Manufacturing PMI in China remained below 50 while services … While biotechnology business Mesoblast and travel services company Webjet, both added more than 8 percent, engineering and …
Monthly Archives For August 2022
China puts millions of people into lockdown again amid surge in Covid-19 infections
The Chinese government’s sticking to zero-Covid policy despite resistance from Chinese people comes ahead of the ruling Communist Party’s 20th National Congress, which is likely to take place within …
China’s Covid-19-hit tourism season deals blow to economy: Report
Tourism slowdown could drag third-quarter growth by as much as 0.3 percentage point, says analyst. Read more at straitstimes.com.
3 Beijing officials accused of COVID test crimes
Three government officials in Beijing were expelled from the Communist Party of China and removed from office over allegations of crimes involving coronavirus testing. Yang Daqing, who was deputy …
Schools in Beijing’s Haidian District Make Preparation for New Semester
A teacher writes welcoming words on the blackboard in the Experimental Primary School of RDFZ (The High School Affiliated to Renmin University of China) in Haidian District of Beijing, capital of …
China stocks hit four-week low as Covid cases spread and factory output shrinks
Chinese markets fell on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome Powell’s hawkish speech at Jackson Hole last week, and the alarming spread of …
Drought in China Drove Desperate Elephants To Raid Farms and Destroy Homes
A report from the United Nations University found that a herd of 15 hungry, thirsty elephants was “financially devastating” to farmers.
Why Gorbachev’s legacy haunts China’s ruling Communist Party
Tributes have poured in from around the world for Mikhail Gorbachev, the last leader of the former Soviet Union who died on Tuesday age 91, with many global leaders hailing his role promoting peace …
COVID-19 Lockdown, Mass Testing In China After Country Discovers 15 Minor Cases
CHINA: Millions of people were put under lockdown on August 30 after health officials confirmed 51 minor cases of COVID-19 infection.
China sets October start for congress seen as Xi coronation
China’s ruling Communist Party will hold its five-yearly congress beginning on Oct. 16, with Xi Jinping poised to secure an historic third leadership term and cement his place as the country’s most …
China’s ‘zero-Covid’ policy pushes ‘Big Three’ to record first-half losses
China’s three largest carriers widened their half-year losses, as they count the economic costs of China’s continued zero-infection policy, which has dampened travel demand.
China’s SMEs show stable development in Jan-July period
GU HUAXIA/FOR CHINA DAILY BEIJING — China’s small and medium-sized enterprises … Preferential policies have been rolled out to ease the financial burden of smaller businesses and further boost …
China coal shares soar as investors bet economics trump emissions
China’s coal index (.CSI000820 … significantly ahead of the 0.5% the finance ministry forecast when it upgraded its estimates just last month.