China’s factories, power plants and farms are fielding the worst effects of a surge in commodity costs that’s yet to hurt the wallets of the nation’s citizens.
Monthly Archives For June 2021
Asia stocks mixed; China’s May exports misses forecasts
China’s exports in dollar terms rose 27.9% in May as compared with a year earlier, according to customs data released Monday.
China’s imports grow at fastest pace in a decade as commodity prices surge
China’s imports grew at their fastest pace in 10 years in May, fueled by surging commodity prices, while export growth missed expectations.
China May iron ore imports down 8.9% m/m amid rising overseas demand
China’s iron ore imports in May fell 8.9% from a month earlier, official customs data showed on Monday, as shipments from major miners were at lower seasonal levels while recovering overseas markets …
China: Exports slow but imports jump
China’s trade growth showed slower exports but faster imports. What’s behind this divergence? Exports in May grew 27.9%YoY, which is slower than the consensus expectation of 32% growth. The main …
China’s May Exports, Imports Below Expectations But Still Strong
BEIJING–China’s exports and imports in May grew less than the market expected, though they expanded strongly compared with the same period a year …
Chinese milk tea maker Nayuki closer to HK IPO
Chinese milk tea maker Nayuki expects to be “the first stock in a new tea-based drinking sector” to go public as the firm has passed the listing hearing of the Hong Kong Stock Exchange, the…
China trade surges as demand in US, other markets rebounds
China says its exports surged nearly 28% in May while imports jumped 51% as demand recovered in the U.S. and other markets where the pandemic is waning …
Will Europe sign up to Joe Biden’s plan to counter China?
The EU has become more sceptical about Beijing but some leaders worry about Washington’s new cold war rhetoric …
China science, technology news summary — June 7
The following is a summary of published science and technology news of China. VIRTUAL STUDENT. Hua Zhibing, China’s first virtual student, announced re …
China Targets Apps In Tech Crackdown
Chinese authorities increasingly are limiting ways tech companies in the country are allowed to operate, and social media companies continue to face scrutiny.
China blocks several cryptocurrency-related social media accounts amid crackdown
A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on bitcoin trading and mining.
China hosts Southeast Asian ministers as it competes with US
China is hosting foreign ministers from 10 Southeast Asian nations amid heightened competition between Beijing and Washington for influence in the region …