The question now is how fast and how far it goes. George Magnus writes on the fallout of the Russian war for the world’s most important economic relationship.
Monthly Archives For March 2022
China to maintain yuan flexibility, brace for external shocks
China said on Friday it will maintain yuan flexibility and foreign exchange market stability, vowing to actively prevent and defuse risks from external shocks.
China Bond Market Exodus Shows Signs of Gathering Pace in March
The biggest exchange-traded fund tracking yuan bonds recorded a whopping $460.4 million of outflows so far this month, adding to recent signs of an exodus from Chinese assets.Most Read from …
Russia proposes accepting bitcoin for its oil and gas exports from ‘friendly’ countries like China and Turkey
Russia’s head of the energy committee said the national currency of friendly buyer countries — like the yuan or lira — are also being considered for trade.
COLUMN-Steel, iron ore tread narrow path between China and Russia: Russell
Asia’s steel and iron ore markets are trying to thread the needle between China’s coronavirus lockdowns and the likely loss of exports from Russia and Ukraine. LAUNCESTON, Australia, March 25 (Reuters …
US excludes some Chinese imports from tariffs, potentially dropping motherboard and GPU prices
The USTR office has reinstated 352 expired product exclusions from US “Section 301” tariffs on Chinese imports, writes Reuters, which is fewer than the 549 eligible …
China’s COVID-19 Policy Putting Squeeze on SE Asian Fruit Industry
Many Southeast Asian fruit farmers and those who deliver tropical fruits to China have found it hard to make a living during the pandemic. A recent uptick in COVID-19 outbreaks in China has prompted …
China’s coronavirus lockdowns jam ports in Hong Kong and Shenzhen, risking further ‘chaos’ for supply chains
Shenzhen and Hong Kong ports are seeing their worst delays in months as China clings to its hardline coronavirus restrictions, congestion that is likely to have knock-on effects for global supply …
China Has Not Given Russia Military Aid Despite Request: U.S. Official
National security adviser Jake Sullivan told reporters the U.S. will continue to monitor any response from China.
China 5G growth becomes clearer
China’s true 5G uptake gained some clarity this week, with China Mobile officially revealing the number of subscribers with both 5G service plans and handsets reached 190 million at end-2021, a …
Russia’s bitcoin for oil proposal; Crypto market makes gains
In China, authorities take aim at corruption in underground Bitcoin mining. Meanwhile, Russian official proposes bitcoin payment for oil and energy exports. Crypto markets shift to upward trend after …
Lots of us want to buy American, but avoiding ‘Made in China’ is hard to do
If I can find an alternative to China, I will buy it. If I can’t find an alternative, I will think twice about how much I really need it. By the way, I have been going…
Global Solicitation of LOGO Design for China’s Millennium-old Chengxiang Ancient Town Starts
On March 22, Chengxiang Town, which is located in Qingbaijiang District, Chengdu, China, launched a global solicitation for LOGO (VI) of the millennium-old Chengxiang Ancient Town. The solicitation …
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