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China Says No Bullet Trains, Vacations Or Luxury Stays For Debt Skippers As Delinquency List Soars to 8M
The Chinese government is tightening the noose on debt defaulters, imposing stringent penalties that include restrictions on high-speed rail travel and luxury accommodations. This move is part of a broader crackdown on unpaid bills. read more.....»»
China EV Updates: Nio Tests New Power Swap Station, XPeng"s Travel Statistics, Geely, Baidu Make Progress On JV, Xiaomi Downplays Rumors
Here's the latest news from the growing Chinese electric vehicle sector. read more.....»»
Coronavirus will change how we shop, travel and work for years
Every economic shock leaves a legacy. The deadly coronavirus will be no different......»»
Coronavirus could change how we shop, travel and work for years
Every economic shock leaves a legacy. The deadly coronavirus will be no different......»»
China airlines report $3 billion loss in Feb as virus erodes travel demand: regulator
Chinese airlines reported a total loss of 20.96 billion yuan ($3 billion) in February as the coronavirus epidemic spread and hit travel demand, the aviation regulator said on Thursday......»»
China Inc thinks outside the box as coronavirus keeps consumers at home
With Chinese consumers hit by quarantine and travel restrictions as well as just wary about venturing out to the shops due to the coronavirus epidemic, companies in the world's most populous nation are experimenting with new tricks to make sales......»»
Chinese Crypto and Blockchain Firms Grapple With Coronavirus Outbreak
The outbreak has complicated tech upgrades, product development, logistics and business travel at crypto exchanges and other blockchain firms in China......»»
Coronavirus prompts FDA to detail screening of Chinese-made products
Travel restrictions imposed by the U.S. government have hindered the FDA’s ability to conduct routine inspections of goods imported from China......»»
China"s coronavirus outbreak kicks Boeing while it"s down
Chief Financial Officer Greg Smith said Wednesday that the company is “spending a lot of time†with Chinese airline customers, trying to help them navigate a downturn in travel......»»
Coronavirus uncertainty subdues global shares, dollar eases after rally
Global shares sank on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares rose as authorities lifted some work and travel curbs, helping businesses to resume operations......»»
Virus uncertainty weighs on global shares, dollar takes breather
Global shares fell on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares rose as authorities lifted some work and travel curbs, helping businesses to resume operations......»»
China"s return to work lifts local stocks while rest of Asia trails
Asian shares fell on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares gained as authorities lifted some work and travel restrictions, helping businesses to resume operations......»»
Asian markets stem losses as China returns to work but sentiment jittery
Asian shares pared early losses on Monday as Chinese authorities lifted some coronavirus-related restrictions on work and travel, helping businesses resume work though overall sentiment was still jittery as the death toll from the epidemic climbed......»»
As coronavirus travel restrictions keep Chinese tourists at home, a world that has grown dependent on them feels their absence
Hotels and travel agencies catering to Chinese have seen what one employee in Rome called a “bloodbath†of cancellations, affecting everywhere from Swiss ski resorts to Trier, Germany, the birthplace of Karl Marx......»»
Jim Cramer: Tuesday"s relief rally created an "opportunity" for profit-taking
"I'd use this rosy moment to reposition, do some selling in stocks that are too levered to Chinese consumer travel ... I think those have got downside," the "Mad Money" host says......»»
100,000 Chinese "Under Observation" As Coronavirus Deaths Soar; State Dept Issues "Do Not Travel" To China" Advisory
100,000 Chinese "Under Observation" As Coronavirus Deaths Soar; State Dept Issues "Do Not Travel" To China" Advisory.....»»
Chinese content plays like iQiyi could benefit as coronavirus curtails travel, says strategist
Wedbush Chief Technology Strategist Brad Gastwirth said in a note to clients Tuesday that Chinese content plays iQiyi.....»»
Chinese travel restrictions now cover 16 cities, 46M people, CNBC"s Yoon says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Your Digital Self: Chinese censorship, New Year travel complicate effort to contain coronavirus
The SARS outbreak in 2003 gives a roadmap of what to expect with the new Wuhan virus that’s spreading to other countries......»»
Steep losses in China stocks hit Asia, oil tumbles as virus fears grow
Asian shares tumbled on Thursday, led by the biggest slide in Chinese stocks in more than eight months, as investors grew more anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year......»»