Macro: China’s industrial production plunged 2.9% y/y in April as the economy feels the strains of large Covid-related lockdowns and the global energy crunch. The drop in industrial production …
Monthly Archives For May 2022
Beijing to Conduct Additional Mass Covid-19 Testing
Beijing will conduct three additional mass nucleic acid testing in 12 districts from Monday to Wednesday, as the Chinese capital is making all-out efforts to contain the latest resurgence of Covid-19 …
Official: China’s economy reviving as anti-virus curbs ease
China’s sluggish economy is reviving as anti-virus curbs are eased and businesses in its commercial capital of Shanghai are allowed to reopen, a Cabinet official said Monday, while data showed April …
‘We are the last generation’: China’s harsh lockdowns could exacerbate population crisis
For generations of Chinese parents, the success of their children has long been one of their most important goals in life — and they are known to be willing to make great sacrifices for it.
China’s April auto export volume hits 141,000, records y-o-y decline of 6.6%: CAAM
China’s auto export volume hit 141,000 in 2022 April, dropping by 17.2 percent compared to March, and 6.6 percent of year-on-year decline, according to auto export data published by the China …
China steps in to take additional Russian oil barrels
Seaborne crude imports from Russia in April rose 16% on year to 860,000 bpd, the highest since December last year …
China state paper slams crypto and LUNA crash; applauds crypto ban
Chinese state-backed publication Economic Daily cited LUNA and UST’s crash to state cryptocurrencies “once again, proved its own risks and that it is a bubble” amid the Federal Reserve’s rate hike.
China unemployment rate near pandemic peak
China’s jobless rate rose to 6.1% in April … Official figures also show retailers and manufacturers were hit hard. Full or partial lockdowns were imposed in dozens of cities in March and April, …
Shanghai lockdown: China unemployment rate near pandemic peak
China’s jobless rate rose to 6.1% in April … Some shops are opening, but only “offline” business will resume initially. The daily reported positive case numbers are also down to three figures now, …
China’s industrial output up 4 pct in January-April
Staff members work on an assembly line at a farm machinery manufacturing company in Jining City, east China’s Shandong Province, Feb. 15, 2022.(Xinhua/Guo Xulei) BEIJING, May 16 (Xinhua) — China’s …
China’s economy slumps from COVID-19 lockdowns, ASX rises as Brambles considers $20b takeover bid
Australian shares are struggling to maintain their early morning rally, after China revealed that its economy had suffered a worse-than-expected slump in April as a result of its widening COVID-19 …
Covid-19: Shanghai targets June 1 return to normal life as lockdowns cool economy
Shanghai set out plans on Monday for the return of more normal life from June 1 and the end of a painful Covid-19 lockdown that has lasted more than six weeks and contributed to a…
China’s economy cools sharply in April as COVID-19 lockdown bites
China’s economic activity cooled sharply in April as widening COVID-19 lockdowns took a heavy toll on consumption, industrial production and employment, adding to fears the economy could shrink in the …
