China: In the past few days, people have been captured fleeing shops – including a Shanghai branch of Swedish furniture giant Ikea – and workplaces as they try to avoid being trapped inside.
Monthly Archives For November 2022
China’s CIFI suspends all offshore debt payments, starts restructuring process
Shanghai-based property developer CIFI Holdings said on Tuesday it has suspended payments on all of its offshore debt after it failed to reach an agreement with creditors to which it owes payments of …
Live news updates: China regulators put tough curbs on celebrities endorsing products
The new rules ban celebrities from endorsing the products via social media, television commercials, live streams or interviews. “Celebrities should consciously practice socialist core values in …
China’s Oct Factory Activity Shrinks as COVID Curbs Hit Output, Demand – Caixin PMI
In line with China’s official PMI, which unexpectedly fell into contraction last month, waning factory activity weighed on the fragile recovery of the world’s second-biggest economy amid a deepening …
Credit Suisse eyes China’s booming wealth management industry as Swiss bank goes back to its roots
The 166-year-old Swiss bank sees the sector as a key focus of a ‘radical’ restructuring that aims to return it to its core foundation, according to chairman Axel Lehmann.
Australia news live: China warns ‘arms race’ could follow Australian B-52 bomber deployment; Reserve Bank tipped to deliver Cup day rate rise
Aussie firm turns classic cars electric An Australian startup adding modern technology to classic Land Rovers will become part of one of the biggest electric vehicle conversion companies in the …
Oil prices edge lower as China COVID-19 woes dampen demand
Oil prices inched lower on Tuesday, extending losses of 1% from the previous session as more extensive COVID-19 curbs in China increased fears of slowing fuel demand in the world’s second-largest oil …
Australia news live: China warns ‘arms race’ could follow Australian B-52 deployment; Reserve Bank tipped to deliver Cup day rate rise
Recent rainfall causing major to moderate flooding in Victoria Tim Wiebusch from Victorian SES has provided an update on how specific Victorian communities are faring: In the last 24 hours we …
Credit Suisse plans to push ahead with China expansion after overhaul
Credit Suisse is forging ahead with expansion in China, with the country and Hong Kong set to see strongest pace of headcount growth in Asia, its regional head said, even as the Swiss bank’s …
China Locks Down More Than 232 Million, Isolates Macau Hotel As “Zero-Covid” Policy Continues
The Chinese economy is already struggling because of the nation’s “Zero-Covid” policy, which continues to enforce absolute shutdowns because of small Covid-19 outbreaks. Today, …
China Launched the Final Module for Its Space Station
The lab module was launched aboard a Long March 5 rocket, which is expected to make a risky uncontrolled reentry through Earth’s atmosphere.
Global Bankers Fly Into Hong Kong Amid Growing US-China Tensions
Some of the biggest names on Wall Street are descending on Hong Kong in their first trip since the pandemic began, defying criticism by US lawmakers amid growing tensions with China.
Workers Are Fleeing from Foxconn, China’s Biggest iPhone Factory, by Climbing Over Fences and Walking Down Highways on Foot Amid COVID Fears, Photos and Videos Show
Dramatic video show workers at China’s largest iPhone factory fleeing in droves to escape amid strict covid lockdowns.
