China’s imports of major commodities softened in March, a trend that is likely to extend in coming months as the world’s biggest buyer of resources deals with the economic pain of maintaining its zero …
Monthly Archives For April 2022
From Made in China to Make in India: How Apple is reducing reliance on its Chinese supply chain
Apple has also started making the iPhone 13 in India as it expands its production capabilities outside of China.
U.S. secondary sanctions threats against China are financial hegemony
Aggressive attempts by the U.S. to reverse its declining unipolar hegemony are hurting its allies’ interests now.
EHang seeks to be 1st to land air taxis in China
EHang Holdings Ltd, a leading technology company in autonomous aerial vehicles, or AAVs, is beefing up efforts to promote the commercial operations of passenger-carrying autonomous air taxis and …
Chinese mainland reports 2,999 new local confirmed COVID-19 cases
The Chinese mainland on Wednesday reported 2,999 locally transmitted confirmed COVID-19 cases and 26,391 new asymptomatic carriers, according to the National Health Commission’s report Thursday. Of …
Xi Says China Must Stick to Covid Zero Even as Costs Mount
Chinese President Xi Jinping says his government will stick to its zero-tolerance approach to Covid even as public anger simmers in Shanghai and economic costs mount.Most Read from BloombergUkraine …
China securities regulator orders Lenovo to fix information disclosures
China’s securities regulator on Thursday ordered Lenovo Group (0992.HK) to rectify information disclosure issues. Lenovo failed to file timely, complete and accurate disclosures regarding certain …
Covid-19 lockdown financial aid in China leaves households behind
The govt has argued that supporting business is the best way to preserve jobs. . Read more at straitstimes.com.
China’s March commodity imports were subdued, more softness ahead: Russell
Imports of crude oil, natural gas, iron ore, coal and copper were all weaker in March when compared to the same month last year, according to official customs data released on Wed …
COVID Lockdowns in China Hit Its Trade Partners
Autos, all of that, is going to be terrible.” The World Bank forecasts 5.1% economic growth in China this year, down from 8.1% in 2021. Business travel on hold Foreign businesspeople headed to China …
Coronavirus Update: China’s COVID-19 lockdowns drag down economy and cause ripple effects around world
Beijing has shown no inclination to move away from its strict approach to COVID-19, sparking anger even in a population that was previously broadly supportive of such measures …
Shenzhen draws returned overseas Chinese talent
South China’s metropolis of Shenzhen, a technological powerhouse, saw 27,000 returned overseas Chinese students settle down locally last year, an increase of over 30 percent year on year and marking a …
MyEG to unlock blockchain potential
MY E.G. Services Bhd (MyEG)’s foray into blockchain is poised to pave the way for mid-to-long-term growth, above the organic growth from existing business segments.
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