China supports crisis-hit Sri Lanka’s decision to work with the International Monetary Fund (IMF) to restructure its debt, Beijing’s ambassador Qi Zhenhong told Sri Lankan Finance Minister Ali Sabry …
Monthly Archives For May 2022
China lockdowns cripple economy
That year, China registered a record-low economic growth, 2.3 percent. After an enviable 8.1 percent GDP expansion last year, driven by strong exports of medical supplies following an exemplary …
Setback for Shanghai’s COVID battle as Beijing ramps up mass testing
SHANGHAI/BEIJING, May 2 (Reuters) – China’s commercial capital of Shanghai was dealt a blow on Monday as authorities reported 58 new COVID-19 cases outside areas under strict lockdown, while Beijing …
Update: Beijing reports 41 new local COVID-19 cases
A notice is seen showing that a negative nucleic acid test result within 48 hours is required to enter the Longtan Park during the Labor Day holiday in Beijing, capital of China, April 30, 2022.
Beijing centralises power in the provinces ahead of Communist Party congress
Observers say the Guangdong reshuffle serves as a prime example of the marginalisation of its historically powerful political elites as Beijing tightens its control ahead of the 20th Communist Party …
Indian professionals in China urge Jaishankar to press Chinese govt to permit return of their families By K J M Varma
The families of dozens of Indian professionals left China in 2020 soon after coronavirus broke out in Wuhan. But many Indian professionals who have their business in China besides lucrative jobs could …
Coronavirus in China: six in firing line after elderly Shanghai patient mistaken for dead triggers new wave of lockdown horror
According to the video, the staff member next returns to the centre to deliberate with two people in white hazmat suits before the elderly patient is seen being wheeled back into the facility. The …
China reopens makeshift hospitals in Beijing to tackle possible COVID-19 surge
Beijing: China has resurrected Beijing’s makeshift hospitals to handle the possible COVID-19 surge in the capital, media reports said on Monday. So far, about 4,000 beds have been reserved for …
Hong Hao: China silences prominent market analyst as economic slump deepens
Over the weekend, Tencent’s WeChat froze the public account of Hong Hao, managing director and head of research at BOCOM International, the investment banking arm of Bank of Communications, a …
Where Is China-US Technology Competition Going?
The diversity of this business environment reflects the complexity and resilience of the China-U.S. economic and trade relationship. On the one hand, China and the United States are interdependent …
China Social Media Bilibili Trims Revenue Forecast, Gets A Bump In Users Amid Lockdowns
our business fundamentals remain strong and our vibrant community continues to grow,” Bilibili said. “Zero-Covid” lockdowns are affecting tens of millions of people in China and disrupting supply …
China silences prominent market analyst as economic slump deepens
A search by CNN Business for the account resulted in a message … He’s not alone in expressing growing concern about the health of China’s economy and markets. Shan Weijian, founder and …
Beijing reopens a mass isolation center as it tries to avoid a citywide lockdown.
By Amy Chang Chien and Amy Qin The authorities in Beijing on Monday said that they had reopened a mass coronavirus isolation center, the latest in a raft of measures to try to stave off…
