The official manufacturing PMI, a gauge of factory activity in which a reading of 50 separates monthly expansion from contraction, fell to a five-month low of 49.5. The non-manufacturing PMI dropped …
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China PMI contracts as Covid outbreaks spark lockdowns
Asian stocks fall after China manufacturing weakens
Asian stock markets sank Thursday after Chinese manufacturing weakened and Russian shelling around Ukraine’s capital shook hopes of progress in peace talks. Shanghai, Hong Kong and Tokyo declined …
Ukraine war: why market unease over China’s friendship with Russia is overblown
Capital outflows from China have surged since the Ukraine war erupted, amid concern about Beijing’s relationship with Moscow However, sentiment was deteriorating sharply before the Russian invasion, …
China oil giant CNOOC plans $5.5 bln Shanghai listing amid heightened geopolitical risks
SHANGHAI: CNOOC Ltd, China’s top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing …
WeChat bans NFT accounts, citing ‘crypto speculation’
WeChat has blocked more than a dozen accounts belonging to NFT marketplaces from its social media platform, citing prevention of “crypto speculation.” …
COVID-19 Live Updates: Asymptomatic Cases On The Rise In Shanghai As Stealth Omicron Sweeps Across China
China imposed a phase-wise lockdown in its biggest city Shanghai. The city is home to over 26 million people. Follow TheHealthSite.com for all the latest updates on COVID-19.
Australian ambassador denied entry to Beijing trial of Australian TV host Cheng Lei
Australia’s ambassador to China says he has been denied entry to the Beijing trial of an Australian TV host accused of sharing state secrets, the latest development in an opaque case analysts worry …
Measuring the Market Power of China’s Medical Product Exports
During the COVID-19 pandemic, medical products have been crucial to the global fight against the disease. As a major manufacturing country, China occupies an important position in the medical products …
1st LD: China’s non-manufacturing PMI down in March
A staff member makes takeout food at a restaurant in Xi’an, capital of northwest China’s Shaanxi Province, Jan. 13, 2022. (Xinhua/Li Yibo) BEIJING, March 31 (Xinhua) — The purchasing managers’ index …
China reports 1,803 new cases of Covid-19 cases in last 24 hours
China reported 1,803 locally transmitted COVID-19 cases in the last 24 hours, the National Health Commission said on Thursday.
China’s manufacturing, services sectors witness downfall in March amid COVID-19 pandemic
As China is at peak of the COVID-19 pandemic, the country’s manufacturing and services sectors have witnessed a downfall in the month of March, an official survey showed on Thursday. The official …
Fourth Wave of COVID-19 : ‘Can’t Even Think of Removing Mask’, Says Maharashtra Health Minister As Cases Surge In China
Maharashtra was the worst-hit state in the ferocious second wave of COVID-19 which swept the country in early 2021.
Australian ambassador blocked from journalist’s Beijing trial
Australia’s ambassador to China has been denied entry to a Beijing court that is trying a journalist on suspicion of supplying state secrets overseas. Cheng Lei, an Australian citizen who worked for …
