Australian shares have started the day lower after falls on Wall Street as protests in major Chinese cities against strict COVID-19 policies sparked concerns about economic growth, while Apple slid on …
Monthly Archives For November 2022
S&P 500, Dow, Nasdaq retreat amid concerns about China, interest rates and crypto
U.S. stocks lost ground on Monday amid worries about interest rates, shutdowns in China and ongoing instability in the cryptocurrency sector.
Behind Foxconn’s China woes: mistrust, miscommunication, COVID curbs
When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky.
China’s Covid-Hit Economy Leaves Door Open for PBOC Easing
China’s worsening economic slump and a likely disruptive rollback of Covid restrictions will keep the central bank on its easing path, economists said, with calls growing for more interest rate cuts.
China protests could usher in ‘more authoritarian’ Xi era, analyst says
The eruption over the weekend of mass protests in China could mark the start of a “more authoritarian” era in President Xi Jinping’s premiership.
Protests against Covid lockdowns sweep China, challenging Xi Jinping
In the capital, Beijing, students at Tsinghua, one of China’s most prestigious universities, shouted “We want democratic rule of law, we want freedom of speech.”
Zero-Covid policy: why is China still having severe lockdowns?
Lockdowns and quarantine that continue almost three years into pandemic are prompting widespread protests. Here are the factors
Thousands of demonstrators erupt in rare protests against COVID-19 restrictions across China
People across China are protesting President Xi Jinping’s stringent COVID-19 restrictions. China has reported record cases for several days.
Power Breakfast: Dow Sinks 500 Points As China Protests And Hawkish Fed Comments Rattle Markets
US Federal Reserve President James Bullard said that at least 1% more rate hike is possible. Due to Corona restrictions in China, people are coming on the streets due to which the sentiment regarding …
Deaths of children, bus accident and more: The many horrors of China’s zero-COVID policy
Many cases have been seen in China recently where people were denied essential medical care or there was a delay in treatments because of strict COVID-19 lockdowns. Now, the citizens finally have had …
Unprecedented protests in China are making headlines around the world, except inside China
But for the hundreds of millions in China relying on news coverage from state-run media, there has been almost no coverage of the unprecedented challenge to leader Xi Jinping. That’s because Chinese …
Fauci called China’s ‘zero-COVID’ policy ‘draconian’ and says lockdowns ‘should always be a temporary phenomenon’
Fauci said in an interview with CNN’s Jake Tapper on Monday that lockdowns should have an “end game.” …
Goldman Sachs names the global automakers exposed to a China slowdown
After rare protests erupted in China at the weekend over stringent Covid-19 restrictions, investor focus has once again shifted to the country. Many global companies are heavily exposed to China, …