Page 5 - Beijing

WHO saying end of pandemic within reach falls flat in Covid zero China

Chinese are reacting with pessimism and humor to the World Health Organization chief saying the end of the pandemic is within reach, with millions of people still locked down

Flights halted as typhoon Muifa approaches Shanghai, northeast China coast

A typhoon was headed toward the Chinese coast on Wednesday and forecast to make landfall near the port city of Ningbo later in the day. Typhoon Muifa had maximum sustained winds of 145 kilometres an hour as it moved northeast, the Hong Kong Observatory said. The storm's track would take it just east of the city of Shanghai and then inland through Jiangsu and Shandong provinces on China's northeast coast. All flights were cancelled at the Ningbo airport and more than 11,000 fishing boats returned to port in Zhejiang province, according to Chinese media reports. A requirement for a negative coronavirus test within the last 72 hours, required in much of China to enter buildings and other public areas, was suspended in Ningbo except for at airports, train stations and highway entrances.

Beijing parks see 56% rise in visitors to 3.18 mn during festival holiday

A total of 59 cultural events were held both online and offline to attract visitors, reports Xinhua news agency

Beijing under Covid-19 alert after a school, university report fresh cases

The Chinese capital issued a fresh coronavirus alert on Thursday after it reported 21 local COVID-19 infections a day earlier, three of which were from a high school and the rest from a university, health officials said. In view of the fresh outbreak, Beijing's health officials asked residents to stay put during the upcoming Mid-Autumn festival holiday on Saturday, official media reported. According to the Beijing Municipal Health Commission, there have been three confirmed cases screened out from the community level in Beijing's Haidian district. The three, who tested positive are classmates and live in the student dormitories of the high school affiliated to Minzu University of China, state-run Global Times reported on Thursday. It is mandatory for the city's 21.5 million population to undergo COVID-19 tests on alternate days. The high school has traced 570 close contacts and has been designated as a high-risk area since the three cases have been staying on the campus since ...

Beijing Stock Exchange brings new business areas to improve SMEs market

The exchange issued draft rules for margin trading and securities lending on Friday, introduced its first benchmark index and launched a government bond issuance business.

China bad debt managers see earnings tank on deepening property losses

China's distressed-debt managers have been in turmoil as aggressive lending to embattled developers and unchecked expansion into other areas has beset the $730 billion funds with heavy credit losses

China steps up measures to wipe out Covid-19 as political summit looms

China is enforcing lockdown restrictions in areas around Beijing more intensively, and will mass test the nearby port city of Tianjin

Beijing on edge as neighbouring Shijiazhuang sees new Covid outbreak

China is facing a new wave of Covid-19 outbreak in Shijiazhuang, a city 290 kilometres from Beijing, laying increasing pressure on the capital which has been faced with imported Covid infections

India-China relationship going through extremely difficult phase: EAM

External Affairs Minister S Jaishankar said on Thursday that the relationship between India and China is going through an "extremely difficult phase" after what Beijing has done at the border

China imposes sanctions on Nancy Pelosi, family after Taiwan visit

"It gravely undermines China's sovereignty and territorial integrity, seriously tramples on the one-China principle, and severely threatens peace and stability across the Taiwan Strait."

Global stocks mixed as Nancy Pelosi's visit to Taiwan irks Beijing

Global stock markets were mixed Wednesday as traders watched for potential economic impact from the visit to Taiwan by Nancy Pelosi, speaker of the US House of Representatives. London and Shanghai fell. Frankfurt, Tokyo and Hong Kong gained. Oil prices declined. China, which claims self-ruled Taiwan as part of its territory, banned imports of Taiwanese citrus fruits and frozen fish in retaliation for Pelosi's visit. But it has avoided disrupting the flow of processor chips and other industrial goods, a step that could jolt the global economy. The real show of force by China is still to come, said Clifford Bennett of ACY Securities in a report. In early trading, the FTSE 100 in London lost 0.2% 7,392.56 while the DAX in Frankfurt gained less than 0.1% to 13,454.28. The CAC 40 in Paris edged 0.1% higher to 6,417.52. On Wall Street, the future for the benchmark S&P 500 index was up 0.2% and that for the Dow Jones Industrial Average was 0.3% higher. On Tuesday, the S&P 500 lost ...

China's Covid zero policy could last for years as it works for Xi

It's 2025 in Beijing, five years since the start of the pandemic, and Chinese President Xi Jinping's Covid Zero policy is still an inescapable part of daily life

Property crisis threatens to drag down a third of China's steel industry

Almost a third of China's steel mills could go into bankruptcy in a squeeze that's likely to last five years

China targets $148 bn in financing for cash-strapped developers: Report

China's property sector has been lurching from one crisis to another for the past year

China's economy grows 0.4% in June quarter, set to miss fiscal target

China's economy logged a 2.5 per cent YoY growth in the first half of 2022, official data showed on Friday

Beijing appears to retract vaccine mandate after pushback from residents

The Chinese capital Beijing appears to have backed off a plan to launch a vaccine mandate for entry into certain public spaces after pushback from residents

China: Beijing mandates Covid vaccines to enter some public spaces

The Chinese capital has issued a mandate requiring people to show proof of COVID-19 vaccination before they can enter some public spaces including gyms, museums and libraries

China reports new Omicron variant: Beijing mandates Covid vaccinations

Omicron sub-variant BA.5.2 was discovered in Beijing and northwest China's Shaanxi Province, leading to strengthened anti-epidemic measures in those areas, state-run Global Times reported.

China's easing Covid curbs spark travel inquiry surge, and caution

Unexpected moves mark a significant easing of rigid curbs that have severely curtailed travel and battered China's economy, although tough measures remain in place including a scarcity of intl flights

China reports 7 new local Covid-19 cases, 2 logged from Beijing in 24 hours

China reported 7 locally transmitted confirmed Covid cases, including five in Guangdong Province and two in Beijing in the past 24 hours, according to the National Health Commission's report Saturday