Economy
World / Countries / MNCs
Hong Kong: The relentless sell-off in Chinese technology stocks continued in Hong Kong on Monday amid lockdown imposed in tech hub Shenzhen due to COVID-19 spike. more
China-backed AIIB freezes lending to Russia and Belarus: Report

Beijing: The China-based Asian Infrastructure Investment Bank (AIIB) said it has suspended activities relating to Russia and Belarus until further review, media reports said.

Shrinking job market, ageing population remain China's growing challenge: Report

Beijing: The Chinese economy is facing two way challenges amid COVID-19 imposed slowdown where the country is badly hit by the shrinking job market and an ageing population, media reports ...

Online gaming sector is thriving in China despite introducing anti-addiction rules: Report

Beijing: A new research has found that China’s online gaming sector is still doing well regardless of the tough new rules introduced last year to prevent addiction among underage pl ...

Unemployment: China witnessing rise in layoff in IT sector

Beijing: China is witnessing a spike in unemployment as several tech companies in the country have started laying off employees.

Vietnam: 300,000 tonnes of dragon fruit have no buyers with China clamping down on border trade

Beijing: China's border clamp down is hitting Vietnam hard as around 300,000 tonnes of dragon fruit will soon be ripe for harvest but without buyers, media reports said on Monday.

Vietnam trade ministry requests China to reopen border gates

Hanoi: Vietnam’s Ministry of Industry and Trade has asked China to reopen its border gates with the country in Guangxi region and extend customs clearance hours to resolve the conta ...

China facing the tough task of stabilising economy amid COVID-19 pandemic, fast-aging population

Beijing: China is facing the tough task of stabilising employment in 2022 amid the crisis of COVID-19 and a fast-aging population.

China plans to tighten rules for companies listing overseas

Beijing: China has been planning to increase restrictions for Chinese companies that want to list abroad.

Sri Lanka’s exports to China, Hong Kong declined: Expert

Colombo, Sri Lanka: Sri Lanka’s trade with China, including tea shipments, has moved downward in 2020, experts said.