BEIJING – China logged its slowest economic growth since the initial Covid outbreak, official data showed Friday, expanding just 0.4 percent in the second quarter with lockdowns and property market …
Monthly Archives For July 2022
Taiwan weighs fining Foxconn over China chip investment – source
Taiwan’s government is considering fining tech giant Foxconn up to T$25 million ($835,600) over its investment in a Chinese chip conglomerate without first getting regulatory approval, a source …
China science, technology news summary — July 15
The following is a summary of published science and technology news in China. INTERNATIONAL AGRICULTURAL BREEDING CENTER. An international agricultura …
Instant View: China’s economy contracts in Q2, global risks darken outlook
“Looking ahead, we expect China’s economy to pick up speed in the run up to the 20th Party Congress, on increased stimulus measures and easing COVID-19 control policies.” The window for further policy …
Alibaba shares fall on report of China probe over data theft
Shares in Alibaba Group Holdings Ltd fell 5.7% on Friday after the Wall Street Journal reported that the Chinese tech giant’s cloud division has been summoned by Shanghai authorities in connection …
Coronavirus: China economy contracts amid zero-Covid policy
On a year-on-year basis, the world’s second-largest economy expanded by 0.4% in the April-June quarter, missing expectations of 1% growth. “Second quarter GDP growth was the worst outcome since the …
Chinese property shares slide despite Beijing assurance on mortgage protests
Shares in embattled Chinese property developers fell on Friday as homebuyers’ threats to stop mortgage payments on unfinished apartments outweighed Beijing regulators’ assurance that local governments …
Clouds during sunny day in Beijing
Photo taken with a mobile phone shows clouds during a sunny day in Beijing, capital of China, July 14, 2022.(Photo: Xinhua) Photo taken with a mobile phone shows clouds during a sunny day in Beijing,…
Australia’s odd couple must repair frayed ties with Beijing
Two very different South Australian politicians take charge of relations with China, thawing but still very fraught.
China’s economy contracts as Covid lockdowns curb business
The world’s second-largest economy shrank 2.6 percent in the second quarter as millions were confined to their homes amid outbreaks in Shanghai and other cities.
MAS calls crypto crisis a “bloodbath”: Here are 10 crypto firms that have been badly affected
With crypto winter in full swing, many companies have been severely affected and these crypto companies have not been spared.
China’s economy shrinks 2.6% during virus shutdowns
Economists and business groups say China’s trading partners will feel the impact of shipping disruptions over the next few months. “The resurgence of the pandemic was effectively contained,” the …
Some Beijing residents asked to wear Covid-19 monitoring bracelets, sparking outcry
The bracelets monitor users’ temperature and upload the data onto a phone app they had to download. Read more at straitstimes.com.
