Tue, 21-Oct-2025

China outbreak prompts major business shutdown, restrictions

China outbreak prompts major business shutdown, restrictions

BEIJING, Dec 14, 2021 (AFP) – China’s economically important Zhejiang province wrestled on Tuesday with a Covid outbreak that has caused some districts to shut down businesses and left hundreds of thousands of people facing quarantine or other restrictions. Zhejiang, a major industrial and export hub on the country’s east coast, reported 44 of China’s 51 … Read more

China’s export growth lost steam in November

China export

BEIJING: Export growth in China lost some steam in November, as holiday demand from abroad faded, official data showed on Tuesday, but the demand for overseas fuel pushed up imports to spike above expectations. Strong exports have helped boost growth in the world’s second-largest economy since the middle of 2020, with China containing domestic outbreaks through … Read more