China rolled out a broad package of measures to support businesses and stimulate demand as it seeks to offset the damage from Covid lockdowns on the world’s second-largest economy.Most Read from …
Monthly Archives For May 2022
Tencent billionaire Ma voices frustration during China’s slowdown
BEIJING: Tencent Holdings Ltd’s billionaire co-founder Pony Ma (pic) shared a viral opinion piece on the economic costs of China’s strict Covid-zero measures, in a rare show of frustration after his c …
Biden mulls dropping tariffs on China
President Joe Biden on Monday said he is “considering” lifting tariffs the Trump administration imposed on China. His announcement comes after Treasury Secretary Janet Yellen said last week that she …
Airbnb shutting China business to focus on outbound Asia travel
“China is primarily an outbound business,” Airbnb Chief Executive Officer Brian Chesky said on the company’s first-quarter earnings call earlier this month. “People go to China but primarily they …
Why China will likely recover more slowly from the latest Covid shock
China’s economy won’t be snapping back quickly from the latest Covid outbreak, many economists predict. Instead, they expect a slow recovery ahead.
China’s software sector maintains double-digit revenue growth
BEIJING – China’s software and information technology sector sustained stable growth in the first four months of this year, with revenue from software-related business up 10.8 percent year-on-year, …
Beijing reports 41 new symptomatic COVID cases, 7 asymptomatic cases for May 23
China’s capital Beijing recorded 41 new symptomatic coronavirus cases for May 23, down from 83 a day earlier, state broadcaster CCTV said on Tuesday, citing official data.
Beijing Covid Cases Drop as Capital Remains Under Restrictions
Beijing saw new cases of Covid-19 cases drop Monday after posting a record for this outbreak as the capital remains under a high level of restrictions.
The China factor at the heart of Quad summit
Leaders of the Quad nations are meeting in Tokyo on Tuesday in what can be described as one of the most important meetings in recent years that will affect the geopolitics and security of the…
Australia’s new Labor govt says China relations to remain challenging
Australia’s relations with China will remain challenging, Deputy Prime Minister Richard Marles said on Tuesday amid reports the Chinese premier had congratulated the new Labor government on its …
Biden says the U.S. will defend Taiwan from China. Can it?
Biden says U.S. to defend Taiwan against Chinese invasion on visit to Japan, but can it? Are there lessons in Putin’s war on Ukraine?
Biden vows to defend Taiwan if China invades
President Biden warned Beijing not to invade Taiwan and said he would intervene with the military if necessary. The simple yes appears to defy a longstanding policy of “strategic ambiguity” as U.S.
China’s HNA Found to Owe $185 Million Over Bankrupt Manhattan Skyscraper
The Chinese conglomerate must pay its former business partner SL Green about $185 million in a dispute over a bankrupt Manhattan skyscraper, an arbitrator said.
