China’s tech hub of Shenzhen has imposed travel restrictions and is conducting widespread testing after the city confirmed one imported case over the weekend.
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China’s tech hub Shenzhen restricts travel and tests millions to stem Covid-19 after one case confirmed
China’s Shenzhen reports one new confirmed COVID-19 case
Health authorities of south China’s Shenzhen Municipality reported one confirmed COVID-19 case on Monday. Shenzhen has reported one confirmed case and 15 asymptomatic carriers since the recent …
US promises to give Taiwan 750,000 doses of Covid-19 vaccine, but senators’ visit is likely to further anger Beijing
The United States will donate 750,000 doses of Covid-19 vaccines to Taiwan, three American senators visiting the island promised on Sunday. Their visit coincides with growing cross-strait tensions …
China buys fewer American goods in May; trade surplus grows
China bought fewer American products in May versus the prior month, while exports to the U.S. rose, according to customs data released Monday.
China Evergrande says it is arranging payment for unpaid commercial paper
Indebted property developer China Evergrande Group said on Monday that it was arranging payment for some of its project companies’ commercial …
In China, a little-known EV maker is leaving Tesla in the dust
Since last July, a little-known automaker in China’s southwest has dominated the world’s largest electric car market, outselling bigger players and even Tesla Inc. almost every month with a tiny, bare …
China Exports Holding Up Quite Well, BofA’s Qiao Says
Helen Qiao, head of Asia Pacific economics and chief Greater China economist at BofA Global Research, discusses the outlook for China’s economy and currency. China’s exports continued to surge in May, …
FTSE 100 set for flat start to week as China exports slow
The FTSE 100 index was set to start the week on a cautious note along with the rest of Europe amid concerns over global trade. Data from China this morning showed export growth slowed more…
METALS-London copper eases as China exports data fans demand concerns
London copper prices fell on Monday, as a lower-than-expected Chinese exports data sparked concerns of weakening demand for the red metal, which is often considered a bellwether of the global economy …
China’s Supply Chain Frontliners Bear Brunt of Surging Costs
China’s factories, power plants and farms are fielding the worst effects of a surge in commodity costs that’s yet to hurt the wallets of the nation’s citizens.
Asia stocks mixed; China’s May exports misses forecasts
China’s exports in dollar terms rose 27.9% in May as compared with a year earlier, according to customs data released Monday.
China’s imports grow at fastest pace in a decade as commodity prices surge
China’s imports grew at their fastest pace in 10 years in May, fueled by surging commodity prices, while export growth missed expectations.
China May iron ore imports down 8.9% m/m amid rising overseas demand
China’s iron ore imports in May fell 8.9% from a month earlier, official customs data showed on Monday, as shipments from major miners were at lower seasonal levels while recovering overseas markets …
