Search
+
    SEARCHED FOR:

    GUANGZHOU DAILY

    China may launch next-generation crewed spacecraft as early as 2027

    China's next-generation crewed spacecraft, which can transport up to seven astronauts, may fly for the first time between 2027 and 2028. Recent tests on the return capsule of the next-generation spacecraft have been "very successful", with their first flights estimated to take place between 2027 and 2028, said Yang Liwei, currently deputy chief designer of China's manned spaceflight project.

    Up to 70% of Shanghai population infected with Covid: Top doctor

    The steep rise in infections came after years of hardline restrictions were abruptly loosened last month with little warning or preparation, and quickly overwhelmed hospitals and crematoriums. Chen Erzhen, vice president at Ruijin Hospital and a member of Shanghai's Covid expert advisory panel, estimated that the majority of the city's 25 million people may have been infected.

    Why China's economy faces a perilous road to recovery

    Now, faced with an unpredictable — and uncontrolled — epidemic and financial uncertainty, people and companies are spending cautiously, suggesting that the road to recovery will be uneven and painful.

    Why China’s economy faces a perilous road to recovery

    China is also confronting broader challenges beyond its borders. The global economy is slowing, dragged down by high inflation, an energy crisis and geopolitical turmoil. As American and European shoppers tighten their budgets, China increasingly faces a double blow of slumping demand both at home and abroad. Weak spending is further depressing the already razor-thin or nonexistent profit margins of many of the small private businesses that power China’s economy.

    COVID protests escalate in Guangzhou as China lockdown anger boils

    The clashes, which follow protests in Shanghai, Beijing and elsewhere, erupted as China posts record numbers of COVID cases daily and health officials, including in the southern region around Guangzhou, announced a slight loosening of the curbs. Mainland China's biggest wave of civil disobedience since the 1989 Tiananmen protests comes as its economy sputters after growing at breakneck rates for decades.

    China records drop in new daily COVID cases

    On Monday, China posted a record daily high of 40,347 cases - 3,822 symptomatic and 36,525 asymptomatic infections, which China counts separately.

    The Economic Times
    BACK TO TOP