The Chinese city of Shenzhen told 100 major companies including iPhone maker Foxconn to set up “closed-loop” systems as it battles COVID-19, according to a document attributed to the local government circulating online on Monday, reports Reuters. While Reuters could not independently verify the document, a notice at a Shenzhen office of oil giant CNOOC […]
Category: Health Care
The World Golf Championships-HSBC Champions event and the LPGA tournament in Shanghai, both scheduled for October, have been cancelled for a third consecutive year because of COVID-19 restrictions in China, officials said on Wednesday, reports Reuters. The WGC event was due to be played from October 27-30 at Sheshan International while the LPGA event was […]
WeDoctor, one of China’s leading online healthcare platforms, has secured over RMB 1 billion (almost $150 million) from an undisclosed state-owned industry investment fund in eastern China’s Shandong Province following setbacks in its attempts to raise capital through a public share sale, reports Deal Street Asia. The Tencent-backed startup collected the fresh funds from the […]
China is racing to quash a new virus flareup that risks spilling over into one of its most economically significant regions, raising the specter of disruptions that could roil global supply chains for solar panels, medicines and semiconductor chips, reports Bloomberg. Infections have surged in Si county in the eastern province of Anhui, with officials […]
China has cut its required quarantine period for international travelers by half, to one week, in the first significant nationwide relaxation of restrictions since Covid-19 outbreaks in Shanghai and Beijing this year prompted draconian curbs on travel and economic activity, reports the Financial Times. The State Council, China’s cabinet, also reduced a post-quarantine “home health […]