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Health Care Politics & Society Property This Week in China

The Road from Bali

The top event for the week, and perhaps the most important event in China’s foreign policy for the past two or three years, was the face-to-face meeting between Mr. Xi and Joe Biden on the edge of the G20 meeting in Bali. The overall feeling of the meeting was of an effort by both sides […]

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Brief Health Care

China PCR testing companies awaiting payments

China’s coronavirus test providers have reported a surge in unpaid fees as cash-strapped local governments struggle to fund a mass testing program that is central to Xi Jinping’s zero-COVID policy, reports the Financial Times. Public records show accounts receivable at the country’s 11 main PCR testing companies soared nearly 90% year on year to hit […]

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Autos Brief Health Care Law & Regulation Tech, Media & Telecom

Nio suspends production

Chinese electric vehicle (EV) maker Nio said on Wednesday it has suspended production due to COVID-19 curbs as rising cases across the country cause more disruptions to business activity, triggering a steep drop in its shares, reports Reuters. Local tech news outlet 36Kr reported that Nio had begun to face production challenges in mid-October due […]

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Brief Health Care Law & Regulation Travel & Leisure

Shanghai Disney Resort closes for second time in 2022

China’s zero-COVID policy has slammed shut the gates at Shanghai Disney Resort for the second time this year and the third time since the pandemic started, dealing another blow to the city’s beleaguered tourism sector as officials guard against an Omicron outbreak in advance of a major trade exhibition, reports the South China Morning Post. […]

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Brief Health Care Manufacturing

Foxconn staff leave factory amid COVID curbs

Workers are departing Apple’s biggest iPhone plant in China, seeking to escape hastily enacted COVID measures that left many of the 200,000 staff grappling with inadequate living conditions, reports Reuters. Local authorities from several regions in the central Henan province said they will receive homebound workers from Foxconn Technology Group after strict Covid curbs were […]