Shanghai will require residents across nine of the city`s districts and some smaller areas to undergo testing for COVID-19, the city government said on Monday.
Monthly Archives For July 2022
Scorching heat expected to resume baking China this week
Searing summer heat waves are expected to return this week across large parts of China, lasting through late August, the state weather forecaster said, despite brief interludes of seasonal rain.
Global carmakers vie for China’s vast auto market
The expo opened at a time when China’s automobile market is recovering from a COVID-induced slump earlier this year. It serves as a platform for automakers from home and abroad to seek new …
Shanghai to hold mass COVID-19 testing exercise
SHANGHAI: Shanghai will require residents across nine of the city’s districts and some smaller areas to undergo testing for COVID-19 from Jul 19 to Jul 21 in an effort to stem any community spread of…
China COVID-19 cases hold above 500; Shanghai in testing blitz
China’s COVID-19 cases remain elevated, with Shanghai rolling out mass testing in nine districts as the financial hub seeks to stamp out infections, while the gaming enclave of Macau extended its …
Oil drops as China’s rising COVID-19 cases renew fuel demand concerns
MELBOURNE: Oil prices fell $1 in early trading in Asia on Monday, cutting into gains from Friday, as attention turned back to rising COVID-19 cases in China and the prospect of lockdowns again …
Oil prices drop $1 on rising COVID-19 cases in China; Brent reaches $99.69/bbl
Brent crude LCOc1 futures for September settlement fell $1.47, or 1.5%, to $99.69 a barrel, paring a 2.1% gain from Friday.
China’s indebted housing developers risk the real economy as homebuyers withhold payments for unfinished projects
Three quarters of China’s most indebted developers have missed completion and handover deadlines, which has led to a revolt from homebuyers A movement encouraging homebuyers to withhold mortgage …
China Asks Banks to Fund Housing Projects Amid Mortgage Boycotts
China’s banking regulator has asked lenders to provide credit to eligible developers so they can complete unfinished residential properties after home buyers stopped paying mortgages on at least 100 …
Is China stumbling into its own mortgage disaster?
The Chinese authorities’ drift on managing bad property debts feels eerily like the impending subprime crisis in 2007.
China Moves to Control Iron-Ore Imports With New State Company
Beijing is close to forming a new enterprise to manage imports of steelmaking ingredients, to be led by the Chinalco chairman, in a push to secure resources for country’s growth.
“Wealth” Products Hurt Globally Acquisitive Pharmaron Beijing’s 1st Half Profit
Pharmaron has been expanding through the acquisition of a global network. The Beijing-headquartered company bought contract researcher Absorption Systems of Pennsylvania for $137.
Richard Marles as bad as ‘extremely anti-China’ Peter Dutton claims Beijing
Beijing has accused Richard Marles of becoming indistinguishable from his extremely anti-China predecessor Peter Dutton and warned that Australias new Defence Minister was imperilling the future of …
