Cryptocurrencies surged on Monday and are stable on Tuesday amid growing Wall Street chatter about peak inflation/Fed hawkishness.
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Shanghai prepares to move toward returning to normal after 2-month COVID-19 lockdown
The city of Shanghai in China is preparing to start easing COVID-19 restrictions on Wednesday after a two-month shutdown left the country’s most prosperous city at a standstill.
China economy: Beijing unveils detailed stimulus plan to offset coronavirus damage
China’s cabinet and various government departments have published details of a new stimulus plan aimed at supporting economic growth, covering trade, tax, infrastructure and financial policies.
Beijing man breaks Covid isolation ‘many times’, forcing entire community to be quarantined
This comes at a time when authorities in China are bracing to reopen the largest city Shanghai after a two month lockdown which has continued to wreak havoc in Beijing and torpedo …
Amid rising China incursions, Taiwanese Air Force pilot dies in 3rd crash this year
A Taiwanese Air Force pilot died Tuesday in a crash of his AT-3 trainer jet, marking the island’s third military plane accident of the year as China continues to apply pressure with frequent aircraft …
‘Hard to believe it’s actually happening’: Shanghai to lift COVID-19 lockdown
SHANGHAI: Shanghai authorities on Tuesday (May 31) began dismantling fences around housing compounds and ripping police tape off public squares and buildings before the lifting of a two-month lockdown …
China slowly lifting some COVID-19 restrictions
In this scenario, thousands of Beijing residents had to observe a strict quarantine because of a man who did not observe the isolation mandate and later tested positive for coronavirus …
Shanghai eases into gradually reopening from its COVID-19 lockdown
Shanghai authorities say they will take some major steps Wednesday toward reopening China’s largest city after a two-month COVID-19 lockdown that has throttled the national economy and largely bottled …
Beijing COVID-19 cases fall for 9th day, risks of resurgence persist during holidays
New COVID-19 cases in Beijing have fallen for nine consecutive days, but risks of a resurgence still exist as one new confirmed case was reported outside controlled areas in Changping district on …
Beijing, Shanghai relax Covid restrictions as cases decline
CNBC’s Eunice Yoon joins ‘Squawk Box’ to report how workers are commuting to their jobs amid China’s stringent zero-Covid policy.
Chinese state media signals tighter crypto regulations in Terra aftermath
The Chinese state-owned media outlet the Economic Daily published an article signaling China may impose further regulations on stablecoins after UST collapsed earlier in May.
Shanghai moves toward ending its costly 2-month COVID-19 lockdown
The coronavirus lockdown in China’s largest city has throttled the national economy and largely bottled up millions of people in their homes.
China’s Economic Downturn Shows Signs of Easing
The pace of economic decline in China slowed in May, but economists are skeptical about a big revival as long as the government takes a zero-tolerance approach to Covid-19 outbreaks …
