Oil prices edged lower in early Asian trade on Thursday as concerns about rising coronavirus cases in China, the world’s biggest oil importer, weighed on futures markets.China’s capital Beijing …
Monthly Archives For April 2022
Agonizing lockdown tests the limits of China’s propaganda
Immediately after Beijing said it had detected a new coronavirus outbreak, officials hurried to assure residents there was no reason to panic. Food was plentiful, they said, and any lockdown measures …
Banks slash yuan forecasts as China’s economy reels from Covid-19
The yuan’s sudden slide looks set to gather pace over the next few months as markets price in a worsening outcome for the Covid-19-stricken economy. . Read more at straitstimes.com.
Oil Slips as Investors Weigh China’s Lockdowns, Russian War
Oil slipped toward $101 a barrel as investors weighed the impact of China’s Covid-19 resurgence and the fallout from Russia’s war in Ukraine on global energy demand and supply.Most Read from …
China COVID lockdowns may defer upcoming notebook rollouts
Just before the COVID-induced lockdowns imposed in several major Chinese cities, brand notebook vendors were about to step up their pace of orders as component shortages started easing. But the …
China decries pursuit of glory, short-term gains in revamp of US$4 trillion fund industry amid steep market losses
Mutual funds must abandon the practice of seeking short-term returns, stop blindly pursuing scale and protect investors’ long-term interests, CSRC says The guidelines will help stabilise financial …
China Investment In Europe Gained In 2021 From Low Level; VC Flows Doubled
China’s direct investment in Europe in 2021 picked up from a year earlier though from a low level, according to a report by Rhodium Group and MERICS released today. The two research organizations aren …
China Will Be Poster Child For Developing Countries MMT
In fact, there’s been substantial research from numerous countries showing a link between faster money creation and higher inflation. But now enter MMT. MMT questions the assumption of an automatic …
China’s call for Covid testing of 20 million in Beijing sparks fears of harsh lockdown
Chinese authorities ordered Covid-19 testing for some 20 million people in Beijing to contain an outbreak of what officials say is roughly 140 cases. The move triggered panic buying as residents fear …
Fauci claims the US is ‘out of the pandemic phase’ as China’s COVID stress grows, and more virus news
After a brutal winter surge, “we’ve now decelerated and transitioned into more of a controlled phase,” Dr. Anthony Fauci said. Get that and more of today’s COVID news here.
Beijing’s Testing Surge
But the authorities and businesses have swiftly ramped up food shipments.” Despite the initial alarm, Keith told me that the first round of testing of almost all of the city’s 22 million residents …
China reports rare human case of bird flu; health officials say it poses a low risk to others
The H3N8 bird flu strain does not yet have the ability to effectively infect humans and poses a low risk for a large-scale epidemic, officials say.
China reports rare human case of bird flu
The H3N8 bird flu strain does not yet have the ability to effectively infect humans and poses a low risk for a large-scale epidemic, officials say.