A tweet by billionaire Jeff Bezos has sparked a debate about China’s potential leverage over Tesla if Elon Musk succeeds in his Twitter bid.
Monthly Archives For April 2022
China’s Covid travel restrictions compound economic pain
China’s zero-Covid policy risks creating even greater economic damage, experts have warned, despite the Omicron wave receding in several regions. Covid-19 cases in six provinces, including Shanghai, …
China should worry less about its currency
But in at least one respect China resembles a classic emerging market: it retains a palpable fear of floating its currency. Instead China keeps a close eye on the yuan’s value against the dollar and…
Hong Kong Has Surprise Export Drop as China Locks Down
Hong Kong’s exports plunged in March by the most since January 2020 as Covid restrictions in China weighed on the flow of goods. Most Read from BloombergFour European Gas Buyers Made Ruble Payments to …
Iran Ramps Up Oil Exports as China Pulls Back on Russian Oil
Iran’s growing oil exports illustrate how the invasion of Ukraine is redrawing the world’s energy trade routes, as energy consumers look for alternatives to Russian oil and gas to avoid Western …
Customs Sets Duties on Imported Wrist Watches From China
The Directorate General of Customs Valuation Karachi has, for the first time, fixed the values of the wristwatches (low-end brands) from China to control …
Video-Minded Vobile Nears Major Purchase To Boost Growing China Business
Video services company Vobile said it has secured funding for its $127 million purchase of China-based Particle Culture Technology.
What a Beijing COVID-19 Lockdown Would Mean for China and the World
M illions of residents in Beijing are undergoing mass COVID-19 testing as the Chinese capital tries to control an outbreak and avoid a paralyzing lockdown like those currently in …
Xi Jinping Makes Announcement of China’s Greatest Fear | Opinion
Xi may not think he’s on the wrong side of history, but he is clearly on the wrong side of an emerging divide.
China’s Huawei posts Q1 revenue drop, says handsets now more available
China’s Huawei Technologies said on Thursday its first-quarter revenues slipped 13.9% from a year earlier, with new business areas yet to reverse the company’s waning fortunes brought about by being …
China cuts coal import taxes to zero to ensure energy supply
China will slash coal import tariffs to ensure energy security, the finance ministry said Thursday, the latest move to cast doubt on the country’s environmental promises. Beijing is the world’s …
Hong Kong Posts Surprise Export Drop of 8.9% as China Locks Down
Hong Kong’s exports plunged in March by the most since January 2020 as Covid restrictions in China weighed on the flow of goods.
Oil Extends Bumpy Week as Traders Weigh China’s Demand Hit
Oil traded near $103 a barrel as China’s spreading virus outbreak continued to weigh on the outlook for global demand.Most Read from BloombergFour European Gas Buyers Made Ruble Payments to …
