Tag: covid-19

China's central bank stated on Sunday that it will be extending three lending tools in an effort to provide support to targeted sectors of the economy. Since being crippled by the coronavirus pandemic in 2020, the Chinese government has been scaling its lending policy...

Refinitiv data shows that Chinese companies can expect their highest revenue growth in five years. The economy's reopening following the end of the government's strict Covid policies has led to hopes of higher profits. China's large and mid-cap companies' profits are expected to rise by...

Chinese air travel has resurged ahead of the Lunar new year despite worries of new infections. This comes after the Chinese government dialed back its zero-Covid policies, thus reopening the economy. This change has seen a 63% recovery of air passenger volumes to 2019 levels....

European Union health officials are set to convene on Wednesday to discuss a coordinated strategy to deal with the recent surge in COVID-19 infections in China. This comes after the December talks on the matter yielded no solutions. "There is a scheduled Integrated Political Crisis...

Chinese electric vehicle manufacturer Nio has decided to suspend production amid a rise in Covid-19 cases across the country, the company announced on Wednesday. The recent spike in cases has led to widespread disruptions to business activity across China. In order to curb the ongoing...

Hong Kong flagship airline Cathay Pacific confirmed that it is looking to gradually increase its flying capacity in the coming months following the announcement by the Hong Kong government on Friday that passenger crew would no longer be required to quarantine for three days...