Tesla is isolating thousands of workers in disused factories and an old military camp in China to ensure they’re Covid-19 free, part of a large-scale plan by the electric-car maker to ramp up production at its plant in Shanghai as the city emerges from lockdown, reports Bloomberg. The staff will be used to create a […]
Category: Health Care
A Covid-19 vaccine from China’s CanSino Biologics has been approved for emergency use by the World Health Organization, making it the third such Chinese product and 11th overall to win the right to enter the global market, reports the South China Morning Post. The announcement follows similar WHO listings last year for vaccines made by […]
Back in the mists of time, there was a thing called China watching. It was more than a skill, it was almost like a game. It was fun. It involved trying to divine the state of play in the Chinese leadership from the phrasing of editorials in the Peoples Daily, the order of names appearing […]
A surge in the number of Chinese professionals looking for emigration opportunities in response to China’s strict zero-Covid measures could affect the country’s ambitions to become a science and technology superpower, reports the South China Morning Post. Emigration consultants in China have seen a rise in enquiries in recent months, with a noticeable spike since […]
China’s loan growth weakened sharply in April to the worst level in almost five years, with mortgage loans contracting again as Covid lockdowns and the property market slump disrupted economic activity and sapped borrowing demand, reports Caixin. Financial institutions offered RMB 645 billion ($94.9 billion) of new loans in the month, down from RMB 3.1 […]