Beijing: The COVID-19 situation in China has left the service sector shrinking to a six-month low in November, media reports said on Wednesday.
Tech major Apple on Monday said COVID-19 restrictions have temporarily impacted the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility located in Zhengzhou region of China.
Beijing: China's economic indicators are not looking very positive as the country is badly hit by COVID-19 imposed lockdowns which is affecting both businesses and consumers.
Beijing: China's manufacturing sector has been hit hard and the outlook remains bleak amid a continuing onslaught of the coronavirus and power shortages caused by record heatwaves.
Washington/Beijing: Optimism about the future business outlook in China has dropped to a record low according to an annual membership survey from the US-China Business Council, an organiz ...
Beijing: Several Japanese production facilities have started moving out of China as Beijing continues to follow its Zero COVID-19 policy and even the friction on the Taiwan straits height ...
Hong Kong: The relentless sell-off in Chinese technology stocks continued in Hong Kong on Monday amid lockdown imposed in tech hub Shenzhen due to COVID-19 spike.
Beijing: China is facing the tough task of stabilising employment in 2022 amid the crisis of COVID-19 and a fast-aging population.
Beijing: COVID-19 spike and fast aging population have emerged as the new threat for China to fight the task of stabilising employment next year, media reports said.
