Shanghai, China’s largest city and main financial centre, has been under a severe lockdown since late March. It was initially supposed to last for eight days across two halves of the city, but a clear…
Monthly Archives For May 2022
Economic Stimulus Has Become Inevitable for China
If China wants to meet its 5.5 percent growth target, it will have to change its macroeconomic policy. China’s economic growth targets and macroeconomic policies, formulated at its annual …
The World’s Largest Banks 2022: China’s ICBC Leads While JPMorgan Chase Falls
2021 was largely a good year for the banking sector as firms posted strong earnings and robust deposit growth thanks to trillions of dollars in pandemic stimulus spending from governments.
Lucid CEO: Chip supplies in wake of China lockdowns are top concern
The CEO of Lucid Group Inc. on Wednesday expressed concern about chip supplies from China due to COVID-19 pandemic-related lockdowns, adding that the U.S. electric vehicle startup is taking measures …
SoftBank plans to keep majority stake after Arm IPO and wants to list the firm as soon as possible
Japanese tech conglomerate SoftBank intends to keep a majority stake in U.K. chip designer Arm when it lists the company through an initial public offering.
China shuts down talk of covid hardship; users strike back
I’ve never seen such an expression of dissatisfaction,” said Eric Liu, who was previously a content moderator for Sina Weibo, China’s microblog site, and now works at China Digital Times monitoring …
Beijing refutes rumors of lockdown, reassures of adequate food supplies amid hoarding
Photo: Xinhua Amid claims circulating that Beijing would be locked down, which led to local residents flooding supermarkets to hoard food, Beijing officials on Thursday clarified that these are just …
Beijing denies lockdown rumours as Shanghai hunts elusive COVID-19
Beijing denied it was heading for lockdown as panic buying gripped the capital on Thursday, while Shanghai combed the city for lingering COVID-19 cases in the hope of clearing the way to escape from …
COLUMN-China lifts metals exports as Western supply chains buckle: Andy Home
China exported 45,260 tonnes of primary aluminium in March, the highest monthly total since April 2010, with almost half of it to the Netherlands. The month before 20,000 tonnes of metal left China …
Shipping company president says China’s ‘black swan’ port problem will drive up US prices this summer
America will see the highest spike in prices this summer due to China’s zero-COVID, “black swan” problem causing global supply chain delays, Alba Wheels Up President Sal Stile warns.
Column: China lifts metals exports as Western supply chains buckle
China exported 45,260 tonnes of primary aluminium in March, the highest monthly total since April 2010, with almost half of it to the Netherlands.
Can China-choice John Lee Reboot Hong Kong Business with Law and Order?
“I think people will follow the trend of where they can make money,” John Lee said, “where they can develop and follow their dreams.” …
Study projects the COVID-19 burden caused by Omicron infections in mainland China should the zero-COVID policy be lifted
By keeping the rate of infection low, China bought time to immunize its people against the virus, such that over 90% of those aged three years or more have already got the primary course of…