Russia cannot use about $300 billion, almost half of its international reserves, due to the sanctions introduced by the U.S., Europe and their allies. “This is roughly half of the reserves that we had …
Monthly Archives For March 2022
Paytm Payments Bank denies China data leak report, says all data stored in India
India’s Paytm Payments Bank, which facilitates transactions on mobile commerce platform Paytm, said on Monday all its data is stored in the country, denying a report that a ban on the firm taking on …
Sullivan meets China’s Yang, with U.S. warning of perils of aiding Russia
“at-above-post addthis_tool” data-url=” Antonio Denti, David Brunnstrom and Michael Martina ROME/WASHINGTON (Reuters) -U.S. National Security Adviser Jake Sullivan met China’s top diplomat Yang Jiechi …
Man tries to smuggle 160 CPUs and 16 folding phones through customs by taping them to his body
As reported by MyDrivers (via VideoCardz), a man named Zeng entered China on March 9 through customs’ Nothing To Declare channel at the travel inspection site …
EU demands £2.5bn from UK as ‘Made in China’ row widens: Britain accused of flouting Brexit import rules for cheap Chinese clothes and shoes
The European Union is demanding £2.5bn in compensation from Britain for failing to apply customs rules to to Chinese imports. The Court of Justice of the …
China’s new Covid lockdowns are another threat to the economy
Russia’s war in Ukraine is roiling the global economy as policymakers race to get high inflation under control. But China’s response to its worst outbreak of Covid-19 in two years is a reminder that …
Nickel Price Surge Puts Chinese Manufacturers in a Bind
Producers and suppliers of nickel compounds have sent notices to their customers and investors warning of supply hiccups, price hikes, or slowdowns in their ability to accept or meet orders.
COVID rapid tests available on e-commerce in China for the first time
China is allowing the public to take COVID-19 rapid antigen self-tests for the first time as infection numbers hit a two-year high in recent days. For the past two years, China has upheld a …
China’s coronavirus lockdowns could trigger ‘shock waves’ across global supply chains
Another major port lockdown in China could have a ‘phenomenal’ impact on global supply chains still recovering from two years of pandemic-related setbacks Strict virus-containment efforts by local …
Apple supplier Foxconn reportedly pauses production in Shenzhen because of Covid outbreak
Analysts say they would not cut Apple estimates yet but they remain cautious about any “prolonged supply impacts.” …
Seko, others warn clients lockdown in Shenzhen will impact port activity
An advisory note indicates that “no cargo will be able to load in Yantian … and vessels most likely will omit the port.” …
New wave of contagion threatens Beijing’s ‘zero-covid’ policy
Cases in China have reached record levels since the end of the Wuhan lockdown two years ago. Thousands of infections across the country. Many cities are in lockdown, including the megacity of Shenzhen …
Seafood exports to China contaminated with Covid-19
According to the National Agro-Forestry-Fisheries Quality Assurance Department, up to 52 batches of seafood exported to China by 36 firms in Vietnam have been found to have been c …
