China on Thursday said it would reject “any pressure or coercion” over its relationship with Russia, in response to a call from U.S. Treasury Secretary Janet Yellen for Beijing to use its “special …
Monthly Archives For April 2022
Op-Ed: As the world questions globalization, China will become the big loser
Globalization interwove economies of very different nations, now coming apart as autocracies ally with the Kremlin and democracies stand with Ukraine.
Profile: A walk through China’s auto-industry spirit with vintage car collector
The Beijing Classic Car Museum, located in the Chinese capital’s Huairou District, houses over 100 Chinese and foreign vintage limousines treasured by the museum owner Luo Wenyou. “I’ve been …
Tencent-backed Zhihu’s Hong Kong IPO raises US$106 million for early investors
which is co-managed by former Google China head Kai-fu Lee, Qiming Ventures and a unit of SAIF Partners, to cash out some of their holdings. While the venture funds’ stake in the company will be…
Hong Kong stocks’ winning streak extends to third straight day after China signals cut in reserve requirement ratio
Premier Li Keqiang said the reserve requirement ratio would be lowered ‘at an appropriate time’, prompting speculation that a cut was imminent.
China’s Covid-19 lockdowns wreak logistics havoc and slow global supply chains
China’s strict Covid-19 lockdowns and travel restrictions have created a nightmare for the country’s logistics operators, who are desperate to get cargo to ports and across borders, as exporters race …
Money Can’t Buy Deliveries in China as Covid-19 Outbreaks Block Routes, Drivers
The recent Covid-19 outbreaks in China are playing havoc with the country’s freight logistics sector, as highways are blocked and drivers are placed in quarantine. No amount of money can ensure …
Beijing finds 2 locally transmitted COVID infections
Beijing reported two new locally transmitted COVID-19 cases in two districts on Thursday, a senior official said at a news conference. Beijing continues to face a complex and severe epidemic …
Lingang free-trade zone lowers bar for home purchases, as China’s property easing measures arrive in Covid-19 ravaged Shanghai
Lingang will allow talent to buy homes after working there for three months, down from at least one year previously China ‘needs a stable property market to support its economic growth’: CGS-CIMB …
China Offers More Detail on Xi’s Desert Clean Power Mega-Hub
The majority of China’s massive desert renewable power project will be built after 2025, and most of the capacity in the first phase will come from solar, according to a researcher from the country’s …
China’s GDP growth seen slowing to 5.0% in 2022 on COVID-19 hit
China’s economic growth is likely to slow to 5.0% in 2022 amid renewed COVID-19 outbreaks and a weakening global recovery, a Reuters poll showed, raising pressure on the central bank NSE -0.76 % to …
China tackles worst outbreak since Wuhan
China’s financial hub Shanghai has reported over 27,000 coronavirus cases, a new high, a day after President Xi Jinping said that the country must continue with its strict “dynamic COVID clearance” …
Covid Live Updates: Some Beijing Residents Stockpile Food in Case of a Lockdown
A number of residents said reports of food shortages in Shanghai prompted their fears. The U.S. Centers for Disease Control and Prevention extended the federal transportation mask requirement for two …
