Home > Economy > China

China

Soaring Covid cases shine light on China's healthcare gap

Understaffed and underfunded clinics stand half-empty in parts of the Chinese countryside even as hospitals in major cities heave under an unprecedented Covid wave -- an illustration of the stark disparities in the country's healthcare system.

Stocks stall as firm Fed reins in China rally

Wall Street was set to tap the brakes on Thursday as upbeat jobs data after a firm message from the Fed that it won't be cutting interest rates any time soon offset China's latest reopening plans.

China insists official Covid data is transparent

China said on Friday all the Covid-19 data it has shared -- including with the World Health Organization -- has been transparent, despite its hospitals being overwhelmed and its official figures on infections and deaths being tiny compared with other countries.

China Covid pivot sparks jitters worldwide

Beijing's sudden pivot away from containing Covid-19 has caused jitters around the world, with the United States saying it may restrict travel from China following its decision to end mandatory quarantine for overseas arrivals.

Oil prices fall on worries about China COVID surge

Oil prices fell on Wednesday as concerns about an upsurge in COVID-19 cases in China, the world's top oil importer, outweighed expectations easing pandemic restrictions would lead to economic recovery and growth in demand for fuel.