The Dow Jones closed down by nearly 1.5% Wednesday as oil prices climbed during the day, while China’s stock markets are slowly recovering after tanking earlier this month. Axios business reporter …
Monthly Archives For March 2022
China’s challenges on Covid-19 strategy
China has started to recalibrate its Covid-19 response as it faces its most severe outbreak of the virus nationwide since 2020 with the arrival of the highly infectious Omicron subvariants. This is to …
China renounces hosting right for the World Weightlifting Championship due to outbreaks of COVID-19
Given the much stricter COVID-19 prevention and control rules being implemented, which would force all teams and officials to self-quarantine for 21 days, the CWA deemed it no …
Democrats manage expectations on quick consumer relief from China bill
The legislation is a central piece of Democrats’ midterm messaging on fighting inflation, but the impact on prices for cars, computers and refrigerators won’t be felt for years.
KUMI ships 400K smartwatches in its first year, cracks top 10 rankings of Chinese smartwatch brands in the country
China is one of the world’s most competitive markets when it comes to smart wearables like fitness trackers and smartwatches. For now, the markets are dominated by giants like Apple, Huawei, and …
Yum China Launches Low-Carbon Environmental Protection Campaign to Drive Consumers to Embrace Low-Carbon Life
Yum China Holdings Limited announced that its KFC China brand has launched a A series of low-carbon environmental protection promotion activities, advocating sustainable lifestyles, and further …
China Announces Tax Relief Measures for 2022 Due to Coronavirus
The Chinese Government March 12 announced tax relief measures for 2022, due to the coronavirus pandemic. The announcement includes: 1) the continued implementation of tax reduction policies for the …
Experts May Be Closer To Discovering What Happened To China Eastern Airlines Flight 5735
Photo Illustration by Luis G. Rendon/The Daily Beast/GettyThe chances of solving the urgent question of why China Eastern Airlines’ Boeing 737-800 jet hit the ground at the speed of a missile, …
Buyer Beware on China Stocks
It has been a wild ride for stocks linked to China in recent years and, indeed, in recent days. As of late, spiking Covid case numbers across China, including in tech hub Shenzhen for a…
Tencent ‘exploring’ a financial holding company for WeChat Pay if Chinese regulators require it
Chinese giant Tencent said it is exploring whether regulators will require it to create a financial holding company to house is fintech business.
China Gets a Warning With U.S.-U.K. Tariff Deal, Raimondo Says
U.K. agreement to ease tariffs on British steel and aluminum sends a warning to China about its policy of subsidizing producers, President Joe Biden’s commerce chief said.
Biden and G-7 allies preparing ‘enforcement mechanism’ to stop China from helping Russia
President Joe Biden and other leaders of the G-7 nations will roll out a new initiative Thursday to ensure “enforcement” of the West’s sanctions against Russia and prevent China and other countries …
Pakistan gets financial relief as China rolls over $4.2bn debt
Finance Minister Shaukat Tarin has said that China has agreed to rollover $4.2 billion debt, providing a major financial relief to the government, a news outlet reported on Wednesday.According to …
