Chinese factories to face headwinds in next phase of post-lockdown recovery

Prices of copper and steel have surged and share prices for Chinese blue chips struck five-year highs, as state-funded infrastructure projects drove up production of cement, steel and non-ferrous metals. Railway investment, for example, soared 11.4% in April-June from a year earlier versus a 21% drop in the first quarter. Industries also gained from pent-up … Read more

Hong Kong bans protest anthem in schools as fears over freedoms intensify

New security legislation imposed on Hong Kong by Beijing requires the Asian financial hub to “promote national security education in schools and universities and through social organisations, the media, the internet”. The school anthem ban will further stoked concerns that new security laws will crush freedoms in China’s freest city, days after public libraries removed … Read more

India has one of the lowest COVID-19 cases per million in world

Chile has witnessed around 15,459 cases of COVID-19 per million population, while US over 8,500, Brazil over 7,419 and Spain witnessed over 5,358 cases per million population. The WHO Situation Report also shows that India has one of the lowest deaths per million population. India’s cases of death per million population is around 14 while … Read more

Japan responds to disaster amid coronavirus

Elsewhere in the gym, cardboard partitions separate the 233 evacuees’ sleeping areas and another sign instructs them to check their temperature each morning, then sterilise the thermometers. The measures show what a thorny issue it is for Japan to deal with natural disasters in the time of coronavirus. Japanese authorities have been warning local officials … Read more