Two and a half years since the coronavirus first emerged in Wuhan, China is the last major economy still closed off to the world, despite its relatively low death toll. Lockdowns across dozens of …
Monthly Archives For May 2022
Xi warms up China’s economy, but COVID-19 narrows options
BEIJING: President Xi Jinping has offered state backing for tech, infrastructure and jobs to revive China’s economy, but analysts warn growth will continue to wilt until Beijing drops its rigid virus …
China: Beijing Starts New Round Of COVID-19 Testing; Shanghai Postpones Crucial Exams
COVID-19: Beijing has commenced a new round of coronavirus mass testing on Saturday and Shanghai’s Gaokao University admission exam has been postponed.
As Beijing COVID outbreak proves stubborn, mass tests become routine
Millions of Beijing residents queued up for another round of COVID-19 tests on Sunday, in what is becoming a daily routine as the Chinese capital races to contain a small but stubborn outbreak – and…
Xi warms up China’s economy, but virus narrows options
President Xi Jinping has offered state backing for tech, infrastructure and jobs to revive China’s economy, but analysts warn growth will continue to wilt until Beijing drops its rigid virus controls.
China’s Big State Banks to Offer USD240 Billion in New Inclusive Loans to Help Small Firms
China has required large state-owned banks to add CNY1.6 trillion (USD240.4 billion) worth of inclusive loans this year to provide relief to micro, small, and medium-sized companies and self-employed …
Beijing loyalist John Lee elected as Hong Kong’s next leader
A Hong Kong election committee is voting Sunday for the city’s only leadership candidate, John Lee, who is expected to win and become Hong Kong’s next chief executive. The committee, comprised of …
China premier Li Keqiang warns of ‘grave’ jobs situation as Covid-19 lockdowns bite
Mr Li instructed all government departments to prioritise measures aimed at helping businesses retain jobs. . Read more at straitstimes.com.
As Beijing COVID outbreak proves stubborn, mass tests becoming routine
Millions of Beijing residents queued up for another round of COVID-19 tests on Sunday as China’s capital seeks to trace and isolate every infection to contain a small but stubborn outbreak – and avoid …
Hong Kong’s Finance Chief Says Growth Forecast Cut ‘Inevitable’Hong Kong’s Finance Chief Says Growth Forecast Cut ‘Inevitable’
Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. We take a look at China’s international projects and what they mean for the rest of …
LIC IPO: Day 5: Open for subscription on Sunday too; Issue subscribed 1.66 times till now
RBI has recommended all bank branches designated to handle ASBA applications to be kept open to public on Sunday, May 8,2022 and bids will be accepted between 10am to 7pm.
With surge in fresh infections, China logs 319 new local COVID-19 cases
Witnessing a surge in COVID-19 cases China on Saturday reported 319 confirmed local COVID-19 cases of which 215 were in Shanghai the National Health Commissi …
Beijing reports 44 new local symptomatic COVID cases, 8 new asymptomatic cases for May 7
Beijing reported 44 new locally transmitted symptomatic COVID-19 cases for May 7, slightly down from 45 cases a day earlier, the municipal government said on Sunday. China’s capital also recorded …