China

China Must Ease Covid Rules to Revive Economy: IMF – SCMP

 

The International Monetary Fund (IMF) urged China to ease its strict Covid policy to revive its economy, the South China Morning Post reported.

The IMF identified China’s Covid restrictions as a major deterrent for investors, said the report, and a key risk to its economy alongside a property market slump and external demand.

Read the full report: The South China Morning Post.

 

 

Read more:

 

China’s Covid Surge Sees Beijing, Shanghai Tighten Curbs

 

Guangzhou Plans 250,000 Quarantine Beds as Covid Spreads

 

China’s Key Money Rate Sinks Close to 2-Year Low

 

 

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

Recent Posts

PwC Probed For ‘Enabling Evergrande Misconduct For Years’

PricewaterhouseCoopers, one of the Big Four auditors, had been Evergrande’s auditor since 2009, when the…

13 hours ago

Taiwan Shaken by 200 Quakes, TSMC Operations Unaffected

The island has now been hit by more than 1,000 aftershocks following the deadly April…

13 hours ago

Huawei Takes Another Bite Out of Apple’s Market Share in China

Huawei looks set to become the No-1 smartphone seller in China this year, backed by…

17 hours ago

US to Sanction Chinese Banks Helping Russian War — WSJ

Secretary of State Antony Blinken is set to fly to Beijing to outline this threat…

18 hours ago

‘Bad Bot’ Attacks Surge, Gaming Sector No1 Target – Entrepreneur

Bots, which are used in data scraping raids and spamming operations, are also a problem…

18 hours ago

Hang Seng Boosted By Wall St Tech, Weak Yen Lifts Nikkei

Investor attention shifted to US tech giants and their imminent earnings reports though Middle East…

19 hours ago