German Chancellor Olaf Scholz makes a high-stakes trip to China this week, walking a tightrope between shoring up a key economic relationship and facing heightened concerns about over-reliance on …
Monthly Archives For November 2022
COVID 19 curbs likely to cause 30% drop in the output of Apple iPhones at a major China plant
The main Zhengzhou plant in Central China, which has a strong workforce of 200,000 employees, has been jolted by dissatisfaction over rigorous measures to prevent the spread of COVID 19. Many workers …
China’s Last Offshore Property Bond Havens Are Rapidly Crumbling
China’s property debt crisis is entering a new phase as even partially state-backed developers and private-sector giants that had long been considered safer rapidly tumble into distress.
Asia’s factories hit by global slowdown, China’s COVID curbs
Asia’s factory output weakened in October as global recession fears and China’s zero-COVID policy have hurt demand, according to business surveys, adding to persistent supply disruptions and darkening …
China property slump persists in October with falling prices, sales as COVID-19 bites
BEIJING: China’s property market continued its slump in October, with private data showing home prices and sales falling, suggesting lacklustre sentiment and a bleak outlook amid strict COVID-19 curbs …
China bars celebrities from endorsing products to boost ‘traditional virtues’
Chinese celebrities have been banned from endorsing a clutch of health and education services, signalling a new phase in President Xi Jinping’s campaign to overhaul the countrys …
China’s economy could rebound soon, but longer-term growth will be ‘deeply challenging’
Decoupling, a weak global economy and an expected reopening following years of strict Covid measures are factors affecting the outlook for China.
Apple supplier Foxconn quadruples bonuses to staff hit by China COVID lockdown
Apple supplier Foxconn said on Tuesday it has quadrupled bonuses on offer for workers at its Zhengzhou plant in central China as it works to quell employee discontent at the major iPhone manufacturing …
China Hongqiao: Plan to shift aluminium output on track despite Yunnan’s power woes
China Hongqiao Group will stick to its plan of moving 2 million tonnes of capacity to the country’s southwest by the end of next year despite recent electricity supply disruptions there, the world’s …
China property slump persists in October with falling prices, sales as COVID bites
China’s property market continued its slump in October, with private data showing home prices and sales falling, suggesting lacklustre sentiment and a bleak outlook amid strict COVID curbs, which hit …
China’s property crash sends billionaire founders heading to exits
Longfor Group Holdings Ltd.’s Wu Yajun resigned on Friday as executive director and chair, shortly after Soho China Ltd.’s Pan Shiyi quit in September …
China’s Economic Success Is Due More to Quantity of Production than Innovation
China’s investment in scientific research and technology intimidates U.S. officials who fear that the former’s emergence as an innovation powerhouse could eclipse America’s dominance as the leader in …
Asia’s Factory Output Weakens on Global Slowdown, China COVID Curbs
Asia’s factory output weakened in October as global recession fears and China’s zero-COVID policy hurt demand, business surveys showed on Tuesday, adding to persistent supply disruptions and darkening …
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