Activities in China’s manufacturing and services sectors contracted quickly in March as local governments locked down major factory and trade hubs to curb the worst resurgence of COVID-19 cases since early 2020. The Caixin/Markit survey showed on April 1 that China’s manufacturing Purchasing Managers’ Index (PMI) shrank to 48.1 in March, indicating the steepest rate of contraction…
China’s Factory Activity Contracts at Fastest Pace in 2 Years Amid Worsening COVID Outbreaks
China’s Economic Activity Contracts Rapidly Amid Worst COVID Outbreaks in 2 Years
Activities in China’s manufacturing and services sectors contracted quickly in March as local governments locked down major factory and trade hubs to curb the worst resurgence of COVID-19 cases since early 2020. The Caixin/Markit survey showed on April 1 that China’s manufacturing Purchasing Managers’ Index (PMI) shrank to 48.1 in March, indicating the steepest rate of contraction…
CCP’s Lockdown Propaganda Ignites Fury Among Sealed-In Chinese Residents
March 31, 2022
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As many locals struggled to secure their next meal under China’s harsh COVID lockdowns, officials urged calm by launching a social media campaign aimed at showing how well stocked sealed-in residents were. It didn’t end well. It started with a leaked official memo instructing Chinese Communist Party officials in a northeastern Chinese city to flood…
China’s Draconian Lockdowns Are Fueling Rising Discontent
March 30, 2022
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After two years of living under some of the world’s most restrictive COVID-19 policies, a growing number of Chinese residents appear to have finally had enough. Rumblings of frustration can now be heard from inside residents’ buildings, on the streets, in hospitals, and on school campuses, a rare show of defiance in a country known…
China Pulls Keanu Reeves Movies Over Tibet
It’s day two for lockdown orders in China’s top financial hub. A Tesla factory closes its doors for the week, while bankers are spotted camping out in their offices. Across China, strict stay at home measures are driving citizens to get creative–and find new ways to make ends meet. A man found dead in his…
‘I Cannot Watch My Father Waiting to Die at Home:’ Residents in Locked-Down Shanghai Being Denied Medical Care
Tragic scenes emerged in locked-down Shanghai as residents in poor health struggled to obtain medical services amid the city’s harsh COVID restrictions. Battling a new wave of COVID-19 infections, Shanghai has moved to enact the country’s biggest city-wide lockdown, since Wuhan, as authorities rush to shut off every chain of infection. The eastern Chinese port and…
UK Police to Issue First 20 Fines Over Lockdown Parties in Government Buildings
British police said the first 20 fines over alleged lockdown-beaching parties in Downing Street and Whitehall were set to be issued on Tuesday. Prime Minister Boris Johnson has been plagued by a series of damaging allegations of parties and other gatherings held in his official residence at Number 10 Downing Street and other government departments…
Biden Proposing 20% Min Tax on Wealthy; Yield Curve Inverted, Recession on the Way? | NTD Business
President Joe Biden announces his budget plan for 2023, including a new minimum tax targeting billionaires. Shanghai, with a population of 26 million, is going under lockdown. This is the biggest one since Wuhan 2020. Are we facing a recession? A key warning light is flashing. Google is warning billions of Chrome users that the…
China Announces Biggest Lockdown, Covering 26 Million in Shanghai
China’s financial hub of Shanghai announced a two-phased lockdown on March 27, a day after city officials denied they planned a citywide lockdown amid a surge in COVID-19 cases. Shanghai, one of China’s largest cities with 26 million people, had never implemented a full-scale citywide lockdown since the Chinese regime launched its zero-COVID playbook at…
Residents Protest Against COVID-19 Lockdown in China’s Mega City Shenzhen
March 27, 2022
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The Chinese communist regime’s mass COVID-19 lockdowns have sparked public outrage. On March 21, hundreds of residents in a community being locked down in the Nanshan District of Shenzhen for a month protested, demanding their freedom. One man in the community died during the lockdown. A resident recounted the events to the Chinese edition of…
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