Beijing reported a record number of Covid cases during its current outbreak, reviving concern the capital may face a lockdown as authorities seek to stamp out community spread of the virus. The city …
Monthly Archives For May 2022
Biden rolling out alternative to traditional trade pact in Indo-Pacific, aim is countering China
President Joe Biden is rolling out an Indo-Pacific economic pact to deepen cooperation and help counter China’s growing influence.
China reports 869 new COVID cases on May 22 vs 898 a day earlier
Mainland China reported 869 new coronavirus cases on May 22, of which 187 were symptomatic and 682 were asymptomatic, the National Health Commission said on Monday.
China iron ore futures jump nearly 7% after India hikes export duties
Benchmark iron ore futures in China rose about 7% in early trade on Monday, tracking their biggest daily jump in two-and-a-half months, after India increased export duties on some commodities to rein …
China’s central bank conducts reverse repos to boost liquidity
China’s central bank on Monday conducted 10 billion yuan (about 1.5 billion U.S. dollars) of reverse repos to maintain liquidity in the banking system. The interest rate for the seven-day reverse …
China’s Covid Zero Policy Is an Anchor on Commodities Prices
Industrial commodities prices in China have regained some of their poise after Shanghai issued a road map for opening up and the central bank cut interest rates on long-term loans.
China Aluminium Imports Fell 73.1% YoY in April, While Exports Surged 640%
According to customs statistics, China’s import volume of primary aluminium was 34,877 mt in April 2022, a year-on-year decrease of 77.6% and a month-on-month decrease of 11.3%. The cumulative import …
Asian stock market slid weighed down by inflation concerns, China tech selling;
A negative tone was evident as Hong Kong’s Hang Seng Index slid 0.38% and the mainland’s CSI300 Index dropped 0.37%, led by a 1.5% decline in technology firms.
After Winter Olympics, China retreats from sports hosting amid ‘zero Covid-19’ policy
A few months after holding a Winter Olympics as memorable for its extreme anti-Covid-19 measures as the competition, China has all but given up hosting international sporting events while it battles …
Beijing extends work-from-home order as COVID-19 cases rise
Beijing extended orders for workers and students to stay home and ordered additional mass testing Monday as cases of COVID-19 again rose in the city. Numerous residential compounds in the Chinese …
With eye on China, and U.S. ties, Japan’s universities to screen foreigners
Japan is asking universities for greater scrutiny of foreign students and scholars to prevent technology leaks to places like China, partly for its own national security but also to safeguard …
China’s elderly want to enjoy their golden years, not raise next generation unless get paid for it
For many younger couples in China, it is a cultural expectation that grandparents help raise their children But that social obligation may be changing, as a generation of retirees looks to enjoy their …
In China, the ongoing drastic measures against Covid-19 is pushing its population to leave the country
Online searches about emigration procedures have exploded, but Beijing is implementing new measures to restrict departures.
