GENEVA/PARIS, Dec 6 (Reuters) – China’s return to the skies as it eases COVID-19 restrictions is ramping up concerns about congestion and possible trade tensions as far away as Europe, as carriers …
BUSINESS
China rocked by widespread protests over zero-Covid policies—Here’s how it happened
Protests have broken out across China over the country’s ultra-strict zero-Covid policies. Anti-government demonstrations like these are a rarity in China. Here is a timeline of the recent unrest.
Flagship of China’s ‘Godfather of Cardiovascular Surgery’ Slices Towards IPO
OrbusNeich Medical has been approved for a Hong Kong IPO, and plans to use listing proceeds to boost its stable of more than 40 products approved over two decades …
GRAINS-Wheat, corn firm on bargain-buying, China’s COVID easing supports soy
Chicago wheat and corn inched higher on bargain-buying on Tuesday, a day after a steep drop sent wheat prices to 13-month lows, although bearish factors kept a lid on price rises. Soybeans rose on …
China’s Xi To Visit Saudi Arabia From Wednesday: Saudi State Media
Chinese President Xi Jinping will arrive in Saudi Arabia on Wednesday for a three-day visit, his first to the world’s biggest crude oil exporter since 2016, Saudi state media reported on Tuesday.
China begins to relax Covid policy, lifting restaurant and seafood stock prices
There’s been a surge in the share prices of Chinese stocks listed in Hong Kong and the U.S., a sign investors are optimistic China is beginning gradual shift away from its zero-Covid policy. Following …
Israeli Firms Eye Turkey Imports As China Shipping Costs Rise
Israeli businesses are seeking to increase imports from Turkey because maritime shipping costs are making supplies from China expensive.
The world will gain enough renewable energy in 5 years to power China, says IEA
The European Union now prohibits Russian crude oil imports by sea, setting up the bloc to have phased … Policy and market reforms in China, the United States and India are also driving the growth…
iPhone maker Foxconn reports slump in revenue after unrest and Covid outbreak at key China plant
Foxconn reported a slide in November revenue, with a “portion of shipments being impacted” by the Covid outbreak in Zhengzhou, where it makes iPhones.
Deutsche Bank upgrades Estee Lauder, says cosmetics stock will get a boost from China reopening in 2023
The firm said the increased likelihood Beijing will ease Covid restrictions next year raises confidence in the stock.
China cuts fines on a range of ride-hailing violations to help bolster the industry’s legal framework after Didi’s debacle
The transport ministry and five other agencies made revisions to the rules covering the administration of online taxi-booking business operations The revisions did not change existing penalties …
US Risks Stoking Inflation If Carbon-Linked Tariffs Hit China
China’s steel and aluminum exports are under attack once again, as the US and European Union weigh new tariffs linked to carbon emissions.Most Read from Bloomberg‘Huge, Missing and Growing:’ $65 Trill …
China’s Factories Struggle With Slow Dismantling of Covid Curbs
Before October, Qiang had about 30 workers in his garment factory in Guangzhou’s Haizhu, a district often dubbed the apparel manufacturing capital of China. After more than a month of Covid lockdowns, …