O N MAY 3RD investors in Chinese stocks woke up to the news that Jack Ma, the co-founder of e-commerce giant Alibaba, had been arrested on national-security charges. Or so many of …
Monthly Archives For May 2022
China’s second-biggest gaming company is opening a U.S. studio led by an MMO veteran
China’s #2 games company NetEase is opening a new studio in … franchise head Toshihiro Nagoshi announced he would be departing the company to create a brand new studio under NetEase. Nagoshi Studio …
China to fight comments, actions denying its COVID response policy -state media
China will fight any comments and actions that distort, doubt or deny the country’s COVID-19 response policy, state television reported on Thursday, after a meeting of the country’s highest …
Today’s coronavirus news: Fauci criticizes China’s approach to COVID
Meanwhile, cases are continuing to increase in California, prompting one health official to warn that the state is heading into the next wave of the pandemic.
China Lockdowns Could Evolve As A ‘Demand Problem’ For Apple, Says Analyst
A renowned Apple Inc. (NASDAQ: AAPL) analyst on Wednesday suggested that the China COVID-19 lockdown situation could evolve more as a demand problem for the iPhone maker than as a production issue.
Apple iPhone 14 production may see delays as Foxconn stops hiring due to China lockdown
While the Apple iPhone 14 series is still months away from launch, the company’s next gen iPhone lineup might already be seeing issues in its production after one of the brand’s major suppliers halts …
China travel, tourism ‘unlikely to improve materially’ as coronavirus curbs hit Labour Day holiday
Trips taken during the five-day Labour Day holiday in China fell to 160 million, down by a third compared with the same period last year Tourist spending also dropped by 43 per cent compared with…
International Finance Forum 2022: Geopolitical Conflicts and Covid-19 Pandemic Blunt Efforts to Boost Global Economic Recovery
Colliding challenges have cast uncertainty over the global economy as the world continues to grapple with escalating geopolitical conflicts, rising inflation, and renewed coronavirus outbreaks, said …
COVID-hit Beijing returns to work after subdued Labour Day break
Beijing returned to work on Thursday after a five-day Labour Day holiday devoid of the usual trips across the country or lavish family dinners, as China’s capital tried to eradicate a COVID outbreak …
Industrial Bank extends 56% more loans to small businesses
The Industrial Bank Co Ltd issued more inclusive loans to micro and small businesses in 2021 to help them resolve financing difficulties amid the COVID-19 pandemic, the lender said. The bank extended …
Iron ore futures rise on optimism over China central bank support
On the Singapore Exchange, the most-active June contract SZZFM2 rose 1.6% to $145.15 a tonne by 0710 GMT. The People’s Bank of China on Wednesday vowed to “waste no time planning incremental policy …
China’s COVID controls makes EU firms consider shifting investments – chamber
European businesses in China are increasingly looking to shift their investments to other markets due to the country’s strict …
China’s economy is going backwards
China’s gigantic services sector just contracted … That includes Shanghai — the nation’s leading financial center and a major manufacturing and shipping hub. The city has been under …
