China’s economy is facing its biggest test since the Covid-19 coronavirus erupted in Wuhan two years ago. The emergence of new strains and substrains of Covid-19 was always likely to challenge …
Monthly Archives For April 2022
Wheat Soars on U.S. Crop Worries and Ukraine Export Blockages
Wheat in Chicago surged as U.S. drought and trade route obstacles in Ukraine threaten to tighten global grain supplies.Most Read from BloombergA 30-Year-Old Crypto Billionaire Wants to Give His …
COVID Concerns in China and Restaurant Business Down in 2020
Not a big surprise, but USDA’s Economic Research Service data shows restaurant transactions fell 47% in 2020, following the start of the COVID pandemic.
Beijing cleared of at-risk areas for COVID-19
BEIJING – Beijing has been cleared of high and medium-risk areas for COVID-19, the municipal government said on Tuesday. A community in Beijing’s Chaoyang district has been downgraded from medium risk …
China’s extreme COVID lockdowns cause widespread suffering
People in Shanghai are facing food shortages, disruptions in medical care, and censorship as the city is in lockdown amid China’s biggest wave of infections since early 2020.Why it matters: China’s …
China’s Ukraine Response Is All About the US (Not Russia)
In the long term, China is intent on using the Ukraine conflict to erode U.S. leadership and sow division in transatlantic relations.
Is new Geely brand more than an attention Zeekr?
Geely Holding continues to invest in more future vehicles for its Maple, Geometry, Zeekr and Jidu Auto brands.
Gucci Names President of Greater China Fashion Business
Gucci said Tuesday it has appointed L aurent Cathala president of Greater China fashion business, a new position that will further contribute to the company’s increase …
China ‘preparing for war’ with US, Asia by partnering with Russia, expert warns
Atlas Organization founder Jonathan D.T. Ward joined ‘Mornings with Maria’ to discuss China’s goals behind partnering with Russia.
Russia turns to China for microchips for in-demand domestic bank cards
Russia is turning to microchip manufactures in China to circumvent western sanctions which have boosted demand for bank cards linked to the Mir payment system, an executive with the domestic payment …
Emerging markets suffer $9.8bln outflow in March with big hit to China
Emerging markets suffered their first portfolio outflows in a year in March, driven by investors ditching Chinese assets and growing anxiety over recent geopolitical events, a report by the Institute …
Global Times: China’s central bank adds 6 more cities to digital yuan testing
(April 5): The People’s Bank of China (PBC) vowed to include six more cities … In addition, multiple digital yuan trial settings in Beijing and Zhangjiakou in North China’s Hebei Province during the …
Why China’s CIPS Matters (and Not for the Reasons You Think)
While China’s CIPS would not help Russia evade the full brunt of U.S. and allied sanctions, the U.S. should keep a watchful eye on CIPS because it is a crucial piece in China’s broader ambition…
