Chinese health authorities have reported 5,463 new coronavirus infections, the worst daily data in more than six months in a country that continues to apply with an iron fist all kinds of restrictions …
Monthly Archives For November 2022
China’s exports and imports both shrink for first time since May 2020
China’s exports and imports both contracted in October for the first time since May 2020 as Beijing’s zero-Covid policy disrupted production and global demand …
China’s Business Elite Sees the Country That Let Them Thrive Slipping Away
The business class, which shunned politics, is now questioning if there is still a place for them in a system dominated by one ruler, Xi Jinping.
What exit? China doubles down on zero-Covid pledge despite public frustration
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.
Goldman Sachs says China is still ‘months away’ from reopening
“The actual reopening is still months away as elderly vaccination rates remain low and case fatality rates appear high among those unvaccinated based on Hong Kong official data,” Goldman Sachs said in …
China developers’ liquidity remains tight; property sales value continue to weaken
Property developers in China are anticipated to prioritise liquidity preservation above expansion, given the current challenging market situation, according to Moody’s Investors Service. Daniel Zhou, …
Apple warns of lower iPhone shipments as COVID curbs hobble China plant
Apple Inc expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the …
China’s trade unexpectedly shrinks as COVID-19 curbs, global slowdown jolt demand
BEIJING: China’s exports and imports unexpectedly contracted in October … economist at Capital Economics. “We think that aggressive financial tightening and the drag on real incomes from high …
China COVID-19 drugs pipeline focuses on new variants amidst rising concerns of zero-COVID policy: GlobalData
(File) GlobalData, a data and analytics company, on Monday said that as China has reinforced emphasis on its zero-COVID policy, the Chinese companies COVID-19 drugs pipeline is now focusing on new …
Oil falls on fading demand hopes as China sticks to strict Covid-19 plan
Oil prices fell more than US$1 a barrel on Monday after Chinese health officials on the weekend reiterated their commitment to a stringent Covid containment approach, dashing hopes of a rebound in oil …
Beijing to improve COVID prevention policy operation for residents leaving and returning to city
Health workers and staff wear protective suits inside a residential compound after it was locked down due to a coronavirus disease (COVID-19) outbreak in Beijing, October 20, 2022. REUTERS/Thomas …
China lashes out at visit by UK trade minister to Taiwan
China lashed out Monday over a visit to Taiwan by British Trade Policy Minister Greg Hands, the latest foreign official to defy Beijing’s warnings over contacts with the self-governing island republic …
PC brands increasingly caught between the US and China
Supply chain sources indicated that Microsoft and Dell had requested to have all their IC sources of supply thoroughly checked – to see if any component stems from the Chinese semiconductor supply …
