Biggest supply shock in a generation, ‘colossal cock-up’ with UK Covid loans, US running out of money for pandemic spending …
Monthly Archives For March 2022
China’s State Council committee stresses economic, financial stability
BEIJING: The financial stability and development committee under China’s State Council held a meeting on Wednesday, urging measures to keep the country’s major economic indicators within an …
China’s Shenzhen, with 17 million, locked down for Covid
China government has responded to a surge in COVID-19 infections by closing its southern business center of Shenzhen a city of 175 million people …
Apple supplier Foxconn resumes some work in Shenzhen, China, after COVID lockdown
Foxconn, one of Apple’s biggest suppliers, announced Wednesday that it had partially resumed production in a key Chinese city after new COVID-19 restrictions forced the company to temporarily suspend …
Another COVID-19 Lockdown In China Sees Supply Chain Woes Resurgence
China’s COVID-19 outbreak has brought the country into another lockdown, with millions in the country affected, and the supply chain.
Bulls in a China shop, stocks rise ahead of the Fed
Today’s announcement by China’s vice premier Liu He, to call time on those policies, and be more supportive, turbocharged a sharp rise in Chinese stocks with the Hang Seng China Enterprises index …
Xi Spurs Frantic Stock Buying With Lifeline for China Market
After a brutal 12 months for Chinese equities, Wednesday’s session was looking like a tepid bounce off multi-year lows until the headlines started rolling from Beijing. Then greed quickly replaced the …
China will not pilot property tax reform in more cities in 2022: official
China’s finance ministry has said there are no suitable conditions this year to expand the country’s list of pilot cities for real estate tax reform. The judgement was made after various aspects were …
China’s GDP may decrease if country continues to impose COVID-19 lockdown
China’s GDP growth could decrease by 1-2% if Beijing, in order to fight the COVID-19 outbreak which is highest in the last two years, continues to impose lockdown in large portions of the country.
Russia sees China as lifeline against sanctions, but U.S. threatens ‘consequences’ if Beijing helps
Moscow has reportedly asked Beijing for military and economic assistance to wage its war against Ukraine, although both governments publicly deny this.
Congress must not weaken China tariffs (Guest Opinion by Michael Stumo)
“China’s aggressive trade practices, and its support for Russia, make clear that it’s not a friendly trade partner,” writes CEO of business group.
Covid hits China yet again but auto makers may avoid apocalypse this time
Auto brands like Toyota and Volkswagen have had to pause manufacturing operations in some of their facilities in China.
Foreign-listed Chinese shares jump as Beijing soothes nerves
Foreign-listed Chinese shares rallied on Wednesday after Beijing vowed to keep markets stable, soothing overseas investors’ nerves after a sell-off due to worries over differences between China and …
