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Tag: China

Coronavirus Update: IMF head joins chorus calling on China to adapt COVID strategy as officials pledge to boost vaccinations among elderly
The head of the International Monetary Fund on Tuesday joined the chorus of people urging China to adopt a more targeted approach to the coronavirus pandemic. Read full article
Futures Movers: Oil prices move higher on hopes China will relax COVID curbs
Oil futures rise as traders see signs China may ease up on COVID-19 restrictions following a wave of protests Read full article
China: PBoC reduces the RRR – UOB
Ho Woei Chen, Economist at UOB Group, reviews the recent move by the PBoC. Key Takeaways “The People’s Bank of China (PBoC) announced on Fri (25 Nov) Read full article
6h ago
Alibaba Stock News: BABA shares advance 5% on reduced China covid restrictions
Alibaba stock is rebounding on Chinese authorities announcing imminent reopening. BABA stock has performed badly all year to frequent covid lockdowns Read full article
6h ago
iPhone maker Foxconn entices angry workers in China to return as Apple faces supply crunch
Foxconn is offering big bonuses to entice workers back to its Zhengzhou, China factory after labor unrest over a pay dispute saw employees walk out. Read full article
7h ago
: China stocks including Alibaba, Nio rally as Chinese officials say they’ll boost vaccines for the elderly
U.S.-listed shares of Chinese internet names were gaining in premarket action amid indications that China's government was getting a better hold on the pandemic. Read full article
Project Syndicate: China’s strict zero-COVID policy isn’t worth the damage it does to its economy
By emulating Singapore or Japan, China could experience a strong rebound in economic growth without an unacceptably high number of COVID-19 deaths. Read full article
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