Covid Restrictions Tighten as Record Number of Chinese Cities Report Cases

New infections were found in 134 cities across 31 provincial-level regions, the most since the pandemic began

In Depth: China’s Relocated Chemical Plants Bring Pollution Problems With Them

Residents in the country’s central, western and northeastern regions say they have developed health problems from toxic fumes being emitted from facilities that used to operate in more prosperous coastal areas

China Stories: Verdict Reversal in High-Profile Murder Stands Out Amid Exoneration Trend
Oct 04, 2022 04:00 PM

CX Daily: The People Behind a 10-Year Murder-for-Cash Spree in Rural China

A record number of Chinese cities report Covid cases during the National Day holiday.’s Richard Liu settles a lawsuit with his rape accuser

Oct 07, 2022 09:01 AM

How a Mini Electric Hatchback Became One of China's Hottest EVs

Consumers race to buy Leapmotor’s T03 model, but the startup isn’t making money on it, and last week’s Hong Kong Debut was disastrous

Oct 07, 2022 03:57 AM

Offshore Yuan Gains Seen Allaying China’s Currency Woes — for Now

Pullback of dollar helps as traders bet the Fed will ease off on policy tightening, but yuan will still feel pressure in a weakened economy

Oct 07, 2022 03:43 AM

Gallery: Peanut Pickers Under Pressure

Crop pickers have a tough job that often has to be done quickly. In Henan province, farm hands are rushing to complete the harvest before the arrival of bad weather. The provincial weather bureau forecasted that continuous rain will fall on most of the central Chinese province by Friday, with heavy downpours set to hit some areas. Agricultural workers in one village in the city of Zhoukou hustled this week to collect as many errant peanuts as possible ahead of the coming deluge

Oct 06, 2022 06:08 PM

Gallery: Sandstorm Kicked Up Over Poyang Lake

A dust storm hit the Poyang Lake region of East China’s Jiangxi province during the seven-day National Day holiday as strong winds brought by a cold front sent gusts of sand from the dried-up lake bed into the air. For more than 80 days, Jiangxi has faced drought, causing China’s largest freshwater lake to shrink by 80% since July

Oct 06, 2022 04:55 PM

Hong Kong Recovery Falters as PMI Falls to Worst in Six Months

The S&P Global Purchasing Managers’ Index fell to 48 in September, the lowest reading since March, when the city was at the peak of its fifth virus wave

Oct 06, 2022 01:43 PM

World Currency Reserves Shrink by $1 Trillion in Record Drawdown

As the dollar jumped to two-decade highs against other reserve currencies, central banks outside the U.S. are spending their forex holdings to support their own currencies

Oct 06, 2022 01:41 PM

India, Indonesia Bonds Outperform China Despite Global Sell-Off

The two countries’ sovereign debt lost 0.4% and 1.5% respectively for dollar-based investors in the third quarter, less than other emerging markets

Oct 06, 2022 01:38 PM

State Construction Firm to Buy 50% of East African Potash Mine

Sichuan Road and Bridge Group moves further into mining with a $166 million deal to acquire the Colluli Potash Project from Australia’s Danakali

Oct 05, 2022 07:02 PM

Xinjiang Suspends Passenger Train Travel to Keep Covid Outbreak in Check

The governments of four local cities warn people against leaving after other parts of the country reported new imported cases had come from the autonomous region

Oct 05, 2022 05:42 PM

Hong Kong Stocks Surge After Holiday, Joining Global Rally

The benchmark Hang Seng Index jumps more than 6%, offering some reprieve for investors after losses this year that have been among the worst in the world

Oct 05, 2022 05:40 PM

Chinese Oil Demand Set to Rebound as Refiners Rush to Use Quotas

Local refiners and traders have been handed two separate batches of crude-import quotas, as well as a 15 million ton fuel-export quota, industry consultant JLC said

Oct 05, 2022 05:36 PM

BYD Sales Hit Record High as China Steers Stimulus to Auto Market

The Chinese carmaker sold 201,259 NEVs in September, nearly triple the number from the same month a year earlier

Oct 04, 2022 06:50 PM

Shanghai’s Graft Busters Get New Party Chief

Li Yangzhe is the second straight party secretary from Fujian province’s anti-corruption commission to be transferred to the coastal metropolis

Oct 04, 2022 06:04 PM

North Korea Fires Missile Over Japan for First Time Since 2017

The missile splashed down in the Western Pacific about 3,200 kilometers east of Japan, officials in Tokyo said, adding there were no reports of damage

Oct 04, 2022 04:04 PM
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