Beijing shuts parks, Shanghai tightens entry as COVID cases spike | Business and Economy News

[ad_1] China’s capital closes more public venues, and Shanghai to impose strict entry rules from Thursday. Parks and museums have been closed in Beijing while Shanghai has tightened rules for people entering China’s financial hub as authorities grapple with a spike in COVID-19 cases and growing concerns about the economy. China reported 28,127 new domestically transmitted cases on Monday, close to its daily peak from April. About half of the total infections are in the…

"Beijing shuts parks, Shanghai tightens entry as COVID cases spike | Business and Economy News"

China news: Chilling UK future of ’empty shelves’ laid bare as Beijing powerplay exposed | World | News

[ad_1] UK businesses have grown increasingly uneasy as tensions over Taiwan skyrocket, and Beijing’s relationship with Washington takes a nosedive. Tony Danker, the head of the Confederation of British Industry, has warned in the wake of escalating tensions that the UK should look to pull away from a reliance on China for imports. Mr Danker told the Financial Times: “Every company that I speak to at the moment is engaged in rethinking their supply chains…

"China news: Chilling UK future of ’empty shelves’ laid bare as Beijing powerplay exposed | World | News"

Shanghai’s food crisis prompts residents in Beijing to stockpile supplies.

[ad_1] Some Beijing residents have started stockpiling food in their homes in case the city imposes a lockdown, after seeing reports of food shortages and even street fights over food during a lockdown in Shanghai. Liu Chang, a 29-year-old Beijing resident who lives with his girlfriend, has stocked enough food to last three months. He is worried about possible shortages as well as price gouging in the coming months. “No matter which city it is,…

"Shanghai’s food crisis prompts residents in Beijing to stockpile supplies."