Amid multiple domestic and international reverses due to its zero-Covid policy and assertiveness, China is unlikely to meet its estimated GDP growth rate, according to World Bank …
Monthly Archives For January 2023
China central bank to maintain or increase policy-loan liquidity – Reuters poll
China’s central bank is likely to at least maintain current liquidity in the banking system on Monday through its management of medium-term policy loans, while keeping borrowing costs unchanged for a …
China stocks end at 4-month high on foreign inflows boost
There is mounting evidence that much of China’s population has already been infected and that disruption is already fading rapidly …
Live news: Crypto.com to axe 20% of global workforce after FTX collapse
Crypto.com said it would axe about 20 per cent of its global workforce in the wake of the collapse of FTX, as the Singapore-based cryptocurrency platform said it was facing “unforeseeable industry …
China COVID peak to last 2-3 months, hit rural areas next -expert
The peak of China’s COVID-19 wave is expected to last two to three months, and will soon swell over the vast countryside where medical resources are relatively scarce, a top Chinese epidemiologist has said.
China’s exports plunge as global demand weakens, but trade with Russia hits record high
China reported a record trade surplus for 2022, as its key export sector delivered robust growth for most of last year, providing much-needed support for the world’s second largest economy that’s …
90% of businesses accepting blockchain: data
According to a recent survey by CasperLabs and Zogby Analytics, businesses have a particularly positive attitude toward adopting blockchain technology. 603 business enterprise “decision makers” in the …
Beijing to launch cultural activities for Spring Festival
Beijing will launch over 4,000 cultural events from Saturday for the coming Spring Festival, said the Beijing Municipal Bureau of Culture and Tourism. According to the bureau, activities presenting …
Health officials urge China’s travelers to avoid visiting their elderly parents during Chinese New Year
China’s transit system is expected to carry over 2 billion passengers over the Chinese New Year holiday period.
Frustration is rising over Covid drug shortages in China, and there are no easy answers
As Jo Wang, an event planner in Beijing, watched her family members fall ill with Covid-19 one by one late last month she had a single goal: find antiviral pills to protect her elderly grandfather…
China’s 2022 trade with Russia hit record $190 billion – customs
China’s trade with Russia hit a record 1.28 trillion yuan ($190 billion) last year, the government said on Friday, even as Russia’s imports from the European Union fell on sanctions related to …
Coronavirus: Hong Kong aligns threshold for identifying negative cases with that of mainland China, Macau after standardising figure for labs
From Monday, people whose CT value is 35 or above will not be labelled as infected and have to isolate themselves, Centre for Health Protection says Patients with a CT value of 35 or above…
90% of people in China province infected with Covid, says local health official
Almost 90% of people in China’s Henan province have now been infected with Covid-19 as the country battles an unprecedented surge in cases, The Guardian reported citing a top official. The province’s …