The head of the World Health Organization said China’s extreme approach to containing the coronavirus is unsustainable because of the highly infectious nature of the omicron variant, but that it’s up …
Monthly Archives For May 2022
US, Japan prepping statement to ‘deter’ China action in Indo-Pacific region: report
U.S. and Japanese leaders are reportedly preparing a statement that pledges the nations will come together to “deter” China’s action in the Indo-Pacific region.
US port director on how China’s COVID lockdowns impact cargo shipments
Port of Los Angeles Executive Director Gene Seroka revealed how China’s COVID lockdowns have impacted cargo shipments at his port.
China’s fiscal reform aims to improve business environment
China’s Ministry of Finance, the National Audit Office and the State Tax Administration held a press conference on May 17 to review their work over the past decade. They said reform has helped improve …
China Says It Has Stamped Out Coronavirus in Shanghai After Weeks-Long Lockdown
In China, authorities say Shanghai has achieved “zero-COVID” status after no new cases of community spread were detected for three consecutive days. This comes as a lockdown affecting some 25 million …
University students protest COVID restrictions at top Beijing institution
Students protested at Beijing’s Peking University last weekend over COVID-19 restrictions, including the use of a metal barrier. Social media videos of the peaceful demonstration have been largely …
China’s Property Down Cycle Worsened By Lockdowns
China’s investment in real estate development declined while property developers’ contract sales fell significantly last month as the country’s p …
China continues to record net inflow of cross-border capital in April
China has continued to record a net inflow of cross-border capital, and has maintained the yuan’s generally stable exchange rate as Chinese banks reported a large net foreign exchange purchase last …
China halts daily publication of bondholder data – sources
Data released last week by the International Institute of Finance (IIF) showed the largest quarterly capital outflows on record for China in the first quarter. “April has seen a similar tendency, with …
European exporters avoiding China due to pricing, access problems
Des Moore, the owner of Irish oyster farmer and exporter Belles Isle, has ceased shipping to China due to the turbulence he’s faced getting his products through Customs. “There has been a general …
Students protest, discontent grows over China’s COVID policy
Administrators at an elite Beijing university have backed down from plans to further tighten pandemic restrictions on students as part of China’s “zero-COVID” strategy after a weekend protest at the …
China Tech Stocks Surge on Bets Crackdown to Ease, JPM’s Shift
with Sunny Optical Technology Group and Li Auto Inc. the top performers. JD.com Inc. also traded higher ahead of its earnings later in the day. China’s top political advisory body is hosting a …
Daily Markets: Retail Spending, China’s Zero Covid Announcement Lifts Market Mood
Hong Kong’s Hang Seng led the way up 3.27%, driven by tech as China indicated is has reached its Covid Zero status, which assumedly means life is close to returning to normal, including production and…
