More than a year after China’s property crisis began, the government has finally changed its tune on the best way to overcome it. In its initial stages, which were dominated by the default of heavily…
Monthly Archives For December 2022
China’s Covid crisis shows limits of autocracy
It was the speed of the reversal that was so telling. Less than a month ago, China was insisting its “zero Covid” policy remained the only way to face down the …
U.S. Weighs COVID-Prevention Measures for Travelers From China -Bloomberg News
The United States is considering taking new COVID-19 precautions for people traveling from China, Bloomberg News reported on Tuesday, citing U.S. officials. The government is concerned about the surge …
Asia-Pacific shares poised to drop as investors continue to digest China’s reopening news
This is CNBC’s live blog covering Asia-Pacific markets. Asia-Pacific shares are set to open mixed following losses on Wall Street while investors continue to further digest China’s rollback on Covid …
The US military is planning for a ‘transformative’ year in Asia as tensions with China continue to rise
Amid rising tensions with China, the US military has sought to bolster its presence in Asia. US forces there may see the “most transformative year” in a generation in 2023, a US official said. Major…
China Sets New Risk Rating System for Foreign Bank Operations
China’s top bank regulator Tuesday unveiled rules to upgrade its risk rating system for foreign banks’ operations in the country, outlining criteria for risk management and access to the capital of …
Foreign firms welcome China’s decision to end quarantines for travelers from abroad
Foreign companies welcomed China’s decision to end quarantines for travelers from abroad as an important step to revive slumping business activity while Japan on Tuesday joined India in announcing …
Tesla shares tumble as COVID-19 slams China
Tesla on Saturday suspended production at its plant in Shanghai, according to Reuters, which said that workers at the facility, as well as at some of its suppliers, had contracted COVID-19. China is grappling with…
CBA : Beijing upset Liaoning, Shenzhen win 8th straight
The Beijing Ducks nipped defending champions the Liaoning Flying Leopards 81-78, while the Shenzhen Aviators overcame the Shanxi Loongs 104-94 for their eighth consecutive win in the Chinese …
As China lifts COVID-19 curbs, people should refrain from traveling unless ‘absolutely necessary’: Expert
As part of its lifting of pandemic restrictions, China will scrap quarantine measures for overseas arrivals starting Jan 8.
Experts worry China’s COVID-19 wave could spur new variant
The COVID-19 crisis in China is creating more opportunities for the virus to change, spurring concern that a new variant could emerge, CBS News reported Dec. 25. “China has a population that is very large…
China to Open Borders as Covid-19 Cases Rise
Beijing plans to lift quarantine requirements on international arrivals early next month, taking one of its biggest steps to ease restrictions since the pandemic began even as case numbers remain high.
COVID-19: US intelligence report reveals China’s biological weapons ambition
China had revealed its biological weapons ambitions long before the COVID-19 pandemic hit the world, according to a new US intelligence report.