In the first quarter of the year, the Chinese economy contracted by 6.8%, the first drop since Beijing began reporting quarterly GDP growth in 1992. ( read original story …)
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Coronavirus speeds up American suppliers’ exodus from China
Seventy-six percent of U.S. CFOs with production in China say at least some manufacturing will shift out of the country. ( read original story …)
China LGBTQ Dating App Blued Files for Nasdaq IPO in Pride Month
The owner of Blued, China’s biggest LGBTQ dating app, has filed for a U.S. initial public offering. Beijing-based BlueCity Holdings Ltd. listed a $50 million offering size in a Tuesday filing with the … (…
Outbreaks in Beijing and New Zealand highlight perils of relaxing rules
Staying Covid-19 free requires social and economic losses that few countries can make for long … ( read original story …)
Schools Shut in Beijing as Coronavirus Flares
The Chinese capital announced that it would step up its emergency footing in an effort to stamp out an outbreak of infections. ( read original story …)
India-China Border Conflict: What We Know So Far
Weekslong tensions between China and India turned deadly this week. Here is what we know about the clashes in a remote Himalayan area that could significantly worsen relations between the neighbors. ( read original story…
Coronavirus latest: Beijing describes new outbreaks in the city as ‘very severe’
ECB’s Fabio Panetta says the governing council ‘if necessary’ will discuss purchasing bonds that have lost their investment grade rating, a drop in demand for oil looks set to last into 2021 and econo ……
CORRECTED-China reports 40 new coronavirus cases in mainland, 27 in Beijing
Mainland China reported 40 new confirmed coronavirus cases for June 15, down from 49 a day earlier, the National health authority said on Tuesday. The NHC reported 8 new imported coronavirus cases in … (…
IPO Update: Genetron Holdings Files Proposed IPO Terms
Genetron Holdings aims to raise $162.5 million in a U.S. IPO. The firm provides a range of cancer diagnostics and related services in China. GTH has suffered te … ( read original story …)
China keen to seek benefits from pandemic, distressed U.S. assets: report
U.S. lawmakers and policymakers should be wary of China’s moves to target vulnerable U.S. assets and expand its market share in the wake of the global economic crisis triggered by the novel … ( read…
China closing schools, colleges in Beijing again as coronavirus outbreak grows
China is closing all schools and colleges in its capital of Beijing as a growing coronavirus outbreak there has now infected more than 100 people. ( read original story …)
Beijing Imposes Partial Travel Ban, Closes Schools Over Virus Outbreak
Beijing on Tuesday urged its residents to not leave the city and closed schools again as authorities scramble to contain a “severe” new coronavirus outbreak in the city of 21 million people. The … (…
Beijing puts fresh curbs to stop spread of coronavirus out of Chinese capital
Beijing authorities imposed more restrictions to stop the spread of a fresh outbreak of coronavirus in the Chinese capital to other provinces, banning outbound travel of high-risk people and … ( read original story …)
