Western nations have announced a harsh set of sanctions to punish Russia for its invasion of Ukraine, which includes blocking some banks from the SWIFT international payments system.
Monthly Archives For February 2022
As Russia’s isolation grows, China hints at limits of friendship
Chinese state-owned financial institutions have been quietly distancing themselves from Russia’s beleaguered economy.
As tensions simmer, China demands US action to improve ties
China’s top diplomat called on the U.S. Monday to take steps to improve ties, as tensions simmer over Taiwan, trade and other issues. Foreign Minister Wang Yi’s remarks Monday were delivered virtually …
China sees biggest growth in energy and coal use since 2011
China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier, data from the country’s statistics …
Ukraine’s 20 Paralympic athletes have yet to arrive in China
None of the 20 athletes from the Ukrainian Paralympic team has reached Beijing with the Games opening at the end of the week, the International Paralympic Committee said Monday. IPC spokesman Craig …
China’s economy suffers blow as Beijing’s stimulus push fails to jolt construction
Recent data suggests there is no real turnaround in China’s construction industry yet, with the slow start to the year leading some economists to downgrade their growth forecasts.
Sri Lanka – China’s secret lockdown areas neighbouring Beijing before winter Olympics
Chinese authorities have imposed secret lockdowns in areas neighboring Beijing as a preventive measure for covid 19 …
Beijing focuses on low-cost housing in new land supply for rental homes
Beijing said on Monday low-cost housing will account for nearly 80per cent of the Chinese capital city’s new land supply for construction of rental homes this year, while total new land supply is …
China EV Maker Nio to List in Hong Kong; Won’t Raise Money
Chinese electric-car maker Nio Inc. will start trading on the Hong Kong stock exchange next week, choosing a path to listing that doesn’t involve selling new shares or raising any money.Most Read from …
China insurer PICC P&C says not affected by sanctions on Russia
PICC P&C only undertook insurance business from some Chinese companies with assets in … according to a list on the website of Embassy of China in Russia. (Reporting by Zhang Yan, and Ryan Woo; …
China’s Feb factory activity likely shrank amid holidays, Olympics
China’s factory activity likely contracted in February on slower production after the Lunar New Year holiday and Winter Olympics, with Beijing expected to unveil more stimulus measures at a …
China’s February factory activity likely shrank amid holidays, Olympics
China’s factory activity likely contracted in February on slower production after the Lunar New Year holiday and Winter Olympics, with Beijing expected to unveil more stimulus measures at a …
Bank of China’s Singapore operation stops financing Russian oil trades: Source
This comes amid concerns of western sanctions following Russia’s invasion of Ukraine. . Read more at straitstimes.com.