While many are cheering China’s scrapping of its stringent zero-COVID policy earlier this month, an increasing number of reports suggest that the latest official tallies of new cases only represent Read more
Tag: restrictions
China announces first COVID deaths in months and unveils restrictions in Beijing and Guangzhou
China’s zero-COVID strategy was back in the headlines on Monday, after the country announced its first COVID deaths in nearly six months, announced new restrictions in the capital Beijing and Read more
Oil prices jump after China eases some COVID-19 restrictions
Oil prices were climbing on Friday after China eased some COVID-19 restrictions, with support for the commodity also stemming from relief surrounding U.S. inflation data that weighed on the dollar. Read more
Opinion: Opinion: Global cooperation is not necessary to fight climate change
PROVIDENCE, R.I. (Project Syndicate)—This week’s United Nations Climate Change Conference (COP27) in Egypt highlights the growing consensus that multilateral cooperation is necessary to avert environmental catastrophe. But with geopolitical tensions Read more
Chinese EV, Battery Makers Slump on Renewed Worries About Covid-19 Restrictions
By Bingyan Wang Shares of Chinese electric-vehicle and battery makers fell Thursday amid worries that Beijing may further tighten pandemic-related curbs that are hurting a weakened auto industry. China’s Contemporary Read more
China sees violent protests against COVID restrictions, and U.S. cases have been rising
Protests in northeastern China against the government’s zero-COVID policy became violent, as seven people were arrested after a clash between residents and police enforcing quarantine restrictions, the Associated Press reported. Read more
Nvidia offers new chip alternative following U.S. restrictions against exports to China
HONG KONG—Nvidia Corp. has begun offering an alternative to a high-end chip hit with U.S. export restrictions to customers in China, after the new rules threatened to cost the American company hundreds of millions Read more
Oil ticks lower as hopes fade for China’s relaxation of COVID restrictions
Oil futures ticked lower early Monday, with weakness tied in part to fading hopes China would relax curbs aimed at curtailing the spread of COVID-19. Price action West Texas Intermediate Read more
China suspends access to zone around iPhone facility after workers flee COVID restrictions
China has suspended access to an industrial zone in the Central city of Zhengzhou after the city reported 64 COVID cases and workers who assemble Apple’s AAPL, +0.41% iPhone fled Read more
China suspends access to zone around iPhone facility after workers flee COVID restrictions
China has suspended access to an industrial zone in the Central city of Zhengzhou after the city reported 64 COVID cases and workers who assemble Apple’s AAPL, -1.18% iPhone fled Read more