Tencent, the Chinese games, social media and streaming giant, reported further quarterly profits recovery after a dire 2022. But its revenues for the April-June period missed financial analysts’ expectations and point to continued weakness in the Chinese economy. Group revenues for the period were RMB149 billion ($20.6 billion), representing an 11% year-on-year growth, but a …
Three local officials in Shanghai have been sacked over a slack response to the COVID-19 outbreak in China's largest city, where residents are complaining of harsh lockdown conditions leading to shortages of food and basic necessities.
BEIJING — Three local officials in Shanghai have been sacked over a slack response to the COVID-19 outbreak in China’s largest city, where residents are complaining of harsh lockdown conditions
BEIJING (AP) Three local officials in Shanghai have been sacked over a slack response to the COVID-19 outbreak in China’s largest city, where residents are complaining of harsh lockdown conditions leading to shortages of food and basic necessities.