They’re China’s Generation Z and they’re shaking up shopping. The 270-million-strong cohort born since the mid-1990s is already flexing their power: they have the fastest spending growth out of any …
Monthly Archives For May 2022
Rising COVID cases in Beijing lead officials to extend work-from-home order
As COVID cases rise in Beijing, authorities have moved to extend work-from-home orders. Meanwhile, China’s largest city, Shanghai, is easing restrictions and reopened subway lines over the weekend.
China to build unmanned intelligent farms by 2025
China plans to open a number of unmanned farms operated by advanced machines by the end of the 2025, according to a new technology roadmap released by China’s Ministry of Industry and Information …
Quad pledges $50 billion package with ‘tangible benefits’ to check China
91774708 In remarks aimed at China, the Quad said in a joint statement it will champion … by promoting debt sustainability and transparency in close collaboration with finance authorities of …
Oil steadies after choppy trade, U.S. says export ban not ruled out
Oil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China’s COVID-19 curbs.
Blinken to deliver China speech after Biden Taiwan remarks
US Secretary of State Antony Blinken will deliver a long-awaited speech on China on Thursday, the State Department … but postponed it after testing positive for Covid-19. Aides have billed the …
China’s bet on homegrown mRNA vaccines threatens lives
China is trying to navigate its biggest coronavirus outbreak without a tool it could have adopted many months ago, the kind of vaccines that have proven to offer the best protection against the worst …
China Offers easier capital market access to the Covid-Hit Firms
Chinese companies impacted by the pandemic are to be offered an easier entrance to its capital markets as Beijing bids to improve its Covid-hit economy. Chinese regulators as well encouraged …
3 new Boston-area studies look at immune system response to the virus that causes COVID-19
Three new studies led by researchers from Boston-area institutions have delved further into how the body’s immune system responds to SARS-CoV-2, the virus that causes COVID-19.
Brunei to end early endemic phase, update COVID-19 guidelines
The Brunei government on Tuesday said its Early Endemic Phase will end on May 31, and the guidelines for COVID-19 control measures will be updated beginning in June. As part of Brunei’s National COVID …
Snap Plunges 40%, Slips Below IPO Price on Profit Warning
Snap Inc. plunged as much as 40% Tuesday morning, dipping below its initial public offering price after the social media company cut its revenue and profit forecasts as it grapples with a wide range …
Kevin Rudd: Australia’s China Policy Requires a ‘Realist Premise’
China ultimately respects strength and is contemptuous of weakness,” the former Australian prime minister said.
U.S. calls U.N. rights chief’s visit to China a mistake
It was a mistake for the United Nations human rights chief to agree to visit China, the U.S. State Department said on Tuesday, amid concerns that government restrictions on her access could undermine …
