As China casts aside many Covid rules, it is also playing down the threat of the virus. The move could help ease the burden on hospitals but comes with its own risks.
Monthly Archives For December 2022
China’s Xi at Saudi palace to meet royals on Mideast trip
Chinese leader Xi Jinping met on Thursday with Saudi Arabia’s king and the crown prince while on a visit to the kingdom, solidifying ties with a region crucial to his country’s energy supplies as …
China Nov passenger vehicle sales drop 9.5%, first fall in six months – CPCA
China’s passenger vehicle sales fell for the first time in six months in November and are expected to stay flat next year, an industry body said on Thursday, as demand weakens faster than expected, …
China’s Weilong Delicious to raise $130.6 million in Hong Kong IPO
Chinese snack maker Weilong Delicious Global Holdings is set to price its shares at HK$10.56 each in its Hong Kong initial public offering to raise $130.6 million, according to two sources with direct …
Jack Ma quits as head of leading China business group
We’ll send you a myFT Daily Digest email rounding up the latest Chinese business & finance news every morning. Alibaba co-founder Jack Ma has stepped down as president of an important business group …
How Will China Turn its Economy Back On? The World is About to Find Out.
Strict “zero Covid” curbs have been smothering growth. After easing them, Beijing faces the twin challenges of rising caseloads and wary consumers.
China’s former CDC head predicts 90% of population could get COVID as Beijing eases restrictions: ’It’s going to be inevitable’
Experts are warning of a massive exit wave as Beijing abandons costly and unpopular COVID-zero measures, like lockdowns, isolation and mass testing.
China Mulls More Property Easing at Economic Meeting Next Week
Chinese authorities may further soften their stance on property policies at its key economic meeting next week after the Communist Party’s top decision-making body said it will seek a turnaround in …
Shanghai home to over 68,000 5G base stations
China’s financial hub Shanghai has built over 68,000 5G base stations so far, with all its 16 administrative regions covered by the 5G network, local authorities said on Wednesday. By the end of …
China Unicom To Sell Wi-Fi iPhones
Chinese telco China Unicom will sell its first Wi-Fi iPhones early next week, according to a published media report. Starting Monday, China Unicom will sell an 8-Gbyte iPhone 3GS with Wi-Fi …
China Resources Beer and BC Technology Group the big winners at IR Magazine Awards – Greater China 2022
China Resources Beer and BC Technology Group came out on top at the IR Magazine Awards – Greater China 2022, with each company picking up three prizes. The beverages firm walked away with best overall…
Asia week ahead: China data and central bank decisions in focus
Data reports from China, including industrial production, retail sales and fixed asset investment, are scheduled to be released on 15 December. Industrial production is expected to grow, but at a …
The Commodities Feed: Sentiment improves on more optimism from China
Sentiment in commodities markets has mostly improved after China announced that it is further relaxing its Covid-19 measures, including moving from …
