A bill that aims to make the U.S. more competitive with China is a step closer to becoming law. The Senate and House have each passed their own versions of the …
Monthly Archives For April 2022
China state refiners shun new Russian oil trades, teapots fly under radar -sources
China’s state refiners are honouring existing Russian oil contracts but avoiding new ones despite steep discounts, heeding Beijing’s call for caution as western sanctions mount against Russia over its …
China, Armenia mark 30 years of ties
In his congratulatory message, Xi said China and Armenia are traditional friendly partners, and that bilateral ties have been developing soundly and steadily over the past 30 years. The two countries …
JD.com’s Richard Liu Becomes Latest China Tech Billionaire To Leave CEO Post
JD.com, one of the world’s largest e-commerce businesses, announced on Wednesday that company president Lei Xu had been appointed CEO, succeeding billionaire founder Richard Liu. Liu, worth $12.8 …
China sends nearly 40,000 medics to Shanghai in tough fight against Omicron
Photo taken on April 3 shows medics departing Tianjin West Railway Station in north China’s Tianjin for east China’s Shanghai to help the megacity fight COVID-19 amid the recent resurgence (XINHUA) …
China’s State Council stresses support for real economy as outlook dimmed by COVID-19
With the resurgence of COVID-19 outbreaks across China since March weighing on the outlook for economic growth, Chinese officials and experts on Wednesday called for more robust fiscal and monetary …
HSBC lifts stake in China securities venture to 90%
HSBC Holdings PLC boosted its holding in its Chinese securities joint venture to 90% from 51%, the latest in a series of moves by global banks to take greater ownership of investment-banking …
Go east? Why China’s not going to save Russia’s energy exports anytime soon
Russia quickly needs new energy markets after its war in Ukraine—but China’s not going to be able to pick up the slack in the short term.
How China’s Covid zero lockdowns are hitting the Portland Inno Madness winner
While restrictions ease in the U.S., in China, a huge center of gravity for footwear manufacturing … Soon it will be a race to see who gets on boats and planes first,” he said, noting…
Easing China Stock Delisting Fears Are Big Deal for this ETF
That could prove to be positive news for exchange traded funds such as the Emerging Markets Internet & Ecommerce ETF (NYSEArca: EMQQ). The China-heavy EMQQ is higher by almost 12% over the past month, …
Sanctioned oil piling up off China as Covid-19 outbreak worsens
Tankers carrying 22 million barrels of Russian, Iranian and Venezuelan oil are piling up off China, according to data analytics specialist Kpler, as the country battles a Covid-19 outbreak that’s …
Shanghai shipyards declare force majeure on deliveries as China locks down
Major Shanghai shipyards have been ordered into lockdown following a spike in coronavirus cases in the Chinese city. According to TradeWinds sources, Hudong-Zhonghua Shipbuilding, Jiangnan Shipyard …
Everest Medicines Enters into an MOU for Partnership with China Resources Pharmaceutical Group for its mRNA Vaccine Business
China Resources Pharmaceutical Group (“CR Pharma”) intends to make strategic equity investment for Everest’s mRNA technology platform …
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