China’s economy grew by 4.8 percent in the first quarter from a year earlier, beating analysts’ expectations for a 4.4-percent growth, while its consumption, real estate, and export were hit hard in …
Monthly Archives For April 2022
China ready to enhance economic, trade cooperation with Norway
In a phone conversation with Norwegian Prime Minister Jonas Gahr Store, Li said China is willing to increase the import of high-quality agricultural and fish products from Norway. China would like to …
How Big of an Impact Are Pandemic Closures in China Having on Starbucks?
When Starbucks announces earnings, investors hope the impact of lockdowns on the business will be minimal. Let’s look at its potential impact. As of Jan. 2, Starbucks boasted 34,317 locations …
China to consider facilitating return of Indian students for attending classes
Beijing [China], April 29 (ANI): The Chinese side has expressed its … the Chinese side has also conveyed that eligible students should unconditionally abide by the Covid-19 prevention measures, and …
China’s biggest insurer Ping An calls for break-up of HSBC
The rupture with the biggest insurer in China marks a further escalation of HSBC’s geopolitical woes, with the bank squeezed between China and the west. Ping An has set out its plan for a break-up…
China’s Politburo Sends Easing Signals; Property Sector Expects Fewer Restrictions
Transactions in hotspot cities account for more than 65 percent of China’s total property sales, and the performance of the property market in these cities is crucial to achieving the goal of …
International Finance Forum Kickstarts 2022 Spring Meetings, Calls for Cooperation amid Global Challenges
BEIJING, April 29, 2022 /PRNewswire/ — International Finance Forum (IFF) has kickstarted its 2022 spring meetings on April 27 in Beijing with the theme of “New Global Landscape: Challenges and …
China’s Big Six banks meet first-quarter profit forecasts, but Covid-led slowdown poses higher bad loan risks
Leading state-owned Chinese banks report first-quarter profit growth in line with expectations Postal Savings Bank of China beat estimates, posting 18 per cent profit growth China’s Big Six …
As China looks on at a world opening up, can Xi Jinping survive zero-Covid?
But in Covid-zero China it’s a vastly different story. An estimated 340 million people in at least 46 cities are under some form of lockdown or restrictions in China, as cases appear in multiple …
China’s leaders pledge support for economy, boosting markets
Will step up policy adjustments to steady growth, politburo says Coronavirus, Ukraine conflict contribute to economic risks Challenges seen in stabilising growth, employment and prices BEIJING, April …
The Download: China’s delivery apps, and why Russia’s invasion has stalled
Now, as China continues with its zero-covid strategy … I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.
China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows
SINGAPORE—China is preparing to hit pause on its monthslong campaign against technology companies, according to people familiar with the matter, as officials seek to arrest a rapid deterioration in …
China’s logistics robot maker VisionNav raises $76M at $500M valuation
Industrial robotics has in recent years become one of the hottest tech sectors in China as the country encourages the use of advanced technology to enhance efficiency on the production floor.
