Chinese coking coal and coke futures gained more than 5% each on Wednesday, buoyed by supply concerns as coal imports from Mongolia were disrupted by the recent outbreak of the Omicron coronavirus …
Monthly Archives For December 2021
China Basks in Covid-Zero Vindication as Omicron Closes Borders
The emergence of the highly-mutated form of the virus has provided some vindication for China’s Covid Zero approach, which saw the country close its border indefinitely at the b …
2022 Beijing Winter Games: China concerned about COVID-19 omicron effect on Olympics and Paralympics
At a daily briefing on Tuesday, China’s Foreign Ministry spokesperson Zhao Lijian said omicron would ‘certainly bring some challenges in terms of prevention and control’.
China wants higher vaccination rate among seniors, but hesitant people say Beijing is too pushy
They are not exactly anti-vaxxers because many of them seem to have had COVID shots themselves, but a large group of Chinese people took to social media to complain about a government campaign …
Beijing 2022 Winter Olympics: The Kashmiri skier taking India to Beijing
That was the moment he became the first, and so far only, Indian athlete to qualify for the 2022 Beijing Winter Olympics, which begins in February. For the 31-year-old, who hails from Gulmarg in …
Bondholder rejection forces China developer’s hand
Kaisa’s bondholders are upping their game. A group of investors has turned down the Chinese developer’s appeal to exchange $400 million in notes due in a week into a new, 18-month bond. The company …
US-China hypersonic weapons ‘arms race’ is underway, Air Force chief says
The U.S. Air Force affirmed Tuesday that a hypersonic weapons “arms race” is well underway between the United States and China.
China Averts Diesel Supply Crisis With Exports Poised to Climb
China has averted a full-scale diesel crisis after refiners quickly ramped up production, with excess supply poised to flow into a regional market starved of the industrial fuel. Top processors China …
China’s November factory activity slips back into contraction, private survey shows
China’s factory activity fell back into contraction in November as subdued demand, shrinking employment and elevated prices weighed on manufacturers, a business survey showed. The Caixin/Markit …
China’s Nov Factory Activity Slips Back Into Contraction – Caixin PMI
China’s factory activity fell back into contraction in November as subdued demand, shrinking employment and elevated prices weighed on manufacturers, a business survey showed on Wednesday. The …
China Basks in Covid Vindication as Omicron Closes Borders
Countries scrambled to impose travel curbs after the new omicron variant emerged. In China, it was business as usual.
Beijing junks the junkets and imperils Macau economy
Beijing had hoped to wean Macau off gambling and on to financial services. Chau’s arrest suggests that Chinese authorities no longer feel like waiting for that unlikely switch.
China reports highest daily local COVID-19 cases in nearly a month
China detected 91 domestically transmitted COVID-19 cases with confirmed symptoms for Tuesday, marking the highest daily count since Nov. 2 and a significant jump from 21 cases a day earlier, as the …
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