TOKYO: Asia’s factory activity slowed in May as China’s heavy-handed COVID-19 curbs continued to disrupt supply chains and dampen demand, adding to woes for some of the region’s economies that are …
Monthly Archives For June 2022
Washington and Beijing Are Mulling Defense Talks in a Bid to Ease Tensions
A ides to the US defense secretary and China’s defense minister are discussing a potential meeting in Singapore, according to people familiar with the preparations, a sign the B …
China-Russia dealings irk US but Beijing not helping Moscow evade sanctions
China’s support for Russia through oil and gas purchases is irking the US, foreign observers say, though they see no sign Beijing is helping Moscow evade sanctions over its war on Ukraine …
Beijing sees dwindling new Covid-19 cases
Beijing reported five locally transmitted Covid-19 cases, including four among those quarantined for observation and one from community screening, an official told a press conference. The five …
Beijing advises against traveling outside city during Dragon Boat holiday
The Beijing government is encouraging all residents to spend the coming Dragon Boat Festival in the city and people should avoid infection by staying away from places of high or medium risk for …
How far along is China into testing its digital currency?
Since launching the trial of its digital yuan program two years ago, China’s plan has so far become a cause of concern for many of the country’s critics highlighting how it could further fuel China’s…
China’s Manufacturing Activity Shrinks for Third Month Amid Covid Controls, Caixin PMI Shows
Activity in China’s manufacturing sector contracted for the third straight month in May, though at a slower pace, a Caixin-sponsored survey showed Wednesday, as manufacturers expressed the least …
China’s strict Covid-19 curbs a roadblock for growing investment in hotels sector
Covid-19 among toughest challenges yet for ‘grand old dame’ The Peninsula Marriott’s current portfolio in China includes more than 450 hotels spanning 23 brands across more than 110 cities. The firm …
Asia’s Factory Activity Slows In May As China COVID Curbs Weigh
Asia’s factory activity slowed in May as China’s heavy-handed coronavirus curbs continued to disrupt supply chains and dampen demand, adding to woes for some of the region’s economies that are already …
North Star Meat Merchants IPO approved by PSE
BDO Capital and China Bank [CHIB 27.00], will work the phones like crazy with their institutional buyers to see what kind of price Anthony Ng can demand for a 25% chunk of his vast (and…
China factory activity falls at slower pace on easing Covid-19 curbs: Caixin PMI
The Caixin/Markit Manufacturing PMI rose to 48.1 in May from 46.0 the previous month. . Read more at straitstimes.com.
Shanghai lockdown: China eases Covid restrictions after two months
The Chinese city of Shanghai, the country’s economic centre and a global trade hub, has eased Covid curbs after a two-month lockdown. At midnight local time (16:00 GMT Tuesday), restrictions were …
China factory activity falls at slower pace, but Beijing needs to ‘pay attention’ to employment, logistics
China’s factory activity shrank less sharply in May as coronavirus … property developers are now struggling to finance existing projects. They won’t launch new ones until there has been a marked …
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