China markets tank as protests erupt over Covid lockdowns | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

Shares open sharply lower in China after protests escalate over zero-Covid measures.

China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment. Hong Kong’s Hang Seng\n \n Index fell as much as 4.2% in early trading. It was last down 3.5%. The Hang Seng\n \n China Enterprises Index, a key index that tracks the performance of mainland Chinese companies listed in Hong Kong, tumbled 3.6%.

The markets tumble comes after protests erupted across China in an unprecedented show of defiance against the country’s stringent and increasingly costly zero-Covid policy. In the country’s biggest cities, from the financial hub of Shanghai to the capital Beijing, residents gathered over the weekend to mourn the dead from a fire in Xinjiang, speak out against zero-Covid and call for freedom and democracy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Im sure it wont last long

His name is ArashSadeghi, he is suffering from cancer but has been arrested by Islamic regime! He needs special diet and immediate treatment, but the regime forbidden him from any medical care! He has spent whole his life fighting for freedom! Please be his voice! MahsaAmini

They really know how to protest over there.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Protests erupt across China in unprecedented challenge to Xi Jinping's zero-Covid policy | CNNProtests are erupting across China, including at universities and in Shanghai where hundreds chanted 'Step down, Xi Jinping! Step down, Communist Party!', in an unprecedented show of defiance against the country's stringent and increasingly costly zero-Covid policy. I saw the background of some organizations launching a general offensive, a familiar background.
Source: cnni - 🏆 326. / 59 Read more »

China's Latest COVID Outbreak Strains CCP Zero-Covid MeasuresAnother record wave of COVID infections in China is being met with more lockdowns, frustrating some Chinese citizens. See potential bias and similarities in coverage from AP, axios, and nypost: AP axios nypost Klaus Schwab is sending Xi his approval...
Source: AllSidesNow - 🏆 572. / 51 Read more »

Got a weird COVID-19 symptom? You’re not alone.From COVID tongue to COVID toe, doctors have seen some bizarre cases. COVID19 COVID CovidIsntOver COVIDSymptoms
Source: SAcurrent - 🏆 607. / 51 Read more »

China's Urumqi to ease Covid lockdown amid public anger over deadly fire | CNNChinese authorities said Saturday they would ease a months-long Covid lockdown in the country's far western region of Xinjiang 'in stages', following protests over a deadly fire at an apartment building in the regional capital of Urumqi. 必须推翻共产邪恶的政府,人民才能自由。 Less Dollar! More Work!!
Source: cnni - 🏆 326. / 59 Read more »

Apple has a huge problem with its supplier's iPhone factory in China | CNN BusinessA violent workers' revolt at the world's largest iPhone factory this week in central China is further scrambling Apple's strained supply and highlighting how the country's stringent zero-Covid policy is hurting global technology firms. Remember when Steve Jobs made fun od chinese Apple workers who commited suicide because they where desperate? If the phones are made in China how does Apple justify the ridiculous prices? Fucking CNN's reports! Why donot you say the shitting US's chip policy is hurting global cooperation and economy.
Source: cnni - 🏆 326. / 59 Read more »

Apple iPhones in short supply on Black Friday on China COVID lockdownApple iPhones in short supply on Black Friday as China's COVID-19 lockdown disrupts manufacturing, report says
Source: BusinessInsider - 🏆 729. / 51 Read more »