The Chinese capital has effectively controlled the COVID-19 outbreaks that have occurred continuously since late September, and the Beijing Marathon, which was held on Sunday, has greatly boosted the …
Monthly Archives For November 2022
Pressure remains on Xi Jinping to kick China’s coal habit
But, ahead of the summit, organisers confirmed that Xi Jinping, the powerful leader of the world’s most populous country, would not attend. It is an absence that undermines the climate negotiations, …
China reopening hopes keep U.S. dollar on guard
The dollar was kept on the back foot on Tuesday by strength in the Chinese yuan and other currencies sensitive to China’s growth.
China Unicom clarifies new JV plan with Tencent
Photo/IC] China Unicom said in a statement on Wednesday night that a new joint venture with Tencent Holdings Ltd has not yet finalized the registration process, which will have n …
Guangzhou’s COVID outbreak deepens as more lockdowns loom in China
COVID-19 cases sharply escalated in Guangzhou and other major Chinese cities, official data showed on Tuesday, with the global manufacturing hub fighting its worst flare-up ever and testing its …
Covid-19: China’s long lockdowns struggle to contain growing outbreaks
Xinjiang reported the fourth-highest number of new cases nationally for Monday, according to data compiled by Bloomberg, despite some cities in the re …
China’s Covid-19 resurgence spurs new curbs, Foxconn imposes restrictions
China’s escalating Covid-19 resurgence has spurred authorities and companies, including key iPhone manufacturer Foxconn, to ramp up measures to contain outbreaks, disrupting production and throwing …
China’s super-rich see fortunes plunge as economy slows
China’s super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine war, Beijing’s zero-COVID measures and falling mainland and Hong Kong stock markets …
No immediate end in sight for China’s costly zero-Covid policy
China has reiterated its unswerving commitment to its longstanding zero-Covid policy, despite mounting public frustration the stringent measures are costing the very lives they’re intended to protect.
Asian stocks rise on China reopening hopes, track Wall Street
Asian shares rose on Tuesday as U.S. stocks increased overnight before midterm elections and investors clung on to hopes that China would eventually relax its strict pandemic curbs even after the …
China Stock Rally Pauses as Covid Cases Surge Most Since April
Chinese stocks halted a recent rally as a jump in Covid infections and official comments defending Covid Zero kept reopening optimism in check.
Apple Built Its Empire With China. Now Its Foundation Is Showing Cracks.
Lawmakers’ objections to an obscure Chinese semiconductor company and tough Covid-19 restrictions are hurting Apple’s ability to make new iPhones in China.
China Banks Are Now Valued Like US Peers at Depths of 2008 Crash
Pessimism about China’s banking sector has plunged to an unprecedented level, even reaching the depths where US lenders traded during the 2008 financial crisis. The four biggest lenders, including …
