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,...

Pakistan's textile factories shut down due to shortage of cotton

Oct 04, 2022

Islamabad [Pakistan], October 4 : The already fragile Pakistan economy, hit hard by the devastating floods, now faces the shutdown of textile factories as...

Factories forced to shut down as power scarcity grips China's Sichuan

Sep 05, 2022

Beijing [China], September 5 : Amid an extreme surge in temperatures across China, several factories have been forced to close down in Sichuan province...

Investors leave China amid slumping economy, stern COVID policies

Apr 27, 2022

Beijing [China], April 27 : China's economic slowdown and country's high handed in tackling COVID-19 are pushing the investors to move out of the...

China 'renews' orange alert for high temperatures

Jul 28, 2022

Beijing [China], July 28 : As intense heat waves continue to linger in China, the country's national observatory issued an orange alert for high...

China 'renews' orange alert for high temperatures

Jul 24, 2022

Beijing [China], July 24 : As intense heat waves continue to linger in several parts of China, the country issued an orange alert for...