Oil prices rebounded on Tuesday, drawing support from robust China data although concerns about waning demand elsewhere and supply resumptions in Norway, the Gulf of Mexico and Libya weighed. ( read original story …)
Tagged By shenzhen
Qingdao coronavirus outbreak ‘won’t derail’ China’s economic recovery
A coronavirus outbreak in the eastern city of Qingdao, home to one of the world’s busiest ports, “won’t derail” China’s economic recovery but does represent a stern reminder of the dangers that still … (…
Mass Testing: China Doubles Down on Its Covid-19 Control Plan
Mass testing has become a major part of how the Chinese government plans to eradicate coronavirus and keep the economy on track. WSJ’s Chao Deng explains how the tourist city of Qingdao wants to test…
GLOBAL MARKETS-Shares struggle as coronavirus overshadows China data
European shares struggled on Tuesday as worries over the coronavirus pandemic overshadowed Chinese trade data that pointed to a buoyant recovery, while the U.S. dollar edged away from a three-week low … ( read original…
China city says it’s tested 3 million for virus
The reason for the discrepancy was not immediately clear. China’s methods for logging and reporting of virus numbers has been questioned since the pandemic first began late last year in its city … ( read…
GLOBAL MARKETS-Shares slip as coronavirus worries overshadow positive China data
European shares fell on Tuesday as worries over the coronavirus pandemic overshadowed Chinese trade data that pointed to a buoyant recovery, while the U.S. dollar edged away from a three-week low. The … ( read…
Coronavirus: China calls off top international air show
China has cancelled its biggest air show for this year because of the coronavirus pandemic. Airshow China – held every two years in the southern city of Zhuhai – is a chance for some of…
K-pop boy band BTS faces boycott calls in China over Korean War comment
Some Chinese are upset after singer pays tribute to U.S. troops in the conflict, prompting brands to minimize potential economic fallout. ( read original story …)
Renminbi gains as China strengthens
But, after blundering badly when it covered up the initial outbreak of Covid-19 in Wuhan, China contained the virus more swiftly than most countries thanks to a fierce lockdown. As a result, the … (…
U.S.-China Trade Soars by a Fifth, Despite Trump Tariffs
The world’s second largest economy saw its trade growth accelerate in September. Exporters reaped the benefits of record demand for masks and medical supplies and received a boost from China’s early … ( read original…
Hong Kong’s leader ‘doesn’t mind’ Shenzhen’s rise, as central government heaps incentives on mainland ‘model city’
Hong Kong’s leader has said she does not mind that Shenzhen has surpassed its GDP, adding that rather than seeing the neighbouring tech hub as a competitor, she hopes Beijing will allow the two cities…
Shenzhen residents embrace digital currency
China’s central bank has issued 10 million yuan ($1.5m; £1.1m) worth of digital currency to 50,000 people in the Shenzhen area via a lottery. The move is the latest in a series of trials testing…
Asia Today: China city says it’s tested 3 million for virus
Authorities in the eastern Chinese port city of Qingdao said they have completed coronavirus tests on more than 3 million people following the country’s first reported local outbreak of the virus in n … (…
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