China’s central bank is set to unveil more easing steps to support slowing growth, though it will likely favour injecting more cash into the economy than cutting interest rates too aggressively, …
Monthly Archives For January 2022
Didi in talks for a second-quarter IPO in Hong Kong on its way to delisting from New York, sources say
Didi bankers are now busy finding a solution to make sure the company can meet with all the listing requirement in Hong Kong Hong Kong government and the local burse has rolled out red carpet…
China suspends another two United Airlines flights from Jan 24 over COVID-19 cases
China’s aviation regulator said on Wednesday that it would suspend two United Airlines (UALCO.UL) flights from San Francisco to Shanghai from the week of Jan. 24 after seven passengers tested positive …
From “Made in China” to “Made With Chinese Technology” | GAC MOTOR Goes Global With Award-Winning Tech
Innovation is a new engine of China’s growth. In the last decade, GAC MOTOR and many other Chinese brands have shifted from “made in China” to “made with Chinese technology.” GAC MOTOR has had …
China’s tech startups generated a record $131B in 2021 despite intense gov’t regulation
Chinese startups defied growing government regulation in 2021: Record investments point to strong momentum and confidence in tech and innovation.
Chinese Technology Stocks Jump as Cheap Valuation Lures Buyers
A gauge of Chinese technology shares rallied by the most in over a weak as investors took advantage of attractive valuations in the battered sector and the prospect of looser monetary policy …
China’s Dalian sees 2 test positive for COVID-19
A staff member works in a “Falcon” air-inflated laboratory for COVID-19 nucleic acid testing in Dalian, northeast China’s Liaoning Province, Nov. 24, 2021. (Xinhua/Yao Jianfeng) DALIAN, Jan. 12 …
Zero-Covid China fights to contain Omicron as restrictions tighten
China’s northern port city of Tianjin and central province of Henan have further tightened Covid restrictions as the highly contagious Omicron variant continues to spread, posing the gravest challenge …
World Bank slashes global growth forecast and warns about growing inequality
Global growth is expected to slow from 5.5% in 2021 to 4.1% in 2022 and 3.2% in 2023 as more nations start unwinding policy support, the World Bank said.
China’s Omicron-hit Tianjin launches new round of tests
The Chinese city of Tianjin started a new round of testing of its 14 million residents on Wednesday to block the Omicron variant, as financial analysts warned of the growing economic costs on China of…
Goldman cuts its China GDP target for 2022 — and exports aren’t the problem
Goldman Sachs cut its 2022 forecast for China’s economic growth Tuesday in expectation of increased restrictions on business activity to contain omicron.
China’s zero-Covid lockdowns could reignite global supply chain delays, says UBS
Kelvin Tay of UBS Global Wealth Management says global supply chain disruptions could be restarted if China locks down key production centers and ports as part of its zero-Covid policy.
Xinhua Silk Road: E. China’s Wuhu values innovation, provides comprehensive supports to business
The city of Wuhu in east China’s Anhui Province features an intrinsic value of innovation, which guides it to create a supportive and inclusive environment for the innovative bodies, leading to a self …
