Factories forced to shut down in China amid COVID surge

Dec 26, 2022

The Chinese economy was already struggling when Beijing abruptly relaxed its stringent zero-Covid policy. Retail sales had contracted in November because of widespread lockdowns,...

China rations electricity to factories as heatwave affect economy

Aug 16, 2022

Beijing [China], August 16 : Chinese Sichuan province, which is home to over 80 million people, announced on Monday that their factories and prefectures...

China's power crisis hampers its economic growth

Oct 10, 2021

Beijing [China], October 10 : China, the biggest manufacturing country in the world, is facing an electricity crisis, forcing factories to reduce operations, power...

China facing fiercest heat wave in 6 decades, forcing factories to close

Aug 17, 2022

Hong Kong, August 17 : China's worst heatwave in 60 years is forcing factories to close with temperatures crossing 40 degrees Celsius (104 degrees...

Vietnam may replace China as factory of the world in near future

Jun 25, 2022

Beijing [China], June 25 : Owing to greater opportunities with cheaper prices over land purchasing rights, labor wages, operational expenses for factories and warehouses,...

Are India and Vietnam trade ties growing?

Jan 25, 2021

Singapore, January 25 : As India and Vietnam compete to complement China as "factories of the world", is there room for cooperation between the...