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Coronavirus Outbreak
A new virus is fast infecting the world, creating one of the biggest global health crises since Ebola and SARS.
Editor: Lin Jinbing. Producer: Yu Zhuyangyang
Cover Story: Shanghai Fights a New Covid Enemy With Old Weapons
China’s playbook of lockdowns, mass testing and quarantines can’t keep up with BA.2 variant as city experiences shortages of food and medical care
Meituan’s Revenue Jumped After Covid Boosted Meal Delivery
Sales rose 21% in December quarter, beating estimates, and loss narrowed as world’s largest meal delivery service braces for post-pandemic changes
China Consumer Spending Shows Strong Signs of Rebounding
With export demand weakening, Chinese consumers will need to drive the economy with more restaurant meals, travel and car purchases
In Depth: Core of Guangzhou’s Textile Industry Is Being Shattered
The city is relocating parts of Zhongda market, a decades-old fabric trading and manufacturing hub, 100 kilometers away and not everyone is on board
Japan Opens up to Chinese Tourists, But Can It Handle the Rush?
Eighty percent of hotels short-staffed as country sees 84 times as many overseas visitors
Weekly Must-Read: China’s Hunt for Strategic New Energy Minerals
Pursuit of key minerals intensifies as U.S., Canada and Australia restrict Chinese access to “strategic” materials
Shanghai Composite Index Fell 0.96% on Thursday
Shenzhen Component Index closed down 1.3%
Shanghai Composite Index Fell 0.39% on Wednesday
Shenzhen Component Index closed down 0.25%
Analysis: What Will Drive Pfizer’s Growth After Covid?
Coronavirus vaccines and treatments fueled the drug giant’s global revenue surge to over $100 billion last year while other products stagnated
Chinese Cities Offer Covid Antibody Tests as Outbreak Wanes
In central China’s Hunan province, $5 test offers to evaluate people’s antibody levels and risk of reinfection, authorities say
Lunar New Year Rail Traffic Surges Near Pre-Pandemic Levels
Some 102 million passenger trips were made on the country’s railways between Jan. 22 and Feb. 1
Apple’s iPhone Dominated China Last Quarter Despite Disruptions
In the fourth quarter, the California tech giant seized 24% of China’s smartphone sales, topping all manufacturers
Update: China Posts Second-Slowest Annual Economic Growth in Decades
GDP expanded 3% in 2022, missing the government’s ‘around 5.5%’ target as expected, with expectations muted for a quick recovery amid surging Covid infections and ongoing property crisis
Shanghai Composite Index Fell 0.1% on Tuesday
Shenzhen Component Index closed up 0.13%
Air Traffic May Be Back to Normal by June on China Rebound
At airline economics forum, plane leasing companies project completion of global recovery this year after three years of pandemic disruptions
China Runs Short of Anti-Immune Deficiency Drug as Covid Panic Buying Clears Shelves
Prices have skyrocketed for intravenous immunoglobulin, which is crucial for treating those with chronic immunodeficiencies, putting their lives at risk
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