Investors have a clear message to China’s policy makers: more stimulus is needed, and quickly, to reignite a stalled recovery in markets. Most Read from BloombergUkraine Update: Mariupol Defenders Hol …
Monthly Archives For April 2022
Former Chinese central bank chief says digital yuan is for retail transactions
Zhou Xiaochuan, the former governor of the People’s Bank of China, said in a speech on Saturday that the digital yuan is designed to focus on transactions for people and merchants and not to replace…
China turns focus on supply chains, pledging more financial aid
China is taking stronger measures to stabilise supply chains, pledging financial aid and possible exemptions to allow some businesses activity to resume, to help limit the damaging effect of Covid …
China stocks fall on COVID concerns, reserve ratio cut disappoints
Heightened global risks from the war in Ukraine, and the COVID lockdowns in China and a weak property market have roiled its financial markets, with authorities vowing to stabilise them and support …
Oil Prices Steady Amid Fears Over Slowing China Demand
Oil prices steadied on Monday as worries over slowing demand in China prompted investors to take profits on gains made earlier in the day on concerns over tight supply and the deepening Ukraine crisis …
Shanghai lockdown: China spending and employment hit
Meanwhile, the strict lockdown of the Shanghai has stoked anger among some of the city’s residents. China’s consumer spending fell and unemployment rose last month as Covid lockdowns confined millions …
China Meets With Foreign Chambers as Lockdowns Hit Business
Representatives of foreign companies in China were expected to meet the nation’s commerce minister to discuss the impact of Covid controls, as outbreaks and lockdowns spread across the country and …
Wanshun New material plans to purchase 51% stake in Shenzhen Yuqiang to improve the layout of aluminum foil for battery
Wanshun New material plans to purchase 51% stake in Shenzhen Yuqiang to improve battery aluminum foil layout] A few days ago, Wanshun New material announced that Jiangsu Zhongji, a wholly owned …
China National Botanical Garden inauguration ceremony held in Beijing
China National Botanical Garden held an inauguration ceremony in Beijing on Monday. The garden, situated in Beijing, the Chinese capital, with an area of over 600 hectares, will help strengthen the ex …
Beijing 2022 Spotlights the New Highland for Global Innovation and Human Solidarity
Olympic and Paralympic Winter Games have come to a successful conclusion after seven years of assiduous preparations and twenty-five days of invigorating competitions. Beijing, the only …
China’s daily coal output in March hits record high
China’s coal output rose 15% in March from the same month a year ago, with daily production climbing to a record, as Beijing urged miners to crank up operations to ensure steady market supply.
Remote island ramps up defenses as tensions rise between Japan and China
On most days, Japanese fisherman Kazushi Kinjo leaves port on the Japanese island of Yonaguni to catch deep sea red snapper in waters to the north. There, fish are plentiful — and increasingly, so …
China’s economy grew 4.8 % in Jan-March due to COVID-19 shutdowns
The slowdown hurts China’s trading partners by depressing demand for oil, steel, consumer goods, food and other imports.
