PHNOM PENH-China has been playing a major role in promoting global peace, public health and common development, Cambodian figures say. China has unwaveringly upheld multilateralism and free trade and …
Monthly Archives For January 2022
China Cuts Interest Rate as Growth Risks Worsen With Omicron
China’s central bank cut its key interest rate for the first time in almost two years, bolstering an economy that’s losing momentum in the face of repeated virus outbreaks.Most Read from BloombergOne …
China’s central bank cuts two key rates to support slowing economy
China’s central bank on Monday cut two key interest rates that would likely translate into lower benchmark lending rates, in a bid to provide more support for the slowing economy.
OCBC Bank: China’s 2022 Growth To Ease Further To 5%
OCBC Bank Head of Treasury Research & Strategy, Global Treasury, Selena Ling, expects China’s GDP growth to ease further to around 5 percent this year. She was speaking with Yvonne Man and David …
China’s economy grew 8pc in 2021 but property, virus threats loom
China’s economy expanded at its fastest pace for 10 years in 2021, according to an AFP poll of analysts, but its strong recovery from the Covid-19 pandemic is threatened by Omicron and a property …
China 2021 crude steel output retreats 3% from record high on stringent production curbs
China’s annual crude steel production fell for the first time in six years in 2021, retreating from record levels it logged in 2020 as the country steps up efforts to contain emissions in its mammoth…
Brent Oil’s Rally to Seven-Year High Falters on China Weakness
Brent oil’s run to the highest intraday level since 2014 faltered after data signaled economic growth slowed in China, the top crude importer.Most Read from BloombergOne of the World’s Wealthiest Oil …
Chinese cities on high COVID-19 alert as peak Lunar New Year travel season starts
Several Chinese cities went on high COVID-19 alert as the Lunar New Year holiday travel season started on Monday, requiring travellers to report their trips days before their arrival, as the Omicron …
FOCUS: China’s economy may slow in 2022 on zero corona policy, Xi’s ambition
China’s economy is expected to slow down ahead of the ruling Communist Party’s twice-a-decade congress in fall 2022 as President Xi Jinping’s radical “zero corona” policy and socialist ambition are …
Asian shares mixed after China reports slowing growth
Shares were mixed in Asia on Monday after China reported that its economy expanded at an 8.1% annual pace in 2021, though growth slowed to half that level in the last quarter. Tokyo, Shanghai and…
China’s economy grows 8.1% in 2021, slows in second half
China’s economy grew by 8.1% in 2021 but Beijing faces pressure to shore up activity after an abrupt slowdown in the second half. In the final three months of 2021, growth of the world’s …
China, Africa push toward next stage
CHEN YAQIN/XINHUA Shift to high-quality development on the way after steady gains, forum told China and Africa are poised to build on the gains resulting from economic cooperation, with a shift to …
China’s Shenzhen reports 2 new local COVID-19 cases
Citizens queue up for nucleic acid testing at a testing site in Shenzhen, south China’s Guangdong Province, Jan. 11, 2022. (Xinhua/Liang Xu) SHENZHEN, Jan. 17 (Xinhua) — South China’s metropolis of …
