“One key indicator will be the upcoming online sale in China on June 18. We heard that all the online sales channels and brands are planning to offer big discounts to energize sales.” June 18…
Monthly Archives For May 2022
U.S. sues casino mogul Steve Wynn over relationship with China
Officials seek to compel Wynn to register as a foreign agent because of lobbying work they say he performed on behalf of the Chinese government during the Trump administration.
Covid-19: WHO says Omicron makes China’s ‘zero-Covid’ policy unsustainable
The head of the World Health Organisation said China’s extreme approach to containing the coronavirus is unsustainable.
China April new home prices fall for the first time since Dec as Covid bites
BEIJING: China’s new-home prices in April fell for the first time month-on-month since December, official data showed on Wednesday, depressed by fragile demand in small cities and strict, widespread …
China Home Prices Drop for Eighth Month During Lockdowns
China’s home prices fell for an eighth month in April as measures to alleviate the real estate downturn failed to revive buyer confidence amid Covid outbreaks.
US rushes to catch up with China in supercomputer race
What makes the advances all the more remarkable, according to US experts in the field, is that China’s achievement was made with local technology, after Washington blocked access to the American …
China Stops Reporting Bond Trades by Foreigners After Selloff
China’s main bond trading platform for foreign investors has quietly stopped providing data on their transactions, a move that may heighten concerns about transparency in the nation’s $20 trillion …
Shanghai authorities allow some financial firms to resume work – sources
Shanghai authorities issued a new ‘white’ list containing 864 financial institutions, allowing them to resume work, three sources with direct knowledge of the matter said on Wednesday.
Foreign investors cut China bond holdings in April as yuan slumped
Foreign investors cut their holdings of Chinese yuan-denominated bonds for the third consecutive month in April, the longest such stretch on record, as a sliding yuan and evaporating yield premiums on …
Omicron makes China’s ‘zero-COVID’ policy unsustainable, says WHO chief Tedros Adhanom Ghebreyesus
G Tedros Adhanom described China’s “zero-COVID” strategy as “not sustainable” after similar remarks last week drew sharp criticism from China.
Black box data from China Eastern Airlines plane crash that killed 132 people may have been intentional, reports say
The plane crashed in March, with no survivors. Flight data suggests someone in the cockpit pushed the plane into a nosedive, the WSJ reported.
China seeks to reset relationship with Australia after election
Chinese diplomatic source says post-election period is ‘good opportunity’ to ease tensions with either reelected Coalition or new Labor government …
Vietnam removes anti-dumping duties on steel imports from China, S.Korea
The Ministry of Industry and Trade has decided to remove anti-dumping duties on coated steel imports from South Korea and China after five years of imposing the duty. According to the ministry’s …
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