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China
China Wants to Resell Gas Due to Decline in Domestic Demand
China, the largest importer of liquefied natural gas (LNG), is trying to resell some of its gas reserves. This is mainly due to the slump in gas demand in the country due to strict lockdowns in major cities such as Shanghai and fears of…
Apple Partner Pegatron Closes Two Chinese Factories Due to Lockdown
Apple partner Pegatron has stopped production at two factories in the Chinese cities of Shanghai and Kunshan due to the strict Chinese corona measures.
An outbreak of the coronavirus has been going on for weeks in the important…
Tesla can Barely Export from China Due to High Demand There
The electric car manufacturer Tesla exported only 60 cars from the factory in Shanghai, which is important for the group, last month.
The total of nearly 66,000 cars produced was almost all for the local Chinese market. However,…
Shanghai Extends Lockdown Indefinitely
The Chinese city of Shanghai has extended the lockdown for its 26 million inhabitants indefinitely. A new corona wave is underway in China.
On Tuesday, authorities in Beijing reported 16,000 new corona infections.
Anyone who…
China Calls for Diplomacy to Resume
China has called through state media for the resumption of diplomacy in the conflict over Ukraine.
"The door to a peaceful solution is not yet completely closed and should never be closed," Beijing said.
The Chinese UN ambassador…
China Puts Another Metropolitan City in Lockdown
China puts another city in full lockdown after Xi'an and Yuzhou. The 5 million inhabitants of Anyang, located in Henan province, have to stay at home because of infections with the omikron variant of the coronavirus.
On Monday, it…
German Foreign Minister Avoids Olympics
German Foreign Minister Annalena Baerbock will not attend the Beijing Olympics in February. "I am a big sports fan, but this time I will certainly not go. In the past, it was not usual for foreign ministers to be there," she told the German…
Chinese Authorities Disinfect Entire City of Xi’an
Chinese authorities have started spraying disinfectants in Xi'an to fight a corona outbreak. China reported 162 new infections on Monday, 150 identified in Xi'an. The city of 13 million inhabitants went into a strict lockdown last week.…
China Cancels Some Air France Flights After Corona Cases
The Chinese aviation authority has suspended four Air France flights from Paris to Tianjin due to a number of infections on a previous flight.
About eleven passengers on an Air France flight are said to have tested positive for…
Commodity Companies on Chinese Stock Market Under Pressure Due to Power Shortage
On the Chinese stock exchanges, commodities companies, in particular, had a hard time as many provinces in the country struggled with supplying power to factories and households.
Experts say power shortages are the next major…