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China Covid lockdown
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China's Nov factory, services activities fall to 7-month lows on Covid curbs
China's factory activity contracted at a faster pace in November, an official survey showed on Wednesday, weighed down by Covid-19 curbs and softening global demand, underscoring the increasing pressure faced by the world's second-largest economy.
Apple supplier Foxconn quadruples bonuses to staff hit by China Covid lockdown
Apple supplier Foxconn said on Tuesday it has quadrupled bonuses on offer for workers at its Zhengzhou plant in central China as it seeks to quell discontent over Covid curbs and retain staff at the giant iPhone manufacturing site.
Chinese mega city Chengdu extends lockdown of most districts as Covid spreads
Chengdu, capital of the southwestern Chinese province of Sichuan, extended the lockdown of most of its districts on Thursday, hoping to stem further transmission of Covid-19 cases in the city of 21.2 million.
September 7, 2022 | 07:09 pm PT