Starting on Friday, Beijing will require that all imported cold chain food be checked before going to market. The rule is designed to further ensure food safety going forward. Imported cold food that …
Monthly Archives For March 2022
‘No easy exit’: Omicron outbreak tests China’s anti-Covid strategy
A surge in cases is forcing Beijing to adjust its strict pandemic measures, but it’s in no hurry to “live with Covid” as other countries are doing.
Traders sleep by their desks as China’s financial hub locks down
China’s banks and investment firms are calling on essential staff to live at the office this week to avoid any trading disruption during Shanghai’s massive Covid lockdown.
Russia and China condemn Western sanctions on Moscow over Ukraine – Russia
Foreign ministers from Russia and China on Wednesday condemned what they called illegal and counter productive Western sanctions imposed on Moscow over its action in Ukraine, the Russian foreign …
China Will Pay a Heavy Price If It Sides with Russia
Economically, Russia is simply not that important for China, which is about ten times larger in gross domestic product. China has a few significant imports from Russia, but they c …
Crypto billionaire, environmental groups launch effort to slash Bitcoin’s energy use
Public pressure campaign aims to curb Bitcoin’s skyrocketing electricity consumption. Several climate activist groups including Greenpeace and crypto billionaire Chris Larsen are launching a “Change …
Huawei’s Meng Wanzhou resurfaces in Shenzhen & delivered the company’s annual results
Huawei’s Meng Wanzhou has resurfaced in Shenzhen. She delivered the company’s annual results. It is her first appearance since her high-profile return to China.
Beijing’s fearless foe with God on his side
Jimmy Lai chose to remain in Hong Kong, despite being able to flee and avoid prison. Index publishes some of his letters sent from jail …
China tries to limit the economic blow of Shanghai’s COVID lockdown
China’s leaders are trying to fine-tune their ‘zero-tolerance’ COVID-19 strategy in order to minimize job losses and other costs to the economy.
Bank of China shifts attention back to mainland for growth: S&P
Traction from its wealth management business will support profits. It’s back to the basics for Bank of China (BOC), one of China’s biggest lenders, as it is expected to pivot its focus back to its…
China stocks end higher on Ukraine peace talks, policy easing bets
China stocks closed higher on Wednesday, with the property sector leading gains, as traders found comfort in the progress made in Ukraine-Russia peace talks and awaited more stimulus measures …
China may see a ‘mini repeat’ of the 2008 global financial crisis, says former central bank adviser
Li Daokui, professor at Tsinghua University and former adviser to China’s central bank, says a major factor would be the country’s zero-Covid policy.
WRAPUP 1-China’s largest banks signal tough times ahead
Three of China’s largest banks have said that the country’s lenders face multiple headwinds this year that include the pandemic, global politics and domestic turmoil in the real estate industry. China …
