Aidan Yao of AXA Investment Managers says Beijing’s zero-Covid strategy is unsustainable, but moving toward fully living with Covid is also unattainable.
Monthly Archives For May 2022
China’s unvaccinated elderly prevent an end to covid lockdowns
On a sweltering afternoon in this southern Chinese city, a young woman sat at a stand of giveaways aimed at convincing some of the city’s remaining unvaccinated residents to get their shots. “You …
China civil sector to dump foreign PCs in favour of homegrown alternatives
The decision advances China’s decade-long campaign to replace imported technology with local alternatives, a sweeping effort to reduce its dependence on geopolitical rivals such as the US for …
Asian Games 2022 in China postponed amid rising COVID-19 cases
Asian Games which was to be held in Hangzhou in September have been postponed indefinitely, organisers said on Friday. The 19th edition of the Games were scheduled to tak …
As Beijing outbreak persists, China hits back at ‘zero COVID’ doubters
Residents of Beijing fretted over anti-virus restrictions curbing their movement while also worrying about the dozens of new COVID-19 cases reported daily, as China’s leaders threatened action against …
As the Philippine election draws near, China-friendly Marcos still retains a wide lead
With just days to go before the Philippine elections, Ferdinand Marcos Jr. continues to retain a big lead over his closest rival — the country’s current Vice President Leni Robredo.
Xi Jinping’s renewed commitment to zero-Covid rattles markets in China
Xi Jinping has reaffirmed his commitment to China’s controversial zero-Covid strategy, warning against “any slackening” in the effort and vowing to crack down on criticism of the policy despite signs …
Former deputy head of China Development Bank being prosecuted for taking bribes, issuing illegal loans
Beijing’s procuratorial organs moved to prosecute He Xingxiang, former deputy head of China Development Bank for allegedly taking bribes, issuing loans illegally and concealing offshore deposits, …
China round-up: April PMIs hit by lockdowns
China posted a set of weak Purchasing Managers’ Index (PMI) data for April against the backdrop of the latest Covid-19 outbreak in the Mainland. The official manufacturing PMI stayed in the …
China’s government agencies and state run firms given ultimatum to replace foreign PCs within two years
The change comes as part of China’s decade long plan to replace imported technology with homegrown alternatives …
How brands in China are grappling with social media misinformation issues
Yet even if Weibo banned the KOL, social media sites do not have the power or responsibility to help prevent a brand crisis. When Campaign contacted Twitter in China for comment on misformation and …
Shanghai says China’s worst COVID-19 outbreak under ‘effective control’
SHANGHAI: Shanghai said on Friday (May 6) it has brought China’s worst outbreak of COVID-19 under effective control following a month-long lockdown of nearly 25 million people, with authorities vowing …
How China’s Adamant Zero-Covid Policy Is Affecting Its Economy
Mass testing of China’s vast population could bring fresh misery to the economy, experts warned Friday, after Beijing vowed to regain control of the narrative around a Zero-Covid policy that has …
