“For Chinese consumers to come back full force, not only will the virus need to be vanquished, but the property sector will need to revive as well,” said Frederic Neumann, co-head of Asia economics …
Monthly Archives For April 2022
China central bank urges more support for contact-intensive service sector
China’s central bank and insurance regulator urged financial institutions to step up support for the contact-intensive service sector and small firms impacted by COVID-19 outbreaks.Financial support …
Global finance capital presses China to abandon Zero-COVID
Amid the financial uncertainties and social unrest triggered by the US-NATO war against Russia in Ukraine, the imperialist powers are pressuring China to end its Zero-COVID strategy.
China’s March alumina exports to Russia soar as sanctions over Ukraine bite
China’s alumina exports to Russia surged over 90 times in March from the same period a year earlier, customs data showed on Wednesday, as sanctions against Russia for its invasion of Ukraine cut off …
China’s March Soybean Imports From U.S. Fall From Previous Year
Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved or endorsed by any other entities, such as banks, credi …
China imports 13% less crude oil from Saudi in March, 14% less from Russia -customs
Saudi Arabia exported nearly 13% less oil to China in March than a year earlier but retained its top supplier spot, while shipments from second-ranking Russia slipped 14%, Reuters’ calculations based …
JPMorgan Loses Lead Role in IPO After Note Branded China Tech ‘Uninvestable’
JPMorgan Chase & Co. was removed as the most senior underwriter for Kingsoft Cloud Holdings Ltd.’s Hong Kong stock offering after one of the bank’s analysts cut the share-price target for the Chinese …
COVID-19: Death Toll In China’s Shanghai Rises To 17; Cases Begin To Fall
China’s business hub Shanghai has reported seven more fatalities due to COVID-19, taking the death toll to 17 amidst signs of a declining trend in fresh cases, the health commission said on Wednesday.
Death Toll in China’s Shanghai Rises to 17 as COVID Situation Remains Grim
Shanghai, which is under lockdown since April 1, imposed a five-day standstill order due to end on Wednesday that limited the movements of medical workers, delivery couriers, and volunteers at …
China: Shanghai allows 4 million out of homes as anti-coronavirus quarantine rules ease
A health official says 4 million more people in Shanghai have been allowed to leave their homes as anti-coronavirus quarantine rules ease.
China keeps lending rates steady, opts for ‘targeted measures’ to help firms hit by coronavirus wave
The People’s Bank of China kept its one-year loan prime rate (LPR) at 3.7 per cent on Wednesday The five-year LPR, which is the reference for mortgages, also remained unchanged at 4.6 per cent China’s…
First, Beijing failed to prevent Covid in Shanghai. Now, it’s struggling to censor criticism
The Shanghai lockdown isn’t just about the Covid-19 pandemic but also about the elite politics between the Shanghai and Beijing regions.
Hong Kong’s elite join leadership candidate’s campaign as Beijing watches
Hong Kong’s sole leadership candidate John Lee has picked nearly 150 heavyweights, including the city’s richest man Li Ka-shing and other powerful businessmen and politicians, to join his advisory …
