest if there are “big surges” in food prices, an ASEAN economist at Bank of America Securities told CNBC. That’s because, … We can probably all…
China Proposes Measures to Boost Consumption in Face of COVID-19
We take a clear-eyed view of a new set of Opinions from the State Council that seek to boost the China consumer market and encourage post-COVID recovery.
US lobby fears ‘exodus’ of foreign staff in China due to COVID-19 measures
SHENZHEN: 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 …
6 weeks and counting: A Singaporean in Shanghai navigates COVID-19 lockdown amid opaque rules, new-found neighbourliness
SHANGHAI: As one of China’s richest and most developed cities, Shanghai has always been a magnet for migrants – both internal and international. I had been drawn to it because it was the global face …
‘We Are Now Moving From Zero Covid’: Taiwan Pivots as Beijing Doubles Down
The authorities are also putting more emphasis on vaccinations instead of quarantines and contact tracing. Image Beijing’s central business district on Thursday after the government recommended people …
Beijing is cheering the election of a China loyalist as Hong Kong’s next leader, heralding the start of a ‘democracy with Hong Kong characteristics’
Beijing’s new security office in Hong Kong hailed Lee’s election as a step forward for Hong Kong to be governed by Chinese patriots.
China zero-Covid: Shanghai intensifies lockdown
Shanghai is further tightening its stringent lockdown measures after China’s top leader Xi Jinping pledged to “unswervingly” double down on the country’s controversial zero-Covid policy, leaving …
Li Keqiang: China’s job situation is ‘complex and grave’
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.Chinese Premier Li Keqiang — …
Crypto Mining Strains Energy Grid and Creates Fresh Demands for Housing in Texas
The influx of crypto mining to rural Texas has precipitated an outsized demand for energy, housing, and other essential services that the Lone Star state is …
“Go Home”: China’s 2 Biggest Cities Tell Residents Amid Covid Outbreaks
China’s two biggest cities tightened COVID-19 curbs on their residents on Monday, raising new frustration and even questions about the legality of its uncompromising battle with the virus.
China’s coal imports increased by 43 percent in April compared to March
China’s finance ministry has reduced import duties on all types of coal to zero from May 1, 2022, to March 31, 2023, in an effort to assure energy security in the face of rising world…
