Doctors in Wuhan are working around the clock and against the odds to battle the coronavirus outbreak. Photo: Xinhua

Topic

Coronavirus Chinai

Latest news and updates on the impact of a new strain of coronavirus in mainland China. The virus, which causes the disease Covid-19 was first reported in Wuhan. The authorities introduced sweeping measures in a bid to contain the outbreak, including the lockdown of up to 60 million people in Hubei province, and nationwide transport restrictions. The World Health Organisation later declared the spread of the infection, which has also caused the deaths of thousands of people outside China, a pandemic.

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While US security moves only target Chinese investments and trade, China’s responses are rattling investors globally. For a start, Beijing must tamp down its high-profile anti-espionage campaign and review its exit ban.

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China is all the poorer for the death of the ‘people’s premier’ Li Keqiang, who always showed his caring side even as he steered the nation through some of its most difficult moments.

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Efforts to defend Beijing’s official narrative have intensified this year, as the country’s post-coronavirus economic recovery slowed amid mounting problems.

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  • The Conference Board’s twice-yearly survey finds that confidence among dozens of polled CEOs has taken a big hit while Beijing struggles to stimulate the market and lure investors
  • Nearly half of polled corporate executives in China said an extended period of weak economic growth could spur a fundamental ‘course change’ by policymakers
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US students returned to Hong Kong and Taiwan after the pandemic’s first year, but only 211 studied in the mainland during the 2021-22 academic year.

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The Fosun Group is looking to make another major leap in the healthcare industry as it prepares to deliver locally-made surgical robots to hospitals.

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Former top market regulator Bi Jingquan says China still ‘good place’ for investment and jobs, calls on those who left during pandemic to go back and ‘take a look’.

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China’s middle class has ‘colossal purchasing power’ with ‘huge’ potential for foreign businesses, Li says at world’s biggest import fair in Shanghai.

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Official obituary of former leader, who died in Shanghai on Friday, hails his contributions to the economy, belt and road, poverty relief and his support for President Xi Jinping.

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China has reported the second-largest decline in emission intensity within the global travel and tourism sector between 2010 and 2019 and it is expected to see a sharper rate of decline in future as the country steps up usage of renewables in automobiles and aircraft.

Ambassador Rahm Emanuel accuses Beijing, which has banned import of Japanese fish, of a double standard, saying China is fishing in the same waters.

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It will take up to a decade for China to catch up with global developments in the technology, which is the foundation of Covid-19 vaccines, scientist says.

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US-China tensions create negative ripple effects for American firms, including lost sales and disrupted supply chains, according to annual survey’s results.

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China’s role in the global supply chain will become even more crucial in the coming years, as it garners a bigger market share in intermediate products, says HKMA CEO Eddie Yue.

Japanese furniture retailer Nitori Holdings, which opened its first outlet in Hong Kong on Wednesday, plans to gradually expand its footprint to 20 across the city in the coming years, according to a top executive.

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Flex space provider IWG says it is adding locations rapidly in the Greater Bay Area as property owners seek to capitalise on the trend. Major landlords Hongkong Land and Swire Properties also have their fingers in the co-working pie.

Beijing has mobilised 39 business delegations to ensure the purchase of goods and services at the China International Import Expo, in its latest effort to maintain strong economic ties with foreign businesses and head off any chance of a decoupling with the West.

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China’s significant jump in share of total global debt stock to 20 per cent draws scrutiny as its regional governments confront financial strain.

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