A new series of Financial Times podcasts on the US-China tech rivalry quotes US intelligence sources as saying the Chinese Communist party’s drive to acquire US intellectual property is becoming “more …
Monthly Archives For April 2022
China to step up financial support for industries hit by COVID outbreaks
China’s economy slowed in March as consumption, real estate and exports were hit hard, taking the shine off faster-than-expected first-quarter growth numbers and worsening an outlook already weakened …
China joblessness climbs, spending drops on Covid lockdowns
China reported its biggest decline in consumer spending and worst unemployment rate since the early months of the pandemic as Covid lockdowns put a strain on the world’s second-largest economy, adding …
Stability first: Understanding China’s Q1 GDP growth data
As a noticeable degree of uncertainty marks the international growth climate, Beijing is correct to recognize the need for stimulating momentum through target investments within its borders.
China Merchants Bank President Steps Down in Surprise Move
China Merchants Bank Co. said its President Tian Huiyu is stepping down after spending nearly nine years building the lender into the nation’s king of retail banking.Most Read from BloombergUkraine …
China’s central bank showing no sign of panic
A one-handed economist would scarcely know what to say about China’s latest gravity-defying gross domestic product (GDP) performance, one that’s …
China Merchants Bank relieves president Tian Huiyu of his job in surprise move after US$11 billion stock sell-off amid talk of unspecified probes
Tian was relieved of his job with immediate effect, China Merchants Bank said, adding that he would be assigned to another unspecified post Chief financial officer Wang Liang to step up as interim CEO …
China’s economy had a good first quarter. Lockdowns leave it ‘in distress’
China’s economy made a solid start to the year, recording first quarter growth that surpassed expectations. But a recent slump in consumer spending and rising unemployment suggest much tougher months …
Trade Is Surging Between China And Russia
Even before sanctions were imposed on Russia, it and China were drawing their trade relationship closer. Now that China seems willing to take at least some of what Russia might not be able to sell…
3 Crypto Mining Stocks to Buy for April 2022
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Riot Blockchain (RIOT): One of the biggest crypto miners with nearly 5,000 …
Chinese ride-hailing giant Didi Chuxing loses ground at home under Beijing’s wrath, as rivals keep climbing
Didi orders fell 4.6 per cent in March from the previous month, according to China’s transport ministry, and have fallen 29 per cent since last June.
China’s economy sags under widespread COVID-19 lockdowns
China’s economy expanded 4.8 percent in the first quarter of 2022, versus the same three months in 2021, the National Bureau of Statistics said Monday, and that already anemic number “obscured a …
Shanghai Registers First Covid-19 Deaths, China Rules Out Relaxations Until Communist Party Congress Meet
Shanghai reported three deaths due to Covid-19, the first in the financial hub after it was hit by the Omicron variant last month, while a top official ruled out relaxing the curb …
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