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Airlines slam Covid test plan for Chinese travellers

  Bloomberg The airline industry’s global lobby group condemned national moves to introduce Covid tests and other measures for passengers arriving from China as travel from the Asia nation resumes despite a flareup in the virus. The measures represent a knee-jerk reinstatement of steps that have proven ineffective in stemming the pandemic over the past three years, the International Air ...

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Tesla China shipments slump amid output cuts in Dec 2022

Bloomberg Deliveries from Tesla Inc’s Shanghai factory slumped in December after a record November as production was temporarily suspended due to equipment upgrades and lackluster consumer demand. The Texas-based company shipped just 55,796 China-made vehicles last month, almost half the month prior, according to preliminary data released by China’s Passenger Car Association (PCA) on Thursday. The PCA didn’t provide a ...

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Hong Kong raises $5.8b in largest-ever green deal

  Bloomberg Hong Kong sold the equivalent of $5.8 billion of green bonds denominated in three currencies, as debt markets roared back to life amid a global rush of deals. The city priced $3 billion of dollar bonds across four tenors, a 1.25 billion euro ($1.3 billion) two-tranche note and a 10 billion offshore yuan ($1.5 billion) portion, according to ...

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