China is promising more subsidies to shore up plunging electric vehicle sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model …
U.S. Aid Bill Passed; China Cuts Another Rate: Virus Update
The U.S. House of Representatives overwhelmingly passed a $484 billion coronavirus aid package, replenishing funding to aid small businesses and provide support for hospitals and virus testing.
China’s cash-strapped poor take on more debt as coronavirus hits job prospects
Demand for consumer loans is picking up in China, especially among the less affluent, highlighting a group that some say could use more support during the coronavirus-induced economic downturn.
China unveils name of first Mars exploration mission
China’s space agency on Friday unveiled the name of its first Mars exploration mission, coinciding with China’s annual Space Day and the 50th anniversary of the launch of its first satellite.
Swatch CEO says China sales rise but global situation still grim
Swatch Group’s sales at its own stores in China are up by almost a quarter during April, the watchmaker’s Chief Executive Nick Hayek told Blick newspaper, but the global situation following the …
Asia virus latest: Sri Lanka soldiers isolated; China to give WHO more money
Sri Lanka isolated a navy camp near the capital Colombo after 30 sailors tested positive for the coronavirus on Thursday. The military said the entire facility in the Colombo suburb of Welisara was …
Coronavirus in China, Pakistan, Afghanistan: Your Friday Briefing
We’re covering new coronavirus restrictions in China, Ramadan in Pakistan and Afghanistan’s next war. As China reopens factories and eases travel restrictions in efforts to recover after the outbreak …
Chinese investors flummoxed by India’s new foreign investment rules
India’s plan to screen foreign direct investments from neighbouring countries has Chinese firms concerned that such scrutiny will affect their projects and delay deals in one of Asia’s most lucrative …
COVID-19 count revisions in China suggest it’s more contagious than thought
Studies published this week provide a clearer picture of the scope of the COVID-19 outbreak in China, suggesting that the virus is more contagious than thought — but that social distancing can work …
China’s coronavirus cases may have been 4 times what officials reported, Hong Kong study finds
A study by Hong Kong researchers, according to The Guardian, is claiming China’s c cases may have been four times what officials reported.