In a major escalation of COVID-19 restrictions amid a surge in Omicron variant cases, Beijing has banned all restaurant dining, shut down Universal Studios, and ordered residents to provide proof of a …
Monthly Archives For May 2022
Price cuts brew success for milk tea brands
This summer, the growing tribe of milk tea lovers in China will likely find glad tidings as prominent brands such as Heytea and Nayuki announced they had slashed the prices of their products over the…
China’s Covid-19 hard line eats into everything from Teslas to tacos
SHANGHAI (Reuters) – When Tesla’s Shanghai plant and other auto factories were shut over the last two months by emergency measures to control China’s biggest COVID-19 outbreak, the burning question …
Chinese mainland reports 846 new local COVID-19 cases
capital of China, April 30, 2022. (Xinhua/Peng Ziyang) BEIJING, May 2 (Xinhua) — The Chinese mainland Sunday reported 846 locally-transmitted confirmed COVID-19 cases, of which 727 were in Shanghai, …
China reports 7,822 new COVID cases on May 1, down from previous day
BEIJING, May 2 (Reuters) – Mainland China reported 7,822 new COVID-19 cases on May 1, including 865 symptomatic cases and 6,957 asymptomatic infections, the National Health Commission said on Monday.
China’s manufacturing activity dips to the lowest in two years
China’s manufacturing activities have dominated globally … With over a decade of experience in the media, Aaron previously worked on politics, business, sports and entertainment news.
Beijing reports 36 new symptomatic local COVID cases for May 1
BEIJING, May 2 (Reuters) – China’s capital of Beijing reported 36 new symptomatic COVID-19 cases for May 1, down from 53 cases a day earlier, Xinhua news agency said on Monday. The city also recorded…
It’s not just Russia – China’s also contributing to higher inflation worldwide, report says
Russia is guilty of creating a food security crisis and higher energy prices through its war with Ukraine, but China has — under the radar — also taken actions in three areas that are exacerbating…
China COVID hard line eats into everything from Teslas to tacos
SHANGHAI, May 2 (Reuters) – When Tesla’s (TSLA.O) Shanghai plant and other auto factories were shut over the last two months by emergency measures to control China’s biggest COVID-19 outbreak, the …
China’s Economy Appears to Be Stalling, Threatening to Drag Down Global Growth
Throttled by Beijing’s zero-tolerance approach to Covid-19, China’s economy is facing a spell of slower growth. Economists are toying with the term “recession” to describe it. A recession commonly …
China Offers ‘So Much Better Companies At So Much Lower Prices’: Charlie Munger
“The government of China has worried the investors from the United States … Charlie Munger And Warren Buffett Still Not Fans Of Crypto It was revealed earlier this year that Munger’s hedge fund cut …
China’s Lockdowns Wreak Havoc on Economy as Xi Pledges Support
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China’s Economy Flirts With a Recession, Threatening to Drag Down Global Growth
Throttled by Beijing’s zero-tolerance approach to Covid-19, China’s economy is facing a spell of slower growth. Economists are toying with the term “recession” to describe it. A recession commonly …