The streets of Beijing’s business district were deserted on Thursday as the government called for people to return to work remotely, with scores of subway stations shut after a national holiday muted …
Monthly Archives For May 2022
China’s COVID-19 controls prompting EU firms to consider moving investments elsewhere -business group
European businesses in China are increasingly looking to shift their investments to other markets due to the country’s strict COVID-19 containment measures and supply chain disruptions, the European …
China’s Covid Policies Have European Companies Wary of Investing
Lockdowns and supply chain issues have soured European businesses in China on the idea of further investment in the country, a survey finds. Send any friend a story As a subscriber, you have 10 gift…
China launches 8 more satellites
… Xi Jinping urged the youth to take up aerospace careers “to contribute more to China’s realization of greater self-reliance in aerospace science and technology.” Referring to China’s space …
Covid-19: Hong Kong reopens beaches, Beijing relaxes quarantine rules
Hong Kong on Thursday reopened beaches and pools in a relaxation of COVID-19 restrictions, while China’s capital Beijing began easing quarantine rules for arrivals from overseas. Hong Kong had closed …
Covid-19: Beijing returns to work after 5-day break on high alert
Beijing returned to work on Thursday after a five-day Labour Day holiday, with China’s capital on high Covid alert as it tries to eradicate an outbreak. It has managed to limit to dozens of new…
Running on hope, China markets want action, not more policy pledges
SINGAPORE, May 5 (Reuters) – Promises of policy support and a possible meeting between tech giants and China’s leaders this week have helped … the pandemic and now fresh COVID-19 lockdowns have hurt …
Streets Deserted After Coronavirus Lockdown Takes Effect in Zhengzhou, China
Streets were deserted in the central Chinese city of Zhengzhou on May 4 after the local government imposed restrictions on movement and ordered mass COVID-19 testing to contain an outbreak of …
Covid lockdowns hammer China’s service sector
We’ll send you a myFT Daily Digest email rounding up the latest Chinese economy news every morning. China’s service sector activity has plunged to its weakest level in more than two years as lockdown …
China’s Property Sector Slump: Is Recovery on the Horizon?
For the past two decades, the Chinese property sector’s exponential growth has been a key GDP growth driver for China – until its rise ended abruptly in July 2021 when property sales slumped amid …
WRAPUP 1-Beijing returns to work after 5-day break on high alert for COVID
BEIJING/SHANGHAI, May 5 (Reuters) – Beijing returned to work on Thursday after a five-day Labour Day holiday with China’s capital on high COVID alert as it tries to eradicate an outbreak it has …
China’s yuan firms on stronger fixing, c.bank seen prioritising stability
China’s yuan returned from a three-day market holiday slightly firmer on Thursday as the central bank set a stronger fixing, and as the dollar stepped back on diminished expectations for aggressive …
China’s services activity plunges as zero-Covid drags
BEIJING, May 5 — China’s services sector activity slumped in April to … Supply and demand “contracted severely” and the gauge for new export business fell to its lowest since April 2020. “Some …
