Goldman Sachs cut its 2022 forecast for China’s economic growth Tuesday in expectation of increased restrictions on business activity to contain omicron.
Monthly Archives For January 2022
MNCs feeling buoyant about China in 2022
Against such a background, what is your assessment of China’s economic growth prospects in 2022 and beyond? Q2: Within the macro context discussed earlier, how do you see your company’s performance in …
China’s Disappearing Brand of Rural Tourism Threatened by Modernization and High Speed Trains
Rural tourism in China is increasingly being threatened as “slow trains” increasingly become a rarity when the country embarked on a series of “speed-up campaigns” to introduce faster express trains …
Zero-Covid China fights to contain Omicron as restrictions tighten in major city
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 …
China’s passenger car sales up 4.4% in 2021
Sales of passenger cars in China rose 4.4 percent year on year to 20.15 million units in 2021 as strong demand for new energy vehicles (NEVs) continued to underpin market growth, industry data showed …
Blockchain platforms can help avert forex highway accidents
After removing claims that institutions net bilaterally, $9 trillion of daily obligations are at higher risk of accidents and mistakes. Therein lies a big opportunity for blockchain tokens to prove …
Singapore’s wary crypto embrace leaves top mogul in the cold
More importantly, the real reason for the withdrawal was that Binance’s affiliate didn’t meet Singapore’s criteria for protecting against money laundering and terrorist financing, a person familiar …
China commercial paper delinquencies surge as property developers struggle
The number of Chinese companies “consistently overdue” on commercial paper payments jumped 26% in December from a month earlier as a liquidity crunch hitting Chinese property developers reduced their …
China Property Firms Face Raft of Key Payments
Stephen Engle, Bloomberg’s Chief North Asia TV Correspondent, discusses the latest on China’s property sector with Bryan Curtis and Juliette Saly on Bloomberg Daybreak Asia.
China’s top 10 advances in life sciences in 2021 unveiled
BEIJING – The China Association for Science and Technology on Monday released the country’s 10 most significant advances in the field of life sciences in 2021. Among the other breakthroughs on the …
World’s worst-performing bank Minsheng lent billions to China Evergrande
An ill-fated push into property lending has instead turned China Minsheng Banking Corp. into one of the biggest casualties of the real estate debt crisis that’s roiling Asia’s largest economy …
World Bank cuts China’s economic forecasts
The World Bank cut its GDP forecasts for China, and said new COVID-19 outbreaks, high debt and supply chain bottlenecks will jeopardise global economic activity.
Goldman cuts China GDP 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.
