China has removed a three-year restriction on imports of Canadian canola seed, Canadian officials said in a statement on Wednesday that didn’t provide a reason for the lifting of curbs, but trade is …
Monthly Archives For May 2022
CGTN: China reaffirms commitment to high-standard opening-up
China on Wednesday reaffirmed its commitment to high-standard opening-up and pledged to foster a business environment based on market principles. “I wish to reiterate that China’s resolve to open up …
Both U.S., China benefit from bilateral commercial ties: U.S. business leader
WASHINGTON, May 18 (Xinhua) — Both the United States and China were better off for the development and success of bilateral commercial relations over the past few decades, a U.S. business leader said …
Hundreds at Beijing university campus sent into quarantine amid Covid-19 outbreak
Hundreds of students and staff at a university in suburban Beijing have been sent to an isolation facility following a Covid-19 outbreak on campus. The Fangshan campus of the Beijing Institute of …
China slightly eases COVID test rules for travellers from U.K.
China removed on Thursday some COVID-19 test requirements for people flying in from Britain, part of changes to its draconian virus rules to better cope with a pandemic driven by the Omicron variant …
China’s Banking Industry Can Control Risks Despite the Pressure from Small, Micro Firms’ NPL
China’s banking industry is facing the rebounding pressure of non-performing loans of micro and small businesses that have been affected by the Covid-19 epidemic, but risks are controllable, according …
Yuan eases as investment banks cut China’s growth outlook
The yuan eased against the dollar on Thursday as market sentiment soured after some major global investment banks cut their expectations for China’s economic growth. SHANGHAI, May 19 (Reuters) – The …
China to further prop up property market
To further prop up China’s property market, from central financial authorities to local governments, a series of policies were issued to cut mortgage loan interest rates and ease curbs on home …
Consumer, financials drag on China shares as tech rout hits Hong Kong
At midday, China’s blue-chip CSI300 index was down 0.25% at 3,981.75 points, narrowing earlier losses. The Shanghai Composite index slipped 0.08% to 3,083.39 points. ** The CSI300 financial sector sub …
China’s zero-Covid-19 policy dashes global hopes for quick economic return to normal
Analysts expect the current downturn will be harder to shake off than the one seen in early 2020. . Read more at straitstimes.com.
Taiwan firms resuming production in China as Covid-19 curbs ease: Minister
Roughly half of Taiwanese companies that had previously suspended work in China due to Covid-19 control measures have resumed production as curbs ease, the island’s economy minister said on Thursday …
China’s zero-COVID policy dashes global hopes for quick economic return to normal
A sharp slowdown in China’s economy caused by its strict zero-COVID rules and Beijing’s shift away from a traditional reliance on external demand have cast doubts over how much the country will …
Chinese mainland reports 191 new local confirmed COVID-19 cases
Residents wait in line to receive COVID-19 tests in Shanghai, east China, May 17, 2022. (Xinhua/Liu Ying) BEIJING, May 19 (Xinhua) — The Chinese mainland on Wednesday recorded 191 locally-transmitted …
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