Provided by Xinhua In March China set its economic growth target at around 55 percent for 2022 after it saw a strong rebound of 81-percent growth …
Monthly Archives For May 2022
Airbnb to shut domestic business in China
The company made the announcement on its official WeChat account without elaborating on the reasons behind the decision.
The catastrophic success of China’s zero-COVID policy
He wrote this column for the Los Angeles Times. For two years, it seemed as though China’s ruthless COVID-19 policy had paid off. After stumbling in its initial efforts to stem the pandemic …
UBS cuts China’s GDP growth forecast on COVID-19 restrictions
UBS on Tuesday (May 24) trimmed its forecast for China’s economic growth this year by 120 basis points to 3 per cent, as strict COVID-19 restrictions hit the country hard. The forecast cut comes a…
Airbnb Pulling Out of China Thanks to Stiff Competition From Super-Apps
Airbnb will cease business operations in China according to a new report from Reuters and several other news outlets. The company will officially shut down in the country starting July 30, though …
Airbnb is closing its listings business in China. Here’s why
In recent weeks, dozens of mainland Chinese cities have been locked down as authorities work to stamp out the coronavirus.
China’s state-backed BSN pushes new public blockchain network unlinked to cryptocurrencies for international markets
“If you don’t trust us, check the code,” He said. “I talked to probably 10 public chains, asking them to join and help build a non-crypto chain with us,” He told the South China Morning…
Tech Insider: Layoffs at Tencent and Zhihu, Airbnb Shutters China Business
Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene. Airbnb gives up on China business . Airbnb Inc. said on …
Airbnb to shut business in China from July 30
China’s efforts to curb the spread of Covid-19 has also led to business disruptions across the country, with several cities locked down, including the major economic hub of Shanghai. CNBC first …
Coronavirus: China’s tussle between virus and its zero-Covid goal brings stricter measures for Beijing
China’s capital reports 48 new local infections on Tuesday, after recording 99 infections the day before The case number is small compared to Shanghai but Beijing’s response has been unprecedented and …
U.S. Says China and Russia Bomber Drill Shows Depth of Their Alignment
A joint strategic bomber exercise by Russia and China in East Asia on Tuesday shows the depth of the two countries’ alignment, a senior U.S. administration official said. Russia’s defense ministry …
Xinjiang Police Files Reveal Horrors of China’s Uyghur Internment Camps
The explosive data dump comes as the U.N.’s top human rights official makes a six-day trip to China to visit regions including Xinjiang.
The evolving dynamics between China and the QUAD
China has seen an exponential rise in the past few decades … Views expressed are personal and do not reflect the official position or policy of Financial Express Online. Reproducing this content …
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