Senior citizens greet with each other at a canteen for elderly people at a community in Jin’an District of Fuzhou, capital of southeast China’s Fujian Province, June 21, 2022. (Xinhua/Jiang Kehong) by …
Monthly Archives For November 2022
China: Overwhelming COVID cases could lead to ‘far more social instability,’ expert explains
China Beige Book International Managing Director Shehzad Qazi joins Yahoo Finance Live to discuss China’s zero-COVID policy and the economic ramifications of the restrictions, supply chain headwinds …
Will crypto survive? Sadly, the FTX debacle is unlikely to be the last
The most likely path is improved regulation of centralized exchanges, but making crypto safer means destroying the anonymity that makes it attractive.
China’s 26-storey pig skyscraper ready to slaughter 1 million pigs a year
The world’s biggest single-building pig farm has opened in Hubei province, but critics say it will increase the risk of larger animal disease outbreaks …
Daily COVID-19 cases in China reach record high despite strict lockdown measures
China reached a record number of daily COVID-19 cases, exceeding 30,000 this week for the first time ever despite the country’s strict lockdown measures.
Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave – source
Foxconn’s flagship iPhone plant in China is set to see its November shipments further reduced by the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday…
China and the US have plans for nuclear-powered moon bases
The South China Morning Post reports that China’s moon base will likely be nuclear-powered. Its basic configuration will consist of a lander, hopper, orbiter, and rover, …
Crypto Crisis Shrinks ETF Assets in Market That Embraced Them
Family Visits China Covid Cases Jump to Record High, Topping Shanghai Outbreak Canadian-traded crypto ETFs had just C$1.64 billion ($1.22 billion) in assets under management as of Nov. 18, according …
Daily COVID-19 tally in China tops 30K as officials scramble to contain virus
China reported more than 31,000 new COVID-19 cases on Thursday, a record level that comes as the country maintains its “zero COVID” approach roughly three years into the pandemic. China on Thursday …
China Orders Banks To Hold Less Cash To Shore Up Ailing Economy
China’s central bank on Friday cut the amount of cash that banks must hold in reserve for the second time this year, a move that will inject about 500 billion yuan ($70 billion) into the…
China’s widening COVID-19 curbs trigger public pushback
A pandemic prevention worker wears a protective suit as people line up to get swab tests at a testing booth as outbreaks of coronavirus disease (COVID-19) continue in Beijing, China, Novem …
China’s Covid Problem Is Getting Worse. It Has Global Consequences.
China reported a record number of new daily Covid-19 infections for a second consecutive day, with more than 32,000 cases registered on Thursday. Authorities, which have long adopted a zero-Covid …
Beijing on edge as city adds new quarantine centers
Uncertainty and scattered, unconfirmed reports of lockdowns in at least some Beijing districts have fueled demand for food and other supplies, something not seen in the city for months.
