China’s clean marine fuel exports rose 21% in the first two months of 2022 from a year ago, following an increase in Beijing’s export quotas, customs data showed on Sunday. BEIJING, March 20 (Reuters) …
Monthly Archives For March 2022
Aequs founder Melligeri seeks PLI for toy making, plans IPO after 5 years
Aequs is developing the countrys first and largest toy manufacturing cluster spread over 400 acres at Koppal in Karnataka, besides an industrial park for consumer durables in Hubballi.
Disney closes Shanghai park as virus rises, Shenzhen reopens
Disney Co. closed its Shanghai theme park Monday as Chinese authorities tried to control the city’s biggest coronavirus flareup in two years, while the southern business center of Shenzhen allowed …
China has fully militarized three islands in South China Sea, US admiral says
John C Aquilino says Beijing is flexing its military muscle by arming isles with fighter jets, anti-ship systems and other military facilities …
China keeps lending benchmark unchanged but Q2 easing expected
China kept its benchmark interest rate for corporate and household lending unchanged on Monday, as expected, although analysts say the case for monetary stimulus is building amid mounting external …
China property giant Evergrande suspends share trading again
Troubled Chinese property developer giant Evergrande and all its units suspended trading in Hong Kong Monday morning, according to a notice to the stock exchange.
Beijing wetland welcomes rare ‘living fossils’
This beautiful and rare waterfowl has been living on the planet for over 10 million years, hence its nickname “a living fossil with wings”. It is an indicative species of the wetlands’ ecological …
Technology Companies Have a Road Out of China
It has been challenging for hardware makers to reduce their reliance on the world’s production hub. Electric vehicles may be the key.
Relying on China has become too risky a business
A remarkable realisation is dawning in the business community: China, long regarded as an unsurpassed market opportunity, may be a gamble too far. In a survey, the insurance broker WTW finds near …
Omicron vs Zero-Covid: How long can China hold on?
China and Hong Kong are seeing their largest spike in Covid cases in more than two years, despite determinedly pursuing one of the world’s strictest virus elimination policies. Most countries are now …
Foxconn ‘basically’ resumes normal operations in China’s Shenzhen
Major Apple Inc supplier Foxconn has “basically” resumed normal operations at its most important campuses in the Chinese city of Shenzhen after disruptions caused by COVID-19 outbreaks, the company …
Commentary: Is there a housing bubble in China’s real estate sector?
Managing China’s real estate market involves a precarious balancing act. Getting it wrong could be costly, says a Chinese economist.
HSBC, CICC among major financial firms calling bottom on China stocks after Beijing moves to soothe investors
Some of China’s top investment banks and money managers have started to call a bottom on the world’s second-largest stock market, after Beijing reassured investors by pledging more measures to bolster …
