Profits at China’s industrial firms grew for a third straight month and at the fastest pace since June 2018, marking a bright spot in the economy as the manufacturing sector slowly recovers from its ……
Tagged By covid-19
China Has Troubles of Its Own
Its economic growth is likely to slow dramatically as its population ages and labor force shrinks. ( read original story …)
China reports 8 new COVID-19 cases vs 15 a day earlier
China reported eight new COVID-19 cases in the mainland as of Aug. 26, down from 15 a day earlier, the country’s health authority said on Thursday. ( read original story …)
China’s Xpeng increases U.S. IPO size to $1.5 billion, say sources
Chinese electric vehicle maker Xpeng has increased the size of its U.S initial public offering (IPO) to about $1.49 billion, according to two sources with direct knowledge of the matter. ( read original story …)
Australian PM says proposed foreign veto powers not aimed at China
A proposed Australian law that would give the federal government powers to cancel any agreements local authorities and public institutions make or have made with foreign governments is not aimed at … ( read original…
China reports eight new COVID-19 cases vs 15 a day earlier
China reported eight new COVID-19 cases in the mainland as of Aug. 26, down from 15 a day earlier, the country’s health authority said on Thursday. ( read original story …)
Alibaba puts India investment plan on hold amid China tensions
China’s Alibaba Group will not put in fresh funds to expand its investments in India for at least six months, amid souring business relations and rising political tensions between the two nations … ( read…
Air Travel Within China is Nearly at Pre-Pandemic Levels: Live Updates
Domestic air travel in China has almost fully recovered from the pandemic. Powell will provide an update tomorrow on the Fed’s policy review. Tech rally extends Wall Street’s record streak as … ( read original…
Brazil asks China for proof chicken wings had coronavirus
Brazil has asked Chinese authorities to provide results of laboratory tests that detected traces of the novel coronavirus on chicken wings exported by the South American country, according to a … ( read original story…
China’s Ailing Factories Need a Little Christmas Cheer
Nobody has canceled any orders in the last six to eight weeks, so everybody is being very optimistic that Christmas will happen,” says Cave, whose company is one of the world’s biggest manufacturers … (…
US moves against Chinese officials over South China Sea
The Trump administration said Wednesday it is imposing sanctions on Chinese officials responsible for Beijing’s military build-up in the South China Sea. The move is the … ( read original story …)
China Calls It A ‘Wartime Mode’ COVID-19 Lockdown. And Residents Are Protesting
Across China, life has largely returned to normal — except in the western region of Xinjiang. Some 22 million people have been under heavy lockdown since July — and they’re questioning its severity. ( read…
Expensive school in China partly demolished following reports
An upscale middle school that may have cost as much as $100 million has been partly demolished, following public criticism. ( read original story …)
