China’s aluminium imports in the first two months of 2022 fell 26.2% from a year earlier, data from the General Administration of Customs showed on Friday. BEIJING, March 18 (Reuters) – China’s …
Monthly Archives For March 2022
Can adopting crypto as legal tender signify the ‘death of inflation’?
Why crypto can be legal tender. Legal tender is any form of payment that a government declares legal. Quite a few states have more than one legal tender: examples include the Indi …
Revised COVID-19 treatment program does not mean easing control: China official
The newly-revised COVID-19 diagnostic and treatment program does not mean prevention and control will ease in China, said a health official Friday. The revised program should achieve maximum effect …
How Omicron Is Challenging China’s Grip on COVID-19
Two years into its aggressive and mostly successful attempt to keep the COVID-19 pandemic at bay, China has begun tweaking its approach as it faces its biggest wave of infections since the first …
China’s decisive turning point: will it side with Russia and divide the world?
Analysis: the world faces the possibility of a dramatic shift in the geopolitical balance of power as Beijing mulls support for Russia over the Ukraine war …
Ping An posts 29per cent profit drop on China property woes, but sees losses easing
Group Co of China Ltd
China Lockdowns: The Economic Cost Of Zero-COVID
The new measures come at a time when manufacturing output from China was just starting to recover after the Chinese Lunar New Year holidays in February. While China’s COVID measures are drastic, …
Column: China may balk at unnerved reserves seeking yuan
China’s yuan is in no great position yet to absorb a sizeable chunk of global central bank reserves if other central banks were to be unnerved by the freezing of Russia’s overseas assets.
China, Malaysia begin to impose RCEP tariffs on each other
As the Regional Comprehensive Economic Partnership agreement entered into force for Malaysia on Friday, China and Malaysia begun to impose RCEP tariffs on each other, which will bring new economic …
Chinese sportswear brands see growing profit as Western brands lose market share over Xinjiang cotton
Chinese sports and fashion brand Li Ning saw its profits in 2021 rise 136 percent year-on-year to 4 billion yuan ($629 million) with growing consumer support amid Western sports brands’ crackdown on …
China cuts income tax for some small firms to 20% – finance ministry
China will cut income tax for some small firms to 20% from 25%, the finance ministry said on Friday, as part of steps to ease burdens on small businesses to support the slowing economy.
JPM, Credit Suisse expect China COVID spike to have minimal impact on GDP
The recent surge in COVID-19 cases across China is likely to have a minimal impact on the country’s GDP this year, two brokerages said in their reports, while adding it could hurt demand for some…
China’s Hold on American Elites
According to Stone Fish, these Americans are all complicit in Beijing’s agenda to make the United States “a reliable and pliant Second to China’s First.” The CCP uses them to advance its grand designs …