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Alibaba to Split Into 6 Units as China Vows to Ease Crackdown on Private Sector
Alibaba said the biggest restructuring in its 24-year history would see it split into six units - Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global Digital Commerce Group and Digital Media and Entertainment Group.
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China Says "Life Is Moving Forward" In New Phase Of Covid Response
China braced for a "new phase" in its battle against COVID-19 on Monday and financial markets strengthened after Beijing dropped pandemic border controls in the latest easing of curbs that has let the virus loose on its 1.4 billion population.
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"Thermonuclear Bad": Expert Says 60% Of China May Get Infected In 3 Months
After the easing of Covid-19 restrictions, China is experiencing a massive surge in coronavirus cases. Hospitals are completely overwhelmed in China, reported Eric Feigl-Ding, an epidemiologist and health economist.
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Beijing Reports First Covid Deaths As China Eases Curbs
Two former Chinese state media journalists have died in the capital Beijing in recent days due to COVID-19, local media reported today, among the first reported fatalities since most epidemic control policies were removed on Dec. 7.
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Optimism Returns To Asian Foreign Exchange Market As China Covid Curbs Ease: Report
Long positions on most other emerging Asian currencies also firmed, with those on the Malaysian ringgit and South Korean won at around two-year highs, a fortnightly poll of 10 analysts showed.
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WHO Warns Of "Very Tough Time" Ahead As China Eases Zero-Covid Curbs
A week after China began dismantling its tough 'zero-COVID' controls, the World Health Organization warned of "very tough" times ahead and state media reported some seriously ill patients at hospitals in Beijing, raising fears of a wave of infections
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China Businesses Face Fresh Worries As Covid Fears Keep People At Home
Infections are delivering a fresh kick in the teeth for many small businesses in China's central city of Wuhan, despite the easing of most stringent
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China's Big Move In Easing Zero-Tolerance Covid Strategy
China said Monday it would retire an app used to track Covid-19 contacts, a milestone in the country's rapid turn away from its zero-tolerance coronavirus strategy.
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China's Daily Covid Cases Fall To 8,838, Days After Curbs Eased
China reported 8,838 new COVID-19 infections for December 11, of which 2,240 were symptomatic and 6,598 were asymptomatic, the National Health Commission said on Monday.
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Caution And Resentment In China's Wuhan Despite Ease In Covid Curbs
In the Chinese city of Wuhan, the epicenter of the COVID-19 outbreak nearly three years ago and where thousands died, residents cautiously greeted a relaxation of lockdown measures by authorities this week.
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Protesters Fear Retribution As China Eases Covid Curbs
Late last month, Shanghai resident Pei was one of many people who came out in support of historic protests against China's COVID-19 curbs, including filming several seconds of footage of a man being arrested on a street corner.
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Apple Supplier Foxconn Pushed China To Ease Covid Restrictions: Report
Apple supplier Foxconn's founder-director Terry Gou had warned China that the government's zero-COVID stance would threaten the position of the world's second-largest economy in the global supply chain, the Wall Street Journal reported.
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China Rejoices As Government Eases Covid Curbs After Weeks Of Protests
China announced on Wednesday the most sweeping changes to its tough anti-COVID regime since the pandemic began three years ago, loosening rules that curbed the spread of the virus but had hobbled the world's second largest economy and sparked protest
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China Announces Loosening Of Covid Curbs, Days After Rare Protests
China on Wednesday announced a broad loosening of Covid restrictions, saying some positive cases can now quarantine at home and scaling down mandatory PCR testing requirements.
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In China, People Rush To Buy Fever Drugs As Covid Curbs Likely To Be Eased
Tired of being cooped up to comply with China's strict anti-COVID rules, people awaited clarity on an easing of restrictions that could be announced as soon as Wednesday, while the more cautious rushed to buy cold medicines and home test kits.
-
Alibaba to Split Into 6 Units as China Vows to Ease Crackdown on Private Sector
Alibaba said the biggest restructuring in its 24-year history would see it split into six units - Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global Digital Commerce Group and Digital Media and Entertainment Group.
-
China Says "Life Is Moving Forward" In New Phase Of Covid Response
China braced for a "new phase" in its battle against COVID-19 on Monday and financial markets strengthened after Beijing dropped pandemic border controls in the latest easing of curbs that has let the virus loose on its 1.4 billion population.
-
"Thermonuclear Bad": Expert Says 60% Of China May Get Infected In 3 Months
After the easing of Covid-19 restrictions, China is experiencing a massive surge in coronavirus cases. Hospitals are completely overwhelmed in China, reported Eric Feigl-Ding, an epidemiologist and health economist.
-
Beijing Reports First Covid Deaths As China Eases Curbs
Two former Chinese state media journalists have died in the capital Beijing in recent days due to COVID-19, local media reported today, among the first reported fatalities since most epidemic control policies were removed on Dec. 7.
-
Optimism Returns To Asian Foreign Exchange Market As China Covid Curbs Ease: Report
Long positions on most other emerging Asian currencies also firmed, with those on the Malaysian ringgit and South Korean won at around two-year highs, a fortnightly poll of 10 analysts showed.
-
WHO Warns Of "Very Tough Time" Ahead As China Eases Zero-Covid Curbs
A week after China began dismantling its tough 'zero-COVID' controls, the World Health Organization warned of "very tough" times ahead and state media reported some seriously ill patients at hospitals in Beijing, raising fears of a wave of infections
-
China Businesses Face Fresh Worries As Covid Fears Keep People At Home
Infections are delivering a fresh kick in the teeth for many small businesses in China's central city of Wuhan, despite the easing of most stringent
-
China's Big Move In Easing Zero-Tolerance Covid Strategy
China said Monday it would retire an app used to track Covid-19 contacts, a milestone in the country's rapid turn away from its zero-tolerance coronavirus strategy.
-
China's Daily Covid Cases Fall To 8,838, Days After Curbs Eased
China reported 8,838 new COVID-19 infections for December 11, of which 2,240 were symptomatic and 6,598 were asymptomatic, the National Health Commission said on Monday.
-
Caution And Resentment In China's Wuhan Despite Ease In Covid Curbs
In the Chinese city of Wuhan, the epicenter of the COVID-19 outbreak nearly three years ago and where thousands died, residents cautiously greeted a relaxation of lockdown measures by authorities this week.
-
Protesters Fear Retribution As China Eases Covid Curbs
Late last month, Shanghai resident Pei was one of many people who came out in support of historic protests against China's COVID-19 curbs, including filming several seconds of footage of a man being arrested on a street corner.
-
Apple Supplier Foxconn Pushed China To Ease Covid Restrictions: Report
Apple supplier Foxconn's founder-director Terry Gou had warned China that the government's zero-COVID stance would threaten the position of the world's second-largest economy in the global supply chain, the Wall Street Journal reported.
-
China Rejoices As Government Eases Covid Curbs After Weeks Of Protests
China announced on Wednesday the most sweeping changes to its tough anti-COVID regime since the pandemic began three years ago, loosening rules that curbed the spread of the virus but had hobbled the world's second largest economy and sparked protest
-
China Announces Loosening Of Covid Curbs, Days After Rare Protests
China on Wednesday announced a broad loosening of Covid restrictions, saying some positive cases can now quarantine at home and scaling down mandatory PCR testing requirements.
-
In China, People Rush To Buy Fever Drugs As Covid Curbs Likely To Be Eased
Tired of being cooped up to comply with China's strict anti-COVID rules, people awaited clarity on an easing of restrictions that could be announced as soon as Wednesday, while the more cautious rushed to buy cold medicines and home test kits.
