Despite Beijing's claim of a 'Zero Covid-19 Policy' in the country, the covid cases in China have been witnessing a surge on a regular basis
Shanghai's lockdown since the beginning of April has dealt a heavy economic blow to China's most populous city, stirred debate over the sustainability of the nation's zero-COVID policy
Beijing will extend strict and tight Covid-19 control measures as hidden community-level transmission has been discovered through recent screenings, a municipal official said.
China, in a monthly fixing, lowered the five-year loan prime rate (LPR) by 15 basis points to 4.45%, the biggest reduction since China revamped the mechanism in 2019
Investment management Morgan Stanley has forecast that global economic growth would be less than half of 2021 due to the Russia-Ukraine conflict and the surge of Covid-19 in China
The city will also restart 273 bus lines connecting major urban centers, airports, train stations and hospitals as it resumes cross-district public transit
Shanghai also reported four new deaths due to the infection in last 24 hours
Shanghai also reported 1,487 locally-transmitted asymptomatic infections of the novel coronavirus on Friday, out of a total of 1,726 local asymptomatic carriers newly identified on the mainland
While "supply-chain disruption" is emerging once more as the most repeated phrase of corporate earnings season, the impact goes beyond multinationals' profits
Shanghai also reported 1,869 locally transmitted asymptomatic infections, out of a total of 2,140 such cases newly identified on the mainland
China kept infection numbers low until early this year with a strategy that shut down cities, but entailed soaring costs
Lam's comments came a day after a carefully vetted election committee voted overwhelmingly to approve John Lee, a hard-line security chief who oversaw a crackdown on Hong Kong's pro-democracy movement
He told a group of journalists that Indian troops continue to hold 'important positions' along the Line of Actual Control (LAC) and that the Army has a 'robust posture' to confront any situation
The committee, comprised of nearly 1,500 largely pro-Beijing members, is voting in a secret ballot that will last 2 1/2 hours. Lee needs more than 750 votes to win the election
China's capital, Beijing has shut down more bus routes and metro stations as it seeks to avert the fate of Shanghai, where millions of residents have been locked down for more than a month
The stringent, frequent lockdowns due to Covid cases are fuelling public discontent and dealing a devastating blow to the Chinese economy
China is increasingly out of step with the rest of the world where Covid restrictions are being abandoned and vaccines relied on to protect people
As China continues to witness an upsurge in the COVID-19 cases, the Chinese capital city Beijing reported 66 new locally transmitted confirmed cases of COVID-19 in the past 24 hours
The Games were scheduled to take place from September 10-25 in the capital of Zhejiang province, about 175 kilometres southwest of Shanghai
Restaurants are also allowed to seat up to eight customers to a table and masks will not be required during outdoor exercise