After taking multiple blows during the past year, Chinese mega cap stocks are beginning to show signs of life again. Last week, the Asian country’s top policymaker revealed intentions to stabilize and …
Monthly Archives For March 2022
Joy Spreader 2021 Results: Successfully Implements Multiple Marketing Services as Part of its Proactive Business Strategy
Joy Spreader Group Inc. (“Joy Spreader” or the “Company”, Stock Code: 06988.HK), a leader in new media performance-based marketing, held a press conference on March 21, 2022 to announce its financial …
China under pressure, a debate
China under pressure. Recent events have raised (not for the first time) questions about the sustainability of the Chinese economic model. Can China make the adjustments necessary to sustain growth, …
China’s yuan touches nine-day low as more pressure seen on yield gap
China’s yuan touched its lowest level in more than a week against the U.S. dollar on Thursday as a narrowing yield gap and traders’ concerns over the impact of the Ukraine crisis weighed. SHANGHAI, …
US sets red lines for China helping Russia dodge sanctions
The Biden administration, seeking to deter China from aiding sanctions-hit Russia, on Wednesday warned Beijing not to take advantage of business opportunities created by sanctions, help Moscow evade …
China firmly opposes unreasonable U.S. suppression of Chinese companies
China firmly opposes the United States generalization of the concept of national security and its abuse of state power to unreason …
Tencent stock drops after its slowest quarter on record as China crackdown hits growth
Tencent’s stock suffered a sharp drop after the company reported its slowest-ever growth thanks to a bruising crackdown by China on the country’s tech sector.
China’s Trip.Com Narrows Losses by 83% in 2021 Amid Resurge in Domestic Trips
China’s biggest online travel agency Trip.Com Group pared its losses by almost 83 percent last year due to rebounding domestic travel amid the Covid-19 pandemic. Net loss decreased to CNY550 million …
Search area widened for 2nd black box in China Eastern crash
The search area was expanded Thursday for the second black box from a China Eastern passenger jet that crashed in southern China with 132 people on board earlier this week, state broadcaster CCTV said …
China records 2,010 locally transmitted cases of Covid-19 in last 24 hours
The Chinese mainland reported 2,010 locally transmitted Covid-19 cases in the last 24 hours, the National Health Commission said on Thursday.
China logs 2,010 new local COVID-19 cases in last 24 hours
The Chinese mainland reported 2010 locally transmitted COVID-19 cases in the last 24 hours the National Health Commission said on Thursday …
India rejects China’s uncalled remarks on J&K at OIC meet; Says Beijing has no locus standi to comment on India
New Delhi has rejected the uncalled reference to India by Chinese Foreign Minister Wang Yi during his speech to the Organisation of Islamic Cooperation (OIC) in Pakistan. In response to media queries …
Black box from Boeing passenger jet that crashed in China is on its way to Beijing for analysis
More than two days after the China Eastern Airlines crash, one of the black boxes from the airplane is on its way to Beijing for analysis, state media said.