China is facing a fresh spike in Covid-19 cases. There were 28,127 fresh cases on Tuesday morning, of which 25,902 were without symptoms. It is reckoned that in the last three weeks, there have been…
Monthly Archives For November 2022
Workers clash with police at iPhone factory in China
HONG KONG — Violent clashes erupted Tuesday night between workers and hazmat-suited police officers at China’s so-called “iPhone city,” where about half of Apple’s smartphones are assembled.
Surge in outbreaks tests China’s easing of zero-COVID policy
Cities are once again locking down thousands of neighborhoods and sending people into quarantine, even as local Chinese authorities are tasked with easing COVID restrictions.
China’s state banks seek to boost property sector with $30bn in credit lines
China’s state-owned banks have launched a concerted effort to strengthen the finances of the country’s struggling property developers, with more than Rmb220bn ($30.7bn) being announced on Wednesday in …
Beijing Urges Chinese Banks To Offer More Real Estate Loans
Chinese financial authorities on Wednesday urged the country’s banks to facilitate more lending to the real estate sector, in a new attempt at stemming a housing market crisis.
Crypto Faces More Bad News, Government Crackdown
A cryptocurrency analyst says watch out for a domino effect as New York’s governor signs a crypto-mining-moratorium bill into law.
Violent protests take place near an iPhone factory in China
Footage taken near a Foxconn factory in the streets of the Zhengzhou Airport Economy Zone showed large groups of people blocked roads during their protest.
Abhijit Bhattacharyya | Trading with enemy: What drove Germans to Beijing
Mighty Berlin’s submission to Beijing durbar was also symbolic of the shifting reality of geopolitics Trading with the enemy or getting married to the enemy’s daughter is neither new nor unknown across human history.
WATCH: Violent protests at Apple’s main iPhone factory in China over COVID policy, alleged lack of payment
Workers at the Zhengzhou plant claimed that management forced them to live with COVID-positive employees and planned to cut payments in a breech of contract.
China signals promotion of financial cooperation with foreign firms
“Opening-up has remained China’s fundamental strategy, and our financial industry is ushering in a phase of high-level opening-up,” Guo Shuqing, chairman of the China Banking and Insurance Regulatory …
Macron chooses China over the US, rebuking Biden’s state visit honor
In one week, President Emmanuel Macron of France will travel to Washington to attend a state visit at President Joe Biden’s invitation. The president of the Fifth Republic doesn’t appear keen to …
Protests Erupt at World’s Largest iPhone Factory as China Tightens COVID-19 Controls
Videos and postings on Chinese social media say employees at the world’s biggest Apple iPhone factory have been beaten and detained in protests over contract disputes amid anti-virus controls.
Workers Protest COVID-19 Lockdown, Pay at ‘iPhone City’ in China
The Zhengzhou, China factory is the producer of something like half the company’s iPhones. It’s been rocked by continued worker unrest which reportedly escalated early Wednesday.
