Australia’s imports from China are at record levels despite the strained diplomatic relations. China is also supplying more than 70 per cent of Australia’s approved rapid antigen test kits.
Monthly Archives For January 2022
China Gorges On Cheap, Sanctioned Oil From Iran, Venezuela
China doubled down on imports of Iranian and Venezuelan crude in 2021, taking the most from the U.S.-sanctioned regimes in three years, as refiners brushed off the risk of penalties to scoop up cheap …
Upgraded shopping districts elevate consumption in China
As a major store in Beijing’s Gongzhufen shopping district, Cuiwei has become a symbol of the transformation from a traditional department store to a commercial complex with multiple service offerings …
Why China’s economy remains global recovery engine in 2022
China still raises hopes for a global recovery in 2022 with its strong economic resilience despite challenges and uncertainties amid the COVID-19 pandemic. A report released at the International …
As COVID-19 cases rise, China locks down third city, raising affected to 20 million
The lockdown of Anyang followed the confirmation of two cases of omicron on Monday that are believed to be linked to two other cases found Saturday in the city of Tianjin.
China’s Tianjin says COVID-19 outbreak hits 40 cases amid Omicron battle
BEIJING: The northern Chinese city of Tianjin said its latest coronavirus outbreak had reached a total of 40 confirmed cases by Tuesday (Jan 11) morning, as it battles the highly contagious Omicron …
China locks down third city, raising affected to 20 million
A third Chinese city has locked down its residents because of a COVID-19 outbreak, raising the number confined to their homes in China to about 20 million people. It wasn’t clear how long the lockdown…
Continuing problems for China’s real estate sector
Last Thursday, the Shanghai Stock Exchange suspended trading in three renminbi-denominated bonds of the real estate developer Shimao after it had failed to make a payment.
‘Healthy’ Chinese Property Developers Affected by Raging Real Estate Crisis
Shimao Group, believed to be one of the healthiest developers in China amidst the country’s ongoing real estate crisis, has shocked investors by reportedly …
China projects $75 trillion in carbon neutrality investment
China is projected to invest the equivalent of US$75 trillion (487 trillion yuan) in carbon neutrality financing over the next 30 year …
UPDATE 3-China’s Tianjin says coronavirus outbreak hits 40 cases amid Omicron battle
The northern Chinese city of Tianjin said its latest coronavirus outbreak had reached a total of 40 confirmed cases by Tuesday morning, as it battles the highly contagious Omicron variant that has …
IOC major sponsors mostly muted in runup to Beijing Olympics
The Beijing Winter Olympics are fraught with potential hazards for major sponsors, who are trying to remain quiet about China’s human rights record while protecting at least $1 billion they’ve …
China applies brakes to Africa lending
Beijing has signalled a more cautious approach amid warnings that several African countries could struggle to repay debts …