Many Chinese are marking a quiet May Day holiday this year as the government’s “zero-COVID” approach restricts travel and enforces lockdowns in multiple cities. All restaurants in Beijing are closed Continue Reading
Chinese regulators have held an emergency meeting with domestic and foreign banks to discuss how they could protect the country’s overseas assets from USled sanctions similar to those imposed on Continue Reading
Covid-19 lockdowns across China are shaking western multinationals’ production lines, snarling supply chains and threatening financial forecasts as Beijing steps up its effort to contain a surge in coronavirus cases. Continue Reading
As the lockdown of Shanghai and outbreaks in Beijing and elsewhere batter the economy, China’s leader keeps a distance from the politically charged issue. A worker registering for a Covid Continue Reading
China and the United States are racing for control over the global electric and autonomous vehicle supply chains. The countries that take the lead in this race may very well Continue Reading
As new Omicron variants further infiltrate the U.S., a jumble of signals suggest the latest increase in Covid-19 infections hasn’t sparked a commensurate surge in severe illness even as risks Continue Reading
China’s economic activity contracted sharply in April as the lockdown of Shanghai and other areas around the country to contain a widespread Covid-19 outbreak closed factories, snarled roads and stopped Continue Reading
Coronavirus cases and hospitalizations are rising in a majority of American states, in what appears to be the first widespread increase since the peak of the Omicron surge in January. Reports Continue Reading
Iran’s oil exports jumped by 30 percent from last year to 870,000 barrels per day (bpd) in the first quarter of 2022, The Wall Street Journal reported on Thursday, citing Continue Reading
China’s oil demand is expected to stay weak heading into May as COVID-19 lockdowns across the country curtail travel plans during the Labour Day holiday season, analysts and traders say. Continue Reading
