China’s central bank kept some of its policy rates unchanged in a liquidity operation on Tuesday, dashing expectations for a cut, although investors believe policymakers may resume monetary easing …
Monthly Archives For March 2022
Feb bank data spark calls for policies to boost demand
The less-than-stellar financial data in February should lead to accelerated rollout of supportive policies to boost demand and stabilize economic growth, experts said on Monday. Data from the People’s …
China’s Jan-Feb daily crude oil throughput falls to lowest since end-2020
China’s daily oil processing rate dropped 1.1% in the first two months of 2022 from a year ago, to the lowest since December 2020, as independent refiners scaled back operations after Beijing slashed …
China unemployment jumps as Covid surge disrupts business
Unemployment in China rose and youth unemployment spiked in the first months of the year, data showed Tuesday, as a surge of coronavirus cases rattled businesses and forced closures. The unemployment …
Biz leaders upbeat on flourishing China market
Photo provided to chinadaily.com.cn] A1 China has made a lot of progress in opening its economy, offering easier market access and creat …
China’s frenzied metaverse poised to balloon into $50bn business
China’s fledgling metaverse sector is on track to grow into a market exceeding $50 billion by the middle of the decade, with signs of an overheating industry drawing the attention of regulators.
China’s economic activity grew faster than expected in January-February
China’s economic activity rebounded strongly in the first two months of the year, growing at a faster-than-expected pace, despite a high base of comparison a year earlier.
China’s Jan-Feb coal output jumps 10.3% for winter heating
China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heating season, with demand also receiving a …
China’s COVID cases rise as Jilin outbreak grows
China posted a steep jump in daily COVID-19 infections on Tuesday, with new cases more than doubling from a day earlier to a two-year high as a virus outbreak expanded rapidly in the country’s …
China stocks drop for 2nd day as Covid-19 outbreak grows
Shares in China and Hong Kong fell for a second day as investors grapple with the worst Covid-19 outbreak in the mainland since the start of the pandemic more than two years ago.
Australia, NZ dlrs under water as China rains on commodity parade
The Australian and New Zealand dollars gave up two week’s of gains on Tuesday, skittled by fears that coronavirus disruptions in China could hurt demand for commodities, just as Beijing is seeking to …
China’s Jan-Feb daily crude throughput falls to 1-year low
China’s daily oil processing rate dropped 1.1% in the first two months of 2022 from a year ago, to the lowest since December 2020, as independent refiners scaled back operations after Beijing slashed …
USDA GAIN Report: China pig production to exceed 2021 levels, prices remain low in 2022
Domestic swine, breeding sows, and pork production are expected to exceed 2021 levels as producers increasingly compete for market share and morbidity associated with African Swine Fever (ASF) …
