SHANGHAI/HONG KONG : China Construction Bank Corp (CCB) on Friday reported a 6.8 per cent rise in first-quarter net profit. CCB said net profit for the first three months of 2021 grew to 88.74 billion…
Monthly Archives For April 2022
China says it will step up support for economy, boosting markets
Financial markets were hit hard over the past two weeks on fears that lockdowns in China would cause severe damage to its economy and derail a global recovery just as many countries are rebounding …
Foreign Funds Fret Geopolitics Taints China Yuan, Markets :Mike Dolan
A long-held view among many investors that China’s currency and markets would one day sit at the centre of world finance to match the second biggest economy in the world looks bruised at best …
China Food Service Market Report 2022: Market will Reach $914.09 Billion by 2027 – Full-Service Restaurants holds Lion’s Share
Dublin, April 29, 2022 (GLOBE NEWSWIRE) — The “China Food Service Market, Share, Size, Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” report has …
DC Distribution Networks Market in China to record USD 1.13 Bn growth | Telecom segment to generate maximum revenue | Technavio
Segmentation The DC distribution networks market in China is segmented as below: End-user Type Yahoo Finance …
Coal market calm as China’s import tax cut looms
News that China has decided to temporarily suspend coal import tariffs from May 1 to ensure energy security is having little supply-side impact on the market, according to Chinese industry sources on …
ARM Holdings IPO is back on after rogue China boss removed
After NVIDIA pulled out of its US$40bn takeover bid, Softbank had been unwilling to pursue an IPO while its 49% owned Chinese joint venture remained in flux after its chief executive Alan Wu was fired…
Expect more Covid-19 mass tests and lockdowns: China’s National Health Commission
Omicron has caused other countries to pivot and adopt a strategy of living with Covid-19 but China is trying to “run faster than the virus” , said Dr Liang Wannian, the head of the National…
Musk’s Ties to China Could Create Headaches for Twitter
Elon Musk has invested heavily in China, where officials are willing to influence or punish companies that cross political red lines. Send any friend a story As a subscriber, you have 10 gift articles …
The top smartphone brand in China is completely unexpected
Huawei was forced to sell Honor back in November 2020 due to US sanctions, making it an independent brand in the process. Now, over a year after Honor gained independence, the company has reportedly …
Is China Juicing GDP Data? Economists Can’t Help But Wonder
Even by these standards, though, China’s reported GDP acceleration to 4.8% in the … Jack Ma has been largely out of public view since regulators started to clamp down on his business empire in …
Political stakes high as Beijing responds to virus outbreak
BEIJING (AP) — Classes suspended. Buildings and communities sealed off. Mass testing of residents. A rush to stock up on food, just in case. Beijing, China’s sprawling capital, is starting to resemble …
‘Entry only. No exit:’ Beijing sees more Covid-19 closures as anger grows in Shanghai
BEIJING/SHANGHAI – China’s capital Beijing closed more businesses and residential compounds on Friday (April 29), with authorities ramping up contact tracing to contain a Covid-19 outbreak, while …
