Anti-virus controls that are confining millions of Chinese families to their homes and shut shops and offices are spurring fears of further damage to already weak global business and trade.
Monthly Archives For November 2022
US receives stinging criticism at Cop27 despite China’s growing emissions
The country is highlighting China’s status as top polluter after being called out for climate inaction
JD.com to slash top exec salaries amid China’s ‘common prosperity’ push
China’s JD.com said on Tuesday it would cut the salaries of more than 2,000 senior managers by 10% to 20% next year to help pay for improved benefits for other staff amid the government’s “common…
GEW-China 2022 sects space and time with metaverse technology
The week-long 16th Global Entrepreneurship Week China 2022, or GEW-China 2022, concluded on Monday. Held for the first time with metaverse technology, the event broke free from time, space and …
US Trails China In The Digital Currency Race. Here’s Why
Over 100 countries are currently exploring Central Bank Digital Currencies (CBDCs), representing at least 95 per cent of the global economy. CBDCs are the digital version of an official currency. A …
Baozun Emerges From E-Commerce Shadows With Gap China Purchase
Baozun’s newly purchased Gap Greater China operation will become the cornerstone for its new brand management unit.
Pentagon chief raises concern about Beijing’s ‘dangerous’ behavior with Chinese counterpart
U.S. Defence Secretary Lloyd Austin on Tuesday emphasized the need to improve crisis communications during a meeting with his Chinese counterpart while raising concern about “increasingly dangerous” behavior by Chinese military aircraft.
China Says Reason for U.S.-China Situation Is Because U.S. Made Wrong Strategic Move
The main reason for the current situation facing China and the United States is because the U.S. made the wrong strategic judgment, Chinese defence minister spokesman Tan Kefei said on a social media account affiliated…
Asian shares recover but concerns over China may resume strict COVID curbs linger
Asian stock markets mostly recouped early losses on Tuesday, supported by improved sentiment for China shares, but concerns lingered that Beijing may reimpose strict COVID curbs that could cause supply chain disruptions.
Beijing sees record Covid cases as China outbreak worsens
BEIJING: China’s capital Beijing posted a record number of new Covid cases on Tuesday, with the city hunkering down under a tightening chokehold of restrictions that have sent schools online, closed …
Beijing reports 3 COVID-19 deaths as cases continue to surge across China
The Chinese ruling class is clearly stuck in a quandary, in which they are being economically compelled to lift Zero-COVID measures while knowing full well that the ensuing public health crisis could …
Oil prices edge up as softer dollar outweighs China demand concerns
SINGAPORE (Reuters) – Oil prices inched higher on Tuesday as the dollar eased, but global recession worries and concerns about China’s rising COVID-19 case numbers denting demand from the world’s top …
Hong Kong’s crypto push sets up race to bottom
Few cities in the world have expressed a desire to throw open cryptocurrency trading to retail investors since the devastating collapse of Sam Bankman-Fried’s exchange. That puts Hong Kong in a league …
