Chinese internet users called it a “proxy war”: three weeks ago, two pensioners in a Shanghai park got into a fight over the Ukraine conflict that left Russia-backing Shen Jianguo, 70, bleeding from …
Monthly Archives For March 2022
China Economic Pain; Moderna Shot for Young Kids: Virus Update
China is facing a temporary hit to factory production and a lingering consumer slump amid the strictest Covid controls since the initial outbreak two years ago.
China urges Israel to cease expanding settlements in occupied Palestinian territory
China is concerned about the recent deterioration of the security situation in the occupied Palestinian territory, and deeply saddened by the casualties on both the Palestinian and Israeli sides …
China’s economy will forge ahead amid challenges
Although the global economy recovered slowly after 2010, its growth rate from 2011 to 2019 was lower than that before the global financial crisis. In particular, the average growth rate of the …
China’s financial regulator plans new approach to break deadlock with the US over auditing work
The CSRC is considering a new approach that grants the US accounting oversight board access to Chinese audit papers after vetting by China’s finance ministry Global audit and data privacy principles …
China’s Trip.com Posts $131 Mln Loss In 4th Quarter As Pandemic Drags On
Trip.com, China’s top travel booking site, lost $131 million in the last three months of 2021 compared with a profit of $159 million a year earlier as Covid-19 infections reemerged in China, the …
COVID-19 forces China to scrap plans for landmark Weightlifting World Championships
The rapid rise of COVID-19 infections within its borders has led to China withdrawing as host nation for the 2022 International Weightlifting …
Gerard Lyons: Beijing’s dreams of a stronger role for the yuan are coming true
The war in Ukraine is having economic reverberations around the globe, and China has come under increased scrutiny.China is at a different stage of the economic …
Officials find ‘severely damaged’ black box recorder at site of China Eastern Airlines plane crash
A Chinese aviation official said one of the plane’s two “black box” recorders had been found with its casing in severely damaged condition.
U.S. reinstates 352 product exclusions from China tariffs
The U.S. Trade Representative’s office said on Wednesday it has reinstated 352 expired product exclusions from U.S. “Section 301” tariffs on Chinese imports, well short of the 549 exclusions that it …
China-Australia relations: Ukraine war clouds efforts to repair trade ties after PM Morrison warns Beijing of sanctions
The odds of China and Australia going back to the negotiation table to repair their trade relationship is being complicated by the Ukraine war and upcoming federal election.
China will pay high price for supporting Putin’s invasion
The longer Vladimir Putin’s invasion of Ukraine goes on, the higher economic and diplomatic price China will have to pay for supporting him. On March 16, at the International Court of Justice in The …
U.S. Restores Waivers for Some China Goods Hit by Trump Duties
The Biden administration plans to reinstate exemptions from Trump-era tariffs on about two-thirds of Chinese products that were previously granted waivers, most of which expired by the end of 2020.
