Production of Apple Inc’s iPhones could slump by as much as 30% at one of the world’s biggest factories next month due to tightening COVID-19 curbs in China, a person with direct knowledge of the…
Monthly Archives For October 2022
Coronavirus tally: Workers leave iPhone facility in China to avoid COVID curbs and visitors stranded at Disneyland in Shanghai
Workers in a manufacturing facility that assemble Apple Inc.’s iPhone in the Chinese city of Zhengzhou appear to have left to avoid COVID-19 curbs, with many traveling on foot for days after an …
Beijing blasts US report that claimed Covid was leaked from China lab: ‘Smear’
China has “made it clear on multiple occasions that the lab-leak theory from Wuhan is nothing but a lie,” foreign ministry spokesperson said.
Record Plunge In China Property Giant’s Stock After Chair Quits
The share price of Chinese property giant Longfor Group Holdings Ltd tumbled by a record amount on Monday, after its long-serving chair abruptly resigned during a brewing crisis in the country’s real …
China finance ministry brings forward 2023 transfer payment budget for domestic civil aviation
China’s finance ministry brought forward the 2023 transfer payment budget for a civil aviation development fund to support the country’s civil aviation infrastructure and some airlines, according to a …
Marketmind: Fed peak rate talk meets China curbs, grain strain
A look at the day ahead in U.S. and global markets from Mike Dolan. A potentially pivotal week for U.S. monetary policy has been given a new twist from fresh ‘terminal rate’ speculation, with …
This platform has just taken a big step to becoming a true crypto super app
An app that brings crypto and fiat together in one place has unveiled a suite of major improvements — and can now be used in the U.S. and Canada …
China launches third and last component of its space station
The Mengtian module is set to join a second one that’s also connected to the core module where the crew lives and works.
A Disney resort in China is locked down because of Covid and visitors can’t leave until they test negative
The theme park continued to operate rides for visitors stuck in the park during the closure on Monday, social media users reported.
What Would Tech War Mean for The U.S. and China? | Opinion
Is it still possible to avert a destructive tech war? And if it comes, how will it play out? Although U.S. chip manufacturing has atrophied to just 12 percent of the world total, the U.S.…
Hong Kong to explore legalizing retail crypto trades in reversal of previous proposal
Hong Kong has proposed allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds and plans to conduct pilots in NFT issuance and CBDC.
China blocks GSK from participating in national bulk-buy pharmaceutical program
World Macau reimposes COVID curbs as China loosens visa rules for gambling hub, article with image 10:48 AM UTC. Updated undefined ago World Macau to conduct community-wide testing for COVID-19 on …
20th Party Congress Report: What it Means for Business, the Economy, and Social Development
The 20th Party Congress report sheds light on China’s policy priorities. We discuss the business and development implications.