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The Latest Breaking News from Li Keqiang

COVID-hit Shanghai heads for lockdown exit but China still lost in economic gloom

Pandemic-hit Shanghai, China's financial hub, unveiled more post-lockdown plans on Thursday as it moves towards a return to normalcy, but a nationwide economic recovery is still a distance away, heightening a sense of urgency for more support.

Reuters

China Premier Issues Warning on Covid-hit Economy

China's premier has sounded an unusually stark warning about the world's second-largest economy, saying it must return to normal as the country's zero-Covid strategy bites into growth. China is the last major economy welded to a policy of mass testing and rapid lockdowns to eliminate virus clusters, but the strict…

Asharq Al-Awsat

Why Alibaba, Nio, Chinese Peers Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese companies traded marginally lower in Hong Kong on Thursday morning.

Benzinga

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China’s Premier Puts Greater Emphasis on Growth

Li Keqiang tells State Council China needs to strike a better balance between pandemic control and economic development as Covid measures weigh on GDP

Caixin Global

The rhetorical heat might be coming out of the Australia-China relationship, but there’s no fundamental shift – yet

‘Congratulatory message’ to Labor PM Anthony Albanese from Chinese premier may lower temperature but substantial ‘reset’ seems far off

The Guardian - AU

Chinese premier congratulates Australian leader on election

China and Australia may be ready to thaw their diplomatic relations, which have been sitting in the deep-freezer for years

The Independent UK

Labor to work with all countries in region

Treasurer Jim Chalmers says the government will work with all countries in the region after China sent a congratulatory message to the new prime minister.

AAP

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Editorial: To Stabilize Employment, Trust the Market

Reforms must be implemented to tackle the challenges ahead, and provide desirable jobs for the majority of the population

Caixin Global

‘Do whatever it takes’: Beijing urged to act as China’s economy falters

Attempts to boost flagging GDP growth hindered by Covid lockdowns, Ukraine war and Sino-US tensions

The Guardian - UK

China’s small businesses buckle under lockdowns, as expats exit

Beijing’s controversial “dynamic zero COVID policy” is hammering the world’s second-largest economy.

Al Jazeera

China Faces Grim Economic Prospects, Experts Say

Analysts say the slowdown is attributable not only to China’s Covid policies but also to a crackdown on private enterprise, especially in the technology sector.

The News Lens

China fights economic slump, sticks to costly 'zero COVID'

China’s leaders are struggling to reverse a deepening economic slump without giving up a “zero-COVID” strategy that shut down Shanghai and other cities

The Independent UK

Can Xi Jinping vanquish Covid without crushing China’s economy?

In a crucial political year, a series of open-ended lockdowns have heaped pressure on struggling businesses

Financial Times

Why JD.com Stock Is Moving Lower

JD.com Inc (NASDAQ: JD) shares are trading lower Monday after the Chinese government warned of a complicated job situation amid COVID-19 restrictions.

Benzinga

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news in one place.

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Benzinga

Why Pinduoduo Shares Are Trading Lower

Pinduoduo Inc (NYSE: PDD) shares are trading lower Monday after the Chinese government warned of a complicated job situation amid COVID-19 restrictions.

Benzinga

Why Nio Shares Are Falling Today

NIO Inc (NYSE: NIO) shares are trading lower Monday after the Chinese government warned of a complicated job situation amid COVID-19 restrictions.

Benzinga

Why Alibaba Shares Are Sliding Today

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading lower Monday after the Chinese government warned of a complicated job situation amid COVID-19 restrictions.

Tribune News Service

China premier warns of ‘grave’ jobs situation amid lockdowns

Chinese Premier Li Keqiang warned of a “complicated and grave” employment situation as Beijing and Shanghai tightened curbs on residents in a bid to contain COVID-19 outbreaks in the country’s most important cities.

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news in one place.

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The Times of India

Covid-19: Videos of people being dragged into isolation censored in China

BEIJING: Videos of people being dragged from their homes by health workers in hazmat suits coursed through Chinese social media late Sunday before being pulled down on some platforms, as Shanghai’s intensive lockdown enters its seventh week.

Tribune News Service

Xi puts ideology before economy with market-busting lockdowns

China’s worst equity selloff since early 2020 reflects a growing concern about President Xi Jinping: He can’t afford the political costs of shifting from a COVID Zero strategy that is pummeling the economy.

The Hindu

A ‘drop the pin’ event in Chinese politics

There could be headwinds as the CPC prepares for its 20th Congress in autumn and tracks the ‘China Dream’

The Independent UK

Anti-virus shutdowns in China spread as infections rise

Anti-virus controls are shutting down some of China’s biggest cities and fueling public irritation as infections rise

Caixin Global

China to Boost Health Cooperation With Portuguese-Speaking Nations, Premier Says

Li Keqiang tells forum that Macao is a bridge that connects China and Lusophone countries

The Hindu

Twentieth Party Congress | A pivotal moment for China’s next decade

The once-in-five-year congress, set for later this year, will shape China’s politics for years to come

Al Jazeera

China resists tougher Russia response at ‘frank’ summit with EU

Chinese leaders tell EU counterparts they will push for peace in Ukraine in their ‘own way’.

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