Multiple Chinese cities are adopting fresh Covid-19 curbs, from business halts to lockdowns, to rein in new infections, with the commercial hub of Shanghai bracing for another mass testing effort …
Monthly Archives For July 2022
Summer view of Mutianyu Great Wall in Beijing
A summer view of the Mutianyu section of the Great Wall is pictured in Beijing, capital of China, July 10, 2022. (Xinhua/Chen Yehua)■ …
China June new bank loans jump as Beijing steps up policy support
New bank lending in China leapt in June, rising more than expected, while broad credit growth quickened, as the central bank stepped up efforts to revive the pandemic-hit economy.Chinese banks …
Beijing to see property rebound in H2
“With economic factors gradually improving, the capital’s property market will probably see a recovery and rebound in the second half,” said Anthony McQuade, managing director of Savills North China.
China’s supply chain gets hit after US ban on imports from Xinjiang
After finding out that the Chinese products are produced with forced labour, the US imposed a ban on Xinjiang imports, which hit China’s supply chain …
Australian Prime Minister Anthony Albanese dismisses China’s list of demands to improve relations
Australian Prime Minister Anthony Albanese rejected a four-point plan from China to improve strained bilateral relations on Monday, saying that his country “doesn’t respond to demands.” …
EV Makers Are Gaining Ground On Tesla As China Threat Looms
Tesla market share forecasts may look bad, but the future is positive because although its share of the U.S. market is predicted to plummet in the next 4 years, sales will advance as huge numbers…
Hong Kong to make COVID-19 app more like mainland China to curb infections
Hong Kong will update an app it uses for COVID-19 tracking to bring it more in line with mainland China, by requiring people to register by name and by adopting a traffic light colour code…
Shanghai plans more COVID testing amid fresh curbs across China
The tough curbs by local governments follow China’s “dynamic zero- COVID “ policy of promptly stamping out all outbreaks at a time when much of the world co-exists with the virus. China has said curbs…
China’s lockdowns to contain Omicron snarled the global economy. Lockdowns to contain subvariant BA.5 could be even worse
Shanghai officials on Sunday reported that the first case of the Omicron sub-variant BA.5 had entered the city and warned that the risk of a broader outbreak was “very high.” Shanghai residents are …
China to Place Electronic Tags on COVID Patients to Stop Them Leaving Home
Hong Kong’s government used electronic wristbands earlier this year to monitor COVID patients undergoing home isolation.
Australian PM Anthony Albanese dismisses China’s demands to improve relations
Australian Prime Minister Anthony Albanese rejected a four-point plan from China to improve strained bilateral relations on Monday, saying that his country “doesn’t respond to demands.” …
Alibaba, Tencent stocks plunge after latest fines by China
A wide-reaching crackdown on the technology sector has often hit stock prices in Hong Kong and Shanghai, though signs the authorities might be easing up spurred gains in recent months.