China will drop a travel tracing requirement as part of an uncertain exit from its strict “zero-COVID” policies that have elicited widespread dissatisfaction. At midnight on Monday, the smart phone …
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‘Please Protect Yourself’: China Wrestles With COVID Surge
Three years into the pandemic, China is moving slowly to align with a world that has largely opened up to live with COVID, making a major policy change last Wednesday after unprecedented protests …
China scraps tracking app amid widespread dismantling of zero-Covid policy
Health authorities sound warning on infection rate, with hundreds of thousands of doctors redeployed across the country …
Hong Kong IPOs go back to a less luminous future
Hong Kong’s bankers and officials fantasise about the moment China finally ditches its Covid-19 restrictions. The mainland’s reopening is crucial to reviving the city’s capital markets. But even that …
Businesses in China’s Wuhan face fresh worries after COVID easing
Infections are delivering a fresh kick in the teeth for many small businesses in China’s central city of Wuhan, despite the easing of most stringent curbs last week.
China’s shadow banks scramble for new business as property credit collapses: report
One shadow banking employee saw his yearly pay plunge from $500,000 to $34,000. Chinese shadow banks’ are seeing their single biggest revenue stream dry up in the wake of a collapse in capital demand …
Shenzhen Global Investment Promotion Conference held, attracted investment of 879 billion yuan
From 2019 to 2021, the Shenzhen Global Investment Promotion Conference witnessed the cumulative negotiation and signing of more than 600 projects; these have resulted in a total intended investment of …
China COVID infection fears fuel medical stock bets
Investors snapped up shares of Chinese drugmakers, mask producers, antigen test companies and funeral service providers on Monday, amid fears of soaring mass infections following China’s pivot away from strict zero-COVID policies last week.
China says it’s moving to buy oil and gas in the yuan — a move that could threaten the dollar’s global dominance in the long run
It’s not clear if the Gulf nations are taking up the proposal, but Saudi Arabia has been in talks to use the yuan to settle its energy sales to China.
China Property Stress Is Far From Over Despite Gains: In Charts
China’s property stocks are starting to enjoy the country’s reopening rally. But a closer look at the nation’s home sales data provide a reality check that the recovery will likely be a slow process.
Beijing sees sharp drop in economic activity
Beijing’s Covid-19 gloom deepened on Sunday with many shops and other businesses closed, and an expert warned of many thousands of new coronavirus cases as anger over China’s previous Covid policies …
India is trying to become the new factory of the world, but it could take more than a global pandemic to unseat China from its 40-year reign
China has managed to build up a value chain so extensive that almost everything required to make a product can be sourced and acquired in the country.
China to abolish its Covid-19 trace tracking service, the ‘Mobile Itinerary card,’ on Tuesday, officials say
China will abolish its Covid-19 trace tracking service, the “Mobile Itinerary card,” on Tuesday, officials say.