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US visitors will need negative virus-test results, says China

Bloomberg China will require passengers arriving on direct flights from the US to provide negative Covid-19 nucleic-acid test results taken within 72 hours of the flight. Passengers travelling from the US to China, and those transiting in any country that the Chinese government has listed as requiring the screening, must have negative Covid-19 results from a test done within three ...

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India to make vaccine for ‘neighbours’

Bloomberg Indian pharmaceutical companies will be among the largest producers of a coronavirus vaccine once it is available and will ensure supplies to friendly nations in the neighbourhood, said Foreign Secretary Harsh Vardhan Shringla. India’s relations with Nepal, Bangladesh and Sri Lanka have never been better “contrary to impressions,” Shringla said at a foreign policy seminar. The South Asian nation, ...

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Chinese developers face liquidity test as curbs loom

Bloomberg Chinese developers are facing the biggest liquidity test in more than four years, exacerbating challenges brought on by stringent funding restrictions and a prolonged profitability drop. Cash reserves of the nation’s 50 largest-listed home builders were just enough to cover short-term debt as of June 30, the least since 2016 when China began deleveraging its economy, according to recent ...

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