Here’s why China was largely unaffected by Friday’s IT outage
While businesses in the U.S. and Europe woke up Friday to a global IT outage that disrupted airports and hotels,
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Air China Ltd
Very few U.S.-China flights are back despite the end of Covid
In contrast, flights between the Middle East and mainland China have picked up significantly. Source link
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China’s recovery is taking longer than expected, so Citi is pushing back its stock rebound forecasts
Earnings from Chinese e-commerce giants JD.com and Alibaba have also indicated that consumers remain conservative about spending. Source link
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Chinese stocks rally on reopening hopes; Morgan Stanley upgrades to overweight
Beijing and Shenzhen announced over the weekend they would lift measures that required commuters to show negative Covid test results
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Chinese jet aborts takeoff, catches fire
There were no deaths and only minor injuries among the 113 passengers and nine crew members on board, the airline
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