China’s stock market woes added to a broader economic downturn in recent weeks, amid tough lockdowns in major cities.
Monthly Archives For May 2022
Laguna Woods shooting highlights growing tensions between Taiwan and China
The suspect in the shooting at a Laguna Woods church is believed to have been driven in part by the political belief that Taiwan is a part of China.
China Moves Another 2 Million Barrels of Iranian Oil into Reserve Tanks
China is set to receive close to two million barrels of Iranian oil this week and pump into a reserve base in south China, according to tanker tracker specialis …
China lockdowns impeding supply chain recovery, slowdown risks spillovers, Yellen says
U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding the flow of goods and hampering global supply chains and a broader slowdown in growth in …
Some Trump China tariffs impose ‘more harm on consumers, businesses’: Yellen
Some of the Trump-era tariffs imposed on China appear to hurt consumers and businesses more than address real issues posed by the Asian giant, US treasury secretary Janet Yellen said Wednesday, as …
China Cautions U.S. Over Cost of ‘Bad Faith’ Policy on Taiwan
The Chinese Foreign Ministry balked at recent comments by a senior U.S. Navy official who highlighted the importance of arming Taiwan with the right weapons.
China calls for urgent boost to virus-hit economy
China’s premier called for greater “urgency” in rolling out measures to support the virus-battered economy, state media reported Wednesday, days after data highlighted the stark impact of Covid-19 …
China’s corruption crackdown ensnares high-ranking monetary official Sun Guofeng
Dozens of financial officials have been detained since October, when the party launched a wave of inspections into financial institutions and regulators Sun, who had been with the People’s Bank of …
China Eastern Plane Crash Could Have Been Intentional, U.S. Officials Find: Report
The plane did what it was told to do by someone in the cockpit,” a person with knowledge of the officials’ preliminary findings told The Wall Street Journal.
China reportedly in talks to extend EV production subsidies
China is looking to combat a slowing economy by expanding EV subsidies to keep the domestic market for electrics growing.
Oil prices rise on China demand recovery expectations, supply concerns
Oil prices rose on Wednesday on expectations that easing COVID-19 restrictions in China will boost demand and as supply concerns grew.
What has China done to minimise impact of zero-Covid, and why are global-recession risks rising?
‘Confluence of shocks’ – including Ukraine war, coronavirus outbreaks in China, and the US Fed’s monetary tightening – are raising alarms over global economic growth Beijing had vowed that ‘stability’ …
Report: Brides are Cambodia’s Latest Illicit Export to China
The latest commodity being trafficked out of Southeast Asia and on to lucrative markets in China is neither wildlife nor drugs or arms but rather brides, according to a new report by the Global …
