The development comes as companies have been intending to diversify their supply chains from China. Trade tensions between US and China have also sparked concerns among businesses.
Peng Lifa, also known as "Bridge Man" is widely believed to be the person responsible for initiating one of the greatest protests in China since the Tiananmen Square Massacre, which happened in 1989.
Chinese economy bounced back after the government lifted its zero-COVID-19 restrictions in December. However, the recovery of the Chinese economy has lost steam.
The DC directed the concerned departments to focus on the completion of pending works well before the commencement of the Yatra, keeping in mind the increased influx of pilgrims being anticipated due to easing out of Covid restrictions.
According to a report in The Express Tribune, the amount spent on Eid in 2023 was around PKR 432 billion, which was the lowest amount in ten years. This is significantly less than the previous high of PKR 1.1 trillion in 2018 and even less than the PKR 480 billion spent in 2021 amid the Covi
In the hope of earning a good income, a group of farmers in Dechhenling Gewog has resumed their broom-making business after three years as COVID restrictions have been lifted, reported The Bhutan Live.
While most other countries began reopening to international travel earlier, China only began emerging from its zero-Covid policies in late 2022, after protests broke out against the hardline restrictions.
The airlines said in a statement that this is due to "the robust demand for air travel continuing into the third quarter of FY2022/23, building on the momentum that began after Singapore relaxed its border restrictions in April 2022." SIA financial year starts in April.
In its earnings report published today, the airline operator attributed the rise in profits to robust demand for air travel - after Covid restrictions.
Since China abandoned its zero-COVID policy, its domestic challenges have increased, youth unemployment is high, the economy is slowing down, and COVID infections and deaths have accelerated.