Page 28 - China

Oil falls over 5% on Russia-Ukraine talk hopes, China's travel ban

Oil prices fell more than 5% on Monday to lowest in nearly 2 weeks amid hopes for progress toward a diplomatic end to Russia-Ukraine war, while a Covid-linked travel ban in China cast doubt on demand

US NSA meets Chinese official for 'substantial discussion' on Ukraine war

US National Security Advisor Jake Sullivan met Director of Office of the Chinese Foreign Affairs Commission Yang Jiechi and raised issues in US-China ties, with 'substantial discussion' on Ukraine war

China's daily Covid-19 cases double as outbreak grows in northeast Jilin

China posted a steep jump in daily Covid infections on Tuesday, with new cases more than doubling from a day earlier to a two-year high as a virus outbreak expanded rapidly in the country's northeast

Russia urges food assistance, other aid from China amid war: Report

Russia has requested both military and financial assistance from China amid the ongoing war in Ukraine

US 'bluntly' warns China to avoid supporting Russia's invasion in Ukraine

US adviser Jake Sullivan warned a Chinese official about Beijing's support for Russia's invasion in Ukraine, even as Kremlin denied reports stating that it had requested Chinese weapons to use in war

China's lockdowns due to Covid surge could threaten half of economy

Widespread lockdowns in China akin to the measures just taken in the southern technology hub of Shenzhen could affect half of the country's gross domestic product

Chinese banks ask India to expedite Reliance Infratel bankruptcy process

Three lenders have combined exposure of Rs 13,483 cr in the troubled firm; express concern that despite tight deadlines mentioned in IBC, debt resolution is far from over

Oil falls $7 on Russia-Ukraine talk hopes, Covid lockdowns in China

Russia's output of oil and gas condensate rose to 11.12 million barrels per day (bpd) so far in March, two sources familiar with production data told Reuters, despite sanctions

China battles multiple Covid outbreaks, driven by stealth Omicron

The surge on the Chinese mainland is infecting people in cities ranging from Shenzhen to Qingdao on the coast, to Xingtai in the north and the numbers have crept steadily higher since early March

China records more local Covid cases so far this year than in whole of 2021

China has reported more local symptomatic Covid cases so far this year than it recorded in all of 2021, as the highly transmissible Omicron variant triggers outbreaks from Shanghai to Shenzhen

Oil prices shed $4 a barrel, extending losses ahead of Fed meeting

Oil prices shed as much as $4 a barrel on Monday, extending last week's decline as diplomatic efforts to end the war in Ukraine were stepped up and markets braced for higher U.S. rates

China to face consequences if it helps Russia evade sanctions: Sullivan

US National Security Adviser Jake Sullivan, who is due to meet China's top diplomat Yang Jiechi in Rome, warned Beijing it would face consequences if it helped Russia evade sanctions over Ukraine war

India's new ambassador to China Pradeep Kumar Rawat takes charge

India's new ambassador to China Pradeep Kumar Rawat assumed charge on Monday.

Foxconn halts Shenzhen operations, adjusts China production on Covid curbs

Major Apple Inc supplier and iPhone assembler Foxconn said on Monday it has suspended operations in the Chinese city of Shenzhen to comply with the local government's COVID-19 control policies

Russia seeking military assistance from China in Ukraine: US official

A US official said Russia asked China for military equipment to use in its invasion of Ukraine, a request that heightened tensions about the ongoing war

Major Chinese cities impose restriction as Covid-19 cases surge

Amid a rapid resurgence of Covid-19 cases in China, two of the country's biggest cities, Shenzhen and Shanghai, have imposed strict virus measures.

US, China aides to meet as tensions mount over Russia-Ukraine war

The US and China are sending top aides to Rome on Monday as tensions between the two countries mount over the Russia-Ukraine war and worries spread that the conflict will take even darker turns.

Covid-19 pandemic: China shuts tech hub, 17 million put in lockdown

Shanghai had been spared a citywide order to stay at home, but individual housing compounds were being locked down

China on brink of biggest Covid crisis since Wuhan as cases triple

China's high-tech Shenzhen city, which has a population of over 17 million, was latest to shut down to control the surge of COVID cases, as government scrambled to contain worst outbreak of virus.

China returns to mass shutdowns as Covid-19 infections surge

China has once again resorted to mass shutdowns of its cities, including schools and markets as the country experiences the most significant surge in Covid-19 cases