China’s economy is struggling … Mr. Li has overseen much of the recent effort to shore up growth, including prodding banks to lend. The Finance Ministry is speeding up approval of local bonds to …
Monthly Archives For May 2022
Global companies suffer under China’s ‘unsustainable’ zero Covid policy
As businesses in China continue to suffer due to zero-covid policy, global brands have revealed the damage to their bottom lines as both supply and demand took a major hit with millions of people …
Study Warns China Faces “Tsunami” of Omicron Coronavirus Infections
On Tuesday, the journal Nature Medicine published a new study finding China faces a “tsunami” of COVID-19 cases if it abandons its zero-COVID policy. Researchers at a university in Shanghai estimate …
China to WHO: Stop making ‘irresponsible remarks’
WHO has been censored on social media after its criticism of China’s zero-Covid policy China criticized the World Health Organization’s “irresponsible remarks” on Wednesday, after the UN body …
Four in ten Australians say concern over China an election issue – survey
Concern about China will impact the way four in ten Australians vote in this month’s national election, according to a university survey that also found voters saw the major political parties as …
China Faces ‘Tsunami’ of Covid Infection That Could Swamp the System
A new study suggests 1.55 million people could die if China abandons zero-Covid, with the intensive-care system needing 15.6 times existing capacity.
China goes bold by slashing taxes to boost economy
In late March, Chinese Premier Li Keqiang announced plans for the government to lower taxes on micro, small and medium-sized enterprises as they would witness their taxable incomes drop from 25 …
China’s Premier Urges Fiscal, Monetary Policies to Boost Economy
Chinese Premier Li Keqiang urged officials to use fiscal and monetary policies to stabilize employment and the economy as the country reels from Covid outbreaks and rising inflationary pressure.Most …
China says it will use various policy tools to support employment
China will strive to stabilise the economy and will use various policy tools to support employment, state media quoted the cabinet as saying on Wednesday.
East China’s Zhejiang sees robust foreign trade in Jan.-April
The foreign trade value of eastern China’s Zhejiang Province rose 19.3 percent year on year to 1.43 trillion yuan (about 212.5 billion U.S. dollars) in the first four months of this year, according to …
A closer look at China’s latest CPI
Overall, the CPI growth in April is mainly attributed to the rise in food prices and fuel prices. The National Statistics Bureau has also published the CPI without food and fuel, which has grown by…
In China, Tesla’s Sales Drop By 98% Due To Strict COVID-19 Lockdown: Report
China Passenger Car Association suggests that the EV producer Tesla sold 1,512 vehicles in mainland China last month, down 98% from March. Read further.
Beijing meets all national air quality standards in 2021 for first time
Beijing saw all its six major ambient air pollutants in 2021 reach the level-II national standard for the city’s first time, said the Beijing municipal ecology and environment bureau on Wednesday. The …
