by AIP Online Bureau | Apr 5, 2022 | Eco/Invest/Demography, Health, International News, Pandemic
The costs to the world’s second-biggest economy mount. Some 23 Chinese cities are under total or partial lockdown, affecting an estimated 193 million people in areas accounting for 13.6% of its gross domestic product, the Nomura brokerage said in a note on...
by AIP Online Bureau | Mar 29, 2022 | Eco/Invest/Demography, Health, International News, Pandemic, Policy
A survey conducted by a state newspaper found Shenzhen’s “war” on COVID-19 has hurt up to 93% of local small and medium-sized companies, with many suffering production disruptions because of shutdowns, interruptions in supply chains, and delays in...
by AIP Online Bureau | Mar 27, 2022 | Eco/Invest/Demography, Health, International News, Pandemic, Policy
The city houses factories belonging to the likes of Tesla , Volkswagen and the country’s largest chipmaker SMIC, as well as the mainland China headquarters of many international companies China reported a total of 4,448 new asymptomatic infections on March 26,...
by AIP Online Bureau | Mar 15, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
Shenzhen is the second-most important port in China after Shanghai, and processes about 10% of the containers shipped from China in any month. A part of the port was shut for weeks in mid-2021 to contain a local outbreak of Covid, but even then the port was able to...
by AIP Online Bureau | Jan 21, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
Corbin & King, the owner of London’s Wolseley and Delaunay restaurants is suing AXA for around 4.5 million pounds in a dispute that hinges in part on the scope of “denial of access” cover, designed to protect insured venues that are shut by...