The official manufacturing Purchasing Manager’s Index (PMI) was at 49.6 in September versus 50.1 in August, data from the National Bureau of Statistics (NBS) showed on Thursday, slipping into contract …
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China manufacturing unexpectedly shrinks to lowest level since COVID-19 outbreak
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China’s manufacturing PMI edges down to 49.6 in September
The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 49.6 in September, edging down from 50.1 in August, data from the National Bureau of Statistics (NBS) showed Thursday.
U.S. should do ‘exact opposite’ of China on crypto, says Andreessen Horowitz’s Katie Haun
At CNBC’s Delivering Alpha conference on Wednesday, investor Katie Haun said the U.S. should see China as a cautionary tale when it comes to regulating crypto.
Foreign businesses in China rattled by ‘hostage diplomacy’
Huawei executive Meng Wanzhou’s return from Canada this week was lauded as a diplomatic triumph in China, but the celebrations left a bad taste for the expat business community, already rattled by the …
China’s Manufacturing Weakens for First Time Since Covid-19 Erupted
The contraction ended an 18-month expansion that powered the country’s recovery from the pandemic, with power curbs in hubs threatening further disruption.
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China’s northeastern Heilongjiang province reported only six symptomatic local Covid-19 cases for September 29, its National Health Commission said on Thursday, the lowest count since the local …
China manufacturing activity contracts as power shortages bite
Manufacturing activity in China suffered its first official contraction since the beginning of the coronavirus pandemic as widespread power shortages compounded a loss of momentum across the country’s …
China power cuts: What is causing the country’s blackouts?
China is struggling with a severe shortage of electricity which has left millions of homes and businesses hit by power cuts. Blackouts are not that unusual in the country but this year a number of…
China factory activity shrinks for first time since February 2020
Chinese factory activity contracted in September for the first time since the height of its initial coronavirus outbreak in February 2020, official data …
Power cuts roil China, threatening growth and supply chains
From southern factories hustling to meet Christmas export orders to residents of northern towns panic buying candles, China is suffering widespread power cuts that threaten growth in the world’s …
Beijing will open next year’s Winter Olympics to fans — but only if they live in China
Winter Olympics will be open to spectators — but only if they live in mainland China, the International Olympic Committee (IOC) said Wednesday, as organizers gave a first glimpse into the country’s …
China will open Beijing 2022 Winter Olympics to fans — but only mainland residents
The Beijing 2022 Winter Olympics will be open to spectators — but only if they live in mainland China, the International Olympic Committee (IOC) said Wednesday, as organizers gave a first glimpse …
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