China increased its overall trade with Russia and war-hit Ukraine in the first quarter from a year earlier in yuan terms, and Beijing said economic cooperation with both countries would remain normal.
Monthly Archives For April 2022
MYEG poised to unlock blockchain potential
Zetrix is the international extension of Xinghuo BIF, China’s largest national-level blockchain network supported by all levels of the Chinese government and running both governmental and commercial …
COVID-19 lockdowns in China disrupts manufacturing at key Apple suppliers
COVID-19 lockdowns in Shanghai and neighboring Kunshan have disrupted key manufacturers of Apple Inc … nearly unprecedented scenes for mainland China where the Chinese Communist Party does …
Covid-19 lockdown in China makes Consulate General of India ‘inaccessible’ in Shanghai
BEIJING: The Consulate General of India will remain ‘inaccessible’ and will not be in a position to provide consular services in person due to existing Covid-19 lockdown in China’s Shanghai, the …
More Taiwan firms say East China COVID-19 curbs stop production
TAIPEI: At least 11 Taiwanese companies, mostly making parts for electronics, said on Wednesday (Apr 13) that government COVID-19 control measures in eastern China had led them to suspend production, …
COVID-19 lockdowns are causing chaos in the world’s biggest car market
Factories shut down, new model launches delayed and sales plunging. China’s huge car market has been thrown into disarray by the country’s latest COVID-19 surge, with stringent lockdowns across …
Coronavirus pandemic pushed 77M into ‘extreme poverty’: UN
After more than two years of the pandemic, the novel coronavirus is still raging across the globe despite some relief in the U.S., with both China and Hong Kong battling off a deadly new wave…
Will Shanghai’s Endless Covid Lockdown Finally Put a Dent in Tesla’s Stock?
Tesla China didn’t respond to a press inquiry about the latest status of Giga Shanghai. The Shanghai factory manufacturers more than 16,000 Model 3 and Model Y Teslas every week for the …
China boosts COVID-19 vaccination among the aged
The recent COVID-19 resurgence in Hong Kong highlights the risks the elderly are exposed to when a severe outbreak strikes. Facing the rampant spread of the Omicron variant and its threats to the …
China, Russia may soon field more capable counterspace weapons, DIA says
“China and Russia value superiority in space … suggesting a basic capability could exist to use ASAT technology against satellites at great distances and not just LEO,” the document said. Russia is …
Property developer Sunac China misses $29.5 million coupon payment
Sunac China has not paid a coupon worth $29.5 million due Monday for a dollar bond, a person with knowledge of the matter said on Tuesday, marking the first missed offshore payment for the country’s…
China scrambles for cover from West’s financial weapons
The move underscored a brutal truth for China, the world’s largest holder of foreign reserves: One day, its international assets could be a tempting target, too.
Is There a Market Upside to China’s Covid Lockdowns?
China can act on both those fronts to help its financial markets … ending a months-long hiatus that threatened the business models of Tencent Holdings Ltd., Netease Inc. and Bilibili Inc. Earlier …
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