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Covid-19

Covid-19

Hong Kong’s Soaring Deficit Piles Pressure on Upcoming Budget

The financial hub's government spent in excess of $76 billion fighting the spread of Covid-19 and providing economic relief to…

1 year ago

China’s Provinces Splashed $50 Billion on Covid Curbs in 2022

China's biggest provincial economy, Guangdong in the south, spent $10 billion last year, including vaccinations, PCR testing and subsidies for…

1 year ago

Beijing, Shanghai Resume ‘Normal Routine’ Amid Raging Covid

Subway trains in Beijing and Shanghai were packed, while some major traffic arteries in the two cities were jammed with…

1 year ago

China Factory Hub Zhejiang to See 2 Million Daily Covid Cases

Analysts have warned the world's second-largest economy is "entering the most dangerous weeks of the pandemic"

1 year ago

250 Million Chinese Caught Covid in 20 Days, Say Officials – FT

At least 37 million people caught the virus on Tuesday alone, according to data presented in a closed-door meeting

1 year ago

Corporate China in ‘Deep Trouble’ as Covid Infects Workforce

China's "closed loop" system, which had been relied on by many factories throughout the zero-Covid era, is also beginning to…

1 year ago

Covid Cases Surge in China as Officials Continue Easing Curbs

Analysts say China is ill-prepared for a fresh wave of infections, with little exposure to a disease kept largely in…

1 year ago

Covid Risk Keeps Businesses Shut Even as China Eases Curbs

Cities that were already battling their most severe outbreaks saw a sharp decrease in economic activity after rules such as…

1 year ago

China Makes Most Sweeping Changes Yet to Anti-Covid Policy

Beijing's loosening of rules that have hobbled the world's second largest economy is being seen as the strongest sign yet…

1 year ago

Beijing Ready For ‘Life Again’ as Lockdowns Lift Across China

Analysts predict China may now re-open the economy and drop border controls sooner than expected next year, with some seeing…

1 year ago

iPhone Maker Foxconn Set to Quadruple India Plant Workforce

Foxconn's India expansion is central to Apple's efforts to shift production away from Covid-hit China

1 year ago

China Confirms Order of 140 Airbus Jets Worth $17 Billion

China's 'Big Three' state airlines pledged to buy a total of 292 Airbus jets in July, making it the biggest…

1 year ago